Life Insurance Benefits

• Life insurance provides financial security for you and your family against unforeseen risks, allowing you to enjoy life and build a stable future.
• It offers financial, healthcare, and emotional support.

Life Insurance Benefits

• 7 life insurance benefits to consider after enrollment:

Disability/Death Coverage

• Critical in life and personal accident insurance, providing compensation if the insured is injured or dies due to accidents or causes specified in the policy.
• Generali Vietnam may pay up to three times the insurance amount.
• Coverage varies according to the conditions of insurance
• Usually covers traffic accidents, workplace accidents, or daily life accidents.
• Exclusions include:
• Criminal acts by the insured/beneficiary/buyer leading to the accident.
• Usage of stimulants/unprescribed drugs.
• Driving under the influence of alcohol/drugs.
• To claim compensation:
• Insured must immediately inform the company of the incident and provide relevant documents, such as accident reports and medical/death certificates.
• The insurance company reviews the information and decides on payment.

Protection Against Cancer and Critical Illnesses

• Protects individuals from critical illnesses such as cancer, heart attack, stroke, and severe encephalitis.
• Provides financial support for medical expenses.
• Generali Vietnam's VITA - Sống Lạc Quan product protects against 111 critical illnesses:
• Multiple payouts up to 600% of the sum insured.
• Protection against death up to VND 500,000,000.
• Periodic financial support for cancer (2.5% of sum insured/year, up to 4 times).
• Periodic health check-up support up to VND 3 million every three contract years.
• Medical care fund up to VND 1 billion/year/person.
• Waiver of premiums if diagnosed with a critical illness.
• Guarantee of hospital fees at over 360 clinics and hospitals nationwide.
• This benefit covers:
• Childhood critical illnesses.
• Diabetes complications.
• Early and advanced-stage critical illnesses, and cancer.
• Supports treatment through modern methods, medication, hospitalization, or aftercare.
• Exclusions include:
• Death within 14 days of critical illness diagnosis.
• Pre-existing conditions diagnosed before the supplementary insurance contract came into effect or within 90 days (except for accidents).
• Suicide or self-inflicted injuries within two years of the effective date.
• Use of unprescribed drugs or addictive substances.
• Pre-existing medical conditions not declared and accepted.
• To complete the claim:
• Patients must provide medical records and relevant documents to ensure accurate processing and timely support.

Healthcare Benefits

• Necessary for illness and injury prevention.
• Generali Vietnam's Vita - Sức Khỏe Vàng offers benefits such as:
• Coverage of actual costs for inpatient, outpatient, dental, and maternity care up to VND 2.5 billion/year.
• Double the coverage limit for cancer, heart attacks, and strokes (up to VND 1.2 billion/year).
• Coverage of actual costs for advanced cancer treatments.
• Support for hospital and medical fees, including room charges, surgery, and intensive care.
• Guarantee of hospital fees at 360+ facilities nationwide.
• Exclusions include:
• Pre-existing conditions.
• Hospitalization outside the scope of coverage.
• Driving under the influence.
• Participation in hazardous activities.
• Criminal acts by the insured or beneficiary.
• Claim requirements involve providing medical records and related invoices/documents for verification and approval.

Investment Benefits of Unit-Linked Products

• Unit-linked insurance combines protection and investment, protecting against risks and providing investment opportunities.
• The company invests part of your premiums into a unit-linked Fund, increasing long-term value for customers, according to Circular 52/2016/TT-BTC
• These products generally include risk insurance benefits and investment benefits:
• The risk insurance benefits are agreed upon by the insurance company and the policyholder, suitable for the sum insured, and are at least 125% of total premiums. The minimum benefit for death does not apply to additional insurance premiums.
• Insurance companies may provide supplementary product packages for unit-linked insurance, with fees agreed upon during contract signing.
• Investment Benefits:
• The policyholder benefits from the investment outcomes of the unit-linked Fund, based on the minimum investment rate stipulated.
• Risk insurance benefits encompass death, injury, and critical illness. The investment income is tracked in financial reports or periodic announcements by the insurance company.

Benefits for Children

• Life insurance can protect and support children in case of parental injury or death.
• The insurance company provides funds to cover living expenses, tuition, and essential needs.
• VITA - Cho Con by Generali Vietnam allows parents to ensure their children's education and build assets via two leading fund management companies: VinaCapital and Dragon Capital.
• It offers periodic bonuses up to 11% of the account value and rewards for academic achievements and provides flexibility in managing fees and investments, allowing customers to adjust their plans.

Maturity Benefits

• Upon contract maturity, the company returns the principal and interest (if any) if no insurance event has occurred.
• The amount received depends on the insurance package, premiums, interest rates, and accumulated bonuses.
• This payout can be used for major expenses like buying a car, house, traveling, starting a business, or funding a child's education.

Other Increased Benefits

• These benefits increase the contract's value each year via bonuses and profit-sharing, added to the contract's account value.

Tips for Buying Life Insurance

• Choose a reputable insurance company, understand policy terms, and consider your financial needs to select the right plan.
• Apply early to benefit from preferential rates, provide accurate information when signing the contract, and review the contract yourself rather than relying solely on the consultant.
• Understanding and choosing the right life insurance benefits are vital for financial security, healthcare, and peace of mind for you and your family.