VITA-La Chan Vang—superior protection against cancer

Generali Vietnam commits to bringing world-class quality insurance through innovative product offerings like VITA, wide distribution network, and revolutionary customer experience

Today (September 10, 2018), Generali Vietnam Life Insurance LLC (Generali Vietnam) has officially launched a new cancer insurance product called “VITA-La Chan Vang” (VITA-Golden Shield). One unique and outstanding benefit of this product is that customers could get 100 per cent of their paid premium refunded if there has been no claim for cancer benefit at maturity.

“VITA-La Chan Vang,” developed based on Generali’s motto “Simpler, Smarter, Customer-centric” provides superior benefits to customers. Simpler means that customers can choose the single premium option to be protected for ten years or the annual premium option to be protected for five years. Customers just need to answer some questions, then the policy will be automatically issued.

Smarter means that once choosing the single premium option, customers could get 100 per cent of the paid premium refunded if there has been no claim for cancer benefit at maturity. This is a special benefit that was first introduced with cancer insurance. In addition, customers can choose to add additional benefits, such as financial support for their income loss/decrease and/or accidental death.

Customer-centric means that “VITA-La Chan Vang” is highly affordable to provide the favourable product for all customers. Customers can purchase this product for themselves or for their children at the starting premium of only VND98,000 ($4.3) per year. The payment for cancer benefit is up to VND500 million ($22,124).

A pioneer in developing differentiated products and services, with “VITA-La Chan Vang,” Generali Vietnam continues to provide customers with peace of mind when it comes to cancer and with a chance to get 100 per cent of the paid premium refunded if there has been no claim for cancer benefit at maturity.

VITA-La Chan Vang is a smarter, more customer-centric cancer insurance policy

At the launch of “VITA-La Chan Vang,” Tina Nguyen, CEO of Generali Vietnam, said: “According to a recent report by the World Health Organisation (WHO), Vietnam is among the group of countries that has the second highest rate of cancer. The condition is on the rise, with cancer patients becoming younger and younger.

According to another report by George Institute for Global Health, in 2016, 55 per cent of Vietnamese cancer patients were financially distressed or died within 12 months of being diagnosed with cancer. Obviously, cancer not only impacts a patient’s health, but also causes financial burden for the patient and their family due to the expensive treatment.

With "VITA-La Chan Vang,” Generali would like to share the burden with customers and accompany them during the worst of times.