Comprehensive Critical Illness Insurance

Today, with the advancements of the world medical industry, serious illnesses can be detected early in a mild form, giving patients a chance to be treated successfully and increase their ability to recover. .

When suffering from Critical Illness, it is most important to ensure the financial resources necessary to pursue long-term treatment with the most advanced methods to provide the opportunity for rapid recovery. At the same time, it is necessary to ensure that patients can be assured of treatment, not worrying about lost income sources, affecting their good future plans for themselves and their families.

Comprehensive Critical Illness Insurance will help customers overcome all difficulties and more peace of mind against risks Critical Illness with the best benefits.

  • Protects up to 88 critical illnesses
  • Protection of Critical Illness at various stages
  • The maximum benefit can be up to 200% of the Sum Assured
  • Provides long-term protection benefits

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Insurance benefit Critical illness: The amount depends on the sum insured, depending on the insurance company. The sum assured of Comprehensive Critical Illness Insurance if the Insured Person is diagnosed with one of 35 Minor Critical Illnesses specified in the Product Terms and Conditions. This benefit will be paid for two Critical Illnesses belonging to different disease groups.

Critical Illness Critical Illness: Ordinary insurance companies will pay 100% of the Sum Assured Insurance premium if the Insured Person is diagnosed with one of 53 Critical Illnesses severely poor in accordance with the Product Rules and Terms. As soon as the Critical Illness benefit has been paid, this additional insurance product will cease to be effective.

Conditions for participation in comprehensive advanced disease insurance

  • The insured age: 01 – 60 years old
  • Contract term: 05 – 25 years
  • Maximum age at the end of contract: 70 years old

Important things you need to know when buying travel insurance

For most of us, buying travel insurance is often not in the planning when preparing for vacation. But did you know that it is one of the prerequisites for a perfect trip? Here are 5 things you need to know when deciding to buy travel insurance.

1. Not all insurance packages are the same

While people often see the cost as a basis for comparison when researching insurance, choosing the cheapest insurance package is not recommended. Depending on the value of the policy, the insurance package will offer benefits, limited case compensation, as well as different amount of compensation. Therefore, you need to carefully consider the following factors when buying travel insurance to have a choice that is both suitable for your budget and ensure your travel needs.

Trip type: If you are planning an adventure, keep in mind that many insurance policies do not cover adventure sports such as boating, waterfall or climbing. Therefore, you need to make sure that the above activities are mentioned in your insurance policy.

Trip destinations: Locations that are identified as “high risk” will usually not be covered. In that case, if you are still intending to visit these areas, you should opt for an insurance package with a compensation clause in the event of a chemical, nuclear or biological attack.

Personal health: Many people often don’t think about the possibility of having conditions such as asthma or eczema when they plan their vacation. To avoid costly expenses, if you encounter one of these conditions, choose an insurance plan that agrees to cover outside medical care.

Trip length: Some contracts only provide coverage up to a maximum of 120 days for each trip. So, if you decide to go longer than usual, an unlimited time insurance policy will be your optimal choice.

2. Buy travel insurance early if possible

Although no one wants to think about this, a lot of unforeseen risks can happen even before your trip has started. That’s why buying travel insurance early will be a wise move.

Flight delays, plans to be delayed indefinitely or even completely canceled are very common cases. However, if you already have a good insurance plan available, you can rest assured that your pre-trip expenses will be fully refunded.

Never wait until the day to go (or worse after you’ve arrived) to buy insurance. At that time, the cost is not only higher and the procedure will be more inconvenient, but you also have to accept the risk that that travel insurance package will not protect the entire trip. Therefore, there will be no harm when you prepare yourself a suitable travel insurance package early.

3. Select the annual or separate insurance package for each trip?

At first glance, it seems that buying insurance for each trip will be more reasonable, as most families only take one vacation a year. However, the arrival of low-cost airlines has made travel easier and more frequent than ever.

If you plan to travel more than three times a year, consider buying an Annual Travel Insurance Package, even if your destination is just anywhere near Laos or Cambodia.

Buying annual insurance is not only more convenient (because you don’t have to buy many different packages), but it’s also more affordable for your pocket. The Annual Travel Insurance package usually provides more comprehensive protection not only for you but also for those traveling with you. Therefore, do not miss this worthwhile option of rice bowl if you have not studied thoroughly about the travel insurance!

4. Credibility of the Insurance Company is very important

Choosing the right insurance company that you can trust is even more important than choosing the right insurance plan. This may not be obvious from the outset, but when you need compensation, you want a company that has 24/7 global support, responds well to situations, and handles Compensation quickly, simply and conveniently.

5. Travel insurance is not a substitute for health insurance

While travel insurance has an unforeseen accident or illness claim, it does not mean that travel insurance is a substitute for comprehensive health insurance, because only New health insurance is able to support the maximum cost of domestic medical examination and treatment.

If you’re looking for more comprehensive vacation packages, choose those that offer emergency medical rescue services. The extra cost for these services can range from a few hundred to a few thousand dollars, depending on where you are going, but it’s also an additional solution for your peace of mind on each trip.


Insurance for studying in Netherlands and what you need to know

The Netherlands is a very rich country culturally and is home to the world’s leading educational program. Because of that, the need to study in the Netherlands is increasing. And to be eligible for a student visa, you need to make sure you have Dutch study abroad insurance!

When studying abroad in any country, you need to be equipped with a lot of things to be able to adapt and handle in time unexpected events that may occur that no one can anticipate. In developing countries, young people are increasingly inclined to choose the Netherlands to start their studies because there is a quality education that is qualified and suitable for international students. as well as making it easier to apply for scholarships. And to take the journey to the Netherlands in the most convenient way, you need to have insurance to study in the Netherlands.

Why should you choose Netherlands to study abroad?

The Netherlands is known as a country with a long tradition of business, the birthplace of famous scientists, progressive leaders in continental Europe. In addition, the Netherlands is also famous for its achievements in many fields, rich life and a multicultural environment creating unlimited learning opportunities.

In particular, the quality of education in the Netherlands ensures the world’s top quality with a curriculum entirely in English and always has attractive scholarships for fairly good students. In addition, when studying in the Netherlands, the degree issued by an international certificate, the tuition and living costs are not too high and above all, after the course, the students will stay in the real world. Practice and work within a year to get the best practical rubbing.

Those are the reasons for the young people to have the highest motivation and choose to study in the Netherlands.

The role and meaning of the study abroad insurance Netherlands

– Insurance for studying abroad in general and Dutch study abroad in particular is a compulsory insurance for international students when applying for a student visa.

– This is an international insurance to support international students in medical, logistics and finance in case of emergency related to illness, property … And its term will end when you finish. my course abroad.

– Overseas student insurance is compulsory by the government of the countries you want to study abroad to ensure the rights of international students in the event of an unexpected incident.

– If there is no insurance to study abroad, then surely someone will protect and support you so the Netherlands study insurance will create the best conditions for international students in the process of studying, living and work in this country.

Experience when studying in the Netherlands

When studying abroad in the Netherlands, you should note the following:

– Shopbaohiem.vn recommends that you join the Overseas Study Insurance of Bao Viet Insurance, the leading reputable unit in study abroad and travel insurance, so it is easily accepted by the Embassy for Visa issuance. In addition, with the appropriate insurance price, in return, you will enjoy many benefits such as high insurance benefits, 24/7 support and SOS support services worldwide.

– You need to buy EU or private health insurance to get the best deals from reputable insurance companies in the Netherlands.

– You need to register your permanent residence so that you can easily work in traffic cards, bank accounts or other services.

– You should leave a few important phone numbers to be able to contact in emergencies and get the most effective assistance for you.

– Should fully prepare personal tools and learning tools before going to study abroad to best meet the living and studying.

– You should attend introduction events in the Netherlands to have the opportunity to interact and meet with other students in the school, creating an open, friendly and sociable living environment.

– Should learn some basic sentences in this country to create dynamism and practice good skills in the Dutch language.

Above is the basic information about study abroad insurance in the Netherlands as well as a few small experiences to help you better understand the importance of studying abroad and have compelling practical experiences on arrival. with the Netherlands.


Important notes when buying life insurance

Before signing a contract to buy life insurance, customers should pay attention to select the appropriate type of life insurance and carefully research information from counselors.

1. Choose the form of life insurance that best suits your needs

Determining your needs, goals and abilities is absolutely essential before choosing to buy life insurance. These issues are made easier by a team of insurance advisors with in-depth knowledge and professional consulting skills, which will help you understand the problem and easily identify the item. purpose of using life insurance itself.

This is very important because if you do not choose the right type of insurance or do not carefully read the terms of the contract, then when the insurance event occurs, you may not be able to receive compensation compared to the period. original expectations.

2. Pay the insurance premium within the contractual term

A valid insurance policy will be maintained based on the premiums that the insured person accumulates periodically. The case of active insurance participants pay dues on time will help the terms of the contract are always guaranteed in accordance with the previously promised benefits. Where the premium is not paid on time, it will affect the validity of the contract.

Currently, in order to create the most favorable conditions for customers, insurance companies have assisted by creating various payment channels through automatic transfer, information portal for customers, and links. payment via banks, support and customer care centers, paying through agent channels and especially online payment. All have created a diverse picture and increasingly create confidence for people participating in life insurance.

3. Financial considerations to select the appropriate life insurance package

Participation in life insurance is voluntary through the agreement of customers and life insurance companies, but customers need to pay attention to their financial capacity before participating. Typically, taking life insurance will be within 10-15% of your income. This is a long-term plan and when you join you will accompany the company on the terms of a 10-15 year contract. For this reason, you should consider your finances carefully to avoid unnecessary obstacles that make it difficult for both parties in the life insurance policy.

4. What happens when a life insurer cancels a policy?

With each canceled life insurance policy, the life insured will be disadvantaged by losing the paid premium and at the same time losing the protected benefits from the policy. Specifically, in the first two years of participation, the contracts will be almost non-refundable, this is one of the common terms expressed in the contract and will be carefully consulted before the customer. join life insurance. For those cases, in the process of joining a contract, customers who encounter economic difficulties that lead to payment of fees are prevented, they will have a choice:
– Proposal to reduce the sum insured
– Offer to extend and reinstate the contract after a certain period of time.

Participating in life insurance is necessary and will bring protection benefits for you and your family. For these reasons, you should consider and research the necessary terms before participating in this type of insurance.


Conditions for making bank credit cards

Everyone wants to own one of their credit cards for the sake of convenience in trade and financial control. However, not everyone can make a credit card. So, what are the conditions for making a credit card?

Nature of credit card

The essence of a credit card is the bank’s lending instrument and the most preferential lending tool. And of course, with any form of lending, the bank also requires the borrower to prove its financial ability and ability to repay.

There are two types of credit cards: unsecured credit cards and mortgage credit cards.

An unsecured credit card means a person who only needs to prove his or her finances through monthly income.

A mortgage credit card means that the cardholder must prove that the asset is secured (for example, a passbook, certificates of deposit or other relevant and approved bank statements). But now many people choose to make a mortgage credit card because the application is simpler and the procedure is faster than a mortgage credit card.

When making a credit card, the bank will require employees to have a payroll transfer. Because of this, the bank will know how long the person is at the company? What is the basic salary and how do you withdraw it? … these are special concerns of the bank.

Credit card conditions

As mentioned above, not everyone can make a credit card, so below we will introduce to you the conditions for making a credit card for our reference.

Credit card holders must be at least 18 years old and have a stable income of 3 months or more at agencies or companies. Making a credit card must be through proof of income, be it a savings book, valuable papers like real estate documents, accepted by the bank.
The bank will require customers to have a bank transfer. The reason for printing your statement is so that the bank will know how many months you have worked there and how much your salary is? These are things that banks are extremely interested in.

Look at the banks around your area. Because when you’re near a bank, it’s easier to verify your permanent address, your temporary residence or personal supervision. Therefore, if you open the card at the local bank, that is your advantage.

However, depending on the bank, there are different conditions for making a credit card.


Rules to remember when using a credit card

When making online payment, you only need to enter the information printed on the card with the CSC number – card security code to be able to make the payment. If the cardholder shares this confidential information with many people, the risk of personal information theft is very high.

Credit cards do not require a PIN when making transactions at the checkout. This is convenient and easy for cardholders but it is very risky if it is lost. So, when you lose your credit card, you should call the bank to request a card lock, avoiding the unfortunate risks.

Using a credit card means borrowing

Unlike a Debit card or ATM, the amount used to pay is actually the amount you are borrowing from the bank with 0% interest rate (for 45 days interest free). By the time of payment, you still have to repay all the money “temporarily borrowed”. If the cardholder has not been able to pay the entire outstanding loan to the bank on the payment date, the bank will start charging a fairly high interest rate (about 26% to 31%) based on the current outstanding balance on the credit card. Therefore, when making transactions using credit cards, you should consider your ability to repay your debt at the end of the month, avoiding the risk of falling into debt.

Pay attention when giving the card to the cashier

Many credit cardholders when shopping at restaurants, shopping centers often give their cards to the cashier so that they can make payment and never pay attention to the card. This habit can put the cardholder at a high risk of personal information theft if the employee accidentally captures confidential information printed on the card.

Therefore, when giving the card to the waiter or cashier to swipe the payment card, you should pay attention to direct supervision of the employee swipe process, and carefully check the information on the printed paper slip.

Pay attention to the time of payment

Depending on the credibility of customers, the bank will issue different credit limits. Credit cardholders will receive a 45-day interest free “provisional” loan. After this period, if the cardholder is late in payment or only pays the minimum amount, the bank will start charging interest on the total closing balance of the statement as well as collecting late payment penalty. Therefore, credit cardholders should have plans to control spending, ability to pay on time to enjoy preferential interest rates, limit the fees incurred.

Do not use credit cards like ATM cards

Banks do not recommend using credit cards to withdraw cash like ATM cards. Therefore, if you use a credit card to withdraw cash, you will incur a fairly high fee (usually 1% – 4% of the amount withdrawn). Therefore, cash withdrawals should only be made with credit cards when absolutely necessary.

If used smartly and properly, credit cards are a very useful means of payment, preventing many risks when paying with cash. On the contrary, if used without control, it is easy for credit cardholders to fall into the debt spiral. Therefore, when using a credit card, cardholders need to master the important principles as well as balance loan needs with the ability to repay.


How to use a credit card

Credit card is a type of card that allows the cardholder to borrow money from the bank with a credit limit allowed to make payments. As long as the credit card holder pays within the specified time (usually 45 days), there will be no additional charges for the card. If after this time, the bank will calculate interest based on the amount the credit cardholder spent on the bank.

Benefits and disadvantages of credit cards

Benefits of credit cards

  • You can easily make large value purchases and repay small amounts
  • Credit card statements make it easier to draft your budget
  • Safe and convenient when you do not need to bring cash
  • Building credit scores, very useful when you make loan transactions with the bank later

Disadvantages of credit cards

  • Debt is easy if you are not careful with spending
  • The convenience of credit cards can cause cardholders to consume excess
  • Interest rates can cause small debt packages to grow larger over time
  • Many risks arise when disclosing personal information on the card

Things to consider when opening a credit card

If you use a credit card to pay for all purchases, you should look for a card with a large credit line and many offers. In case you only use your card for emergencies, a basic card with a low interest rate and fee will suit your needs.

Interest rate

The interest rate on credit card debt can be fixed or floating according to the market, depending on the regulations of the card issuing bank. Interest rates for each bank are different. Credit card payment transactions will be charged after 30-45 days depending on the regulations of each bank.

Fees and penalties

Currently, credit card users pay a variety of fees in accordance with the regulations of banks and financial institutions. So, before choosing to open a credit card, you need to consider the fee schedule of many banks to choose a card that has a reasonable fee, affordable.

  • Card issuing fee
  • Annual fees
  • Cash withdrawal fee
  • Late payment fee
  • Fees exceeding the credit limit
  • Currency conversion fee

Promotion programs for cardholders

Most credit cards today come with attractive perks from brands affiliated with the card issuing bank. When making purchases or using the service, cardholders may be entitled to additional special promotions. Depending on the bank, there will be different incentive programs. So, you should choose a credit card with flexible incentive programs, really useful to you.

Card issuing process

– Customers wishing to open a credit card will come to the bank to fill out the card opening request form and provide proof of income as prescribed by the bank.

– When the bank receives complete documents, it will conduct appraisal, check the accuracy of the documents that the customer provides as well as the customer’s ability to repay debts.

– If the customer profile has met all conditions, the bank will conduct a classification to grant a credit limit.

– Before handing over the card, the bank will proceed to enter customer information data into the management system, encrypt this information on the card, and require the cardholder to sign and sign a sample signature at the bank.

– After receiving the card, customers need to keep personal information on the card and CSC (Card Security Code). If there is a risk arising from the customer disclosing information, the customer is solely responsible.

Normally, the time from the time the customer submits the card application to the time of receiving the card is from 5 to 7 working days.

Credit card payment date

Credit cardholders have 45 days of interest free, interest free (subject to bank regulations). Over this period, if you do not pay off your credit card balance, the bank will start charging interest based on the total closing balance.

On the monthly statement date, the bank will send you a statement of transactions for the month via the email address you have registered with the bank. After that, you have an additional 15 days to pay off your outstanding balance.

How to pay credit card balance

By the day of payment, the credit card holder may pay the whole outstanding balance at the end of the period or at least pay in the following forms:

Automatic payment: you can register with the service bank to automatically withdraw money from payment account to pay credit card debt balance (minimum payment amount or full debit). This is a simple and fast way to pay, ensuring that cardholders pay their debts on time. However, you need to maintain the balance in the payment account equal or more than the balance in the statement before the payment is due.

Cash payment: cardholders can go to the counter of the issuing bank to deposit cash to pay the credit card debt. In addition, some current ATMs of the bank have added the function of direct cash payment, cardholders can pay credit debt via ATM.

Transfer: Cardholders can transfer by Internet Banking or select the function of credit card debt payment at ATMs (depending on whether the ATM of the issuing bank supports this function).

Payment from other banks: you can transfer from another bank to the credit card account of the card issuing bank to pay the outstanding credit.

Note: When using credit card payment method (cash deposit or bank transfer), if payment is made before 17:00 on working days, payment will be recorded on that day. If the payment is made after 17:00 on working days or on holidays, the payment of credit balance will be recorded by the bank on the next working day.