Banks are pushing the sale of life insurance products (bancassurance) in the context of low credit growth since the beginning of this year due to the impacts of the COVID-19 pandemic.
AIA Life Insurance Co Ltd (Vietnam) launched a new life insurance product called “Healthier 100” that provides financial support to customers from the early stages of cancer to 100 years of age.
FWD Vietnam Life Insurance Company Ltd has launched "FWD cancer care", a new life insurance product and the first in Việt Nam to pay the entire sum assured for cancer diagnosis at any stage.
The Ministry of Finance and Ministry of Industry and Trade signed a co-ordination regulation on product approval, contract registration and transaction conditions in the field of life insurance.