BNP Paribas Cardif Life-BNK Busan Bank "Expanding Joint Sales of Non-Face-to-Face Products"

[Asia Economy Reporter Changhwan Lee] BNP Paribas Cardif Life announced on the 14th that it has launched three non-face-to-face products with BNK Busan Bank: ‘The Safe Loan Protection Insurance,’ ‘(e) Easier Asset Management ETF Variable Insurance 2.0,’ and ‘(e) Anshim Dream (Dream) Accident Insurance.’

The products can be subscribed to through the BNK Busan Bank mobile banking app starting today, and will be available on the website from March.

‘The Safe Loan Protection Insurance’ is a credit life insurance product that repays the loan in case of an insured event. After loan repayment, the debt repayment obligation does not transfer to the family, and the remaining insurance money can be used as necessary funds, protecting precious family and assets even in unexpected situations.

‘(e) Easier Asset Management ETF Variable Insurance 2.0’ is a product that periodically executes automatic fund changes according to the ETF model portfolio (fund allocation), making it easy to manage returns.

‘(e) Anshim Dream (Dream) Accident Insurance’ is a refund-type product that adds 100% of the premiums already paid to the insurance payout in case of accidental death, or returns 100% of the premiums already paid at maturity without any accident.

Bongsoo Park, CSO (Chief Sales Officer) of the Bancassurance Division at BNP Paribas Cardif Life, said, "Through the launch of these three non-face-to-face products with BNK Busan Bank, we will increase customer accessibility to our core products, credit life insurance and ETF variable insurance," adding, "We hope that customers of both companies can establish safeguards to protect their precious family and assets even in unexpected insurance incidents and highly volatile market conditions."

This content was produced with the assistance of AI translation services.