BIC HomeCare is a Comprehensive Private Home Insurance product (in accordance with the BIC's Comprehensive Private House Insurance policy wording).
The Product is currently distributed at BIDV system nationwide.
Product information
- Insurance buyer: Individuals or organizations that enter into insurance contracts with BIC, sign the insurance claim form and pay the insurance premium.
- Insured property and types of insured houses:
- Insured subject: Building coverage and Contents coverage (customers choose to only participate in Building Coverage, to only participate in Contents coverage, or to join insurance for both).
- Types of residential houses insured (insurance only applies for the house that is constructed for the purpose of living and serving the daily needs of household, built of brick, stone and cement, and within the Vietnam territory):
- Apartment that has 5 floors or more.
- Semi-detached houses/villas with at least 4 meters wide access road or access to fire engines in case of fire or explosion incidents.
- Scope of covered risks:
- Fire, Direct lightning strike;
- Explosion;
- Typhoons, Storms, Floods;
- Breaking or spillage from water tanks, water storage facilities or water pipelines;
- Collided by road vehicles or cattle;
- Forcible thief and robbery;
- Site cleaning costs (limit: 5% of sum insured);
- Fire fighting costs (limit: 5% of sum insured);
- House rental expense after the event (limit 5% of sum insured and no longer than 30 days).
- Insurance period: as per customer's request, ranging from 01 year to 10 years.
- Sum insured:
- Sum insured ranging from VND 200,000,000 to VND 20,000,000,000
- Sum insured for Contents does not exceed 20% of the sum insured (maximum no more than VND 4 billion ).
- The sum insured does not include the value of land use rights.
Contact
Kindly contact BIDV's Premier Relationship Directors /BIDV's Premier Relationship Managers at BIDV‘s branches for support and more information.
(*) BIDV joints with BIDV Insurance Corporation (BIC) to provide the product to customers
