Manulife Vietnam, one of the country’s leading life insurers, on June 30 announced the launch of four new comprehensive financial solutions, which together with available enhanced options, are designed to meet the different and changing needs of customers and their families throughout their various life stages.
Premiums for the solutions, which cover savings, education, protection and retirement needs, are payable for either 12 or 15 years. Meanwhile, customers can enjoy a longer benefit period ranging from a minimum of 20 years, up to a maximum age of 99 years, depending on the chosen solution.
Education: Manulife – The Best Childhoodis a solution that builds up cash values which can be used to covereducation-related expenses. It includes an enhanced option that enables future premiums to be waived in the event of the payor’s untimely death, or critical illness. It also provides both guaranteed cash benefits and non-guaranteed excess-interest cash coupons which may be left with Manulife Vietnam to accumulate interest and help provide additional funds for future education-related expenses.
Protection: Manulife – Peaceful Life is a master protection and financial planning solution that covers untimely death. Coverageincreases by 5% every year up to a maximum limit, but does not require payment of additional premiums or further health requirements. Moreover, the solution also coversaccidents and various early-stage, late-stage and gender-specific critical illnesses.
Enhanced options cover hospitalization and disability risks.The customer can also enjoy regular cash benefits every 5 years starting on the 5th year, which may be drawn upon for emergency purposes.
Retirement: Manulife – Golden Ageis designed to help customersprepare for their ‘golden years’through a stream of guaranteed regular cash benefits every 3 years starting on the 3rd year, as well asrecurring non-guaranteed excess-interest cash coupons, which can be left with the company to accumulate interest. Guaranteed cash values build up until the customer reaches 65 years of age, at which time the maturity benefit is paid.
Prior to maturity, the customer is also covered for death by natural causes as well as accidents. The customer can also add enhanced options to protect against critical illnesses, hospitalization, and total and permanent disability.
Throughout its 16 years of operations in Vietnam, Manulife has successfully built a strong reputation for its high quality products and professional services, maintaining its position as a top player in the market. The company offers a wide range of innovative insurance products, including traditional life, health, education, investment and pension solutions.
Nam Pham
Vietnamese
