Quoc Cuong, a 38-year-old office worker, shared how a sudden hospitalization for shortness of breath upended his family's spending plans. His wife had to take leave from work to care for him, while hospital fees exceeding 15 million dong created unforeseen financial pressure. "Just one unexpected illness is enough to change all monthly spending plans," Cuong stated.

According to experts, Cuong's family story is no longer uncommon. Amidst a volatile socio-economic landscape, escalating medical costs are a significant concern for many households. Beyond hospital fees, patients must cover medication, tests, rehabilitation, and extended care services. For families seeking high-quality treatment, financial pressure can rise substantially when health risks occur.

Product Song Chat 2.0. *Photo: Sun Life*

In Vietnam, treatment costs are rapidly increasing annually, particularly for high-quality medical services. Concurrently, many illnesses such as cardiovascular disease, diabetes, hypertension, and cancer are increasingly prevalent among individuals aged 30-40, attributed to work pressure, sedentary lifestyles, and evolving habits.

Meanwhile, the mindset of "only worrying when sick" leads many to a passive state. When treatment becomes necessary, they not only scramble for finances but also face pressure regarding time and the quality of medical care. Recognizing this reality, many young families are now proactively preparing resources early to maintain current stability and secure long-term future plans.

According to a financial expert from Sun Life Vietnam, "resilience" in a financial context is not merely the ability to confront challenges, but rather sufficient preparation to remain unwavering when risks arise. A resilient family understands how to protect its financial foundation, ensuring that even amidst health setbacks, they can maintain stability and continue pursuing long-term goals such as their children's education or retirement savings.

Consequently, an increasing number of families are opting to combine life and health insurance solutions to establish long-term financial protection. These solutions not only provide resources when risks emerge but also help cultivate consistent financial management habits over time.

A representative from Sun Life Vietnam stated that young families, such as a father aged 35, a mother aged 30, and a three-year-old daughter, who seek financial protection, healthcare, and future savings, can consider solutions like Sun - Vi Nha Minh universal life insurance and Song Chat 2.0 insurance. With an annual premium of approximately 26 million dong, equivalent to about 2,2 million dong per month, the family can secure protection benefits against death, total and permanent disability for the father, starting from 800 million dong.

Concurrently, the mother and child can receive inpatient and outpatient healthcare benefits, with a maximum payout of 250 million dong per year. If premiums are consistently paid for 20 years, the accumulated amount by the end of contract year 20 could exceed 680 million dong (based on an illustrative interest rate of 5,39% per year), becoming a valuable financial resource for education or other long-term objectives.

During the insurance participation process, the collaboration between Sun Life Vietnam and ACB offers customers additional conveniences to maintain their financial plans sustainably. ACB serves as a partner, providing payment infrastructure and cash flow management tools to help customers fulfill their financial obligations regularly over time.

Customers can pay insurance premiums through ACB's digital ecosystem, such as: Internet Banking, Mobile Banking, or the ACB One application, reducing processing time. For families wishing to spread out costs, ACB supports automatic payments via credit card, alleviating monthly financial pressure.

Hoang Dan

For detailed advice on life insurance product benefits from Sun Life Vietnam and current promotions, readers can contact their nearest ACB branch.