Overview of the signing ceremony
Attending the signing ceremony were Chairwoman of the Board of Directors of SBI Group Joint Stock Company Luong Thi Thai Ninh; General Director of SBI Group Joint Stock Company Vu Ngoc Hai; General Director of PBI Company Le Duc Hieu; Deputy Director of Corporate Customer Department Pham Vinh Quang; Director of Agribank Insurance, Thang Long branch Nguyen Manh Cuong...
According to the contract, Agribank Insurance will insure product liability for all dairy products distributed by SBI Group Corporation in Vietnam, with a total insurance limit of up to 60 billion VND, of which a maximum of 6 billion VND for each incident.
This is a step demonstrating the pioneering role of Agribank Insurance in implementing a product safety liability insurance model according to international standards. This contributes to protecting consumer rights, supporting businesses in complying with current legal regulations, and promoting healthy competition in the business environment.
Speaking at the signing ceremony, Deputy Director of Agribank Insurance Thang Long Branch Le Anh Duc emphasized: “Today's signing ceremony continues to affirm Agribank Insurance's capacity to deploy specialized insurance products, especially in areas with specific characteristics and high technical requirements such as product liability insurance. Continuously innovating products, upgrading service quality and building a transparent, timely and effective compensation process - Agribank Insurance is committed to continuing to be a reliable partner, contributing to creating a safe, fair and professional business environment.”
Representative of SBI Group Corporation, General Director Vu Ngoc Hai emphasized: “Product liability insurance is a double layer of protection - protecting consumers and protecting legitimate businesses. In case consumers encounter health-related problems, stemming from the use of the product and confirmed by the authorities, consumers can be supported up to 6 billion VND/incident. Besides, this is also a card proving that our business does business with truth, genuine products, and is ready to take responsibility to the end for the quality we commit to.”
Product liability insurance is currently an effective tool to help businesses proactively share risks, protect personal information and support complaint resolution, contributing to improving product quality and protecting consumer rights. In particular, when the Law on Consumer Protection officially takes effect from July 1, 2024, participating in product liability insurance becomes even more urgent.
Source: https://daibieunhandan.vn/bao-hiem-agribank-ky-hop-dong-bao-hiem-trach-nhiem-san-pham-voi-cong-ty-cp-tap-doan-sbi-10380378.html
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