Hanwha Life Vietnam launches “Health is Wealth” insurance package

Nov 23rd at 09:02
23-11-2017 09:02:47+07:00

Hanwha Life Vietnam launches “Health is Wealth” insurance package

On November 21, Hanwha Life Insurance Co., Ltd. (Hanwha Life Vietnam) officially launched the new insurance package called “Health is Wealth” in Ho Chi Minh City, with the intent of delivering optimal insurance services to promote individuals and households’ overall well-being in Vietnam.

The “Health is Wealth” insurance package was created to provide insurance coverage, including healthcare benefits against accidental incidents, for registered customers.

As informed by the company’s representative, the “Health is Wealth” package targets to provide residential and outpatient treatments, payment guarantee for hospitalisation, as well as various insurance options offered at a reasonable cost.

The insurance package will be promoted across Asia and, later on, on a global scale.

Thanks to Hanwha Life Vietnam’s co-operation with Insmart Co., Ltd. (an insurance and healthcare provider), registered customers could gain access to medical institutions in Asia or anywhere else in the world (except for the US and Canada).

Regarding the benefits provided by the package, the insured customers are given assistance to minimise the medical charges in case of unfortunate incidents.

For instance, with the in-patient treatment, the firm committed to help the package’s registrants to diminish the fees of hospital stay (for patients and the patient’s caregivers), special care, daily health examination, pre-hospitalisation treatment, after-discharge treatment, in-home medical services, surgery, accident-related emergency treatment, traumatic dental injuries, domestic ambulance, day treatment, and physiotherapy, among a whole range of other services.

Additionally, subscribers could expect Hanwha Life Vietnam to help out with cancer treatment fees, including radiation therapy, chemotherapy, surgery, and organ transplant.

Talking about the new insurance service, Back Jong Kook, chairman and general director of Hanwha Life Vietnam, noted that the demand for healthcare and personal savings plans for potential future health-related issues has been substantially increasing among the younger generations of Vietnam, especially with the increasing likelihood of critical health conditions.

He also added that the key objective of the insurance package was to reinforce the firm’s vision of elevating the standards of wellness after the firm successfully launched the insurance package “Family is Everything” in Vietnam three years ago.

Earlier this year, Hanwha Life Vietnam provided financing to poor people in eight provinces and cities across the country with over 9,500 health insurance cards in March. The total sponsorship was estimated at VND2 billion ($88,000).

Hanwha Life Vietnam, a branch company under the management of Hanwha Group, is one of the leading life insurers in South Korea with a diverse business portfolio comprising of services tailored for each customer.

The insurance firm’s products vary from guaranteed education plans, health and pension insurance packages, to savings and investment plans.

vir



NEWS SAME CATEGORY

Grab Vietnam overstates taxes paid in Vietnam

Grab Vietnam claimed to have paid VND140 billion ($6.16 million) to Vietnam’s budget in the ten months of this year, which is far above the VND9.53 billion...

MyVIB Social Keyboard makes debut

The Vietnam International Bank (VIB) on Wednesday launched its new application – MyVIB Social Keyboard – enabling customers to transfer money on social networks in...

Vietnam approves bill letting banks be declared bankrupt

Vietnam’s national assembly on Monday gave authorities the ability to declare troubled banks bankrupt, through an amendment to a law on the operation of credit...

Vietbank unveils VNĐ7.2b Tet promotion

Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank) has launched a promotion for Tet (Lunar New Year holidays) next February with nearly 24,000 gifts worth a...

Differences in rates at large banks

In contrast to Vietcombank’s move to cut deposit interest rate a week ago, two other large State-owned commercial banks -- Vietinbank and BIDV -- this week...

HN to get potential benefits from going cashless

The capital could earn an extra US$600 million per year if the majority of transactions are electronic, replacing cash.

Vietcombank divests from two firms

The Bank for Foreign Trade of Viet Nam (Vietcombank) on Monday was estimated to receive VND342.6 billion (US$15.2 million) from selling its entire stakes in the...

AIA sees a path toward Vietnam’s future goals

With Vietnam boosting the reform of its economic structure, AIA Group Limited – a leading pan-Asian life insurer listed in Hong Kong – is seeing many opportunities...

Insurance market maintains stable growth rate

The insurance market continued to maintain stable growth rate in the first 10 months of the year, according to the Ministry of Finance (MoF).

VIB receives $185-million IFC financial package

International Finance Corporation and its partners will offer $185 million of assistance to Vietnam International Bank.

Bank stocks

Insurance stocks


MOST READ


Back To Top