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Home 1st Credit protection insurance

Insurance for Bangkok Bank’s Bualuang Home Loans customers.

Home 1st is a life insurance policy for customers who take out a Bualuang Home Loan from Bangkok Bank. The insurance guarantees that the family of the insured person will have an absolute ownership in the properties without having to shoulder any debts in an event of death or total disability to the insured person.


Protection and coverage

Protection

Benefit

1. Death from natural cause or illness

To obtain the coverage for the year of death as stated in the policy

2. Death from accident

To obtain 100% of insured coverage

3. Total disability

To obtain the coverage for the year the disability happens as stated in the policy


Conditions
  1. The insured person is a Bualuang Home Loan borrower.
  2. 20-60 years of age, and loan term must end before the borrower turns 65 years of age
  3. Loan term of 3-30 years.
  4. Loan of Baht 50,000 or more

Premiums
  • You will receive protection throughout the loan term by paying a one-time low premium.
  • You can also borrow an additional loan from Bangkok Bank to cover the insurance premium.
  • For a loan term of more than 10 years, you can count the premium a deductible for your annual personal income tax.

Qualifications for applicant
Borrower of Bualuang Home Loan who is 20-60 years of age.


How to apply

You can obtain an application form and apply for the service at any Bangkok Bank branch. All you need to do is to fill up the application form with required details and hand it in along with required supporting documents.

For more information please contact any Bangkok Bank branch, or Bualuang Phone 1333, or Bangkok Life Assurance Company Limited on 02-641-4999.

Note: Bangkok Bank is a life insurance broker which co-ordinates the agreement for life insurance between the customer and Bangkok Life Assurance.
The insurance premiums of Gain 1st and Home 1st can be used for tax deduction.

Bualuang Home Loans
Gain 1st 180
Gain 1st 220
Gain 1st 250
PA 1st Personal Accident Insurance
Group PA 1st, Group Accident Insurance


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