AIA Vietnam has rolled out its key An Phuc Hung Gia insurance product.
It allows customers to make long-term financial plans and enjoy financial sources to meet short-term needs.
AIA Vietnam said the new product provided cash every three years during the duration of the contract to support customers to meet their short-term financial needs.
The announced insurance interest rate applied for the product of An Phuc Hung Gia can be up to 3.25 per cent, per year calculated on the insurance money and the commitment will not be lower than 2 per cent, per year. This is a high rate compared to others in the current market.
Furthermore, An Phuc Hung Gia will also pay 200 per cent of the insurance money in the event of unexpected death.
In addition to the introduction of the products, AIA is also paying attention to building up its pool of professional agents and continue to increase the customer service quality.
“Those are the factors that helped AIA Vietnam affirm its trust in the market and its direction to become the preferred life insurance company in Vietnam in the not too distant future,” Stephen Clark, chief executive of AIA Vietnam, said.
An Phuc Hung Gia is designed for insured people who are from 30 days to 65 years old, and provides the customers with feasible choices in terms of contract timeframe which is nine, 12, 15 and 18 years.