BIC SafeWork

Financial support in the event of full-time job loss due to corporate bankruptcy or workforce reduction.

Advise me

1900 9456 - 024.22200282

Flexible scope of coverage

Diverse protection levels

Simple procedures

Fast claim settlement

Easy enrollment at BIDV transaction offices nationwide

Product information

- BIC SafeWork is a job loss allowance insurance solution for individual customers of BIDV. The product provides financial support in the event of full-time job loss due to corporate bankruptcy or workforce reduction, contributing to easing financial pressure and stabilizing life during the search for a new job.

- Note:

+ The product is provided by BIDV Insurance Corporation (BIC) to individual customers of BIDV.

+ The website only provides general information and basic contents of the product. Insurance benefits, scope of coverage, terms, conditions, and exclusions of insurance liability are specified in detail in the Insurance Contract / Certificate of Insurance issued by BIC.

- Individual customers of BIDV who are Vietnamese citizens.

- Aged from 18 to 58 years old for females and up to 60 years old for males at the inception date of the insurance period.

- Currently working under a definite-term labor contract of 01 year or more, or an indefinite-term labor contract.

01 year.

- Sum insured: Maximum of VND 20 million.

- Insurance benefits:

Insurance benefits	Compensation Amount
1. Job loss allowance in case of corporate bankruptcy	100% of the sum insured
2. Job loss allowance in case of mass workforce reduction	100% of the sum insured
3. Job loss allowance in case of workforce reduction (excluding mass workforce reduction)	30% of the sum insured

(*) Note:

+ The simultaneous payment of the above insurance benefits is not applicable.

+ Each insurance benefit is paid only once during the insurance period.

+ In all cases, the total amount paid by BIC for all insurance benefits shall not exceed the sum insured stated on the Insurance Contract / Certificate of Insurance.