ACE Life to sell global accident insurance

ACE Life Insurance Co, Ltd (ACE) has been allowed to provide global accident insurance as its main product.

The product insures customers against accidents in Vietnam and other parts of the world. With the fee of 1.75 million dong per year the customer in the age of 17 to 60 could receive one billion dong of penalty The maximum price of product is two billion dong and minimum 250 million dong and the insurance lasts for one year which can be extend yearly.

ACE Life is an American Life Insurance Company, which has started operation in Vietnam in 2005. The company serves 150,000 customers in Vietnam. In first six months of this year, insurance revenue increased 140 percent year-on-year. – TBKTSG

Tags: accident insurance, ACE Life, Vietnam insurance, Vietnam insurance industry, Vietnam insurance market

Posted by VBN on Aug 11 2010. Filed under Insurance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry