Bảo Việt Insurance Firm gives one million COVID-19 insurance packages to help the community. — Photo courtesy of Bảo Việt

HÀ NỘI — During the COVID-19 pandemic, some local banks, insurers and firms have worked together to help further protect the community with different anti-coronavirus packages.

Since March 16, state-owned Bảo Việt Insurance Firm provided financial support of VNĐ20 million (US$860) for each SARS-CoV-2 positive case for the first one million Vietnamese citizens between aged 18 and 70 years old.

The insurance beneficiaries are people who are at least residing in Việt Nam for twelve months with truthful medical declarations, complying with the Government's regulations on pandemic prevention and quarantined methods and not infected with SARS-CoV-2 virus at the time they registered for the insurance. 

The protection period was one month from the date of registration and time of registration was from March 16 to April 15.

The protection programme will be effective for those who test positive for SARS-CoV-2 by a medical facility. The firm will pay the financial support via Baoviet Pay e-wallet.

Together with Bảo Việt, Sài Gòn – Hà Nội Bank (SHB) started giving its individual customers who borrow or deposit at the bank nationwide the "nCoV Shield Insurance" package from March 16 until May 31, 2020.

Those customers who borrow or deposit from VNĐ500 million at least a year or from VNĐ1 billion in at least six months will be given an insurance package with benefits up to VNĐ100 million. The package will also provide beneficiaries with VNĐ100,000 each day in case of in-patient treatment.

In HCM City, Minh Bảo Tín Investment Joint Stock Corporation, a private firm in the fashion industry also signed deals with the insurer firm of Military Insurance Joint Stock Company on March 16 for thousands of insurance packages which will be donated to the firm’s consumers and staff in more than 100 stores of Biluxury men's fashion nationwide. 

On the morning of March 17, 14 local banks awarded VNĐ120 billion to support the local prevention of COVID-19 and to help people suffering from drought and saline intrusion across Việt Nam. — VNS