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| Chubb Life Vietnam has introduced a new insurance product for cancer patients. — VNS Photo |
Viet Nam News
HCM CITY — Chubb Life Insurance Vietnam Company Ltd has launched the C Care Health Insurance product, its first stand-alone health insurance product, after the Ministry of Finance adjusted its licence, enabling it to sell health insurance.
The product is available to customers aged one month to 60 years, who will be insured against cancer at different stages.
The company will pay 50 per cent of the sum assured (up to VNĐ500 million [US$22,000]) if the insured has early-stage cancer, and 100 per cent if it is late-stage.
The premium will remain unchanged during each of the five-year term the policy is in effect.
The company accepts diagnosis of cancers from hospitals in Việt Nam and many other countries, allowing customers to go abroad for treatment.
Lâm Hải Tuấn, chairman and country president of Chubb Life in Việt Nam, said, "This is the first time we introduce a stand-alone health insurance product, which is not attached to a life insurance product. With the C Care product, we are one step closer to our goal of providing customers with a diversified and comprehensive product portfolio."
Chubb is the world’s largest publicly traded property and casualty insurance company. Chubb Life has been in Việt Nam since 2005. — VNS
