Generali Vietnam launches VITA-Song Tu Tin with superior features
Generali Vietnam Life Insurance LLC (Generali Vietnam) has officially launched their new product called VITA-Song Tu Tin promising to quickly become customers’ favorite, similar to other well-known products previously offered by Generali Vietnam with optimal flexibility.
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Aside from the regular annual premium payment plan, customers can opt for upfront payment for the first four years to enjoy a complete waiver of initial premium fee from the second year onwards, and hence quickly build up their accumulative investment value.
When supplemented with additional protection, customers can be assured of up to VND1 billion ($44.1 million) per annum per person of medical expense reimbursement and up to a maximum of 500 per cent protection benefits.
In addition, with VITA-Song Tu Tin, Generali Vietnam will continue to provide protection for customers for 24 months from the date the insurance contract lapses, regardless of reasons. This is a unique feature introduced for the first time in the Vietnamese insurance market.
In addition to the aforementioned superiorities, VITA-Song Tu Tin is also a breakthrough in terms of the transparency and simplicity of the contract’s terms and conditions, allowing for easy understanding and reference. Last but not least, Generali Vietnam made great efforts to minimise coverage exclusions with an aim to maximise protection and peace of mind for their customers.
“Being a “Simpler, smarter, and customer-centric” brand, Generali Vietnam has made a significant effort to develop VITA-Song Tu Tin with an aim to provide our customers with unique, superior, and comprehensive protection and investment benefits, so that our customers can have the peace of mind and confidence to focus on the pursuit of more important plans and ambitions for themselves and their families,” said Tina Nguyen, CEO of Generali Vietnam.
After six years of operations, Generali Vietnam currently has approximately 160,000 clients, including individuals and insured members of domestic and foreign businesses in Vietnam.
Generali Vietnam is also one of the fastest growing companies in Vietnam’s life insurance sector in terms of revenue and within the entire Generali Group in 2015 and 2016.
To keep up this momentum and enlarge the scale of operations in Vietnam, Generali Vietnam has recently increased its chartered capital to VND2.85 trillion ($125.7 million) and is now among the companies with the highest chartered capital in the life insurance market.
