Since its entrance in the Vietnamese insurance market in April 2011, Generali Vietnam has been working diligently on the development of a full range of risk and protection products to fulfill the needs of its corporate clients for the employees and their families.
We are glad to inform you that last January Generali Vietnam Life has officially received from the Ministry of Finance the approval to offer dependants coverage (Life, AD&D and Medical).
With this approval the company is now the only life insurer in Vietnam licensed to write dependants cover under group policies and it can now compete with the non life insurers that so far had the monopoly in doing group business (with dependants cover).
Starting from 2012, Generali Vietnam Life is offering an entire spectrum of products covering life, accident, disabilities and health:
1. Group Term Life
2. Group Yearly Renewal Term life (with Dependants coverage)
3. Group Accidental Death and Disabilities
4. Group Yearly Renewal Accidental Death and Disabilities (with Dependants coverage)
5. Group Medical Benefits
6. Group Yearly Renewal Medical Benefits (with Dependants coverage)
7. Group Hospital Cash
8. Group Income Compensation
This range of products is backed by a proprietary group insurance administration system and a purposed-built direct billing network of over 40 Healthcare Service Providers over Vietnam.
The main priority of Generali Vietnam Life is to build and position itself as the leading life insurance company in providing professional employee benefits solutions and exemplary services to its corporate clients in Vietnam and GEB will support Generali Vietnam Life to achieve this ambitious target.