FWD increases protection for customers with new product "FWD Corona Fight and Medicare"

FWD Vietnam Life Insurance Company Ltd. ("FWD Vietnam") today announced the launch of the new product "FWD Corona Fight and Medicare". The product is designed to protect customers during the current respiratory illness caused by Coronavirus ("COVID-19").

Besides the benefit of covering actual medical expenses of both inpatient and outpatient treatments including surgeries for all kinds of illnesses and accidents, customers who buy "FWD Corona Fight and Medicare" will also receive immediately VND 20 million if diagnosed with the Coronavirus, and up to VND 300 million in case of death due to this disease. In addition, FWD also removes a 30-day waiting period relating to respiratory treatment caused by the Coronavirus.

"FWD Corona Fight and Medicare" is simple, easy to understand and can be purchased online on Tiki and iFWD in 5 minutes. In addition, the policies are underwritten and issued automatically within 24 hours (excluding Saturday and Sunday) to provide timely and prompt protection to customers. "FWD Corona Fight and Medicare" also meets the varying needs of customers by offering different options of annual claim limits of 50 million, 100 million and 150 million Dongs with the premium of only a few thousand Dongs/day.

Mr. Huynh Huu Khang, CEO of FWD Vietnam said: "At FWD, we have a customer-led approach to insurance, focusing on simple and easy-to-understand products that help change the way people feel about insurance.  This means that we keep our customers’ evolving needs in mind when we create and develop new products. While the situation of the Coronavirus disease is still unclear, it is extremely important to actively protect ourselves and our family members. I’m confident that with the protection benefits offered by "FWD Corona Fight and Medicare" and the special customer care policies that FWD is applying, our customers will always feel secure and protected now and in the future."

About FWD Vietnam

FWD Vietnam was established in 2016 and is a member of FWD Group, a leading Asian-pan life insurer. With the priority strategy on digital development, FWD Vietnam is a differentiated insurance company, with a solid foundation based on its own strengths: breakthrough products; high-quality distribution channels; digitized business processes and differentiate branding strategies.

FWD Vietnam is consistently recognized as one of the fastest-growing life insurance companies in the market.

For more information please visit www.fwd.com.vn

For further information or enquiries regarding the above notification, please contact:

Mr. Nguyễn Ngọc Thụy

Phone: 028.62563688

Email: ngocthuy.nguyen@fwd.com