Market research has shown that customers have concern on their health, especially on critical illness (CI) which could cost them high expense. Due to the revolution on medical technology, diseases can be diagnosed at the earlier stage. Customers are aware of younger and higher number of CI patients found each year.
To ensure that our product matches with customers’ need on health concern and to expand insurance business, Bancassurance product would like to propose new product – Life Strong 10/5 – which gives both protection on life and 5 main critical illnesses.
Target customers
• Mid-income customer segment
• Customers who seek protection on critical illness and death