From August 22 to November 30, 2024, corporate clients participating in at least 4 life insurance contracts for their employees will be refunded up to 15% of the total first-year premium, with a maximum of VND 20 million. Customers purchasing cancer insurance contracts (K-Care) through the Sacombank Pay app will receive a 10% refund and up to 15% if they also sign up for the premium auto-debit service. (K-Care is designed for customers aged 18 to 60, offering superior benefits during and after cancer treatment, along with coverage of up to VND 500 million.)
From September 4 to November 30, 2024, individual customers purchasing life insurance contracts with a minimum first-year premium of VND 15 million will receive a cash gift ranging from VND 300,000 to VND 500,000, plus a 24K SBJ gold bar if they have term deposits of at least VND 50 million at Sacombank.
From now until the end of 2024, existing life insurance customers (either the policyholder or the insured of a contract issued before August 22, 2024) who successfully refer their friends and family to purchase their first insurance contract at Sacombank with a minimum first-year premium of VND 15 million will receive a gift worth 5% of this premium (up to VND 5 million per contract). During this period, customers paying the second-year premium of 2 insurance contracts and registering for installment payments at Sacombank transaction points will be refunded 100% of the installment conversion fee.
Sacombank and Dai-ichi Life Vietnam have been exclusive partners in bancassurance since September 6, 2017. After 7 years of collaboration, the two companies are now taking care of the financial plans of more than 570,000 families, with a second-year contract maintenance rate of 54.8% – a testament to the quality of their initial consulting and post-sales customer service. To date, Sacombank and Dai-ichi Life Vietnam have paid insurance benefits to over 21,600 customers, totaling more than VND 654 billion. Throughout their partnership, the two companies have continuously innovated and adopted new technology trends to optimize customer experience, enhance governance, and promote sustainable development.
Sacombank maintains steady growth, ready to utilize internal resources to complete restructuring plan.
Sacombank has recently announced its financial results for Q4/2023. The bank has successfully achieved key business targets set by the Shareholders’ Meeting, with a pre-tax profit growth of 9,595 billion VND, a 51% increase compared to 2022, surpassing the year’s initial plans. What’s remarkable is that Sacombank has fully provisioned for the unrecovered VAMC debt, demonstrating its commitment to completing the restructuring plan in a timely manner.