The award recognizes Generali Vietnam’s success in product strategy, which aims to meet customers’ increasing demands. — Photo courtesy of the company

HCM CITY — Generali Việt Nam has been honoured in the “Top 100 best products and services for families and children” awards for its pioneering education-focused unit-linked insurance solution, VITA – Cho Con (VITA – For Our Children).

VITA – Cho Con effectively combines protection and investment to offer customers exceptional and unprecedented benefits associated with the learning and development process of their children.

The product provides customers and their families with comprehensive protection against the risks of death, and total and permanent disabilities (TPD). For the first time in Việt Nam’s insurance market, in addition to the premium waiver benefit upon a parent’s death/TPD or critical illness, Generali guarantees to issue a new insurance policy for their child without any underwriting required with a sum assured of up to VNĐ10 billion.

As an education-focused unit-linked insurance solution, VITA – Cho Con offers many attractive bonuses to increase the value of the customer's account, including the Regular Bonus of up to 11 per cent of the average target premium account. This is the highest bonus in the market compared to other similar insurance products up to now.

In addition, VITA – Cho Con offers policyholders great flexibility in determining the premium amount, sum assured and investment allocation in accordance with their risk appetite. Customers can flexibly adjust their investment plan (fund switch, fund withdrawal, top-up investment, premium holiday) when needed.

“The award recognises Generali Vietnam’s success in product strategy, which aims to meet customers’ increasing demands. This recognition is also a strong testament to our ambition of becoming a “Lifetime Partner” to millions of Vietnamese families by offering innovative insurance solutions, distinguished for their comprehensive benefits, transparent terms and conditions, competitive premiums, as well as market-leading customer experience,” said Vinay Dhareshwar, Acting CEO of Generali Việt Nam.

Established in Việt Nam in 2011, Generali Việt Nam is serving nearly 500,000 clients through its distribution channels and a nationwide network of more than 100 GenCasa (agency offices) and customer service centers across the country. — VNS