In a bid to offer improved coverage for passengers who are involved in transportation accidents, the Ministry of Finance
(“Ministry”) has issued Regulation
No. 15/PMK.010/2017 on Donation Amounts and Mandatory Premiums for the Mandatory Insurance Fund for Accidents Involving Passengers of Road, River/Lake, Ferry, Sea and Air Public-Transportation Vehicles (“
Regulation 15/2017”).
[1]
With this objective in mind, Regulation 15/2017 redefines various provisions relating to donations which are made to the victims of transportation accidents, as well as the mandatory premiums that must be paid by passengers. These areas were previously regulated under Ministerial Regulation
No. 37/PMK.010/2008, which bore the same title (“
Regulation 37/2008”).
Donations
Regulation 15/2017 defines a donation as a certain amount of funds that will be granted to any passengers or heirs of passengers who become the victims of any road, river/lake, ferry, sea or air public-transportation accidents. A comparison between the various donation amounts, as set out under both Regulation 15/2017 and Regulation 37/2008, are as described in the table below:
[2]
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