Manulife Vietnam Launches New 3-in-1 Family Finance Solution
Manulife Vietnam, a leading life insurer in Vietnam, on January 12 announced the launch of Manulife – My Beloved Family, an innovative 3-in-1 financial solution, offering families a combination of comprehensive protection, product flexibility and attractive long-term savings.
Protection
Manulife – My Beloved Family is designed to provide clients and their families with comprehensive insurance protection against life’s unexpected risks, such as death, accidents, disability, major diseases and hospitalization, through a broad range of optional benefits at affordable cost. These benefits include cover for Early-Stage, Late-Stage and Gender-Specific Critical Illness; Accidental Death; Total and Permanent Disability; plus Waiver of Charges or Payor Waiver in case of critical illness diagnosis; and Medical Cash for hospital confinement.
Flexibility
Manulife – My Beloved Family comes with a high degree of flexibility to address clients’ diverse and changing financial needs. Clients can actively choose and adjust face amounts or change the protection and savings elements. Clients also have flexibility in paying premiums, including the option to increase their savings component through top-up payments. Clients may also make partial withdrawals after the first policy year to provide liquid funds in case clients need short-term cash.
Savings
Manulife – My Beloved Family also serves as an attractive and secure long-term savings vehicle for customers by crediting interest on the account value. This provides the opportunity to accumulate funds, while at the same time providing security through a minimum guaranteed interest rate. Furthermore, clients are rewarded with a loyalty bonus starting at the end of year five and every year thereafter, subject to certain conditions.
Paul Nguyen, CEO of Manulife Vietnam, said: “This is an innovative product, providing the triple benefits of comprehensive protection, product flexibility, and attractive long-term savings. We bring these three strengths together in a single product to provide clients and their families with peace of mind and financial security at different life stages. This reinforces the company’s commitment to expanding and diversifying our product portfolio and providing solutions to clients’ diverse and changing needs.”
Established in June 1999, Manulife Vietnam is proud to be the first 100 per cent foreign-owned life insurer in Vietnam. The Company has a network of close to 36 sales offices in 28 major cities.
T.N
Vietnamese
