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Product code: C13
Được chấp thuận theo Công văn số 11468 /BTC-QLBH ngày 27 tháng 08 năm 2012 của Bộ Tài chính
With a strong belief and a commitment for making your life better, Cathay Life Viet Nam always gets along with you under any circumstances.
According to the above concept, we kindly introduce to you a new product “Cathay Advanced Term Life” with many advanced benefits:
In case of unexpected events lead to Death or Total And Permanent Disability, Beneficiary (ies) will receive 100% of the Incremental Sum Assured corresponding to the Policy Year during payment term.
The Company will additionally support 100% of the Sum Assured to the Beneficiary(ies) if the Insured unfortunately becomes Death or Total And Permanent Disability by accident.
At the Maturity Date, the Company will pay Maturity Benefit equal to 110% of the total annual paid premium as a gift for you and your family
SA : Sum Assured
Incremental Sum Assured: In the Premium paying period, the Incremental Sum Assured is equal to 100% SA plus the accrued interest that is equal to 10% SA for each policy year. After Premium Paying Period, the Incremental Sum Assured will be equal to the amount of Sum Assured in the following table :
|Policy term||15 year||20 year||25 year|
|Incremental Sum Assured||200% SA||250% SA||300% SA|
TPD: Total and Permanent Disability
Mr Nguyễn Văn A, 35 years old, buys Cathay Advanced Term Life with Sum Assured 42 million VND. The Premium Paying period is 15 years corresponding to Policy term: 20 years. Annual premium for this Product: 2.982.000 VND
Illutration of Insurance Benefits
|Cash Return Benefit||49.203.000 VND|
|Death or TPD Benefit*||46.200.000 ~ 105.000.000 VND|
|Additional Accidental Death or TPD Benefit||42.000.000 VND|
|Accumulated interest feedback**||12.097.000VND|
(*) TPD : Total and Permanent Disability
(**)Accumulated interest feedback is calculated with declared interest rate assumption 11.5% during policy term.
Premium paying period : 10, 15, 20 years
Policy Term: 15, 20, 25 years corresponding to the policy term 10, 15, 20 years
Age of entry : 0 ~ 50 years old
Max age at maturity: 65 years old
Payment mode : monthly, quarterly, semi annual, annual payment