HSBC Vietnam & Bao Viet launch insurance products
Monday, 17. November 2008, 09:53:56
HSBC and Bao Viet Finance - Insurance Group launched new insurance products today Nov 17. The new products are Property and Keyman insurance services, offering more options for customers to protect their businesses.
Property insurance protects a company against accidental physical loss or damage to property arising from insured perils, such as fire, burglary and the breakdown of equipment. While, Keyman insurance protects business against the loss of its key employees.
New products from HSBC and Bao Viet will cover both properties and workforce. Picture: A woman prepares coal cake for ceramic production in Bat Trang village, Hanoi.
Keyman Insurance covers financial responsibilities incurred by the loss of selected key personnel.
"By working with our strategic insurance partner, Bao Viet, to offer tailored and fully comprehensive coverage, we are demonstrating our commitment to providing insurance services and products that fully support the increasing needs of our banking customers.”, said Mr. David Morton, deputy CEO - HSBC Vietnam.
HSBC Vietnam and Bao Viet Finance - Insurance Group became strategic partner since Sep, 2007 as HSBC bought in 10% of Bao Viet capital. The two partners started their Life and Non-life insurance services since January this year, including Marine Cargo insurance./.
Property insurance protects a company against accidental physical loss or damage to property arising from insured perils, such as fire, burglary and the breakdown of equipment. While, Keyman insurance protects business against the loss of its key employees.
New products from HSBC and Bao Viet will cover both properties and workforce. Picture: A woman prepares coal cake for ceramic production in Bat Trang village, Hanoi.
Keyman Insurance covers financial responsibilities incurred by the loss of selected key personnel.
"By working with our strategic insurance partner, Bao Viet, to offer tailored and fully comprehensive coverage, we are demonstrating our commitment to providing insurance services and products that fully support the increasing needs of our banking customers.”, said Mr. David Morton, deputy CEO - HSBC Vietnam.
HSBC Vietnam and Bao Viet Finance - Insurance Group became strategic partner since Sep, 2007 as HSBC bought in 10% of Bao Viet capital. The two partners started their Life and Non-life insurance services since January this year, including Marine Cargo insurance./.
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