Vietnam Travel Insurance

Insured: An individual whose life and health are insured under the Insurance Policy. The Insured can be a Beneficiary at the same time.
Policy holder: An organization or individual that enters into an insurance contract with an insurance company and pays for insurance premiums. The policyholder can be either the Insured or the Beneficiary at the same time.
Policy holder can only pay insurance premium for the following persons:
a/ Policy holder himself;
b) Spouse, child, parent of Policy holder;
c) Brothers, sisters, siblings, persons having a nurturing and alimony relationship;
d) Other persons, if the Policy holder has an interest that can be insured.
Insurance contract: An agreement between Policyholder and HD Insurance, whereby Policyholder must pay premium, HD Insurance must pay compensation to The Insured or Beneficiary when an insurance event arise which triggers insurance liability.
Insurance contract must be made in writing and consisting of Insurance Proposal, Insurance Certificate and/or Insurance Contract, Insurance Wording and additional clauses (if any) or any other written agreement between HD Insurance and Policyholder. Insurance contract only takes effect when there is a commitment to pay premiums stated in Insurance Contract and subject to provisions of law.
Sum insured: The maximum amount HD Insurance shall pay to The Insured when an insurable event arise subject to Insurance Wordings, sum insured is agreed by the Policyholder and The Insurer and stated in Insurance Certificate/Policy.
Insurance period: period from the first to the last day as prescribed on Certificate/Insurance Policy or from the beginning to the end of the insurance effectiveness, applying the later start and earlier end time on Insurance Certificate/ Insurance Contract. """"Insurance period"""" is limited by the maximum duration of a trip. Maximum duration under this wording is 180 days.
Accompanying children: Accompanying children are children from full 15 days old to full 2 years old at the time of insurance validity who participate in the same Insurance Policy with their parents or persons over 18 years old who are Insureds. An insured person can only attach 01 accompanying child and must be on the insurance enrollment list.
Accident: is an event that occurs unexpectedly due to external, objective factors that lead to consequences that the Insured did not intend or foresee.
Trip/tour: An itinerary made by the Insured within the territory of Vietnam. The trip must be is made outside the regular residence of the Insured to meet the needs of sightseeing, relaxation, entertainment, discovery, attending conferences, seminars, or visits.
Medical expenses: are reasonable and necessary medical expenses incurred for diagnosis, treatment or surgery prescribed by a doctor with professional qualifications and in accordance with regulations of the medical profession. HD insurance pays medical expenses according to the actual amount incurred on the invoice and does not exceed the insured amount specified in the insurance certificate.
To learn more about other terms, please refer to Vietnam Travel Insurance Wordings.