Chapter II Types of insurance and policy support
Article 4 Referring to the types of insurance determined by the national scientific and technological departments and insurance regulatory authorities, the types of scientific and technological insurance subsidies mainly include patent insurance, product R&D liability insurance, key R&D equipment insurance, business interruption insurance, product liability insurance, product quality assurance insurance, petty loan guarantee insurance, employer liability insurance, environmental pollution liability insurance, property insurance and project investment losses insurance.
Article 5 After an enterprise has insured the scientific and technological insurance specified in Article 4 of this “Measures”, upon examination, subsidies shall be given to those enterprises that meet the requirements, and the maximum annual subsidy for a single enterprise shall not exceed 250,000 yuan.
Article 6 When an enterprise applies for scientific and technological insurance, its premium expenses shall be included in the accounting scope of R&D expenses, and it shall enjoy the preferential tax policies of the nation according to related regulations.
Chapter III Subsidy methods
Article 7 The premium subsidies of scientific and technological insurance shall be distributed in the same year of the application, one insurance for each year, and the subsidy shall be paid annually (the specific starting and ending dates shall be subject to the dates specified in the insurance contract), and the insurance with single payment for several years or installment shall not be subsidized. It is not allowed to apply for subsidies repeatedly for the same guarantee slip.
Article 8 The Nanning Science and Technology Bureau will accept the application of premium subsidies for scientific and technological insurance in June and October every year, and verify the application materials.
Article 9 The Nanning Science and Technology Bureau, together with the Nanning Finance Bureau, will issue a premium subsidy plan upon receiving the approval of the Nanning Municipal People’s Government after submitting the plan.
Article 10 The premium subsidy plan shall be approved by the Nanning Municipal People’s Government, and be transferred by the Nanning Science and Technology Bureau to the account of each insurance enterprise in accordance with the relevant provisions on the allocation of financial funds.