Called Pru-Bao ve toi da, this universal life insurance product offers protection up to 80 times the annualised target premium, along with guaranteed interest rates, flexible plan options, and bonus incentives aimed at long-term financial planning.
The product is available to customers aged between 30 days and 70 years, offering a maximum coverage level that ranks among the highest in the market.
Policyholders can choose between Basic and Advanced plans and have the flexibility to switch between them without modifying the premium payment.
According to Luong The Vinh, Head of Product at Prudential Vietnam, the product was developed in response to market research, targeting growing customer demand for practical and adaptable insurance solutions that accommodate life changes.
To support customers' financial goals, the policy includes several bonus incentives. These include a loyalty bonus awarded on the 10th and 15th anniversaries and every five years thereafter, and a retention bonus granted on the 20th anniversary and every five years thereafter, reported VnExpress.