Who is required to participate in fire and explosion insurance?

According to the Law on Fire Prevention, Fighting, and Rescue 2024, agencies, organizations, and individuals must participate in mandatory fire and explosion insurance for the assets of their facilities that are on the list of those requiring mandatory fire and explosion insurance.

This is not only a legal requirement but also a solution to minimize damage, quickly remedy the consequences when incidents occur, and ensure the stability of production and business operations.

Mandatory fire and explosion insurance contributes to protecting assets and stabilizing production and business operations.

Specifically, according to Article 48 of the Law on Fire Prevention, Firefighting and Rescue, it is stipulated that:

1. Agencies, organizations, and individuals must participate in mandatory fire and explosion insurance for the assets of facilities included in the list of facilities required to purchase mandatory fire and explosion insurance and comply with the provisions of the law on insurance.

2. Encourage agencies, organizations, and individuals to participate in mandatory fire and explosion insurance for assets of facilities not included in the list of facilities required to purchase mandatory fire and explosion insurance.

3. The Government shall prescribe the list of establishments required to purchase mandatory fire and explosion insurance; the contribution rates, management regime, and use of revenue from mandatory fire and explosion insurance for fire prevention, firefighting, rescue, and relief activities.

Appendix VII of Government Decree No. 105/2025/ND-CP, which details some provisions and measures for implementing the Law on Fire Prevention, Fighting, and Rescue, clearly stipulates 44 types of establishments that are required to purchase fire and explosion insurance, including:

1. Apartment buildings and collective housing with five or more floors or a total floor area of ​​1,000 m² or more.

2. Nurseries, kindergartens, and preschools with 50 or more children or a total floor area of ​​500 m² ^or more.

3. Primary schools, lower secondary schools, upper secondary schools, multi-level general schools, universities, colleges, vocational high schools, vocational training schools, technical worker schools, other educational institutions as prescribed by law on education, space research facilities, specialized database centers and other specialized research facilities with buildings of 3 stories or more or with a total floor area of ​​1,500 m² or more.

4. Hospital.

5. Clinics (general or specialized), health stations, maternity homes, disease prevention and control facilities, medical research and testing facilities, nursing homes, rehabilitation centers, orthopedic centers, elderly care facilities, and other medical facilities as defined by the Law on Medical Examination and Treatment that have buildings of 3 stories or more or a total floor area of ​​300 m² or more.

6. Stadiums with a seating capacity of 2,000 or more.

7. Sports arenas, training facilities, swimming pools, sports fields with grandstands, racetracks, shooting ranges, and other sports facilities established under the Law on Physical Education and Sports with 1,000 seats or more or a total floor area of ​​1,000 m² or more.

8. Theaters, cinemas, circuses.

9. Convention centers, museums, libraries, galleries, and exhibition halls with buildings of 3 stories or more, or with a total floor area of ​​500 m² or more.

10. Aquariums, karaoke establishments, dance clubs, entertainment and recreation establishments, performing arts venues, and other cultural activity establishments with two or more floors or a total floor area of ​​300 m² or ^more .

11. Markets, shopping centers, and supermarkets with a total floor area of ​​300 m² or more.

12. Food service establishments and other service establishments as prescribed by law with a total floor area of ​​300 m² or more.