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SCB Thailand designs COVID-19 (coronavirus) insurance

SCBSiam Commercial Bank (SCB), in light of the COVID-19 outbreak, has asked citizens to be aware of the pandemic and announced its insurance scheme through its branches (bancassurance) to meet the requirements of customers. The bank has jointly developed COVID-19 insurance with Deves Insurance.

Nattaya Sukhum, Assistant manager Insurance Product Line Administrator, SCB elucidated, “Because consumers still buy each type of insurance that meets their needs in each area, such as health insurance coverage, savings or investment insurance in the COVID-19, which has a relatively high response because it is a condition that The disease is spreading and consumers are worried.”

She further apprised, “Therefore looking for products that cover both yourself and your family, especially for your needs. Insurance products are financial tools that help manage risks in the event of unexpected situations. And today there are a variety of insurance schemes that help manage risk in many ways, allowing consumers to choose the insurance plan to suit their needs. ”

The product is also available through the SCB EASY app. SCB has stated that it estimates the insurance business especially health insurance, through bancassurance is expected to grow as planned this year. Previously, the bank together with SCB Life Assurance (SCBLIFE), a subsidiary of the FWD Group, had launched a host of SCB Multi Care Multi Claims. To contain COVID-19, the bank has announced the temporary closure of some of its branches.

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