BIC paid compensation to deposit customer of BIDV
April 22, 2015, BIDV Insurance Corporation (BIC) had paid 16 million VND of compensation to the family of customer Le Duy Phuong under the conditions of the insurance product named An Sinh Toan Dien.
Mr Le Duy Phuong had opened a deposit account under the program Tich Luy Bao An Savings at BIDV Quang Tri, and as a gift, he was covered for free with the insurance product An Sinh Toan Dien started on January 22, 2014. On January 24, 2015, while driving, Mr Phuong was unfortunately involved in a traffic accident and passed away afterwards. Under the assistance and coordination of BIDV/BIC, the customer’s family had completed necessary procedures to receive insurance claim in accordance with the regulations. Under the conditions of the An Sinh Toan Dien Product, the amount of money the customer’s family shall receive is equal to the cumulative balance at BIDV as of the time when he was involved in an accident.
BIC An Sinh Toan Dien is a personal insurance product integrated in Cumulative deposit programs of BIDV, including: Tich Luy Bao An Savings, Tich Luy Huu Tri Savings and Tich Luy Tre Em Savings. When customers open cumulative periodic deposit accounts at BIDV, they will be rewarded with BIC An Sinh Toan Dien. In case the customer was unfortunately involved in unforeseeable risks/accidents, they shall receive an amount of money twice as much as their deposit, including the interests as of the date the accident happens.