Bancassurance Products
Plan 1st
Plan ahead and provide protection for your business and beloved family
- Great Back-ups for your business and beloved family
- Peace of Mind with two protection plans to choose from
- Tax Benefits in line with the Revenue Department conditions
Protection and Benefits
| Protection | Benefits | |
|---|---|---|
| Plan A | Plan B* | |
| 1. If death occurs from any cause including illness or accident | Receive 100% of the sum assured | Receive 100% of the sum assured |
| 2. If total permanent disability occurs from any cause including illness or accident | No benefits provided under total permanent disability | Receive 100% of the sum assured |
*For Plan B, once the Company has made a payout in accordance with protection 1 or 2, the policy will be ineffective immediately.
Requirements
- Insurable age:
Plan A: 20-59 years
Plan A: 20-55 years - Coverage period: 5 or 10 years
- Premium payment period: 5 or 10 years
- Sum assured
Plan A: Minimum sum assured of 300,000 baht and maximum sum assured within the credit line
Plan B: Minimum sum assured of 300,000 baht and maximum sum assured within the credit line, not exceeding 20,000,000 baht
Premium Rates
Annual premium of 1,000 baht of the sum assured depending on the gender and age of the insured.
Plan A
| Age (years) | 5 years of premium payments | 10 years of premium payments | ||
|---|---|---|---|---|
| Female | Male | Female | Male | |
| 20 - 59 | 3.30-13.22 baht | 4.90-23.36 baht | 2.81-16.06 baht | 4.38-27.72 baht |
Plan B
| Age (years) | 5 years of premium payments | 10 years of premium payments | ||
|---|---|---|---|---|
| Female | Male | Female | Male | |
| 20 - 55 | 3.41-10.54 baht | 5.26-19.27 baht | 2.92-12.19 baht | 4.74-22.16 baht |
- For age calculation of the insured, a fraction of more than 6 months shall be counted as a full year.
- Eligibility for personal income tax deductions, in line with the Revenue Department conditions, for a credit line of more than 10 years.
Assured by Bangkok Life Assurance Public Company Limited
Notes
- Life insurance premiums are eligible for personal income tax deductions, in line with the Revenue Department conditions.
- Insurance products offered by the Bank are not the same as a deposit. In the event of early redemption, customers may receive returns less than the paid premiums, depending on the date the early redemption is made.
- The insured should read and study the terms and conditions carefully before deciding to buy insurance.
- Bangkok Bank is a life insurance broker, acting as an agent between customers and Bangkok Life Assurance. Bangkok Life Assurance conditions apply to insurance approval.
- The insured must fill out a Health Declaration Form before applying for insurance.
For more information, please call Bangkok Life Assurance at 02 777 8888 or contact at any Bangkok Bank branch nationwide.
