Launch of Family Income Protection Insurance and Cancer Treatment Support Insurance products

Phu Huong May 24, 2020 10:36

(Baonghean.vn) - In order to help customers always be proactive in the face of risks and incidents in life, in May 2020, Bac A Commercial Joint Stock Bank cooperated with Dai-ichi Life Insurance Company Vietnam to officially launch 2 new additional products: Family Income Protection Insurance and Cancer Treatment Support Insurance.

The Family Income Protection product is for all customers aged 18 - 65, with flexible insurance terms from 5 to 25 years and reasonable premiums to help maintain daily life and cover living expenses for the family against the 3 biggest risks that can cause the loss of the main source of income from the breadwinner, including critical illness, death, total and permanent disability. Customers are completely proactive in choosing the protection plan that suits their needs.
When an unfortunate event occurs to the family's financial breadwinner - the insured person of this product, the Customer will receive the "Periodic Income Support" benefit with a regular annual payment equal to 100% of the insurance amount to promptly compensate for the unfortunate loss of income. If the insured person of the main product dies or is totally and permanently disabled, the Customer will receive a one-time payment equal to 200% of the total remaining Periodic Income Support benefit or 500% of the insurance amount (whichever is greater).
Sản phẩm bảo hiểm bổ sung được ra mắt trong tháng 5/2020. Ảnh: P.V
Additional insurance products were launched in May 2020. Photo: PV

To make cancer no longer a financial burden, the Cancer Treatment Support Insurance product was launched with a protection period of 5 to 25 years and a reasonable premium, for customers aged 0-65, helping to support treatment in all stages of cancer, including mild cancer, severe cancer and special cancer, with total benefits up to more than 300% of the insurance amount. Not only is it an effective financial backup plan solution, Cancer Treatment Support Insurance also adds strength and optimism to patients with outstanding insurance benefits.

By participating in the Cancer Treatment Support Insurance product, customers will also receive increased protection benefits to cover treatment costs such as: a subsidy of 0.2% of the insurance amount for each day of hospitalization, treatment cost support equal to 20% of the paid mild and severe cancer benefits, as well as additional support for health recovery costs equal to 20% of the insurance amount.
Furthermore, by accepting cancer diagnosis results from hospitals worldwide, this product will help insured people feel more secure when choosing treatment at home or abroad.
Ngân hàng TMCP Bắc Á với tôn chỉ hoạt động
North Asia Commercial Joint Stock Bank with the motto "Keep a bright mind to reach far and wide".

“Understanding the preciousness of family values ​​and the importance of health of Vietnamese people, BAC A BANK always strives to accompany customers to build a peaceful life. Now, BAC A BANK customers not only enjoy the superior benefits from the main life insurance product but also optimize the outstanding benefits from additional insurance products, meeting the increasing needs of customers.” - Ms. Vu Thanh Thuy, Deputy Director of Retail Banking Division of Bac A Commercial Joint Stock Bank shared.

The Family Income Protection product and Cancer Treatment Support Insurance product are effective every year, so Customers can flexibly choose to participate at any time of the main contract. Additional products are applied to all branches/transaction offices implementing the BAC A BANK - Dai-ichi Life Vietnam insurance business cooperation model.
For more information, please visit website www.baca-bank.vn or contact Customer Service Center 1800 588 828.

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Launch of Family Income Protection Insurance and Cancer Treatment Support Insurance products
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