Coverage and Benefits

1. If the Insured dies

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35.63%, 64.37%

Coverage	Benefits
If death occurs before the annuity payment period (before the policy anniversary date of the year the Insured turns 60)	Receive the following benefit, whichever amount is greater • 105% of the accumulated premiums paid to the Company (If the Insured passes away during the policy year, the Company will calculate the paid premiums as a full policy year) •Cash surrender value
If death occurs during the annuity payment period (from the policy anniversary date of the year the Insured turns 60 to the policy anniversary date of the year the Insured turns 85)	Receive the equivalent of accumulated premiums paid to the Company, deducted by the annuity payments already made to the Insured. (If the sum of the annuity payments already made to the Insured by the time of death is greater than the accumulated premiums, the Company will not pay additional benefits.)

Notes

If the sum assured is reduced before the annuity payment period begins, the pre-reduction premiums will also be reduced in proportion to the reduced sum assured. On the benefit payment date, if there are any outstanding liabilities under this insurance policy, the Company has the right to deduct them from the amount to be paid first.

 
2. If the Insured is alive during the annuity payment period

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35.63%, 64.37%

Coverage	Benefits
Annuity Benefit	The Insured will receive an annuity payment of 20% of the sum assured that appears in the policy or endorsement (if any). The first payment will be made on the policy anniversary date after the Insured has turned 60. Payment will be made yearly until the policy anniversary date after the Insured has turned 85.

Notes

If the sum assured is reduced before the annuity payment period begins, the pre-reduction premiums will also be reduced in proportion to the reduced sum assured. On the benefit payment date, if there are any outstanding liabilities under this insurance policy, the Company has the right to deduct them from the amount to be paid first.
If the Insured has any liabilities under this policy on the policy anniversary date of the year that the first annuity payment is made, the Company will deduct the cash surrender value at the time from the said liabilities and calculate a new sum assured on which the annuity payment will be based. The annuity will decrease proportionately per the endorsement. Once the Insured begins receiving annuities, the Insured does not have the right to surrender the policy or switch to a reduced paid-up insurance option.

Requirements

Insurable age:
- 20 – 50 years old for premium payment 8 years
- 20 – 55 years old for premium payment until a policy anniversary when the Insured reaches the age of 60

Coverage period: until the age of 85
Premium payment period: 8 years old or until a policy anniversary when the Insured reaches the age of 60
Sum assured: minimum 50,000 baht
Maximum premium: not exceeding 300,000 baht
Payment mode: Annually / Monthly
Underwriting: Non-medical insurance
Non-rider attachment

Premium Rates

Standard insurance premium rates per sum assured of 1,000 baht for the age range of 20 - 50 for premium payment 8 years, and for the age range of 20 – 55 for premium payment until a policy anniversary when the Insured reaches the age of 60 (depending on gender, age, and payment mode)

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41.17%, 30.92%, 27.91%

Premium Payment Period (years)	Annual Premium (baht)
Premium Payment Period (years)	Female	Male
8 years	244 - 515	219 - 504
Every year until a policy anniversary when the Insured reaches the age of 60	66 - 884	61 - 860

 
 
Estimated calculation of premium payment mode

Semi-annually = Annual Premium Rate x 0.51
Quarterly = Annual Premium Rate x 0.27
Monthly = Annual Premium Rate x 0.09

How to apply

Seek consultation and advice for life insurance planning by contacting Bangkok Bank branches that offer this service or call 1333 AIA Company Limited Tel. 0 2353 8855 Website www.aia.co.th