Keyman Insurance

Nearly every business insures tangible assets such as company cars, offices, warehouses and equipment to mitigate any potential financial losses. However, not all companies cover their most valuable asset – key company executives.

The importance of safeguarding the ability of any business to continue to turn a profit and fulfil financial obligations, namely loans and expenses, is obvious. However, some companies overlook the serious financial implications posed by the loss of key executives, either temporarily through accident or sickness, or tragically through untimely death. While hindering the day-to-day operations of the business, the loss of key personnel can also incur grave financial losses and possibly even threaten the survival of the company.

• Death Benefit
  Death benefit equal sum insured shall be payable if the keyman dies while the policy is in effect.
• Total and Permanent Disability Benefit
  The sum insured shall be payable if the keyman suffers Total & Permanent Disability due to the accident.

• Accidental Dismemberment Insurance
  If the keyman becomes partially or permanently disabled due to accident, a percentage of the sum insured will be paid for the reimbursement of the treatment cost.
• Surgical Expenses Insurance
  If the keyman requires an operation for the treatment of sickness/disease and/or injury, a percentage of the amount insured will be paid as stipulated in the "Table of Rate of Payment".
  
  This operation should be performed by an appropriately licenced Medical Practitioner/Doctor in a registered hospital capable of providing operation, post-surgical care and in-patient services.
• Accidental Death and Total Permanent Disability Insurance
  The sum insured will be paid should the keyman suffer total and permanent disability or death due to accident during the insurance period.

• Our solutions not only provide comprehensive protection but also a high degree of flexibility with a choice of policy terms and coverage levels to suit your business needs.
  - Choice of policy term of 1, 2, 3, 4, 5, 10 or 15 years of protection periods
  - Wide protection coverage
  - Fixed and unchanged premium from the beginning of the plan
  - Single premium available for all protection periods
  
• All you need to do is to:
  - Identify the key executives in your business
  - Work out an appropriate amount of cover
  - Contact us for a free no obligation quote
  

1. This document is for your information and the description herein is a general summary only. It does not include all terms, conditions and exclusions of the policies described. Please refer to the Policy wordings for complete details of coverage and exclusions.

2. The availability of coverage is subject to underwriting assessment upon receipt of an application.

3. In the event of any inconsistency between the English and the Vietnamese version of this brochure, you should refer to the Vietnamese version which prevails.

Keyman Insurance is underwritten by BaoViet Life, hereafter referred as Bao Viet (Address: 01 Dao Duy Anh Street, Hanoi, Vietnam). It is not an obligation of, deposit in or guaranteed by HSBC Bank (Vietnam) Ltd.

Issued by HSBC Bank (Vietnam) Ltd.