Bangkok Bank joins with Bangkok Life Assurance to launch "Gain 1st Savings 10X 15/10" offering annual benefits for working adults, and continues to serve as a "trusted partner" for all future financial plans and support people seeking long-term savings for steady returns in volatile, low interest rate market
March 19, 2025
In response to market volatility and low interest rates, Bangkok Bank has seen growing customer demand for long-term savings options that minimize risk and ensure consistent returns. The Bank is partnering with Bangkok Life Assurance to launch "Gain 1st Savings 10X 15/10", a new savings insurance product for customers who seek financial stability. Ensuring long-term financial planning confidence, this policy requires premium payments for just 10 years, while providing coverage for 15 years, an annual return of 10% of the insured amount, a lump sum payout of 10 times the insured amount upon maturity and life coverage up to 2,100%. "Gain 1st Savings 10X 15/10" is available exclusively at Bangkok Bank, a “trusted partner” that understand customer’s financial planning for the future.
Bangkok Bank Executive Vice President Ms. Pornpimon Trongtiengdham stated that given the high volatility in both the Thai and global economies and the country's transition to a completely aged society, working adults, responsible for both their parents and children, are seeking long-term savings options that provide steady returns to reduce risk and secure their stability. As a "trusted partner" in financial planning for all customer groups for over 80 years, Bangkok Bank has collaborated with Bangkok Life Assurance Public Company Limited to launch "Gain 1st Savings 10X 15/10". This savings insurance plan addresses the need for long-term financial stability with valuable returns, minimizing the risk of principal loss, and providing life coverage as a guarantee for family members. Additionally, it offers a personal income tax deduction of up to 100,000 baht. The "Gain 1st Savings 10X 15/10" is one of three products designed to meet the needs of all three generations in Thai society, and we will launch two other products soon.
"The Bank has a substantial customer base of people aged 45 and above who are financially stable, have good purchasing power and the ability to save, and seek long-term security, and “Gain1st” is a popular savings insurance product among this group of customers. This year the Bank has introduced "Gain 1st Savings 10X 15/10" to more precisely meet their specific needs by giving steady returns, reducing market volatility risks, and providing high life coverage with additional accident coverage. This policy is easy to purchase without any need for a medical examination or health-related questions Therefore it is suitable for working individuals, whether they are company employees or business owners, who are looking for financial planning tools to ensure long-term stability," Ms. Pornpimon added.
Mrs. Laddawan Sitthiworranant, Executive Vice President of the Bancassurance and Partnership Distribution Division at Bangkok Life Assurance Public Company Limited, stated that in the current environment of declining deposit interest rates, effective financial planning is crucial for success. The "Gain 1st" insurance policy, a savings insurance product jointly developed by Bangkok Life Assurance and Bangkok Bank, has been available for a considerable time. Presently, the Gain 1st product offers a variety of insurance options tailored to different needs and is widely accepted by Bangkok Bank’s customers, particularly those in the working-age group. This is due to its notable features, including higher returns compared to deposits and its ability to provide financial security and life insurance coverage, meeting the requirements of long-term financial planning.
The latest product, "Gain 1st Savings 10X 15/10", has been launched to cater to the needs of potential customers, particularly middle to high-level executives and new-generation business owners. It is exclusively available through Bangkok Bank’s channels. The key feature of this product is that you pay premiums for only 10 years but receive life insurance coverage for 15 years. Additionally, you receive a fixed return of 10% of the insured amount per year during years 1-14, which is tax-free. Upon contract maturity, you will receive a substantial lump sum of 10 times, or 1,000%, of the insured amount. Furthermore, there is a continuous increase in death coverage up to 1,050%, and in the event of death due to an accident, the life insurance coverage increases to 2,100% of the insured amount.
The "Gain 1st Savings 10X 15/10" insurance policy is ideal for individuals seeking a financial planning product that allows them to grow their existing funds without taking investment risks. Additionally, simply saving money can lead to lost opportunities due to inflation, which diminishes the value of savings over time. This policy is also well-suited for those planning to start a family, as it helps create financial stability. The policy offers a money-back guarantee and provides life insurance coverage of up to 2,100%, ensuring peace of mind for the family. Furthermore, it offers tax benefits, allowing policyholders to use the insurance premium to reduce personal income tax as specified by the Revenue Department, up to a maximum of 100,000 baht.
For those interested in the "Gain 1st Savings 10X 15/10" insurance plan, you can apply at any Bangkok Bank branch nationwide without needing a health check or answering any health questions. For more information, please visit any Bangkok Bank branch, call Bualuang Phone at 1333, contact Bangkok Life Assurance Public Company Limited at 0 2777 8888, or visit www.bangkoklife.com
This Website uses cookies to provide you with the best experience and to improve the Bank’s website services in order to better serve your requirements. You can find the details about cookies use on
Cookies Policy
