Faced with serious losses and damages, Agribank Insurance quickly deployed damage assessment work caused by Typhoon Yagi to complete compensation records to support people to overcome difficult times.
Many properties of people and businesses were damaged after storm number 3.
Despite careful response preparations from the Central to local levels, after just over a day of "attacking" a number of northern provinces and cities of Vietnam , storm No. 3 - super typhoon Yagi - the strongest storm in decades has left serious consequences for people and property. According to statistics from Agribank Insurance, as of September 9, 2024, nearly 400 losses from businesses (not including losses from individual customers) have been recorded, with estimated loan losses from Agribank of about 100 billion VND. Damaged assets include machinery, industrial equipment and infrastructure works. Many businesses and households in areas directly affected by the storm have faced major losses, seriously affecting production activities and life. With the motto of "proactively participating to share risks with businesses and people in disaster areas", the Board of Directors of Agribank Insurance has directed branches to deploy a team of appraisers to the scene to appraise and assess the damage, ensuring that compensation is carried out quickly and accurately to help households and businesses quickly overcome the damage and rebuild their lives after the storm. Closely following the direction of the Prime Minister and the Ministry of Finance on timely compensation or advance payment to customers who suffered losses, Agribank Insurance has also quickly and drastically implemented it. Local officials have proactively contacted each customer who has purchased property insurance to grasp information about the loss. In particular, the Company has also directed each unit to be proactive and flexible in collecting damage records, flexibly using compensation plans, and if necessary, not waiting for documents to remedy the damage but paying compensation immediately to customers so that customers have the resources to restore production and business activities and daily life. In Hai Phong, one of the localities heavily affected by Typhoon Yagi. According to estimates, the losses of Agribank Insurance customers in this area have reached tens of billions of VND. Marine transport vehicles, especially fishing boats of fishermen, were seriously damaged. In this situation, Agribank Insurance Hai Phong branch urgently sent experts to the scene to inspect, assess the damage and quickly carry out compensation procedures. Close coordination with local authorities and households has helped reduce the financial burden, while supporting people and businesses to return to production and business soon. In Nam Dinh, Agribank Insurance Nam Dinh branch also promptly sent compensation appraisal staff to Ha Nam brick factory; customer's factory in Tien Hai (Thai Binh)... to determine the extent of damage and quickly plan compensation... In other localities such as Yen Bai, Thai Nguyen, Bac Giang, Lao Cai, due to deep and widespread flooding, the initial damage statistics are facing many difficulties. Agribank Insurance branches are also continuing to closely monitor weather developments to quickly support customers as soon as the weather improves. Not only stopping at assessing and compensating for damage so that customers can promptly overcome the consequences, Agribank Insurance also supports the community to overcome difficulties. The company has proactively advised people on appropriate insurance solutions, helping them prevent and minimize risks in the face of unpredictable weather changes. Participating in insurance has helped many households and businesses minimize heavy economic losses caused by natural disasters. With the quick and transparent financial support from Agribank Insurance, people have been able to repair their houses, restore their means of production and stabilize their lives. Source: https://baochinhphu.vn/bao-hiem-agribank-chia-se-ganh-nang-do-bao-yagi-102240912111210966.htm
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