Education Products

Product code: C12

Được phê chuẩn theo Công văn số 2067/BTC-QLBH ngày 16/02/2011 của Bộ Tài Chính

Product Feature
  • With Cathay Advanced Child Education, Cathay Life Vietnam proudly introduce to you the best solution to make the promise to your children come true: "We will bring you the best future".
  • Furthermore, with this product, you can completely rest assured because everything you have planned for your children will be carried out, no matter if risks may come unexpectedly.
  • Non-participating product.
Insurance Benefit

1. Policy Owner

  • Death / Total & Permanent Disability (TPD) Benefit:
    Waive future premiums.
  • Graduation Cash Benefit:
    (if Policy Owner dies or becomes totally and permanently disabled and Insured is still alive):
    Age of Insured 01~12 13~15 16~18 19~21
    % Sum Assured 10 20 25 30

2. Insured:

  • Death / Total & Permanent Disability (TPD) Benefit:
    Max (120% Sum of Annual Modal Premiums Paid, 100% SA).
  • Maturity Benefit:
    100% SA.
  • Education Benefit:
Age of Insured 12 15 18 19 20 21
% Sum Assured 15% 15% 25% 15% 15% 15%

 

  • Interest Feedback:
    It will be calculated at the end of every policy year during premium paying period.
    Formula: (Ut + Ut-1) ÷ 2 × (ADR - IR).
    Ut: Cash Value at the end of year t.
    ADR: 12 month Average Declared Interest Rate.
    IR: Insurance Interest Rate.
Rules of Purchase
  • Insurance Term:
    Until LA is 22 years old.
  • Premium Paying Period:
    Until LA is 18 years old.
  • Insurance rate:
    10.0%.
  • Age Limit:
    • Age of LA:
      Min: 0.
      Max: 10.
    • Age of PO:
      Min: 18
      Max: 45.
  • Payment Mode:
    Monthly, quarterly, semi-yearly, yearly.
  • Premium Limitation:
    Min: 300.000 VND each payment (include the sign insurance policy and all other attached riders).
  • Sum Assured Limitation:
    Min: 10 million.
    Max: 600 million.
  • Substandard policy:
    PO: Substandard is not allowed.
    LA: Short term (reduce the sum assured for first 1 ~ 5 year).
  • Rider: All riders, except R05.
  • Note:
    When the Death / TPD benefit for Life Insured or Maturity benefit is paid, policy will be terminated.
Riders
Content of this page is only for product introduction. For more details, please refer to the Terms and Conditions of the policy.