DECREE 220/2026/ND-CP – KEY CONSIDERATIONS FOR CONSTRUCTION INSURANCE

Effective from 1 July 2026, Decree No. 220/2026/ND-CP introduces amendments and supplements to certain provisions of Decree No. 67/2023/ND-CP on compulsory insurance in construction activities.

For Project Owners and Contractors, these changes are not only about regulatory compliance but may also directly affect insurance arrangements, insured values, premium rates, and risk management throughout the construction period.

From an insurance broker’s perspective, TIS has summarized the key changes and areas that Project Owners and Contractors should proactively review in the infographic below.

An insurance program that is properly reviewed and structured from the budgeting and tender stages can help minimize coverage gaps, ensure appropriate premium rates, and better protect the interests of the project.