Representatives of Chubb Life Insurance Vietnam at the press conference to introduce the new product in HCM City earlier this week. — VNS Photo
Chubb Life Insurance Vietnam has officially launched its universal Future Asset Management Product, a long-term and disciplined financial planning tool.
General Director Lam Hai Tuan said the product is targeted at family-oriented customers who have strong commitment to accumulate their wealth and to attain comprehensive financial protection.
Different from other products available in the Viet Nam market, there is no allocation fees charged for the main insured, which in the first contract year is as high as 65 per cent of the premium.
Customers are eligible for a special bonus added to their policy account value, which can go up to 12 per cent of their average account value of the first 10 years, or up to 18 per cent of the average account value of the preceding 10 years in the 20th year. -VNS