Insurance policy applies to solar power systems\u00a0<\/b><\/span><\/h2>\nBasic elements of insurance policies applicable to solar power systems:<\/p>\n
Property insurance:<\/b><\/p>\n\n- Solar Module Protection: This policy includes protection for the solar module against incidents such as lightning, fire, or natural disasters.\u00a0This includes damage and loss.<\/li>\n
- Inverter Insurance: The inverter is an important part of the system, so the policy should include protection for the inverter against damage or loss.<\/li>\n<\/ul>\n
Performance coverage:<\/b><\/p>\n\n- Loss of profits protection: This policy includes protection for loss of profits due to the solar power system temporarily shutting down due to an incident.\u00a0This may include loss of power savings and system support benefits.<\/li>\n
- Repair or replacement cost coverage: This policy covers the cost to repair or replace the system if necessary.<\/li>\n<\/ul>\n
Insurance against weather risks:<\/b><\/p>\n\n- Bad weather protection: This insurance policy includes protection for the solar power system from incidents caused by bad weather such as storms, tornadoes, or heavy rain.<\/li>\n<\/ul>\n
Insurance against Fire:<\/b><\/p>\n\n- Fire Protection: This insurance includes protection for the solar power system against fire or fire-related hazards.<\/li>\n<\/ul>\n
Insurance against Lightning Strikes:<\/b><\/p>\n\n- Lightning protection: This policy includes protection for the system against damage caused by lightning.<\/li>\n<\/ul>\n
Optional extension policy:<\/b><\/p>\n
Depending on\u00a0the scale of the solar power project,\u00a0<\/b>the insurance policy can be customized by adding other specific conditions if needed, such as protection against specific geological incidents.<\/p>\nCompensation level when participating in solar power system insurance<\/b><\/span><\/h2>\nThe amount of insurance will be based on… the contract value committed by both parties.<\/p>\n
Stage: Construction – Installation of solar power system<\/b><\/span><\/h3>\nInsurance terms and conditions<\/b><\/span><\/h4>\nInsurance rules for All risks of installation issued together with Decision No. 121\/2016\/QD-MIC.\u00a0Of Military Insurance Joint Stock Corporation dated January 1, 2016 (Insurance Rule No. 121\/2016\/QD-MIC);<\/p>\n
The insurance amount will be converted according to the following table:<\/p>\n
\n\n\n| Part I. Material damage<\/b><\/td>\n | Insurance money<\/b><\/td>\n<\/tr>\n\n| 1. Installation work2. Construction work<\/td>\n | <\/td>\n<\/tr>\n | \n| Natural disaster risks<\/b><\/td>\n | Compensation limits [1]<\/b><\/td>\n<\/tr>\n\n| 1. Earthquake, volcano, tsunami2. Storms, tornadoes, floods, landslides<\/td>\n | <\/td>\n<\/tr>\n | \n| Part II.\u00a0Liability towards third parties<\/b><\/td>\n | Compensation limits [2]<\/b><\/td>\n<\/tr>\n\n| 1. Physical injury1.1.\u00a0for each person<\/p>\n 1.2.\u00a0for total number of people<\/p>\n 2. Property damage<\/td>\n | <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nDeductible<\/b><\/span><\/h4>\nAs for material damage, it will be deducted as follows:<\/p>\n For natural disaster risk: \u2026% of loss value, minimum \u2026\u2026\u2026\u2026 VND\/each loss.<\/p>\n For other risks: \u2026% of loss value, minimum \u2026\u2026\u2026\u2026 VND\/each loss.<\/p>\n Responsibility towards third parties:<\/p>\n For property damage: \u2026% of loss value, minimum \u2026\u2026\u2026\u2026 VND\/each loss.<\/p>\n (Deductible does not apply to personal injury).<\/p>\n Solar power system insurance term<\/span><\/h4>\nThe insurance period is from the date of construction commencement until the project is completed, handed over or put into use (whichever comes first).\u00a0According to the written notice of the Policyholder, plus the warranty period according to additional terms.\u00a0\u201cMR003-standard warranty coverage\u201d\/or \u201cMR004-extended warranty coverage\u201d as follows:<\/p>\n \n- Construction start date (expected): \u2026.\u00a0\u2013 \u2026.\u00a0\u2013 \u2026.;<\/li>\n
- Completion date (expected): \u2026.\u00a0\u2013 \u2026.\u00a0\u2013 \u2026.;<\/li>\n
- Warranty period \u2026\u2026 months.<\/li>\n
- Total insurance period (including warranty period) must not exceed: \u2026\u2026 months from the date of construction commencement.<\/li>\n<\/ul>\n
If at the time of signing the insurance contract, the Insured has not yet determined the expected start date and expected completion date of the project, then before starting the project, the Policyholder must notify in writing. notify the Insurer of the commencement date and construction deadline.<\/p>\n The insurer is not responsible for compensation for losses that occur or are discovered before there is a written notice of the commencement and completion of the project.<\/p>\n Construction deadline<\/b><\/span><\/h4>\nIf the construction period lasts beyond the expected completion date, record it.\u00a0Of this, the Policyholder is obliged to notify the Insurer in writing before the expiration date.\u00a0And must be accepted by the Insurer and made into an Appendix to the Contract.\u00a0If the Policyholder does not notify, the insurance period automatically ends at the expected completion date as agreed upon in the terms of the contract.<\/p>\n The insurer is not responsible for compensation for losses occurring before the date of signing this Contract.<\/p>\n The insurance period automatically ends for individual items that have been completed or put into use (whichever comes first).\u00a0Even though the general insurance period for the entire project is still valid.<\/p>\n Other regulations on insurance period still comply with the Construction\/Installation Insurance Rules attached to this insurance contract.<\/p>\n Phase: Operating the solar power system<\/b><\/span><\/h3>\nProperty insurance for rooftop solar power systems<\/b><\/span><\/h4>\n\n- Subject covered<\/li>\n
- Insurance terms and conditions<\/li>\n<\/ul>\n
Insurance rules apply<\/b><\/span><\/h4>\n\n- Insurance rules for Fire and special risks – Material damage section issued with Decision No. 1182\/2018\/QD-MIC.\u00a0Of Military Insurance Joint Stock Corporation dated May 7, 2018 (Insurance Rule No. 1182\/2018\/QD-MIC);<\/li>\n
- Fire and special perils insurance rules \u2013 Business interruption section issued.\u00a0Attached to Decision No. 1181\/2018\/QD-MIC of Military Insurance Joint Stock Corporation.\u00a0May 7, 2018 (Insurance Rule No. 1181\/2018\/QD-MIC);<\/li>\n<\/ul>\n
Risks are insured<\/b><\/span><\/h4>\n\n- A: Fire<\/li>\n
- B: Explosion<\/li>\n
- [\u2026\u2026\u2026]<\/li>\n<\/ul>\n
| | | |
![\"The](\"https:\/\/vrenergy.vn\/wp-content\/uploads\/2023\/08\/cac-bo-phan-chinh-trong-he-thong-dien-mat-troi-4-min-1024x538.jpg\" "\\"Solar")
<\/p>\n![\"khao](\"https:\/\/vrenergy.vn\/wp-content\/uploads\/2023\/08\/khao-sat-khu-vuc-lap-dat-he-thong-dien-mat-troi-2-min-1024x538.jpg\" "\\"Solar")
<\/p>\n![\"Newest](\"https:\/\/vrenergy.vn\/wp-content\/uploads\/2023\/05\/chinh-sach-thue-doi-voi-dien-mat-troi-ap-mai-moi-nhat-2023-1-min-1024x538.jpg\" "\\"Solar")
<\/p>\n