Generali Vietnam launches “VITA – Dau Tu Nhu Y” with preeminent benefits

The “VITA – Dau Tu Nhu Y” product features preeminent benefits and a unique investment scheme

The product offers customers the flexibility to select from different protection options at the same premium, attractive bonuses and an opportunity to invest in the stock and bond markets via investment funds managed by two leading asset managers in Vietnam, VinaCapital and Dragon Capital.

For the first time in the market, at the same premium, customers can select from four options for Death and Total Permanent Disability benefits according to their protection needs. These options include Protection 50, Protection 100, Protection 150, and Protection 200 for 50, 100, 150, and 200 per cent of sum-assured, respectively, plus policy account value. Additionally, the customers will also be covered from critical illnesses, hospitalisation, or accidents with a range of optional riders.

Apart from from four options with the same premium, customers will also be covered from critical illnesses, hospitalisation, or accidents with a range of optional riders

VITA – Dau Tu Nhu Y also offers best-in-class bonuses. Policyholders are entitled to a “Start-up bonus” of up to 5 per cent of annual premium, "Regular bonuses” equivalent to 4 per cent of average account value, and “Special bonus” up to 400 per cent of annual premium.

VITA – Dau Tu Nhu Y offers customers the choice to invest in various equity and bond funds in accordance with their risk appetite and the flexibility to adjust their investment plan (fund switch, fund withdrawal, top-up investment, and premium holiday, among others).

VITA – Dau Tu Nhu Y also features a unique investment mechanism with four unit-linked funds being managed by the top two leading fund management companies in Vietnam in order to leverage their unique strengths to optimise customers’ investment returns.

Tina Nguyen, Generali Vietnam CEO

In addition to putting emphasis on its product competitiveness and transparency, Generali also pays great attention to making its services “simpler, smarter”.

Accordingly, with VITA – Dau Tu Nhu Y policyholders can easily manage their policies and conduct most of the transactions such as updating information, making premiums payments, switching funds, or submitting claim requests anytime, anywhere via GenVita.

With VITA – Dau Tu Nhu Y was designed on the occasion of Generali’s 10th anniversary in Vietnam, the company has been quickly developing preeminent products and services, bringing excellent customer experience

Generali’s customers also get free health consultations with Generali’s experienced doctors via Alo Dr. Gen function and participate in the VITA-Rewards customer loyalty programme on GenVita.

“We are very pleased to celebrate Generali’s 10^th anniversary in Vietnam with the launch of this special product,” said Tina Nguyen, Generali Vietnam CEO. “We are confident that with its great flexibility and competitiveness, VITA – Dau Tu Nhu Y will be well received. Generali will continue to innovate and strive to meet Vietnamese customers’ evolving demands for protection, saving, and investment, as well as excellent customer experience.”