Korea Life Vietnam launchs new branch office in Daklak

Date: 2009-12-17 10:20:16

On December 16th, 2009, Korea Life officially opened its Central Branch Office at 3rd floor The Central Office Building - 1-3 No Trang Long St, Buon Ma Thuot City, Daklak. This is the latest step in Korea Life Vietnam's continuing expansion of its branch office network across Vietnam.

Mr. Jung Seop Hyun, General Director of Korea Life Vietnam, said: "The Central Branch is our 6th office in Vietnam in addition to the existing offices in Ho Chi Minh City and Hanoi. From this office, we will expand in the future to Khanh Hoa, Binh Dinh, Da Nang, and eventually cover the entire central region, providing saving and protection products designed to meet the needs of our customers.”

Korea Life Vietnam started its operation in April 2009 and now has a sales force of 2,200 agents. As at 30/11/2009, Korea Life Vietnam has provided life insurance cover to more than 6,500 customers and earned more than VND 35 billion in annual premium income, accounting for more than 200% of its whole year production target.

Mr. Jung Seop Hyun added: “We believe that the establishment of our Central Branch Office in Daklak will result in not only significant increase of market share but also better customer service.”

Korea Life is popular for life insurance products that offer protection for the whole family under an insurance contract at affordable cost.