General Information
BIC Binh An is an insurance product linked with personal loans, which has been implemented jointly by BIDV and BIC since 2009 and continuously upgraded to best fulfill the needs of customers. When applying for BIC Binh An insurance, customers will be covered by BIC for their lives 24/24 hours in the territory of Vietnam.

Subject Insured
- Vietnamese citizens or foreigners currently residing in Vietnam named in the Credit Agreement or Application for Personal Loan, including: The Borrower or the Borrower's spouse (named in the Spouse's Information Section and (possibly) sign on the Application) or the Representative (named in the Representative's Information and sign on the Application).
- Person insured must be aged from 18 to 65 on the entry date of the policy and not older than 70 years of age when the insurance period ends.
- Person insured must not be permanently disabled by 50% or more.

Insurance Period
During loan term, up to 15 years.

Basic insurance benefits:
- In case of accidental death: 100% of the sum insured, up to a maximum of VND4 billion, depending on the Insurance Plan.
- In case of death due to illness or disease: part or total of sum insured, up to a maximum of VND200 million, depending on the Insurance Plan
Additional insurance benefits:
+ Accidental hospital allowance (in case the insured is hospitalized under insurance coverage) Up to VND200,000/day in a maximum of 30 days.
+ Interest paid during the claim pending (in case of insured is under basic insurance coverage, up to a maximum of 60 days.
- Funeral allowance: VND1 million/insured person.