From July 1, 2025, apartments and collective houses over 5 floors are required to purchase fire and explosion insurance.

This is one of the important contents, aiming to strengthen fire prevention and fighting, protect the safety of property and people's lives. The list of establishments required to purchase fire and explosion insurance is stipulated in Appendix VII of the Decree, including 44 types with specific criteria on building height and usable floor area.

In addition to collective housing and apartments, many other types of facilities must also comply with this regulation. Specifically,educational facilities include nurseries, kindergartens, preschools with 50 children or more, or an area of ​​500m²; primary schools, secondary schools, high schools, universities, colleges, vocational schools, vocational training facilities with 3 floors or more or an area of ​​1,500m².

For medical facilities, including hospitals, general and specialized clinics, medical stations, maternity homes, research facilities, nursing homes, rehabilitation facilities... with a height of 3 floors or an area of ​​300m² or more.

Sports and entertainment facilities such as gymnasiums, stadiums, swimming pools, racetracks, shooting ranges with a capacity of 1,000 seats or more or a floor area of ​​1,000m² or more.

Headquarters and offices of state agencies, enterprises, and socio-political organizations with buildings of 3 floors or more or an area of ​​500m² or more are also required.

Service and accommodation businesses such as hotels, motels, restaurants, conference centers, passenger terminals, aquariums, libraries, museums, entertainment facilities, businesses selling flammable goods, houses combined with production and business... must also purchase insurance.

For assets in the list of state secrets, special assets, specialized assets or assets serving state management, insurance enterprises must ensure strict requirements on confidentiality, safety and information security in the process of providing fire and explosion insurance services.

Some exempted entities include facilities serving military, defense, and security purposes under the management of the Ministry of National Defense and the Ministry of Public Security. However, other facilities not included in the mandatory list are still encouraged to voluntarily participate to increase their ability to prevent risks and protect assets.

In addition to the provisions on subjects and scope of application, the Decree also clearly states the financial mechanism: Insurance companies implementing compulsory fire and explosion insurance must pay 2% of the total actual insurance premiums collected in the previous fiscal year. The management of this revenue source is implemented according to the provisions of Decree No. 67/2023/ND-CP.

Purchasing compulsory fire and explosion insurance is not only a legal responsibility but also a proactive solution to protect the lives and property of people and the community in the context of the risk of fire and explosion in residential areas, urban areas, schools, hospitals, etc. still latent and complicated.

News and People Newspaper

Source: https://baodanang.vn/xa-hoi/202505/tu-1-7-2025-chung-cu-va-nha-tap-the-tren-5-tang-bat-buoc-mua-bao-hiem-chay-no-4006949/