Ho Chi Minh City, May 12nd 2021 – Chubb Life Insurance Vietnam Company Limited (“Chubb Life Vietnam”) today announces the launch of Premier Youth Universal Life insurance. The new product is designed to support parents who want to protect their children from unforeseeable health challenges and invest in their future.
Mr. Lam Hai Tuan, Chairman and Country President of Chubb Life Vietnam, said: “At Chubb Life Vietnam, we understand that parents only want the best for their children. The ‘best’ means being there for their children at every stage of their lives, which is why we have created Premier Youth Universal Life. The plan aims to provide comprehensive protection for children so both the parents and children can fully enjoy life with peace of mind. The plan also provides safeguards for guardians and therefore ensures a bright, secure future for the next generation.”
Premier Youth Universal Life is a lifelong health and financial protection solution for young children, providing coverage from when the child is one-month-old until they are 99 years old. The solution includes all of Chubb’s signature Universal Life insurance product and other benefits, such as coverage of 14 critical illnesses most commonly found in children.
Furthermore, customers can enjoy investment benefits and have the total freedom and flexibility to accumulate and withdraw their savings without incurring any additional charges. They can also choose from various payment frequency depending on their financial situation.
“Chubb Life Vietnam continues to develop distinctive protection solutions for our customer’s changing needs. We are proud this product is one of the few on the market that provides extensive protection benefits related to critical illness and injury for children from the age of one-month-old”, Mr. Lam Hai Tuan added.
Additional information can be found at: https://www.chubb.com/vn-vn/personal/premier-youth-universal-life.html
*** This document provides only the basic information on Premier Youth Universal Life. 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 31,000 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, health, savings, and investment-linked insurance solutions through its agents, and its wide network of offices.
Additional information can be found at: https://life.chubb.com/vn