Requirements and Conditions

Insurable age: 15 days – 65 years
Coverage period: Until the policy anniversary on which the Insured reaches the age of 99
Premium payment period: 7 years
Sum Assured: 100,000 – 25,000,000 baht Subject to the rules and regulations of consideration of AIA Company Limited
Payment mode: Annually / Semi-annually / Quarterly / Monthly
Underwriting rules: No medical examination and no health questionnaire required (GIO) Subject to AIA Co., Ltd.’s underwriting criteria
Rider Attachment: Rider attachable, subject to AIA Co., Ltd.’s underwriting criteria

Premium

Standard annupremiumal rates for males and females per 1,000 baht of sum assured

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Unit: Baht
Age (years) Annual Premium Rate
15 Days – 10 869
11 – 20 889
21 – 30 909
31 – 40 949
41 – 50 979
51 – 65 999

Note: Premium rates are fixed throughout the policy term.

Estimated calculation of premium payment mode
 

Coverage and Benefits

one
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Coverage Benefits
  • If death occurs during the policy period
 Receive the following benefit, whichever amount is greater.
1.The percentage of the sum assured specified in the Policy Schedule or endorsement (if any),
as follows:
{{Policy_year_of_death}}
2. Cash surrender value
3. 101% of total premiums paid and received by the Company, less the total amount of  coupons paid by the Company (if any).

In the case that sum assured decreases while the policy is in force, premiums received and coupons paid (prior to the decrease in sum assured) will be reduced in the same proportion as the sum assured.

If the Insured dies during the policy year, the Company will calculate the premiums based on a full year premium.
2. If the Insured is still alive
  • Cash coupon
 While the Insured is alive the Company will pay an annual cash coupon at the percentage of the sum assured specified in the policy or endorsement (if any), as follows:
{{End_of_policy}}
If the policy is converted to a reduced paid-up policy or extended term insurance, the Insured will not receive such cash coupons.
  • Maturity benefit
 If the Insured is alive on the policy maturity date, the Company will pay 799% of the Sum Assured specified in the policy or endorsement (if any).
3. Policy Dividend
  • Dividend Payment

1. Annual Dividend

The Company will pay annual dividends at the end of the policy year from policy year 2 until the end of the policy year immediately following the date on which the Insured reaches the age of 98, provided that the policy remains in force and the Insured is alive at the end of the policy year.

2. Terminal Dividend

  • If the Insured is still alive on the policy maturity date, the Company will pay the Terminal Dividend to the Insured or
  • If the policy is surrendered from policy year 8 onwards, the Company will pay the Terminal Dividend to the Insured or
  • If the Insured dies from policy year 8 onwards, the Company will pay the Terminal Dividend to the beneficiary.

The dividend payment, dividend rate, and/or the amount of dividend are not guaranteed. There may be years when no dividend will be paid.

If the Company pays a dividend, it has the discretion to determine the dividend rate and/or amount that it considers appropriate.

However, if the policy is converted to either Extended Term Insurance (ETI) or Reduced Paid-Up (RPU), The Insured will not receive such policy dividends.
On the date any benefit under Items 1, 2, and 3 becomes payable, the Company shall have the right to deduct any outstanding liabilities (if any) from the benefit payable before payment is made.
two
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Policy_year_of_death
Policy year of death 1 2 3 4 5 6 7
onwards
% 100 200 300 400 500 600 700
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End_of_policy
End of policy year % of Sum Assured
2 - 7 2
8 - 20 3
21 – The end of the policy year immediately following the date on which the Insured reaches the age of 98. 4

How to apply

Seek consultation and advice for life insurance planning by contacting Bangkok Bank branches that offer this service, or call 1333

Assured by AIA Co., Ltd.