Short Term Endowment

What are you goals in the next 6 to 10 years? A car, a lovely apartment, an interesting wedding or an overseas trip for the whole family…With the current health and financial capacity, you believe the targets to be reached easily. However, contingencies can make your origin targets and intentions to go down. Korea Life’s honored to present the Short-term endowment – a fool-proof plan for 6-to-10-year plans.

A- The Solid Ground to Complete the Short-termed Plans

Short term endowment - a disciplinary plan- will definitely help you to achieve your goals. After accumulation period, your yield is 100% Sum Insured - a guaranteed amount for the goals of which you dreamt 6, 7, 8, 9 or 10 years ago.

B- The Predominant Flexibility in Planning

Unlike the existing insurance products that aim at over-ten-year Policy terms, the Short-term endowment is designed with the policy terms ranging from 6 to 10 years with comparable premiums, which is extremely suitable for your short termed plans. Moreover, you can be flexible in choosing the premium-paying options based on your plans:

      • The regularly paid premium mode; or

      • You can pay single premium at entry and enjoy the maturity benefit at expired.

Especially, you can be entitled to premium discounts for regularly paid Policies whose Sum Insured is above VND 100 million.

C- The comprehensive protection plan

The Short-term endowment provides the comprehensive protection to you and your loved ones throughout the Policy term against unforeseen risks with the benefit of 100% Sum Insured.

Besides, you can attach additional riders to enhance protection benefits at affordable cost, such as Accidental Death and Disablement rider, Dependent Support rider, Term rider…

 Some additional information:

      • Age at entry : 0 – 59

      • Maximum expired age : 65

      • Policy term : 6, 7 , 8, 9 or 10 years

      • Premium terms : regular premium or single premium

      • Minimum Sum Insured : VND 40 million

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