Manulife Vietnam continues paying additional interest to customers

November 08, 2018 | 18:06

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Some customers of Manulife Vietnam have just received nearly $3 million in additional interest income by virtue of the company’s outstanding performance last year.

manulife vietnam continues paying additional interest to customers

Manulife Vietnam is the top insurer in the bancassurance segment

Manulife Vietnam, the largest life insurer in Vietnam based on charter capital, has paid VND68 billion ($3 million) of additional interest income to customers who had purchased profit-sharing insurance products at the company prior to January 1, 2006.

Not only the largest insurance company in Vietnam in terms of charter capital, the company is the top player in the bancassurance services segment.

The move came in the wake of the company’s outstanding investment and business performance last year. This is a special bonus for customers, besides the periodic interest payment commitment in the contracts.

In the same period last year, the company also paid VND58 billion ($2.5 million) in additional interest income to customers buying products with the profit-sharing format.

Thus, besides being protected by Manulife, the customers are guaranteed to have a stable interest payment each year, and receive additional bonus while enjoying upscale insurance services by virtue of Manulife’s effective operations and its customer-centric business approach.

The special interest bonus scheme is available for customers who buy products in the profit-sharing format, such as An Khang Thanh Tai, An My Thanh Tai, An Hung Thanh Tai, Phuc An Khang, Phuc An My, Phuc An Hung, Phuc My, compound insurance for 10, 15, 20 years, compound insurance until reaching the age of 55/60. In addition, the contracts were issued before January 1, 2006 and were effective on December 31, 2017.

Manulife has scored impressive business results as well as high and stable growth rates in many consecutive years. Not only the largest insurance company in Vietnam in terms of charter capital, the company is the top player in bancassurance services segment.

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