News Releases

Chubb Life Vietnam launches Premier Choice Universal Life
Oct 10, 2020

Ho Chi Minh City, October 10th 2020 – Chubb Life Insurance Vietnam Company Limited (“Chubb Life Vietnam”) has launched Premier Choice Universal Life.  This offers Vietnamese customers a range of life insurance and savings solutions tailored to their individual needs and circumstances, rather than one-size-fits-all solutions. 

 

Premier Choice Universal Life offers three benefit packages: Plan 99 – Golden Years Reassurance, Plan 80 – Senior Serenity, and Plan 65 – Retirement in Comfort.

 

The plans offer enticing benefits including:

•   A choice of protection either up to the customer’s 99th, 80th or 65th birthday.

•   Total flexibility in choosing a suitable premium level for the financial plan.

•   100% Policy Account Value refund when the policy matures.

•   Golden Years Bonus payable at the age of 75 equaling to 50% of the deducted accumulate charge of insurance for the Main Benefits (applicable for Plan 99).

•   25% of the accumulate interest will be paid every four years.

 

Under these plans, customers also receive supplementary benefits for accidental injuries, critical illness and hospitalization allowing them to live life confidently knowing they are protected.

 

Mr. Lam Hai Tuan, Chairman and Country President of Chubb Life Vietnam said: “We believe that every customer deserves life insurance products that are created to meet their unique needs and financial circumstances. As such, our Premier Choice Universal Life offers three benefit plans that allow customers to select the product most suitable for them, in turn offering real value to our customers.”

 

In addition to a diverse and distinct product portfolio, Chubb Life Vietnam also continues to develop and enhance its digital technologies to ensure a user friendly and superior digital experience for all its customers.

 

*** This document provides only the basic information. Please refer to the Terms and Conditions of the Insurance Policy for more details.

 

About Chubb Life in Vietnam

 

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, Paris and other locations, and employs approximately 33,000 people worldwide. Additional information can be found at: www.chubb.com.

 

Chubb Life is the international life insurance division of Chubb. In Asia, Chubb Life operates in Hong Kong SAR, Indonesia, Korea, Myanmar, 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 2013. 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, and investment-linked insurance solutions through its agents, banks and its wide network of offices. 

 

Additional information can be found at: http://life.chubb.com/vn

 

 

Media Contacts

 

Tran Thi Tuyet Minh

Chubb Life Insurance Vietnam Co., Ltd

+84 (28) 3827 8989 – Ext: 8965

thituyetminh.tran@chubb.com

 

Shilpa Freemantle

Head of Communications, Chubb Life

shilpa.freemantle@chubb.com