Life Insurance: Endowment 1525
Plus annual refund.
Get a 1% annual refundfrom years 1 through 24
Only life insurance premiums
Annually, biannually, quarterly, monthly
1 month -
70 years old
Can be separately purchased
Note: Consideration of insurance shall be based on the criteria set by the company.
Note: % of benefits and coverage of the sum insured as of the contract start date.
*The contract additionally includes accident insurance type A and an endorsement to extend the coverage for homicide or willful assault, riot, etc.
**The contract additionally includes the benefit of a premium exemption for the insured (for the insured aged from 15 to 59 years old).
Muang Thai Life Assurance Public Company Limited
Kasikornbank Public Company Limited as the brokerage firmLicense No. Chor. 00024/2546
At the end of policy years 1 through 24, the insured will receive a yearly return of 1% of the insured sum as shown at the start date of the contract. When the contract ends, the insured will receive 126% of the insured sum as shown at the start date of the contract, including all benefits of the entire contract, which is 150% of the insured sum as shown at the start date of the contract.
For the insured aged 1 month to 70 years, the sum insured is 100,000 baht for those who are healthy. Premiums are paid as follows:
If the insured dies, the insurance company will pay benefits to beneficiaries the insured has designated in the insurance application. The beneficiaries stipulated must be related to the insured, such as the father, mother, and children. Other than these, evidence must be presented, or the beneficiary’s bond with the insured must be submitted to the insurance company to consider.
It can be used as a personal income tax deduction according to the notification of the director general of the Revenue Department on Income Tax no. 30 announced on December 30, 2008. The company will issue a certificate of insurance premium payment as proof of a tax deductible premium payment.