ABA launches Fixed Deposit with free Life and Accident Insurance from Manulife
ABA Bank, the largest Cambodian commercial bank1, introduced a Fixed Deposit account with life and accident insurance from Manulife to offer the benefits of saving with a competitive interest rate and free insurance coverage.
ABA customers who open a 1-year Fixed Deposit account over the counter or through ABA Mobile will get instant insurance protection from Manulife Cambodia in case of death and total disability equal to the amount of their Fixed Deposit (capped at 50,000 USD or 200,000,000 KHR).
The customers of ABA are entitled to insurance without the medical check-up requirement, which is normally required when insurance is purchased directly from the insurance company. The insurance certificate is available through a link that Manulife will send in an SMS.
Askhat Azhikhanov, Chief Executive Officer at ABA Bank, commented, "We believe this joint service from ABA Bank and Manulife Cambodia is the right fit for customers who seek the best financial plan with adequate life insurance. Customers can now open ABA Fixed Deposit with an attractive interest rate and receive a complete life and accident insurance package from our partner Manulife at zero cost."
"This integration highlights continuous support of our customers' well-being and the Bank's partnership with Manulife Cambodia to provide convenient access to life insurance products," he added.
Visit the Fixed Deposit with Life and Accident Insurance webpage for more information on the product. Got questions? Call ABA toll-free number 1 800 203 203 (inside Cambodia) or Manulife's customer service hotline at 023 965 999.
Don't have an ABA account yet? Open one using your smartphone to download the ABA Mobile app and open an Instant Account (a valid Cambodian ID card and phone number are required).
1 ABA is the largest Cambodian commercial bank based on total assets, gross loans, customer deposits and profitability based on the National Bank of Cambodia's Annual Supervision Report 2021