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Banking & Finance

Generali Vietnam launches first instore & online-distributed health insurance product

Released at: 17:15, 19/12/2019

Generali Vietnam launches first  instore & online-distributed health insurance product

Photo: Hung Cao (VET)

"VITA - Song Nhu Y" the first online and in-store insurance product in Vietnam.

by Hung Cao

The Generali Vietnam Life Insurance LLC recently launched the “VITA - Song Nhu Y” (VITA - Live the Life You Desire) product in Vietnam, with attractive inpatient treatment benefits and competitive premiums.

This is the first health insurance product in Vietnam available at pharmacies or Generali Vietnam’s partner stores, in addition to online channels such as GenVita and the Shopee e-commerce platform.

“VITA - Song Nhu Y” protects customers from 15 days to 59 years of age against financial costs related to healthcare treatment by reimbursing actual medical expenses, with total inpatient treatment benefits up to 165 times the premium and with competitive premiums starting from VND1.16 million ($50) per policy year.

The product can be purchased at its website, the Shopee e-commerce platform, and at FPT Long Chau pharmacies nationwide. Generali Vietnam will continue to expand the distribution network for the product with other partners in the future.

“Health insurance forms an integral part of our life, especially amid rising medical costs,” said Ms. Tina Nguyen, CEO of Generali Vietnam. “Driven by a desire to provide Vietnamese people with a comprehensive healthcare plan, we have designed ‘VITA - Song Nhu Y’, which is easily accessible for families while at the same time offering a unique and enjoyable insurance experience tailored to their needs.”

“We hope that Generali Vietnam’s superior products and services will bring our customers greater peace of mind so they can confidently pursue their passions and ‘live the life they desire’, as suggested by the name that was thoughtfully chosen for this product.”

The new product includes benefits such as a fast and easy-to-understand purchasing process, with only three minutes needed to learn about the product, three minutes to purchase it, and three minutes for it to be activated.

It can be purchased as a gift and full refunds are available. It also demonstrates transparent and easy-to-understand benefits with competitive premiums with a number of options to suit a range of different customers. In addition, it has an efficient claims process via the GenClaims application or at Generali Vietnam’s customer service centers nationwide.

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