Is Dai Ichi Life Insurance a scam? Is that good?

Life insurance is increasingly being used by many customers as a backup savings when having health problems and to withdraw interest after the insurance policy expires. Dai Ichi Life is currently one of the most trusted life insurance companies.

So Is Dai Ichi Life insurance good?? How bad is Dai Ichi cheating customers? Let's find out in the following article.

About Dai Ichi Life Insurance Company

How long does ichi life last? — Dai Ichi Life Insurance

Dai Ichi Group is the first and largest insurance group in Japan. Dai Ichi Life Vietnam Company is one of the subsidiaries with 100% investment capital from the parent corporation and was officially established on January 18, 2007.

Until now, after 15 years of construction and development, Dai Ichi Life has covered the network in 63 provinces and cities across the country with a total of 290 representative offices and more than 78,000 employees.

Outstanding achievements of Dai Ichi Life in the past 15 years:

The number of customers increased 10 times
Number of employees and financial advisors increased 20 times
Profit increased 30 times
Total investment capital increased 40 times
Total property value increased 50 times
With a commitment to ensure financial peace of mind for customers and their families, Dai-ichi Life Vietnam has paid insurance benefits up to VND 9,000 billion.

Dai Ichi Life Insurance Is From Which Country?

As stated, Dai Ichi Life is a corporation life insurance The most prestigious and first in Japan was established in 1902. Total asset value as of March 31, 2020 reached US$551 billion, insurance premium revenue was more than US$45 billion.

Dai Ichi Life Vietnam Co., Ltd. is a 100% owned subsidiary of the parent corporation and was officially operated in January 2007.

Reasons to Buy Dai Ichi Life Insurance

Some of the reasons why most customers prefer Dai Ichi life insurance are:

A world-class prestigious insurance brand, with a history of more than 100 years of construction.
There are subsidiaries operating extensively in the region in other countries such as Vietnam, India, Thailand, Australia, Indonesia, and the US.
Honored in the Top 10 most prestigious insurance companies in Vietnam in 2019.
Total assets amount to more than 485 billion USD.
Many insurance packages for customers to choose from, enthusiastic consultants, clear working cycle, customers' interests are resolved and paid quickly.

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Dai Ichi Life Vietnam Insurance Packages

In Vietnam, Dai Ichi Life Company has many main insurance products and supplementary insurance products.

Main Insurance Products

The main insurance product packages are:

An Phuc Hung Thinh Toan Toan is for single people, families with young children with long-term savings or education plans.
An Thinh Investment is for single people, planning to invest, newly married people, people with adult children or people preparing to retire.
An Tam Hung Thinh is for people who are single, newly married, families with young children or adult children, who are about to retire.
Dai Gia An Phuc is for people with low income below 10 million/month.

Supplemental Insurance Products

Supplemental insurance product is a product that can be joined when customers have joined one of the main insurance product packages. Supplemental insurance products are:

Health Care health care insurance.
Dai Ichi Global Health Care Insurance.
Advanced comprehensive accident insurance.
Comprehensive premium critical illness insurance.
Term insurance.
Premium waiver insurance.
Comprehensive prepaid premium critical illness insurance.
Insurance covers the cost of incurable diseases.
Family income insurance.
Insurance covers the cost of cancer treatment.
Medical support insurance.
Premium support insurance.

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Suitable Age To Join Dai Ichi Life Insurance

Depending on the product package, the age to participate in insurance will be different. Eg:

An Tam Hung Thinh Toan Toan product is suitable for ages from 0 to 59 years old.
An Thinh Investment products are suitable for customers from 26 to 65 years old.
An Phuc Hung Thinh Toan Toan product is suitable for customers from 26 to 59 years old.
Dai Gia An Phuc products are also suitable for customers aged 26 to 59 years old.

Join Dai Ichi Life Vietnam What Special Benefits?

Some special benefits for customers when participating in Dai Ichi life insurance are:

Priority benefits for admission to study abroad in the US, Thailand and Australia.
Priority benefits to study at the famous RMIT University in Vietnam.
Post-apocalyptic benefits.

Is Dai Ichi Life Insurance Good?

Dai Ichi Life Insurance Company has a history of nearly 15 years of operation in Vietnam market, ranked in the top 3 best insurance companies with more than 3 million customers trusting and participating in Dai's product packages. Ichi Life. This proves that Dai Ichi Life life insurance operates with good reputation and good quality.

Here are the noble awards that Dai Ichi Life has achieved during its operation:

In October 2021, Dai-ichi Life was honored as "The Life Insurance Company with Information Technology Applications - Typical Digital Transformation" at the Outstanding Financial Service Awards 2021 program organized by Data Corporation. International data IDG in collaboration with Vietnam Securities Business Association, Vietnam Digital Media Association survey.
On December 17, 2021, Dai-ichi Life Insurance Company Vietnam was honored as "Enterprise for the Community" in the Ceremony Honoring Businesses for the Community - "Saigon Times CSR 2021" by the Times. Organized by Saigon Economy. This is the third consecutive year Dai-ichi Life Vietnam has been awarded this title to recognize and honor the company's positive and meaningful contributions to the community in 2021.
In 2021, Dai-ichi Vietnam Life Insurance Company was honored as the Top 3 in the Top 10 Prestigious Life Insurance Companies in 2021.
Dai-ichi Life Vietnam is ranked 100th in the Top 500 Largest Enterprises in Vietnam in 2020
On January 17, 2018, Dai-ichi Life Vietnam received the Third Class Labor Medal awarded by the President
In 2017, Dai-ichi Life Vietnam was honored to be the only life insurance company in Vietnam to be awarded the "Asian Responsible Enterprise" award in 2017, organized by Enterprise Asia in 2017. Thailand.

Is Dai Ichi Life Insurance a Scam?

With a history of 15 years of development, high reputation in the industry and serving more than 3 million customers, we affirm that Dai Ichi Life insurance does not cheat any customer's case.

Errors arise mostly from the reception staff and inadequate handling of customers. Dai Ichi always supports via hotline to participate in comments, complaints and requests for handling.

So why are there many opinions that Dai Ichi Life Insurance scams customers? Here are the main reasons.

Automatic cancellation of insurance policy

Some insurance customers do not read the contract carefully, after a short period of 1-2 years, unilaterally cancel the contract.

At this time, according to the contract signed between the two parties, the amount you paid the insurance before will be lost because this is a clearly stated regulation. If you want to get back the paid amount, it is not possible, if you do, you can only get a small percentage back according to the terms of the contract.

Late payment of insurance premiums

In the signed contract, your late payment of the monthly fee is also a breach of the contract, the insurance unit has the right to unilaterally cancel the contract due to the late payment and overdue payment by the customer.

If you want to continue, you will have to pay a penalty according to the provisions of the contract, if not, the insurer has the right to unilaterally cancel the contract. Therefore, you should not misunderstand this as a scam, but because you do not properly fulfill your responsibilities and obligations when participating in insurance.

Insurance benefits are not paid

There are many hospitalized customers who claim that Dai-ichi insurance company does not pay the hospital fees according to the contract. This may sound like the insurance company is wrong, but in fact the reason could be:

The disease you are suffering from is not on the list of covered insurance as in the contract.
There is also another reason that the insurance plan you join does not cover hospital and drug costs.

No compensation for the contract in case of death

There are many customers accusing Dai-ichi of fraud, not paying benefits when their family members participate in insurance at the company, but when they lose, they are not compensated for the contract as prescribed.

However, you should note that: Insurance only pays when the customer has an accident due to objective reasons. Therefore, if the customer harms himself, he will not receive support from insurance.

The insurance money was stolen by someone else

Because of trust and lack of knowledge, some clients face cases of being scammed for some interest groups, consultants pretending to be Dai-ichi employees to cheat and appropriate the money.

However, this possibility is very rare because Dai-ichi manages employees and life insurance contracts very strictly.

Conclusion

The information gathered above has helped customers answer the question Is Dai Ichi Life insurance good?? This is one of the leading reputable life insurance brands in Vietnam. The interests of customers participating in insurance are absolutely guaranteed.

Information edited by: lamchutaichinh.vn