Generali Vietnam Launches “VITA – Live Prosperously” with Investment Funds Managed by VinaCapital, VFM

Recently, Generali Vietnam Life Insurance LLC (“Generali”) officially launched the product “VITA – Sống Thịnh Vượng” (VITA – Live Prosperously). This is a 2-in-1 insurance solution that helps provide customers with both an effective investment channel and a comprehensive protection plan.

Ms. Tina Nguyen – Generali Vietnam CEO said: “VITA - Sống Thịnh Vượng’s key competitive differentiator in the Vietnam life insurance market is the fact that it helps customers optimize profitability when the four investment-linked funds are managed by VinaCaptial and VietFund Management - the top two  fund management companies in Vietnam. In addition, customers can customise their investment options with flexible selection of funds to better suit their personal risk appetite and profitability expectation. Generali’s customers can also change up their investment plan among these four  funds throughout the year.”

“As a strong testament for Generali’s motto of “Simpler, Smarter, Customer centric”, this 2-in-1 insurance product meets customer’s needs for a comprehensive protection plan against life’s risks and an additional preeminent investment channel,” Ms. Tina Nguyen added. 

 VITA - Sống Thịnh Vượng’s competitive benefits:

Effective Investment:

• Customers can choose among four investment funds that best suit their profitability expectation and risk acceptance level.
• These investment funds are managed by the top two fund management companies in Vietnam, which helps optimize profitability for customers by leveraging each companies’ unique strength and advantages.   
• Customers can switch funds, withdraw money, top up premium, change funds allocation ratio, premium holidays, etc..
• Customers enjoy more attractive benefits and rewards such as Regular Bonus equivalent to 3% of Policy Account Value and Special Bonus of upto 225% first year premium.

Comprehensive Protection:

• Customers are comprehensively protected and assured of 100% Sum Assured and Policy Account Value in the event of Death or Permanent Dismemberment.
• Customers are paid  an addition of 100% Sum Assured in  the event of Accidental Death.
• Customers are protected against other events such as critical illnesses, hospitalization, etc when adding riders.

TLD