Shinhan Life Vietnam launches endowment insurance coverage product


Shinhan Life Vietnam has launched an endowment insurance coverage product with enhanced safety advantages referred to as ‘Shinhan – Tune An Vui’.

The product is a mix of safety and financial savings to offer a complete monetary answer towards dangers, whereas serving to prospects and their households fulfill long-term plans with the backup fund for future wants.

Shinhan Life Vietnam launches endowment insurance product

Shinhan – Tune An Vui’ provides a set of superior options, not solely defending towards three frequent vital diseases, but in addition sharing the burden of hospital payments and surgical procedure prices, in addition to growing safety towards the danger of loss of life or complete everlasting incapacity.

Together with this, the product provides hospital earnings for every day of hospitalisation, doubling the profit when hospitalised in intensive care, and surgical value help for sickness or harm therapy.

The product is designed with numerous contract time period choices from 10 years to 25 years to assist prospects proactively construct monetary plans for themselves and their households.

For vital sickness insurance coverage advantages, the product renders monetary help as much as the complete insurance coverage quantity and exemption of premiums for the remaining interval of the contract when the insured particular person suffers from most cancers, stroke, or coronary heart assault.

Relating to loss of life or complete everlasting incapacity insurance coverage advantages, the product provides 150 per cent cost of the sum assured or complete premium paid, whichever is bigger. As well as, Shinhan Life Vietnam can pay the entire sum assured if the insured particular person has an accident resulting in loss of life or complete and everlasting incapacity.

Along with safety advantages, with financial savings advantages and maturity advantages with a complete quantity paid as much as 150 per cent of the sum assured, the product goals to right away help prospects’ saving plan to construct a stable basis on the journey to compete future targets.

The product is designed with numerous contract time period choices from 10 years to 25 years to assist prospects proactively construct monetary plans for themselves and their households.

Shinhan Life Vietnam launches endowment insurance product

Working in Vietnam from January 2022, Shinhan Life Vietnam has been growing by means of a product portfolio that meets many buyer wants and numerous distribution channels similar to bancassurance and telemarketing channels, company brokers, and cooperation with subsidiaries in Shinhan Monetary Group.

Particularly, the newly launched Monetary Guide channel is predicted to help the corporate in reaching its long-term development targets sooner or later.

With a constitution capital exceeding $96 million coming from Shinhan Life Insurance coverage Company, Shinhan Life Vietnam Insurance coverage has operated in life insurance coverage, medical health insurance, and monetary funding by way of the Ministry of Finance’s approval in early 2021.

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By Anh Duc



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