Your life is constantly changing over time. Look ahead 5 years, 10 years, 20 years and you can see a family filled with love. Universal life insurance product Gia Dinh La Nha will stand by your side regardless of the changes, protecting your family and future.
Universal life insurance product Gia Dinh La Nha helps you be your own master of every moment on the journey to a prosperous future.
- Safe investment with guaranteed interest rate and attractive Loyalty bonus.
- Protection up to 500% of Sum assured against Death/TPD risk (1) due to accident.
- Withdrawals from Top-up premium account with free of charge to help you flexibly balance your financial plan.
- Extra protection benefits for the whole family (2) when participating in riders of Mirae Asset Prévoir.
Note:
(1) Death/TPD: Death/Total and permanent disablement.
(2) To increase family protection, customers can proactively participate in riders as specified from time to time.
Applicable to policies issued from March 12, 2024
- Policy Wordings
- Summary of Policy Wordings & Important points to note
- Leaflet
- Sale illustration Form
- Tariff
Applicable to policies issued before March 12, 2024
| Option | Entry age | Policy term |
| Option 1 | 06 months old – 65 years old | Up to 100 years old |
| Option 2 | 06 months old – 55 years old | Up to 66 years old |
Protection benefits
- In case of Total and permanent disablement or Death: select one of two options:
| Plan A | Plan B |
Pay the higher of:
|
Pay the sum of:
|
- In case of Total and permanent disablement or Death due to Accident (3): Insurance benefits are paid up to 500% of Sum assured.
Note:
The risks of total and permanent disablement and Total and permanent disablement or Death due to Accident is covered up to Policy year which Life assured attains 65 years old.
(3) Additional insurance benefit is selected to buy additionally.
Investment benefits
- Earn investment interest from the Universal Life Fund with a guaranteed interest rate of 2%/year on the Policy Account Value, which creates your peace of mind with a reserve financial fund for future plans.
- Attractive Loyalty bonus benefits are paid at the end of every 4 years, helping you quickly consolidate and increase the savings fund of yourself and your family.
| Policy year | 4 | 8 | 12 | 16 | 20 |
| % average Annualized Target Premium | 6% | 12% | 18% | 24% | 30% |
Maturity benefits
Receive 100% of the Policy Account Value when the Policy matures if there are no insurance events occurring during the policy term until the Maturity Date.
- Policyholder and Insured need carefully read the Brochure, Sale illustration form, summary of Policy Wordings, and points to note before purchasing this life insurance product;
- Policyholder and Insured must declare complete and truthful information and notify when there are changes in information related to the Policy. In case the Policyholder/Life Insured (or the Insured's legal representative) intentionally provides incomplete information or provides false information in order to enter into an Insurance Policy to receive compensation and insurance payments, then the Company has the right to cancel the Insurance Policy. In this case, the Company does not have to compensate or pay insurance claim and will refund the entire Insurance Premium, without interest, to the Policyholder after deducting:
+ Medical examination costs (if any); and
+ Paid insurance benefits (including insurance benefits of riders) (if any).
In addition, the Company has the right to request the Policyholder/Insured to compensate for damages incurred (if any).
- Policyholder and Life Insured need to notify MAP Life in writing if there is any change in: Contact address, contact phone number, email address, full name or ID card, age/gender, occupation, leaving Vietnam's territory for 60 consecutive days or more.
- Policyholder should maintain full and timely payment of premiums. Failure to pay the Insurance Premium in full and on time during the first 4 policy years of cause the Policy to become lapsed.
- From the 5th policy year, reducing/suspending premium payments for a long period of time, or withdrawing money from the Account Value may result in the policy lapse.
- Insurance benefits will not be paid during the Policy lapse period.
- The Company will not pay Insurance Benefits in case of Exclusion of Insurance Liability.
- Entering into an Insurance Policy is a long-term commitment. Policyholder's early cancellation of the Insurance Contract can lead to many financial losses for customers. Please see details about allocation charges and surrender charge described in Policy wordings.
- Participation in riders is not a mandatory condition to participate in or maintain the validity of the main product policy.
- Participation in life insurance products is not a mandatory condition to perform financial activities and services at credit institutions or other organizations or units.
- The Company is entitled to deduct unpaid Debts before paying the Surrender Value or Insurance Benefits under the Insurance Policy.
