Email to a friendPrint this page
 Main Menu
Related Link
Contact Us
 
 
 HomePolicy / Endowment Policies / Sap Thawee 470

Sap Thawee 470

** This information is only an example of the insurance benefit. This is not part of the policy**

This policy has 21-year premium payment period with a 42-year coverage period for the insureds whose age at issued is from 1 month old to 45 years of age. The insureds will receive as bonuses and pension fund for a good life until the policies have matured.

Worth-While rewards

Presuming the insured is alive and well during policy period.
The insureds will receive 5% of the sum insured at the end of every 3 years (7 times). A total of 35 %
They will receive cash value approximately 30%* of the sum insured when the final premium payment is due at the end of the 21st year.
The insured will receive 10% of the sum insured every year from 22nd to 42nd years ( 21 times). A total of 210%

Presuming the insured is alive and well when policy has matured.
: The insured will receive 200% of the sum insured.

In case of death during policy period
From 1st - 21st years, the insureds will receive the sum insured plus extra coverage of 5% continuously increased yearly of the sum insured(20 times). A total of 100%.
From 22nd ? 42nd years, the insureds will receive 200%. If the cash value is more than the amount insured, the company will select the cash value to pay to the insureds.


Double Benefit

1) Presuming the insured is alive and well during policy period
: The insureds will receive 5% of the sum insured at the end of every 3 years (7 times). A total of 35%.
: They will receive approximately 30%* dividend of the sum insured when the final premium payment is due at the end of the 21st year
: They will receive 10% in cash of the sum insured yearly from 22nd - 42nd (21times). A total of 210%.When the policy has matured, the insureds will receive 200% of the sum insured. The grand total is approximately 470 - 475 %.

*The insured will receive 30% dividend at the end of the 21st year. The company guarantees a minimum dividend payment of 25% of the sum insured.


2)In case of death during policy period
: From 1st - 21st years, the insureds will receive the amount coverage plus extra coverage of 5% continuously increased yearly of the sum Insured (20 times). The total of 100%.

: From 22nd - 42nd years, the insured will receive 200% of the sum insured. If the cash value is more than the amount insured, the company will select the cash value to pay the insureds.

Example

Notice :The insureds can use premium payment for yearly personal income tax deduction but not exceeding 50,000 baht.
   *** This information is only an example of the insurance benefit. This is not part of the policy***


Riders

      "Waiver of premium due to disability(WPD)"

          This rider is beneficial for the insured with permanent disabilities insured. They will not have to pay their premium if they have permanent disability until the policy has matured.
      "Accidental death&Dismemberment coverage(AD&D)" and "Murder, Assault and Riot coverage(MA)" (click for more details)

          This will cover accident insurance and attached policy, murder and riot
          The benefit covers death, loss of organ, medical expenses during recuperation, medical cost from accident, assault, war, revolution and riot. The coverage is proportionate with the sum insured.
      "Health insurance(HI)" (click for more details)

          The policy covers medical expenses such as; room, meals, medical care etc. which are stated in the policy for treatment of in-patient.
      "VIP health insurance(VIP)" (click for more details)

          This covers all actual medical expenses for each treatment which include in-patient and out-patient. And also cover daily medical care.
      "Cash Plan(CP)" (click for more details)

          The policy cover daily medical care expenses for in-patient with a maximum coverage of 1,250 days per treatment (one-time treatment only) and illness or death by any of these 7 diseases such as; Aids, Cancer, Cirrhosis of liver, Polio, Muscular dystrophy, and Multiple Sclerosis.
           The insureds will receive a lump sum that is 20 times more than the fixed daily medical care expenses, if the insured has been diagnosed to have or contracted any these deadly diseases.
           The insured will also receive a lump sum that is 200 times more than the fixed daily medical care expenses, if the insured have succumbed to any of these deadly diseases.
      "Dread Disease& Term Life& Disability coverage(DD)" (click for more details)

           This will cover death, disabilities and deadly diseases
           The policy will cover death, disabilities, illness from these deadly diseases. They are Acute Myocardial infarction, Heart Valve Replacement, Stroke, Alzheimer's disease, Cancer, Coronary Artery disease, Aorta Surgery, Primary Pulmonary Arterial Hypertension, State Chronic Renal failure, Major Organ Transplants and Acute Viral Hepatitis.
      "Waiver of Premium for Payer Benefit (WPP)" (click for more details)
          This will also cover premium payment (click for more details) The rider will cover minors. Their parents will pay their premium, if parents die, they will not have to pay for their premium until their policies have matured.


Email to a friend | Email to a friend
Print this page |
 Home | Contact Us | Site Map | LegalThai Version 

Copyright ©2005 Thai Life Insurance Co., Ltd.
123 Ratchadapisek Road, Din Daeng, Bangkok Thailand 10400 Tel. (+662) 247 0247
Designed and Programed by Multimedia Asia Co., Ltd.
www.thailife.com