Invest for your child future with Vietcombank

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  • Sep 05, 2014

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) in collaboration with Vietcombank Cardif Life Insurance Co. (VCLI) officially launches Educare insurance product in the whole Vietcombank network.

Educare is an endowment life insurance product which is tailor-made by VCLI. The product aims at parents who care about financial planning, savings for their child’s future when the children become adult. Customers can enjoy peace of mind as well as find out an effective method to protect their children against future unexpected events.

Customers can join in Educare plan with policy value at least of VND 20 million or USD 1,000. When the child attains from 18 to 21 years of age, each year, 25% of cover amount will be paid back to customers to face the cost of education. Last installment will come with all accrued bonus (guaranteed and non-guaranteed). In case, customers prefer a lump Sum amount instead of 4 installments, VCLI will pay 90% of cover amount + accumulated bonuses and all cover will end immediately.

The child’s education planning should be worry-free whatever happens to customers such as immediate payment of full Cover Amount (Sum Assured) and accumulated bonus, no need to pay all future premiums until the child attains 18 years-old and ensuring child’s future with 4 installments as per the original repayment schedule from 18 to 21 years of the child.

Joining in Educare, customers receive guaranteed bonus of 3% of cover amount up to the 18 years of the child. In addition to this, non guaranteed bonus, if any, is also offered up to the end of the cover.

For further information, please contact the nearest Vietcombank transactions or our Customer Services 24/7 at 1900545413.

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