AIA signs record life insurance contract

AIA Vietnam Life Insurance Co. Ltd. has signed a life insurance policy with the record face value of VND39 billion with a female customer in HCMC. This is the highest coverage the enterprise has signed with individual customers in the country.

AIA Vietnam Life Insurance Co. Ltd. has signed a life insurance policy with the record face value of VND39 billion with a female customer in HCMC. This is the highest coverage the enterprise has signed with individual customers in the country.

According to the insurer, the customer is general director of a service enterprise in District 1. She has chosen the An phuc tron doi package with the annual premium of over VND820 million.

The package is the flexible combination of financial assurance with money saving designed for customers aged from 30 to 60. Customers can enjoy an annual interest rate of 8% on premiums instead of 4% like other life insurance products.

AIA Vietnam in July signed a similar policy with a businesswoman with the coverage of VND35 billion. The insurer has provided six An phuc tron doi policies with the coverage from VND20 billion for local customers.

Tags: AIA, Vietnam insurance, Vietnam insurance industry, Vietnam insurance market

Posted by VBN on Sep 14 2010. Filed under Insurance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry