RELEASED DATE 30 May 2019
Accordingly, individual customers who buy or renew a borrower's insurance will receive a cash gift if they meet certain eligibility requirements, particularly:
• For each insurance with premium of VND5 million or more, customers will immediately receive VND500,000;
• For premium from VND3 million to less than VND5 million, customers will receive VND200,000;
• For premium from VND2 million to less than VND3 million, customers will receive VND100,000.
The cash gift only applies for the first 3,000 customers who buy or renew their borrower's insurance provided that their Certificate of Insurance is not cancelled during the program period.
As a collaborative product with BIDV Insurance Corporation (BIC), the borrower's insurance at BIDV is "BIC Binh An". Launched in 2009, BIC Binh An borrower's insurance has been developing and completed with competitive benefits, such as 100% coverage up to VND4 billion for personal accidental risks, and partial or full coverage up to VND200 million for illnesses. With attractive benefits and low premium cost, BIC Binh An remains an outstanding insurance plan and a smart financial solution for customers to hedge risks.
BIDV is honored to be the first and only bank to receive Best Retail Bank Award in Vietnam for 4 consecutive years (from 2015 to 2018) by The Asian Banker; and Best Retail Bank Award for 3 consecutive years 2016, 2017 & 2018 by Vietnam Banks Association (VNBA) and International Data Group (IDG).