Sharing shield for all worries
Pays for Death, TPD and PPD benefits as well as Critical Illness as an optional rider add-on
|1a. Total permanent disability due to accident||100 mil||200 mil||300 mil|
|1b. Death payout||100 mil||200 mil||300 mil|
|1c. Partial permanent disability due to accident||Support expenses according to the % of sum insured||Support expenses according to the % of sum insured||Support expenses according to the % of sum insured|
|2. Serious illness||50 mil||100 mil||100 mil|
|Age||Value of main product||Premium fee of main product||Premium fee of supplemental product||Total premium fee|
|20 years old||200 mil||1,059,600||990,000||2,049,600|
|25 years old||100 mil||529,800||510,000||1,039,800|
|30 years old||200 mil||1,059,600||1,110,000||2,169,600|
|35 years old||100 mil||669,800||650,000||1,319,800|
1. People must be treated or prescribed medical treatment for 3 consecutive months or more within 3 years
2. People who are sick and has been assigned to hospital or surgery
3. People who have been hospitalized for 2 or more consecutive weeks due to any illness or accident that occurred in the past within 3 years
4. People who has lost or completely lost function of one or both eyes; one or both hands; one or both legs
5. People who have ever used any of the addictive drugs, stimulants, hallucinogenic drugs, or drugs outside the prescription of a doctor or competent authority.
6. People who has been denied or delayed accepting insurance when purchasing life insurance for any health reason
7. People who are HIV positive or have ever had AIDS
|T = 0||Accident: Death or Total permanent disability. Insurance takes effect immediately after the Insured pays the full premium.|
|T = 30||Death due to illness
Excludes blood pressure, cardiovascular disease, liver failure, respiratory failure, body failure, and malignant blood diseases.
|T = 1||Serious illness caused by an accident (Ex: Burns, ..)|
|T > 90||Serious illness caused by another cause|
Mr. D participates in Term Life insurance from January 25, 2020 Unfortunately, on April 27, 2020, Mr. D went to a doctor and was diagnosed with last stage of "metastatic cancer". At that time, Mr. D files for claim and request Bao Viet Life's support to compensate for the treatment costs.
How much will Bao Viet's life pay for Mr. D? Mr. D participates in the Platinum package - valued at 100 million
According to the terms of the insurance and the condition of Mr. D, the time for diagnosis and treatment of Mr. D has met the waiting time. Therefore:
+ If Mr. D is alive after 30 days from the date of diagnosis, Bao Viet will pay 100% of the sum insured for the serious medical benefit of 100 million VND, and stop the protection for the supplementary products. Main product benefits continue to be available
+ If Mr. D is no longer alive after 30 days from the date of diagnosis, he will not be paid compensation.