The new solution is designed with features to meet the needs of people in Vietnam for both effective risk management planning and for investment opportunities that can generate a sustainable increase in financial assets.The new solution is designed with features to meet the needs of people in Vietnam for both effective risk management planning and for investment opportunities that can generate a sustainable increase in financial assets.
Mr. Nguyen Hong Son, Country President of Chubb Life Vietnam, said: "Premier Variable Universal Life helps diversify the portfolio of financial solutions for Chubb Life Vietnam’s customers. The new product not only equips customers with a comprehensive shield, protecting themselves and their families against unexpected risks, but also provides them with the opportunity to perfect their long-term financial plans when investing into equities and bonds through qualified investment funds aiming to optimize profitability.”
The Unit-Linked Insurance Plan - Premier Variable Universal Life inherits the superior protection features of Chubb Life Vietnam’s insurance products, helping the customers meet the needs of multi-faceted protection with three benefit packages: Plan 65, Plan 80 and Plan 99. Furthermore, with a set of insurance riders designed to accompany this product, customers can tailor their plan to further protect themselves and their families more comprehensively against the risks of accidents, incurable diseases or medical treatment.
In terms of investment, the Unit-Linked Insurance Plan - Premier Variable Universal Life offers customers the opportunity to increase their asset values with potential long-term profitability. This product has a flexible feature that allows customers to actively choose investment ratios in accordance with their expectations and risk appetite through three fund options: Sustainability, Balance, and Growth with investment strategy from prudent to risky, and they can easily change the investment rate at any time to cater for fluctuations in the financial market. The investment portfolio will be managed by experienced and trusted investment fund experts from VinaCapital at a competitive fund management fee.
In addition, the flexibility of the product is clearly reflected in the fact that customers have the right to actively select the additional investment amount in accordance with their financial plans.
Under this new product, Loyalty Bonuses and Golden Age Bonuses are also offered to the customer for Premium Account’s value increase.
“The new Premier Variable Universal Life product once again affirms our strategy in providing distinctive protection solutions for our customer’s diversified and changing needs. We understand the customers’ insight and want to make sure our protection solutions fit their right demand at the right time.” - Mr. Nguyen Hong Son added.
Additional information can be found at: https://www.chubb.com/vn-vn/personal/premier-variable-universal-life.html
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