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April 14th, 2018 in Hanoi


Press Release

Persist in Long-term and Sustainable Development,
Fubon Life Vietnam won “Golden Dragon Award” for 6 Times Successively

      On April 14th, 2018 in Hanoi, Fubon Life Vietnam has won "Gold Dragon Award" for the sixth time after overcoming more than 2,000 enterprises, thanks to its achievements in “Professional and Reliable Service”. The objective voting result from consumers and hard-handed evaluation from experts not only affirmed Fubon Life Vietnam’ commitment in long-term and sustainable development in Vietnam but also reflected the society’s belief in Fubon Life Vietnam to become financial security fulcrum for Vietnamese families.

      

      Established in 2000, the “Golden Dragon Award”, presented by the Vietnam Economic Time to foreign investment enterprises with outstanding contribution to Vietnam economy, has gained most significant publicity. In 2018, of over 2,000 enterprises taking part in the award, only 64 won an award. With its achievement in  the “Long term and sustainable development strategy”, Fubon Life Vietnam was given an award and commended as “Professional and  Reliable Insurer ”.

      Mr. Rick Chiang, General Director of Fubon Life Vietnam said that, commitment to the "Long-term and sustainable development strategy", Fubon Life Vietnam is highly evaluated by experts and community on the criteria of Strong financial resource, Product for whole family, and Corporate responsibility to the society.

      Strong financial resource is a top priority that customers consider to choose a life insurance company. Fubon Life Vietnam was highly valued by its chartered capital has been increased twice in just 3 years, bringing its total investment capital to 1,400 billion VND, resulting in become one of “TOP10” largest capital life insurers in Vietnam. With this financial resource base, Fubon Life Vietnam has affirmed its financial strength, ready to face all fluctuations, ensure financial security commitments for customers and build up multiple sales channels to let more people nationwide can assess and benefit from life insurance products.

      Strong financial resource is also the foundation for the diversifying of Sales Channel of Fubon Life Vietnam in 2017. As well as the sustainable development of the General Agent channel, Fubon Life Vietnam’s Corporate Sales Channel has brilliant success, resulted not only in bringing about many benefits for employees in enterprises but also help enterprises to reward excellent staff and build stable human resource policy. Together with the breakthroughs of the Corporate Sales Channel, many insurance brokers have carefully and demandingly evaluated Fubon Life Vietnam's long-term sustainable development strategy as well as its financial strength to decide to cooperate in providing life insurance products, so that more and more customers nationwide can assess to life insurance products through a widespread, comprehensive service network.

      

      With the mission of protecting financial security of families against unforeseeable risks of life, Fubon Life Vietnam actively research and provide consumers life insurance product which let the whole family is protected in a big life insurance policy.

      In the situation of Vietnam is ranked in the group No. 2 of top nations having number of people die of cancers in the World Cancer Map by The World Health Organization (WHO), About 115,000 people die each year of cancers. Every day, 315 Vietnamese people die of cancers in average. And according to the statistics of the health sector, Vietnam has more than 200,000 people suffering from strokes every year. More than 50% of them die, 90% of stroke survivors have to live with brain damage of nerve and movement systems, and their daily life need other people taking care of(VNExpress, April 2017). 

      However, the cost of treating critical illnesses or cancer is very huge, often exceeding the financial capacity of many families. Understanding the concerns of the family breadwinner against critical illness and cancer, Fubon Life Vietnam launched the protection solution with break-through funtions "Phuc Bao Critical Illness Rider" insurance products, providing the whole family a strong, multi-layers, simultaneously operating protection to strengthen the benefits in case family members suffering from critical illnesses and cancers. Compared to the same insurance products available on the market, this new product has three outstanding characteristics:

      First: The break-through coverage up to 100 kinds of critical illnesses, especially for cancer;

      Second: Providing protection to the whole family with Sum Assued up to 2 billion VND/person with reasonable premium;Third: Insurance benefits is paid at the early stage of critical illnesses and cancer.

      Not to stop there, to create multiple layers of protection for the whole family, Fubon Life Vietnam offers Hospital and Surgery Rider that provides Hospitalization and Surgery financial support for whole family members only in 1 policy with the insured are parents. With a five-layered structure of health protection benefits, this product enhance support for customers in five key types of hospital expenses, including,

      Benefit 1: up to 120 days of hospital cost; Benefit 2: up to 30 days of treatment in an intensive care unit; Benefit 3: surgical benefit payments up to 500% of the total sum insured, unlimited surgery; Benefit 4: home care costs up to 120 days and Benefit 5: ambulance costs.

      Making the most effort in protecting the family's financial security, Fubon Life Vietnam is more active in social charity work to conduct corporate responsibility to the society. Since its early establishment in 2010, Fubon Life Vietnam had implemented the scholarship program "For the talents of Vietnam Insurance". Of Millions VND scholarships had been awarded to students who have excellent academic achievements in the insurance industry of four universities. In addition, many gift giving programs for students from disadvantaged families with excellent academic achievements are being conducted in many provinces across the country. The scholarship and gifts program nation-wide have honored and encouraged young people to rise to contribute to the national development. Fubon Life Vietnam's "Love Porridge" program has brought more than 10,000 set of porridge for poor family patients in the North and South of Vietnam to express Fubon Life Vietnam social charity responsibility.

      Strong commitment to the long-term and sustainable development in Vietnam

   Mr. Rick Chiang, General Director of Fubon Life Vietnam said that, persisting in the "Long-term sustainable development strategy", after only seven years of operation in Vietnam, Fubon Life Vietnam has been recognized as one of “TOP10 Trusted Life Insurer” in 2017, “TOP10 Largest Investment Capital Life Insurer”, has built up a sales force of over 1000 professional agents, a network of General Offices in three parts of the country, provides thousands of family with financial protection services which whole family is in only one policy. Six consecutive years having been honored to receive the Golden Dragon Award is a demonstration of the belief and support of the community toward Fubon Life Vietnam's sustainable development strategy. All employees and agents of Fubon Life Vietnam will continue to strike to provide access to insurance to a broader population so that more Vietnamese people can have financial security and benefit from the life insurance industry.

 

      Information of Fubon Life Vietnam:

      Fubon Life Insurance Company, a subsidiary of Fubon Financial has established Fubon Life Vietnam in December 15th, 2010 according to the Certificate of Establishment and Cooperation number 60GP/KDBH, issued by Minister of Finance. With the business philosophy of “Integrity, Friendly, Professional, and Creative”, Fubon Life Vietnam will continue the tradition of Fubon Financial, to provide full ranged professional, high quality and complete service to customer.

      In terms of corporate social responsibility, Fubon Life Vietnam has actively participated in social charity. Activities include assisting families, caring for children and handling educational gifts are Fubon Life Vietnam has started and will carry out in the long term.

      Fubon Life Insurance - The parent company of the Fubon Life Vietnam, with the experience, the financial potential and credibility in the market, the premium revenue ranked at the second position in Taiwan has invested in Vietnam with the desire to provide comprehensive and professional financial security service to Vietnamese customers. Fubon Financial Holdings was established in 2001 is the second largest financial group in Taiwan stock market. The Fubon Financial Holdings has total assets reached 196.5 billion US dollars with the number of employees over 31,000 people and continually raises strongly to serve over ten million customers worldwide.


Fubon Life Vietnam
Add:     22Floor, Charmvit building, No 117, Tran Duy Hung Street, Hanoi
Spokesperson:    Mr. Rick Chiang - General Director
Contact person:   
   
Pham Thi Huyen
Public Relation Function               Tel: 024-62827888 # 16246

For details please contact us:
Hot line: 024-62827887
Website: http://www.fubonlife.com.vn