Life Insurance: Whole Life 99/5

5-year premium payment period, get covered until attaining the age of 99, and tax deductible

Receive 100%* maturity benefit


Short-term premium payment, long-term coverage

5-year premium payment period, long-term coverage until attaining the age of 99

Upon contract maturity

Receive 100% maturity benefit

Eligible for tax deduction

For life insurance premium only

*According to the Notification of the Director-General of the Revenue Department on Income Tax No. 172 announced on 30 December 2008

Insurance Details

Coverage period

Until attaining the age of 99

Premium payment period

5 years

Premium payment mode

Quarterly, semiannual or annual

Insurable age

1 month - 65 years old

Minimum sum insured

100,000 Baht

Additional condition

Able to purchase rider

Remark :

Benefits and coverage are in % of the initial sum insured.

Benefits

Remark

% benefits and coverage of the sum insured as of the contract start date.

Coverage
  • When reaching contract maturity, receive 100% maturity benefit of the initial sum insured once attaining the age of 99
  • Receive 100% life coverage of the initial sum insured or the surrender value at that time (whichever is higher)
  • Waiver of premium payment in case the insured becomes totally and permanently disabled*

*Waiver of Premium for Insured Benefit Rider (for insured aged 20-59 years old)

Exclusions
  1. In case the insured commits suicide by own will within one year from the insurance contract formation date or the latest date of renewal or reinstatement date of the insurance policy.
  2. In case the insured is murdered intentionally by the beneficiary.
  3. In case the insured misstates their age and the Company can prove that the actual age on the date of insurance contract formation is outside the premium rate limit according to the Company's normal business practice.
Life Insurance Provider

Life Insurance Company

Muang Thai Life Assurance Public Company Limited

Life Insurance Broker

KASIKORNBANK Public Company Limited as the brokerage firm
License No. Chor. 00024/2546

Remarks

  • Benefits and coverage are in % of the initial sum insured.
  • Life insurance premium of this insurance plan 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.
  • Benefits, coverage and exclusions shall be in accordance with the conditions stated in the insurance policy.
  • Underwriting is subject to the Company’s rules.
  • KASIKORNBANK PCL, as life insurance broker, presents life insurance products and facilitates payment of premium only. Muang Thai Life Assurance Public Company Limited is responsible for the conditions, coverage and entitled benefits as stated in the insurance policy conditions.
  • Warning: Buyer should have an understanding in details of the coverage and conditions before making a decision to purchase an insurance every time.

Frequently Asked Questions

What is the insurable age of Life Insurance: Phuea Khumkhrong Talot Chip 99/5 ?
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 ?
Does Life Insurance: Phuea Khumkhrong Talot Chip 99/5 provide cash bonus during the insurance contract ? How ?
How is death coverage during the contract of Life Insurance: Phuea Khumkhrong Talot Chip 99/5 ?
If the insured becomes totally and permanently disabled, will the insured be exempted from premium payment ? How ?
If the insured commits suicide after the contract has been effective for 3 years, will the Company pay benefit to the beneficiary ? How ?
Can the insured purchase rider ?
Is the premium of Life Insurance : Phuea Khumkhrong Talot Chip 99/5 eligible for personal income tax deduction ?