Manulife Vietnam has launched Xanh Phú Quý (Evergreen Prosperity), a new generation unit-linked life insurance product designed to meet the growing demand for financial protection, long-term investment, and multi-generational wealth creation.
As Vietnamese consumers increasingly focus on long-term wealth accumulation and financial planning for their families, solutions that combine insurance with investment opportunities are attracting growing interest.
The product offers a comprehensive financial solution that combines life protection with the potential for long-term asset growth through professionally managed investment funds, with a premium payment period starting from just five years.
It enables customers to protect their finances against unforeseen risks while accumulating wealth through long-term investment in professionally managed unit-linked funds.
The product offers several key features designed to support long-term financial planning such as a combination of life protection and long-term investment in one financial solution, short premium payment period starting from five years, the ability to make periodic withdrawals from year 11 and supporting long-term financial goals such as education planning or retirement.
Other features include the ability to transfer the insurance policy to the next generation, enabling wealth continuity across generations, access to professionally managed unit-linked funds, leveraging the power of long-term investing and compounding interest and an optimised fee structure designed to enhance long-term investment efficiency.
These features allow customers to build and manage long-term assets while laying the foundation for sustainable family wealth across generations.
Ms Tina Nguyen, CEO of Manulife Vietnam, said, “Customers today are not only looking for protection against life’s uncertainties but also for solutions that help them build and grow long-term assets for themselves and their families.
"With Xanh Phú Quý, Manulife aims to provide a solution that protects customers starting today while helping them steadily accumulate wealth and build a financial legacy for future generations,” she said, reported Viet Nam News.