BIDV MetLife provides VND25 million coverage to COVID-19 positive customers

The COVID-19 pandemic has had devastating impacts on a wide range of industries like tourism, transportation, and manufacturing. Many industrial parks have had to suspend operations after infections were detected. Many have lost their jobs, had to take a break, or had their working hours cut to have their income reduced.

Since April 27, especially after the April 30-May 1 national holiday, the number of infections in Vietnam has significantly increased to more than 4,000 positive cases in just about a month. There is no sign that the number would stop rising anytime soon.

The fourth wave of the coronavirus is a source of growing complications due to the appearance of two new variants from the UK and India, both of which are able to spread faster than the original strain.

Following the provisions of the Law on Prevention and Control of Infectious Diseases, promulgated by the Vietnamese government in 2010, people diagnosed with COVID-19 are exempt from medical examination and treatment expenses. It means that once a person is confirmed positive, their treatment in an isolation ward will be covered. The state will shoulder all expenses for medical examination, patient bed, technical services, drugs, blood, infusion fluids, and testing, according to the guidance of the Ministry of Health. The regulation is enjoying wide public support as patients need only pay for the cost of their meals.

However, for those who are the breadwinners of the family, the treatment period will be a time of income lost to support their loved ones. Understanding this, and constantly striving to accompany and provide comprehensive protection benefits to customers, BIDV MetLife life insurance company has launched the Customer Financial Support Program against the COVID-19 pandemic.

BIDV Metlife will support customers testing positive for COVID-19

Specifically, BIDV MetLife has been providing coverage of VND25 million ($1,090) to all customers who are unfortunately test positive for COVID-19. Beneficiaries of this package include individual customers who buy insurance and the insured of the insurance policy that (i) have a valid insurance policy with BIDV MetLife and (ii) have a positive test for the SARS-CoV-2 virus issued by a competent health facility since May 1, 2021.

Customers can receive a financial assistance package for up to 60 days from the date of testing positive for COVID-19.

General director Gaurav Sharma of BIDV MetLife shared: “The COVID-19 pandemic has caused troubles for the economy, society, and people. We are sympathetic with their plight and would like to share part of the difficulties with our customers who are unfortunately infected by COVID-19 through the Customer Financial Assistance Program. This programme was rolled out to show that BIDV MetLife always protects and accompanies customers against risks in life, in line with the purpose we always pursue: Navigating happiness together.”