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Sharing risks with the community

TQO - Participating in life insurance is a voluntary activity with humanistic meaning, helping everyone share risks with the community. Insurance business activities are specified by law under the Law on Insurance Business.

Currently, there are many companies participating in insurance activities in Tuyen Quang province such as Bao Viet, Prudential, AIA, Dai-ichi, etc.

Participating in life insurance is a solution to ensure financial security against risks leading to death or total permanent disability. Insurance participants also have the opportunity to access modern medical services and the best health care conditions. There is also life insurance to enjoy pensions in old age or to invest in children's education.

With each premium, the contributor will be contributed to the financial reserve fund of the life insurance company. When there is a risk to one or a few people, they will be compensated by the amount extracted from this financial reserve. Thus, participating in life insurance means contributing to compensating for the loss of other unlucky people in life.

Duc Anh

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