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Policy for senior citizens

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

 

The insureds can spend the rest of their life with a substantial saving. They can pay their premium annually, semi-annually, quarterly without the need to submit medical evidence of insurability. This is only a 10-year premium period. They will be covered until 90 years of age. If they are alive and well until 90 years of age, they will be paid a substantial amount of money to spend for the rest of their lives.

Profit for retirement

1. Presuming the insured is alive and well when the policy has matured

The insureds will recieve 100% plus
approximated 70%* dividend of the sum insured

*The company guarantees to pay a minimum dividend of 50% of the sum insured

 

 

 

2. In case of death during policy period

Death within 1 year after the policy has been in effect: The beneficiary will be paid 20% of the sum insured
Death after 1 year but within 2 years after the policy has been in effect: The beneficiary will be paid 50% of the sum insured.
Death more than 2 years after the policy has been in effect. The beneficiary will be paid the coverage amount or surrender value, depending on which some is more

Detailed summary of benefit for retirement

1. Presuming the insured is alive and well when the policy has matured (90 years of age)

The insureds will be paid 100% plus approximated 70%* dividend of the sum insured. A total of 170%

 

*The company guarantees to pay a minimum of 50% of the sum insured

2. In case of death during policy period

Death within 1 year after the policy has been in effect: The beneficiary will recieve 20% of the sum insured
Death more than 1 year but within 2 years after the policy has been in effect: The beneficiary will recieve 50% of the sum insured.

Death more than 2 years after the policy has been in effect. The beneficiary will recieve the coverage amount or surrender value, depending on which sum is more.

 

Notice : The insureds can use their premium payment for yearly personal income tax deduction, but not over 50,000 Baht.

 

 


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