Sunday, November 19, 2006

French Insurer and Sacombank offer new insurance

French Prevoir group and Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank - STB) launch a new insurance product.

The insurer and the bank introduced the Credit Life product, which will provide insurance for customers who take out Sacombank loans for house and land purchase or repair. In case of the insured's death or injury, Prevoir would forward financial coverage to Sacombank on their behalf.

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