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SVL Offers Free 100% Top Up Of Financial Protection During Uncertainty Period

Khmer Times Share:

Always here for you! Upon the declaration from the Ministry of Health on how-to prevent over coronavirus epidemic, Sovannaphum Life offers free 100% top up of financial protection up-to 1 year for Cambodians for a new policy signed up.

The world has been hit by the new coronavirus, commonly known as Wuhan Virus, since the beginning of this year. Cambodia so far has detected and confirmed one such case in Preah Sihanouk Ville.

Recently the Ministry of Health has issued the following guidelines to the public to take preventive actions to help prevent the spread of these respiratory viruses, including:

  • Wash your hands often with soap and water for         at least 20 seconds. Use         an alcohol-based hand         sanitizer that contains at         least 60% alcohol if soap         and water are not avail-able.
  • Avoid touching your eyes, nose, and mouth with         unwashed hands.
  • Avoid close contact with people who are sick.
  • Stay home when you are sick.
  • Cover your cough or sneeze with a tissue, then         throw the tissue in the         trash.
  • Clean and disinfect frequently touched objects         and surfaces.

There is no specific antiviral treatment recommended so far. While preventive measures are important to take care of your physical health, one needs to consider also the financial health of your family. To prevent and relieve the family from financial burden, should virus strikes and the unforeseen circumstances occur, life insurance would be a good alternative.

Mr. Tan Jiak Hiang, CEO of Sovannaphum Life Assurance, advised, “life insurance policy is a good financial risk management tool to transfer the financial risk to Life Insurance Company”

To encourage Cambodian family to take up life insurance for financial protection, and to increase the existing protection amount, Sovannaphum Life Assurance will match every protection amount on a 1 to 1 basis for the first year of the policy term, for a new endowment product signed up with Sovannaphum Life from today. For example, if one signs up a $10,000 Sum Assured (protection) endowment policy, Sovannaphum Life will double the protection to $ 20,000 at NO ADDITIONAL PREMIUM, for ONE year.

This product is available from all the branches at Canadia Bank, Cambodia Post Bank or the Personal Financial Advisors of Sovannaphum Life.

Terms & conditions applied

About Sovannaphum Life Assurance:

Sovannaphum Life Assurance Plc. (SVL) is a joint venture Company between Canadia Investment Holding PLC., the holding Company of Canadia Bank, and Muang Thai Life Assurance PCL from Thailand.

Sovannaphum Life Assurance Plc. was granted full license as a life insurance Company by Ministry of Economy and Finance on 24 December 2015, and started operations in 2016.  Sovannaphum Life has been awarded the fastest growing life insurance in Cambodia in 2018 and 2019.  Sovannaphum Life offers products and services to meet the needs of Cambodian from all walks of life.  More than 50,000 Cambodian and their families has been protected by Sovannaphum Life till date.

For more information on Sovannaphum life , visit www.sovannphumlife.com , or follow Sovannaphum life on  Facebook, and Instagram.


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