Key Benefits

Peace of Mind

with death coverage in the event of illness and accident

Low Premiums

pay only once

Additional Loan

can be requested for insurance premium payment

Tax Benefits*

in line with the Revenue Department conditions

*Life insurance premiums are eligible for personal income tax deductions of not exceeding 100,000 baht, in line with the Revenue Department conditions (Section 172). Health insurance premiums (if any), which meet the requirements, are eligible for personal income tax deductions of not exceeding 15,000 baht and once combined with life insurance premiums must not exceed 100,000 baht, in line with the Revenue Department conditions (Section 315).
Protection and Benefits
Coverage for any cause of death (except suicide in the first year or killed by the beneficiary) or total permanent disability

Protection

Benefit

Credit Protection Insurance
Home 1st

Credit Protection Insurance
Home 1st Plus

1. If death occurs from a natural
    cause or illness

Receive monthly decreasing sum assured of the month the death occurs

2. If death occurs from an accident

Receive 100% of the sum assured*

Receive monthly decreasing sum assured of the month the death occurs and 100% of the sum assured

3. If total permanent disability
    occurs**

Receive monthly decreasing sum assured at the beginning of the month the permanent disability occurs


*For premium without any surcharges only. If premium includes surcharges, the insured will receive benefits in 1, which is sum assured, which decreases in line with projected payments in the policy year from the month the death occurs.

**Total permanent disability means an impairment to the extent that it permanently prevents the insured from functioning normally in a full-time career or other careers for an indefinite period, and such permanent disability must continue for at least 180 days.
Requirements
  • The insured is a Bualuang Home Loan borrower.
  • Insurable age: 20-65 years
  • Coverage period: 3-30 years
  • One-time premium payment
  • Minimum sum assured: 50,000 baht
Premium Rates
  • Insurance premium varies according to age, gender, sum assured amount and coverage period.
  • For age calculation of the insured, a fraction of more than 6 months shall be counted as a full year.
How to apply

To apply, simply fill out an application form at any Bangkok Bank branch then 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 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 medical checkup is according to terms and conditions of Bangkok Life Assurance.
  • Health declaration is one of the factors for the underwriting process and consideration of benefit payment.

TOOLS & ASSISTANCE

We are ready to help you.

TOOLS & ASSISTANCE

We are ready to help you.