Coverage and Benefits
header-center-aligned,header-light-blue,border-black,compact-padding
| Coverage | Benefits |
| 1. If death occurs during the policy period | Receive benefits in % of sum assured or accumulated paid premiums, whichever amount is greater. • 1st - 2nd policy year: Receive 100% of the sum assured • 3rd policy year: Receive 110% of the sum assured • 4th policy year: Receive 150% of the sum assured • 5th policy year: Receive 180% of the sum assured • 6th policy year: Receive 220% of the sum assured • 7th policy year: Receive 255% of the sum assured • 8th policy year: Receive 290% of the sum assured • 9th policy year: Receive 325% of the sum assured • 10th - 15th policy year: Receive 360% of the sum assured |
| 2. If no death occurs during the policy period, the Insured will receive up to 380% 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 - 10th policy year: Receive annual cash return 2% of the sum assured • At the end of the 11th - 14th policy year: Receive annual cash return 4% of the sum assured • On the maturity date: Receive cash return 344% of the sum assured 2.2 Dividends On the maturity date: Opportunity to receive a dividend* |
Notes
- The special cash return is included in the annual 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 - 70 years
- Coverage period: 15 years
- Premium payment period: 10 years
- Sum assured: 100,000 baht - no limit
- Payment mode: Annually / Monthly
Premium Rates
Per sum assured of 1,000 baht for both males and females
header-light-blue,header-center-aligned,cells-center-aligned,border-black
| Age (years) | Annual Premium (baht) |
| Newborn - 70 | 360 |
Notes
- Monthly premium = Annual premium ÷ 12
- For age calculation of the Insured, a fraction of more than 6 months shall be counted as a full year.
- For monthly premium payments, the Insured must pay two months’ premiums in advance and must apply for Bualuang Direct Debit for the subsequent monthly premium payments to be debited from their savings account or Bangkok Bank credit card (excludes Bangkok Bank American Express credit cards).
Example Insurance Coverage
Male, aged 35 years. Sum assured 100,000 baht.
header-light-blue,header-center-aligned,cells-center-aligned,border-black,compact-padding
| Policy Year | Annual Premium (baht) | Survival Benefits* (baht) | Life Coverage (baht) |
| 1 | 36,000 | 2,000 | 100,000 |
| 2 | 36,000 | 2,000 | 100,000 |
| 3 | 36,000 | 2,000 | 110,000 |
| 4 | 36,000 | 2,000 | 150,000 |
| 5 | 36,000 | 2,000 | 180,000 |
| 6 | 36,000 | 2,000 | 220,000 |
| 7 | 36,000 | 2,000 | 255,000 |
| 8 | 36,000 | 2,000 | 290,000 |
| 9 | 36,000 | 2,000 | 325,000 |
| 10 | 36,000 | 2,000 | 360,000 |
| 11 | - | 4,000 | 360,000 |
| 12 | - | 4,000 | 360,000 |
| 13 | - | 4,000 | 360,000 |
| 14 | - | 4,000 | 360,000 |
| 15 | - | 344,000 | 360,000 |
Unit : Baht
header-light-blue,header-center-aligned,cells-center-aligned,border-black,compact-padding
| 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 annual cash returns** | 36,000 | 36,000 | 36,000 | 36,000 |
| Maturity benefits | 344,000 | 344,000 | 344,000 | 344,000 |
| Opportunity to receive dividend on the maturity date |
- | 24,360 | 51,070 | 77,770 |
| Total benefits | 380,000 | 404,360 | 431,070 | 457,770 |
| Total premiums | 360,000 | 360,000 | 360,000 | 360,000 |
| Net benefits | 20,000 | 44,360 | 71,070 | 97,770 |
*Annual cash returns + special cash returns + maturity benefits at the end of the policy year
**Sum of annual cash returns and special cash returns at the end of 1st - 14th 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