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Key Benefits

Easy to apply

No health check-up and health declaration required

Discounts

Premium discounts based on sum assured and age of the Insured

Guaranteed Returns

Guaranteed a total return throughout policy period at 650% of the sum assured

Dividends

Opportunity to receive a dividend on the maturity date

Additional Information

Coverage and Benefits

Coverage

Benefits

1. If death occurs during the policy period

Receive 100% of the accumulated paid premiums, plus 5% of the sum assured

2. If no death occurs during
the policy period, the Insured will receive up to 650% of the sum assured with an opportunity to receive a dividend on the maturity date

2.1 Benefits guaranteeing payment
•  At the end of the 1st - 5th policy year: Receive annual cash return 3% of the sum assured
•  At the end of the 6th - 10th policy year: Receive annual cash return 4% of the sum assured
•  At the end of the 11th - 13th policy year: Receive annual cash return 5% of the sum assured
•  On the maturity date: Receive cash return 600% of the sum assured
2.2 Dividends
On the maturity date: Opportunity to receive a dividend*

Notes
  • Annual cash return is the special cash return.
  • *The Company may consider paying dividends on the maturity date to the Insured. Dividend amount depends on the return on investment of the par – product assets throughout the policy period deducted by the total cost of this product which the Company will allocate at 80% of that surplus to the Insured. The dividend at the end of the contract will be different for each product according to terms and conditions, and dividend calculation method specified by the Company.
Requirements
  • Insurable age: Newborn - 75 years
  • Coverage period: 14 years
  • Premium payment period: 6 years
  • Sum assured: 30,000 baht - no limit
  • Payment mode: Annually
Premium Rates
Per sum assured of 1,000 baht for both males and females

Age (years)

Annual Premium (baht)

Newborn - 75

1,000

For age calculation of the Insured, a fraction of more than 6 months shall be counted as a full year.

Example Insurance Coverage

Male, aged 35 years. Sum assured 100,000 baht. 

Policy Year

Annual Premium (baht)

Survival Benefits* (baht)

Life Coverage (baht)

1

99,600

3,000

104,600

2

99,600

3,000

204,200

3

99,600

3,000

303,800

4

99,600

3,000

403,400

5

99,600

3,000

503,000

6

99,600

4,000

602,600

7

-

4,000

602,600

8

-

4,000

602,600

9

-

4,000

602,600

10

-

4,000

602,600

11

-

5,000

602,600

12

-

5,000

602,600

13

-

5,000

602,600

14

-

600,000

602,600


Unit : Baht

Summary of Benefits

Survival Benefit
(at the end of policy year)

Example of Dividends from Average Investment Rate of Return throughout the Contract**

3%

4%

5%

Total special annual cash returns

50,000

50,000

50,000

50,000

Maturity benefits

600,000

600,000

600,000

600,000

Opportunity to receive dividend
on the maturity date

-

40,230

90,540

140,850

Total benefits

650,000

690,230

740,540

790,850

Total premiums

597,600

597,600

597,600

597,600

Net benefits

52,400

92,630

142,940

193,250

*Special annual cash returns and maturity benefits at the end of the policy year
**The average return on investment that the Company receives from the investment of the par-product assets throughout the contract period
How to apply
To apply, simply fill out an application form at any Bangkok Bank branch and hand it in along with the required documents.

For more information, please contact any Bangkok Bank branch or call Bualuang Phone 1333 or Bangkok Life Assurance Public Company Limited on (66) 0 2777 8888 or visit www.bangkoklife.com
Assured by Bangkok Life Assurance Public Company Limited

Notes
  • Insurance premiums are eligible for personal income tax deductions, in line with 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.


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