New motor insurance law to affect all vehicles
Posted: Fri Aug 04, 2017 11:33 am
Motorists face insurance law
4 August 2017
National police officials yesterday said that all vehicle owners will soon be required to purchase insurance for their vehicles.
Him Yan, national deputy police chief, told 120 provincial police officials from 12 provinces of the development during a training course of traffic accident investigations.
“Currently, Chinese and Thai companies are in contact with the National Police to create insurance for all types of vehicles,” Mr Yan said.
Mr Yan said that a motorbike owner would pay $17 per year and owners of small cars $70, while owners of large vehicles would pay $80 per year.
“If the motor driver gets into an accident causing injuries, the company will pay out $580 and if there is a death involved, the company will pay $3,000,” Mr Yan said.
Mr Yan added that a timeline has not yet been set for the implementation of the goal to outfit all drivers with insurance...
http://www.khmertimeskh.com/5076538/mot ... rance-law/
4 August 2017
National police officials yesterday said that all vehicle owners will soon be required to purchase insurance for their vehicles.
Him Yan, national deputy police chief, told 120 provincial police officials from 12 provinces of the development during a training course of traffic accident investigations.
“Currently, Chinese and Thai companies are in contact with the National Police to create insurance for all types of vehicles,” Mr Yan said.
Mr Yan said that a motorbike owner would pay $17 per year and owners of small cars $70, while owners of large vehicles would pay $80 per year.
“If the motor driver gets into an accident causing injuries, the company will pay out $580 and if there is a death involved, the company will pay $3,000,” Mr Yan said.
Mr Yan added that a timeline has not yet been set for the implementation of the goal to outfit all drivers with insurance...
http://www.khmertimeskh.com/5076538/mot ... rance-law/