Prudential launches life insurance product targeting young customers

Monday, Nov 19, 2018 18:15

Prudential Vietnam’s Pru-Flexicash is designed for young customers looking for a disciplined savings plan. — VNS Photo

Prudential Vietnam Assurance Co., Ltd has launched Pru-Flexicash, a life insurance solution for young customers looking for a disciplined savings plan.

It offers several benefits to customers such as a 5 per cent annual cash payment of the sum assured starting from the second anniversary of the policy and a 200 per cent lump sum payment on maturity.

When the policy is in force, customers are protected against total and permanent dismemberment, terminal illness and death, with the beneficiary receiving a lump-sum payment of the sum assured plus bonuses and premiums paid. In the event of an accidental death, an additional 100 per cent of the sum assured will be paid.

Clive Baker, chief executive officer of Prudential Vietnam, said: “Enjoying life’s moments whilst saving for the future is the desire of many young people in Viet Nam. We believe Pru-Flexicash will allow this young and dynamic demographic group to truly enjoy life while helping safeguard their financial future.” — VNS





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