Coverage and Benefits
| Coverage | Benefits |
| 1. If death occurs from any cause (except an accident) during the policy period | Receive 200% of the sum assured or accumulated paid premiums, whichever amount is greater |
| 2. If death occurs from an accident during the policy period | Receive 300% of the sum assured |
| 3. If no death occurs during the policy period, the Insured will receive up to 186% of the sum assured | • At the end of the 2nd, 4th, 6th, 8th, 10th, 12th and 14th policy year: Receive annual cash return 2% of the sum assured • On the maturity date: Receive cash return 172%* of the sum assured |
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*Maturity benefit 152% of the sum assured and special cash return 20% of the sum assured
Requirements
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Insurable age:
- 20 - 70 years if applying through Bangkok Bank website
- Newborn - 70 years if applying through Bangkok Bank branches
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Coverage period: 15 years
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Premium payment period: 15 years
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Minimum sum assured:
- 50,000 baht if applying through Bangkok Bank website
- 150,000 baht if applying through Bangkok Bank branches
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Maximum sum assured: 2,000,000 baht
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Payment mode: Annually / Monthly (with no extra charge)
Premium Rates
Per sum assured of 1,000 baht for both males and females
| Age (years) | Annual Premium (baht) |
| Newborn - 50 | 120 |
| 51 - 60 | 121 |
| 61 - 70 | 123 |
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 150,000 baht.
| Policy Year | Annual Premium(baht) | Survival Benefits (baht) | Life Coverage(baht) | |
| Death from all cases (Except accident)* | Death from accident | |||
| 1 | 18,000 | - | 300,000 | 450,000 |
| 2 | 18,000 | 3,000 | 300,000 | 450,000 |
| 3 | 18,000 | - | 300,000 | 450,000 |
| 4 | 18,000 | 3,000 | 300,000 | 450,000 |
| 5 | 18,000 | - | 300,000 | 450,000 |
| 6 | 18,000 | 3,000 | 300,000 | 450,000 |
| 7 | 18,000 | - | 300,000 | 450,000 |
| 8 | 18,000 | 3,000 | 300,000 | 450,000 |
| 9 | 18,000 | - | 300,000 | 450,000 |
| 10 | 18,000 | 3,000 | 300,000 | 450,000 |
| 11 | 18,000 | - | 300,000 | 450,000 |
| 12 | 18,000 | 3,000 | 300,000 | 450,000 |
| 13 | 18,000 | - | 300,000 | 450,000 |
| 14 | 18,000 | 3,000 | 300,000 | 450,000 |
| 15 | 18,000 | - | 300,000 | 450,000 |
| Total premiums at 270,000 baht |
| Total annual cash returns at 14%** 21,000 baht |
| Maturity benefits + Special cash returns at 172%** 258,000 baht |
| Total benefits at 186%** 279,000 baht |
Notes
*Receive benefits in % of sum assured or accumulated paid premiums, whichever amount is greater
**% of sum assured
How to apply
Apply online through Bangkok Bank website or apply at any Bangkok Bank branch - simply fill out an application form 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