FWD Vietnam Life Insurance Company Ltd. ("FWD Vietnam") has officially launched FWD Double Assets 2.0, a new investment-linked product which provides investment benefits and increases the maximum protection coverage to 380% of the sum assured.
In the case of total permanent disability or death due to accidents, FWD will pay an additional amount equal to 100% of the sum assured which increase protection benefits and provide customers and their families with prompt financial assistance. FWD Double Assets 2.0 also maintains distinct benefits such as the automatic increase of the sum assured every three years without the need for medical re-underwriting or changes to the target premium, thereby meeting the increasing protection needs of customers, especially as they age.
In addition to significant protection benefits, FWD Double Assets 2.0 offers the flexibility of investment with an increased number of funds to six funds managed by SSIAM (SSI Asset Management Company Limited) and VCBF (Vietcombank Fund Management) and range from low to high risk (Conservative, Accumulative, Progressive, Aggressive, Strategic, Growth).
Customers can easily choose to increase their investment, convert funds, change allocation rates, or withdraw money online anytime, anywhere, with just a few simple steps.
Mr Vuong Gia Vu, Chief Finance Officer of FWD Vietnam, said: "FWD Double Assets 2.0 gives customers the flexibility to choose their protection coverage and provides diversified investment portfolio options, allowing customers to design a financial plan that meets their unique needs and match their risk appetite. We hope that our product’s combination of investment benefits and modern technology application will fulfil the different needs of our customers and provide them a positive experience with FWD."
Customers participating in FWD Double Assets 2.0 will also receive periodic policy persistency bonuses to allow for growth of account value over time. Additionally, the product provides special bonuses with a 100% risk premium refunded in years 10, 15 and 20 of the policy.
About FWD Vietnam
FWD Group is a pan-Asian life insurance business with approximately 10 million customers across 10 markets, including some of the fastest growing insurance markets in the world.
FWD Vietnam was established in 2016 and is a member of FWD Group. FWD is focused on making the insurance journey simpler, faster and smoother, with relevant and tailored propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance.
For more information please visit www.fwd.com.vn
Mr Nguyen Ngoc Thuy
Phone: (028) 6256 3688