Shinhan Life Insurance Việt Nam Limited Liability Company (Shinhan Life Việt Nam) has officially launched its new regular premium universal life product, branded as Universal Life Product Shinhan – An Thịnh. The launch is a continuation of Shinhan Life Việt Nam’s commitment to ‘Enhance the Quality of Life through Innovation’.
This product is designed to be a ‘Lifetime Companion,’ providing a combination of risk protection and investment opportunities. It offers coverage until the age of 99, aiming to provide customers and their families with peace of mind and a secure financial foundation for the future.
The introduction of Shinhan – An Thịnh offers a solution that merges comprehensive protection, investment benefits, and additional rewards. This is particularly relevant in the current volatile socio-economic environment, meeting customers’ needs for risk prevention and financial security.
Bae Seung Jun, General Director of Shinhan Life Việt Nam, stated, “At Shinhan Life Việt Nam, we diversify our life insurance products to meet the specific needs of different customer segments, aiming to provide a fulfilling and happy life experience. With Shinhan – An Thịnh, customers can freely plan their financial future while staying protected against unexpected risks such as death or total and permanent disability.”
In addition to risk protection, policyholders can earn investment returns based on the performance of the Universal Life Fund. Importantly, guaranteed interest rates will not fall below the minimum guaranteed interest rate specified in the insurance contract.
Furthermore, customers will enjoy attractive rewards, including Loyalty Bonuses after the fourth year and every four years up to the 20th year. Special bonuses are also available at the end of the 10th and 20th years, which contribute to increasing the policy account value over time. Notably, at age 80, customers will receive a long-life bonus equivalent to 20% of the sum assured, up to VNĐ300 million per contract.
Shinhan – An Thịnh also offers flexible premium payments from the fourth policy year onwards. Customers can proactively enhance their policy account value through additional investments, and they have the flexibility to withdraw from the excess premium account value to meet various needs at different life stages without incurring any withdrawal charges.
With a sustainable development strategy, Shinhan Life Việt Nam focuses on providing life and health insurance products and enhancing customer experiences through digital transformation. The company is dedicated to protecting customers’ health and financial well-being. Shinhan Life Insurance Vietnam Limited Liability Company has been operating in Việt Nam since January 2022, with a charter capital of VNĐ2.32 trillion.
