Hanwha Life Vietnam sponsors 9,500 health insurance cards for the poor

Saturday, Mar 25, 2017 12:00

A representative of Hanwha Life Vietnam gives away health insurance cards to poor people in HCM City.— VNS Photo

Hanwha Life Vietnam continues to cooperate with the Sponsoring Association for Poor Patients of HCM City in implementing the community support propramme.

This year, Hanwha Life Vietnam sponsors more than 9,500 health insurance cards to poor people in 8 provinces and cities across the country. The total cost is estimated at VND2 billion (87,500 USD).

The programme was officially launched from March 22 by the official signing ceremony between Hanwha Life Vietnam and the Sponsoring Association for Poor Patients of HCM City. Accordingly, 9,500 health insurance cards will be given to poor people at Thanh Hoa, Nghe An, Ha Tinh, Dak Nong, Kon Tum, Quang Tri and Ca Mau.

Right at the signing ceremony a total of 310 health insurance cards worth more than VND186 million (US$8,130) were handed to disadvantaged families in HCM City’s Tan Binh District.

This is the fourth year in a row that Hanwha Life Vietnam and the association are helping poor people get access to healthcare.

In the last three years the insurer provided more than VND6.3 billion (US$275,620) for the programme, benefitting 27,260 poor people in 14 cities and provinces.

It has also carried out various other charity activities across the country such as building new houses for needy families, schools and medical centres at a cost of VND22 billion (US$962,500) since 2013, proving its strong commitment to the community.

Nguyen Nha Ngoc Tram Anh, Chief Operations Officer of Hanwha Life Vietnam, and Dr Tran Thanh Long, chairman of the HCM City Sponsoring Association for Poor Patients, sign an agreement on Wednesday under which the Korean insurer will donate health insurance cards to more than 9,500 poor people.— VNS Photo

For its initiatives to benefit society, Hanwha Life Vietnam was conferred the 2015 Corporate Social Responsibility Award by Viet Nam’s Ministry of Planning and Investment and Korea’s Ministry of Trade, Industry and Energy.

“Hanwha Life Vietnam underlines social responsibility as an important mission,” Back Jong Kook, Chairman cum General director of Hanwha Life Vietnam, said.

“After operating in Viet Nam for more than eight years, we understand medical insurance is an urgent need for many people, especially those living in remote and disadvantaged areas.

“By sponsoring the programme to donate health insurance cards, Hanwha Life Vietnam hopes to help poor people have a better life.”

In collaboration with the association, the programme, part of long-term activities in line with Hanwha Group’s cultural traditions, has been successfully implemented for several years now.

Hanwha is among the 10 top conglomerates in Korea and 500 largest companies in the world, and has 3 divisions: manufacturing and construction, finance, service and leisure.

Established in 1946, Hanwha Life Insurance (formerly Korea Life Insurance) is the oldest life insurer in Korea.

The company has grown to become the country’s leading life insurer with total assets of US$84 billion and an AAA solvency rating from prominent rating agencies.

Its Vietnamese subsidiary has a charter capital of more than VND1.891 trillion (US$102.8 million), one of highest in the industry.

Since 2009 Hanwha Life Vietnam has been introducing various insurance products. It has nearly 250 employees and over 24,000 financial consultants working in more than 80 offices nation-wide.

It is trusted by nearly 100,000 customers.— VNS


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