HCM CITY — Shinhan Life Insurance Vietnam Limited Liability Company (Shinhan Life Vietnam) on Tuesday officially launched 'Shinhan – Sống Khỏe', its standalone term product, together with a suite of riders, including S-Plus – Accidental Death or Dismemberment Rider, S-Plus – Popular Critical Illness Rider, and S-Plus – Hospital Income Rider.

This combination forms a multi-layered protection ecosystem, helping customers proactively build financial contingency plans against unexpected health and life risks at an optimal cost.

Providing a 100 per cent payout of the sum assured in the event of the insured’s death, 'Shinhan – Sống Khỏe' serves as a reliable financial 'safety net' for breadwinners and their families. In addition to its practical protection benefits, the product’s affordable premium makes professional financial protection more accessible, enabling customers to safeguard their own and their families’ financial well-being.

The products help customers proactively build financial contingency plans against unexpected health and life risks at an optimal cost.

Recognising that each customer has different health concerns, Shinhan Life Vietnam has designed the S-Plus rider package to address today’s most common risks, allowing customers to 'tailor-make' insurance plans aligned with their specific needs and financial capacity.

The S-Plus – Accidental Death or Dismemberment Rider protects customers against unforeseen accidents that may affect their health or lives. Benefits are flexibly structured according to the severity of injury, from burns, fractures and internal organ injuries to total loss or paralysis of body parts, and provide up to 300 per cent of the sum assured in the event of accidental death.

The S-Plus – Popular Critical Illness Rider provides financial peace of mind against serious conditions such as late-stage cancer, myocardial infarction, or stroke. Upon confirmed diagnosis by a qualified medical facility, customers receive a lump-sum payment equal to 100 per cent of the sum assured, enabling them to focus on treatment and recovery while easing financial pressure.

All the while, the S-Plus – Hospital Income Rider accompanies customers by alleviating concerns over inpatient hospitalisation expenses. The product provides daily hospital cash benefits for up to 1,000 days throughout the policy term (including renewal periods) and doubles the benefit when the insured receives treatment in an Intensive Care Unit.

Mr Bae Seung Jun, General Director of Shinhan Life Vietnam, stated: "We aim to deliver truly essential insurance solutions, where customers pay a reasonable price formaximum protection. ‘Shinhan – Sống Khoẻ’ and the S-Plus rider package represent our commitment to standing alongside customers, sharing risks, and give them the confidence to enjoy life".

The launch of 'Shinhan – Sống Khỏe' and the S-Plus rider package reaffirm Shinhan Life Vietnam’s strategy of prioritising protection-focused product lines, emphasising transparency, clear benefits, and solutions that address customers’ real protection needs. — VNS