Hanwha Life Vietnam launches “Health is Wealth” insurance package

November 22, 2017 | 17:14
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.

Hanwha Life Vietnam has launched the new "Health is Wealth" insurance package

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.

A financial consultation training day hosted by Hanwha Life Vietnam

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.

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By By Sam Luong

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