Ho Chi Minh City, July 31, 2018 - Chubb Life Insurance Vietnam Company Ltd. (“Chubb Life in Vietnam”) today officially launches its education insurance product named “Chubb Life – Education for Perfect Future”. A practical and all-rounded financial protection solution, this product will help new parents rest assured that their children are well protected.
Key benefits of "Chubb Life – Education for Perfect Future" include:
Protection from womb to adulthood – Long protection period from a 16-week-old fetus to a 27-year-old adult.
Education Cash Benefit – Your child’s education fund is guaranteed by Chubb Life in Vietnam as a payment worth 105% of the total accumulated premium, rewarded as either annuities over the last five years of the Policy or a lump sum on maturity date.
Excellent Graduation Award – with the prime up to colleges of Vietnam.
Health coverage – Your children’s health will also be taken care from newly born to 27 year-old, covered by Hospital Cash Benefit, Juvenile Critical Illness Benefit, or Total & Permanent Disability Benefit.
Waiver of Premium and Financial Support Benefit– safeguarding your children’s education plan against any misfortune that might endanger their parents.
Last but not least, “Chubb Life – Education for Perfect Future” is one-of-a-kind education insurance products in the market offering 24/7 free-of-charge medical advice and study abroad consulting service. This service is provided by Aspire Lifestyles – a professional provider of consulting services related to studying abroad, health care and medical, especially in emergencies. With these additional benefits, parents can leverage the support and protection solutions offered, to protect their children no matter where they are in the world.
“Education opens doors to future opportunities, we understand parents want to prepare for their children’s life journey so they can explore the world. ‘Chubb Life – Education for Perfect Future’ aims to help our customers plan their financial needs as early as a child is developed in the womb. We offer solutions that ease parents’ worries so their children can pursue their dreams,” said Mr. Lam Hai Tuan, Chairman and Country President of Chubb Life in Vietnam.
*Note: This press release provides only basic information. Please refer to the Terms and Conditions of the Insurance Policy for more details.
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.
About Chubb Life in Vietnam
Chubb Life is the international life insurance division of Chubb. In Asia, Chubb Life operates in Hong Kong SAR, Indonesia, Korea, Taiwan, Thailand and Vietnam, and participates in a joint-venture in China. Chubb Life has been in Vietnam since 2005, and launched its Fund Management Company (Chubb Life Fund Management Company Limited) in 2014. To meet the financial protection and security needs of its broad range of customers, Chubb Life in Vietnam (Chubb Life Insurance Vietnam Company Limited) offers a range of life protection, savings, investment-linked and health insurance solutions through its agents, banks and its network of 83 offices. Additional information can be found at: http://life.chubb.com/vn.