LVI and BIC have a co-operation to sell motor insurance in transit between Laos and Vietnam
Accordingly, LVI will be deployed to provide Civil Liability Insurance under Vietnamese wording and tariff for Laos vehicles in transit to Vietnam with BIC Certificate. On the contrary, BIC will sell Civil Liability Insurance under Laos wording and tariff for Vietnamese vehicles in transit to Laos with LVI Certificate.
With a network agent covering most of the country, LVI will carry out sales of insurance for vehicles from Lao to Vietnam. Two BIC branches, BIC Nghe An and BIC Da Nang, will be representation of BIC to sell Civil Liability Insurance for cars from Vietnam via Laos at the Cau Treo and Lao Bao border gate. Co-operation program to sell car insurance for transit between Laos and Vietnam to help the drivers and vehicle owners exit in convenience, and actively manage risk within the scope of insurance while participating in international transport. LVI is the first Laos insurance company to cooperate with an insurance company in Vietnam to carry out this.