The national minimum guarantee limit for death and disability liability per person in production safety accidents has been raised from 300000 yuan to 400000 yuan, covering all employees and implementing the same standard of insurance amount... The protection level of safety liability insurance has been further upgraded. On April 2nd, seven departments including the Ministry of Emergency Management, the Ministry of Finance, and the State Administration for Financial Regulation released the newly revised "Implementation Measures for Safety Production Liability Insurance", which increased the coverage of safety liability insurance, expanded the coverage scope, improved the accident prevention service mechanism, and better ensured the safety of people's lives and property. What is liability insurance? Safety liability insurance is an insurance that compensates for personal injury, property damage, and other losses caused by production safety accidents. The implementation measures specify that units that should purchase security liability insurance include those engaged in high-risk industries and fields such as mining, hazardous chemicals, fireworks and firecrackers, transportation, construction, civil explosives, metal smelting, and fishery production. Small insurance, big effect. In 2024, China's national liability insurance premium income will be 17.9 billion yuan, accounting for 1.06% of the property insurance premium income. Although the scale ratio is not large, in the face of major safety production accidents, safety liability insurance plays an important role in providing protection. The heads of relevant departments of the Ministry of Emergency Management and the State Administration for Financial Regulation introduced that in 2017, China issued the "Implementation Measures for Work Safety Liability Insurance". Since the implementation of the liability insurance system, it has played a positive role in economic compensation and accident prevention. In order to implement the relevant provisions of the revised Safety Production Law in 2021 and effectively solve the problems of insufficient insurance coverage and inadequate accident prevention service mechanisms in the work of safety liability insurance, seven departments have revised the implementation measures. The revised implementation measures have achieved multiple aspects of security upgrades - an increase in security quotas. Raise the national minimum guarantee limit for death and disability liability per person in production safety accidents from 300000 yuan to 400000 yuan, and local minimum guarantee limits can be determined based on actual conditions above the national minimum guarantee limit. It is understood that the minimum guarantee limit in some regions has reached 800000 yuan. The scope of protection has been expanded. It has been clarified that safety liability insurance should cover all employees of the insured enterprise, including temporary employees, dispatched workers, and other personnel with employment relationships. The insurance amount should be subject to the same standard and should not be treated differently based on employment methods, job positions, etc. Optimization of claims service. Propose to establish a rapid claims mechanism and prepayment mechanism for major or typical accidents. It is worth noting that as a liability insurance provider that provides claims services in the backend of accidents, it has taken a step forward and improved its accident prevention service mechanism. Insurance institutions can assist the insured in carrying out safety production publicity, education and training, major safety accident hazard investigation and other accident prevention work. The insured shall cooperate and make timely rectification. The implementation measures also explicitly require that insurance institutions shall, in accordance with relevant regulations and contract agreements, invest accident prevention service fees at a rate not exceeding 21% of the actual premium collected for liability insurance. To ensure the completion of the "last mile" of policy implementation, the insurance industry has set a "timetable" - the State Administration of Financial Regulation will guide the China Insurance Industry Association to carry out supporting construction, including the formulation and release of safety and liability insurance industry standard clauses, claims practice regulations, industry self-discipline conventions, and the establishment of an expert database. At the same time, a national safety and liability insurance information sharing platform will be established to collect and analyze safety and liability insurance information, and provide services such as querying insurance institutions and policy information. The reporter learned that the formulation of industry standard clauses, claims practice regulations, and industry self-discipline conventions for liability insurance is striving to be completed in the first half of this year. The continuous upgrading of safety production guarantee will safeguard the safety of people's lives and property, and also help promote the transformation of public safety governance mode towards pre prevention, better exerting the economic shock absorber and social stabilizer functions of the insurance industry. (New Society)