News from Hanwha Life Vietnam
Interest rates
Hanwha Life Vietnam would like to declare the Reversionary Bonus rate for fiscal year 2020 as follows:
| Reversionary Bonus rate 2020 | |
|---|---|
| An Sinh Tích Lũy Toàn Diện (Anticipated Endowment with increasing cash benefit) | 1.0% |
| An Sinh Vinh Hiển Toàn Diện (Scholar's Choice Endowment) | 0.5% |
| An Khang Bách Niên Toàn Diện (Endowment with Annuity Income Benefit) | 1.0% |
To be consistent with the interest rate in the Market, Hanwha Life Vietnam would like to introduce the Loan interest rate for all products and Cash benefit for Traditional products, Re-instatement charge, valid from 01/02/2020:
| DECLARED INTEREST RATE 2020 | |
|---|---|
| Cash benefit rate for Traditional products | 5.0%/year |
| Loan interest rate | 8.5%/year |
