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 Bangkok Bank Call Center 1333 or Bangkok Life Assurance Public Company Limited on 0 2777 8888 or visit www.bangkoklife.com