BIC partners with SOS to launch international traveler insurance.
BIDV Insurance Corporation (BIC) in partnership with International Assistance Company (SOS) are proud to announce its new international travel insurance. This new product provides Vietnamese or foreigners in Vietnam traveling abroad, confidence in knowing that no matter their reason for travel, they’ll be in secure hands. The product provides cover for business and training trips, conferences, and vacations. With four programs, customers can customize their cover based on the purpose of their journey.
The product includes personal insurance, overseas medical cover, loss or damage to belongings, lost or delayed luggage insurance, loss of travel documents, delayed, shortened trips or canceled flights, and personal liability insurance. The policy provides a total personal insurance coverage of US$50,000, and medical insurance when traveling overseas to a total of US$50,000 (Customers shall be paid the necessary treatment costs in a foreign country within 90 days of being discharged from hospital). Customers will also receive a US$25 compensation payment for every 12 hours delay due to bad weather, strikes, or technical transportation problems.
Through BIC’s partnership with the International Assistance Company (SOS), customers will be able to benefit from SOS services globally, including medical aid and travel support. Medical aid includes: emergency transportation, dead body transportation and funeral. Travel support includes: provision of travel and embassy information, and other issues relating to interpretation, laws, and health service providers.
Deputy General Director of BIC Mr Tran Trung Tinh, hailed the product on its launch, “We discovered that Vietnamese when traveling overseas for tours, training or business trips rarely think of insurance. Yet insurance is a key travel demand internationally. Natural disasters and epidemics are increasingly common, and this has sharpened awareness of the need for personal, and especially travel insurance. That’s why we’ve developed our international travel insurance package and we hope it brings peace of mind to our customers and their families, even if the worst happens. We also hope that this good value package will encourage Vietnamese to join the international trend for carefree travel.”