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Retire with confidence
With Annuity Ready – 5 Years Payment, you can rest assured that you will have a regular income after retirement through annual pension benefit. The short premium payment term allows you to manage your financial planning more easily.
Highlighted Benefits
  • Annual pension payout up to 31 times at 15% of the sum assured per year, commencing in the policy year where the insured reaches 60 years old until the age of 90, with total pension benefit up to 465% of sum assured    
  • Premium payment period only 5 years
  • In the event of death before pension payout, 105% of the total premium paid or cash value amount of the policy, whichever is higher, to be paid to the beneficiary
  • Neither health questions nor medical check-up required
  • Personal income tax deduction benefit up to THB 300,000 of the actual premium paid, in case of the tax deduction benefit not being exercised yet, in accordance with the conditions announced by the Thailand Revenue Department (Read more)
Sample of Benefit and Coverage (unit: THB)
For male, 35 years old with annual premium payment with sum assured of THB 553,986

 

End of Policy Year Premiums Benefit Death Benefit 105% of Total Premiums Paid or the Cash Value, whichever is higher.
105% of Premiums Paid Cash Value
1 200,000 Personal Income tax deduction benefit for 5 years of payment 210,000 41,549
2 200,000 420,000 156,224
3 200,000 630,000 392,222
4 200,000 840,000 604,399
5 200,000 1,050,000 857,570
... - ... ...
10 - 1,050,000 959,504
... - ... ...
20 - 1,050,000 1,206,582
... - ... ...
25 - 1,050,000 1,361,698
Pension Payment (at age 60-90 years old)   Receive annual pension 15% of sum assured = THB 83,098 x maximum 31 times = THB 2,576,038 Lump sum payment equal to total premium paid, deducted by total pension payouts*

* The company will pay a lump sum amount equal to total premium paid deducted by total pension payouts. In case that total pension payout amount is more than total premium paid amount, the company reserves the right to not pay death benefit and the policy contract will become out of force immediately.

Preliminary Underwriting Guideline
  • Insured aged: 20 - 50 years old
  • Minimum sum assured: THB 100,000
  • Maximum sum assured: THB 1,000,000 per policy and THB 5,000,000 per insured
Policy applicants should study, read, and comprehend about coverage details and conditions before deciding to purchase. Please find more information from policy contract. In addition, company underwriting guideline will be applied.

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