What is the insurable age of Life Insurance: Phuea Khumkhrong Talot Chip 99/5 ?
1 month old – 65 years old
What is the minimum sum insured of Life Insurance: Phuea Khumkhrong Talot Chip 99/5 ?
How much is the annual premium of Life Insurance: Phuea Khumkhrong Talot Chip 99/5 ?
For those aged 1 month to 65 years old in good health, and sum insured of 100,000 Baht, the annual premium would be:
- Annual premium: 5,064 – 18,620 Baht (Male)
- Annual premium: 4,145 – 17,962 Baht (Female)
Does Life Insurance: Phuea Khumkhrong Talot Chip 99/5 provide cash bonus during the insurance contract ? How ?
When the insured attains the age of 99, the insured shall receive 100% maturity benefit of the initial sum insured. (There is no cash bonus during the insurance contract.)
How is death coverage during the contract of Life Insurance: Phuea Khumkhrong Talot Chip 99/5 ?
100% life coverage of the initial sum insured or the surrender value at that time (whichever is higher) throughout the contract period.
If the insured becomes totally and permanently disabled, will the insured be exempted from premium payment ? How ?
The insured aged 20 – 59 years old will receive the waiver of premium payment of the insured benefit if the insured becomes totally and permanently disabled.
If the insured commits suicide after the contract has been effective for 3 years, will the Company pay benefit to the beneficiary ? How ?
The Company shall not provide coverage if the insured voluntarily commits suicide within 1 year after the contract effective date or the latest date of renewal or reinstatement of the insurance policy. For this case, if the insurance contract has been effective for 3 years, the Company shall pay the benefit to the beneficiary at 100% of the initial sum insured.
Can the insured purchase rider ?
The insured can purchase rider such as Accident Rider, Hospital & Surgical Rider until the age of 60 - 70 depending on each contract. In this regard, underwriting is subject to the Company’s rules.
Is the premium of Life Insurance : Phuea Khumkhrong Talot Chip 99/5 eligible for personal income tax deduction ?
It is eligible for personal income tax deduction according to the Notification of the Director-General of the Revenue Department on Income Tax No. 172 announced on 30 December 2008. The insurance company will issue a certificate of premium payment as evidence for tax deduction.