Manulife Vietnam launches new 3-in-1 family finance solution

January 13, 2015 | 12:12
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Manulife Vietnam, a leading life insurer in Vietnam, yesterday announced the launch of an innovative 3-in-1 financial solution- Manulife – My Beloved Family, offering families a combination of comprehensive protection, product flexibility and attractive long-term savings.

Manulife – My Beloved Family is designed to provide clients and their families with comprehensive insurance protection against life’s unexpected risks, such as death, accidents, disability, major diseases and hospitalisation, through a broad range of optional benefits at affordable cost.

The package comes with a high degree of flexibility to address clients’ diverse and changing financial needs.

Clients can actively choose and adjust face amounts or change the protection and savings elements.

Clients also have flexibility in paying premiums, including the option to increase their savings component through top-up payments.

Clients may also make partial withdrawals after the first policy year to provide liquid funds in case clients need short-term cash.

Manulife – My Beloved Family also serves as an attractive and secure long-term savings vehicle for customers by crediting interest on the account value.

This provides the opportunity to accumulate funds, while at the same time providing security through a minimum guaranteed interest rate.

Besides, clients are rewarded with a loyalty bonus starting at the end of year five and every year thereafter, subject to certain conditions.

“This is an innovative product, providing the triple benefits of comprehensive protection, product flexibility, and attractive long-term savings,” Paul Nguyen, CEO of Manulife Vietnam.

“We bring these three strengths together in a single product to provide clients and their families with peace of mind and financial security at different life stages. This reinforces the company’s commitment to expanding and diversifying our product portfolio and providing solutions to clients’ diverse and changing need,” Nguyen added.

By By Mai Thuy

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