Key Benefits

*For a coverage period of 10 - 30 years, the basic premium is tax-deductible up to 100,000 baht, according to the Notification of the Director-General of the Revenue Department on Income Tax (No. 172). For a coverage period of 3 - 30 years, health insurance premiums paid after January 1, 2020 (if any) are also tax-deductible, up to 25,000 baht, according to the Notification of the Revenue Department (No. 383) and the Ministerial Regulation (No. 365). When combined with life insurance premiums this must not exceed 100,000 baht in total.

Additional Information

Assured by Bangkok Life Assurance Public Company Limited

Notes

• Home 1st Plus (Improved Version) is optional for customers. It has no effect on the Bank's credit consideration.
• The Insured who apply for Home 1st Plus (Improved Version) from March 1, 2021 onwards will receive coverage for accidental medical expenses.
• Insurance premiums are eligible for personal income tax deductions, in line with the Revenue Department conditions.
• Insurance products offered by the Bank are not the same as a deposit. In the event of early redemption, customers may receive returns less than the paid premiums, depending on the date the early redemption is made.
• The applicant is advised to study details of product information in the prospectus before deciding to buy insurance. After receiving the policy, the Insured is advised to study the terms and conditions in the policy contract.
• Bangkok Bank is a life insurance broker, acting as an agent between customers and Bangkok Life Assurance. Bangkok Life Assurance conditions apply to insurance approval.
• A health declaration is one of the factors considered in the policy approval or payout approval process.
• A health check-up is under Bangkok Life Assurance conditions.
• The applicant has the duty to provide true information in applying for insurance. Any concealment of truth or declaration of false statements may cause the insurance company to cancel the insurance contract or refuse to pay the claims under the insurance contract.
• Terms and conditions of coverage will be specified in the policy issued to the policyholder.