Generali Vietnam has been honoured at the 'Top 100 best products and services for families and children' awards for its pioneering education-focused, unit-linked insurance solution, 'VITA – Cho Con'.
Generali Vietnam's 'VITA – Cho Con' insurance policy combines protection and investment to offer customers exceptional benefits for the education and development of their children.
'VITA – Cho Con' provides customers and their families with comprehensive protection against the risks of death, total and permanent disabilities (TPD), and other afflictions.
For the first time in the Vietnamese insurance market, and in addition to the premium waiver benefit upon a parent’s death, TPD, or critical illness, Generali guarantees to issue a new insurance policy for their child without any underwriting required with a sum assured of up to 10 billion VND ($422,000).
As an education-focused unit-linked insurance solution, VITA – Cho Con offers many attractive bonuses, including a regular bonus of up to 11 per cent of the average value of the premium account. This is the largest bonus currently available in the market.
In addition, VITA – Cho Con offers policyholders great flexibility in determining the premium amount, assured sum, and investment allocation in accordance with their risk appetite.
Customers can flexibly adjust their investment plan by switching or withdrawing funds, or top-up their investment when needed.
|VITA – Cho Con offers policyholders great flexibility in determining the premium amount, assured sum, and investment allocation in accordance with their risk appetite. |
Vinay Dhareshwar, acting CEO of Generali Vietnam said, “This award recognises Generali Vietnam’s success in product strategy, which aims to meet customers’ increasing demands.
“This recognition is also a testament to our ambition of becoming a ‘Lifetime Partner’ to millions of Vietnamese families by offering innovative insurance solutions, distinguished for their comprehensive benefits, transparent terms and conditions, competitive premiums, as well as market-leading customer experience.”
In its efforts to give back, Generali Vietnam will contribute 100,000 VND ($4.22) to 'Sinh Con, Sinh Cha', a parenting community education scheme run by Generali Vietnam and the National Fund for Vietnamese Children, for each VITA – Cho Con policy it issues,
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