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Manulife launches Premium Term – a five-year guaranteed life insurance protection plan Ho Chi Minh City – Manulife introduced its new Premium Term insurance plan to offer customers looking for high life insurance protection, a cost-effective solution if they only require a short-term policy. Manulife’s first non-participating product, Premium Term, has a unique five-year coverage period and includes a number of guarantees. “This is the perfect solution for those with short term savings and protection needs,” said David Matthews, General Director, Manulife Vietnam, at the press conference today. “Premium Term offers all the regular features of a basic term policy, but with added benefits including guaranteed cash values during the term and policy loan features.” Premium Term also offers a money-back guarantee. If no claim of death benefits is made during the policy term, all premiums will be returned to the customer.* *based on annual payment mode Flexible and customized protection benefits can also be added to the basic plan through optional riders, such as Personal Accident insurance. The launch of Premium Term once again delivers on Manulife’s strategy of providing Vietnamese with leading financial protection and wealth management products to meet their changing needs. “We are proud to be at the leading edge of insurance product development in Vietnam,” added Mr. Matthews. “Being a premier life insurance provider, backed by more than 100 years of experience in Asia and a well-respected global reputation, Manulife is committed to providing Vietnamese customers with world-class products and services.” About Manulife (Vietnam) Limited Manulife Vietnam – the first 100 per cent foreign-owned life insurance company in Vietnam – provides financial services to more than 150,000 customers through a network of more than 6,000 professionally qualified agents. Manulife has been operating in Vietnam since June 1999. About Manulife Financial Manulife Financial is a leading Canadian-based financial services group operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial were Cdn$ 139.2 billion as at September 30, 2002. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com. - 30 - For further information, please call: Hang Luu Marketing Manager Manulife (Vietnam) Limited Tel: (84-8) 825 7722 Ext. 2502 Fax: (84-8) 825 7718 E-mail: Hang_Luu@manulife.com |
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