Generali Vietnam officially launched “VITA – Cho Con” (VITA – For Our Children), the very first education-focused insurance solution in the market of Viet Nam.
"VITA – Cho Con” effectively combines protection and investment to offer customers exceptional and unprecedented benefits associated with the learning and development process of their children.
The product aims to give parents peace of mind when building a solid educational foundation for their children with the opportunity to increase and accumulate assets through investment funds managed by two leading asset managers in Viet Nam, VinaCapital and Dragon Capital.
“For Vietnamese people, the demand for suitable protection and investment solutions for our children has always been very strong. Being designed specifically to meet this demand, with many built-in benefits closely associated with the learning and development process of the children, VITA – Cho Con will be the answer for many parents looking to protect and invest in their children’s future,” said Generali Vietnam CEO Tina Nguyen.
VITA – Cho Con is designed to provide customers and their families with comprehensive protection against the risks of death, total and permanent disabilities (TDP) or critical illnesses.
For the first time in the country’s insurance market, in addition to the premium waiver benefit upon a parent’s death or TPD, Generali guarantees to issue a new insurance policy for their child without any underwriting required with a sum of up to VND10 billion assured.
As an education-focused unit-linked insurance solution, VITA – Cho Con offers many attractive bonuses to increase the value of the customer's accounts, including the regular bonus of up to 11 per cent of the average target premium account.
Generali Vietnam's unique “Child’s Companion” bonus programme helps parents encourage and enable their children's comprehensive development with very attractive and practical rewards upon their achievements in their academic, sports, culture, art, science and community pursuits.
In addition, for each VITA – Cho Con policy successfully issued, Generali commits to contribute VND100,000 to “Sinh Con, Sinh Cha,” a parenting community education programme run by Generali Vietnam and the National Fund for Vietnamese Children. — VNS