Vietnam's National Traffic Safety Committee and Prudential Insurance Company in Vietnam and Charity Association of the Transport sector yesterday signed an agreement to implement “Loving Arm –Secure to go Ahead “ (Vong Tay Yeu Thuong – Yen Tam Tiep Buoc) program to share the pain of traffic accident victims.
As per the agreement, from now to 2019, Prudential will give 5,000 free insurance contracts to low-income families whose husband or wives died for traffic accidents and are raising children under 18 years old. Each contract is worth VND50 million (US$ 2,293) for each child in these families.
The program will be implemented in10 cities and provinces across the country including Ho Chi Minh City and Hanoi.
Speaking the signing ceremony, Transport Minister Dinh La Thang called for contribution of organizations and individuals towards disadvantaged families of traffic accidents to help them overcome living difficulties and integrate into the society.