Manulife Vietnam partners with MoMo for digital health insurance solutions

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VIETNAM, June 11 –

MoMo users can now easily purchase Manulife Vietnam’s Max-Health product in less than a minute through a simple three-step process of application, payment and policy issuance. — Photo courtesy of Manulife

HCM CITY — Manulife Vietnam has partnered with lifestyle super app MoMo to distribute its digital health product and offer payment solutions to customers, further underscoring the insurer’s commitment to making financial solutions accessible to all.

Through this new partnership, Manulife becomes the first life insurer in Việt Nam to offer healthcare solutions through the MoMo platform, giving the app’s 31 million users access to the award-winning Max–Health product.

As an exclusive standalone health product with no medical exam required, Max-Health offers three competitive levels of coverage at an affordable annual premium of 560,000 VNĐ per year.

A policy is valid for 3 years from activation and offers a cover limit starting from 1 billion VNĐ. The product offers comprehensive coverage, including multiple coverage choices with inpatient and outpatient benefits and an extensive direct billing network of 300 hospitals nationwide.

Fully integrated with MoMo’s digital ecosystem, users can easily purchase the product in less than a minute through a simple three-step application, payment and policy issuance process.

The insurer’s 1.5 million customers now also have the option of paying their premiums or fees and setting payment reminders using the MoMo e-wallet.

Sang Lee, CEO of Manulife Vietnam, said, “By adapting to changing consumer demands and taking advantage of the growth of the digital economy, Manulife Vietnam hopes to create inclusive economic opportunities that create fairer conditions for all. Our partnership with MoMo is an exciting example of using technology to close the health protection gap and find new ways to improve and simplify the customer experience through digital solutions.

Đỗ Quang Thuận, Senior Vice President, MoMo Financial Services Business Unit, said, “MoMo is honored to be a strategic partner of Manulife Vietnam. Through this collaboration, we hope to act as a technological companion and help Manulife Vietnam communicate more easily with potential customers.

“At MoMo, our mission is to promote the use of technology to foster equal financial opportunity for all, while helping the people of Việt Nam move towards a cashless society.”

To celebrate this partnership, Manulife Vietnam is offering MoMo users the opportunity to receive a VNĐ1 million discount when purchasing a Max-Health policy with their e-wallet. —VNS

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