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Igloo Rolls Out Home Content Insurance With Shopee in Vietnam

Igloo Rolls Out Home Content Insurance With Shopee in Vietnam

by October 13, 2022

Insurtech firm Igloo has partnered with e-commerce platform Shopee to roll out its Home Content Insurance offering in Vietnam.

Underwritten by Bao Viet Insurance, the offering is a comprehensive protection solution for indoor assets against unexpected events such as natural disasters and fire.

Besides protection of indoor assets against natural calamities, the insurance product also has rent insurance which covers loss of rent and additional expenses incurred as a result of an insured event.

The product is currently available on Shopee starting at a premium of VND 83,999 (approximately US$3.5) for one year and up to VND 100,000,000 (approximately US$ 4200) sum insured.

Aside from property insurance, Igloo also offers other insurance products in Vietnam such as personal accident and health insurance through AhaMove, failed delivery insurance with Loship, and loan protection insurance with LOTTE Finance.

Tri Nguyen

Tri Nguyen

“Our Home Content Insurance aims to address this challenge by providing a solution that helps consumers protect their most valuable assets and increases their financial resilience.

 

Through our partnership with Shopee, we are also making it easily accessible on a widely-used platform and building trust in the product through our incumbent partner, Bao Viet.”

shared Tri Nguyen, Country Manager for Vietnam at Igloo.

“Partnering with Igloo diversifies our lineup of insurance products to help Vietnamese consumers easily purchase protection solutions in times of disaster or accidents involving their homes.

 

Offering Igloo’s Home Content Insurance product is a further step in our commitment to continue to bring products and solutions that best suit the needs of consumers across Vietnam.”

shared Vu Thanh Quynh, Head of Communications, Shopee Vietnam.

 

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