Term Life

Security that provides life coverage for your loved ones

Life insurance policy that focuses on clearly defined coverage period and not very long contract term to protect business continuity or loan burden for a given period. It can also be passed onto the ones being left behind as inheritance in an unexpected event to ensure that they can continue their lives as you intended.

Highlighted Benefits

  • High life coverage compared with premium rate of other types of life insurance policy
  • Coverage period and premium payment:
    • Life coverage for 10 years, premium payment for 10 years
    • Life coverage for 20 years, premium payment for 20 years
  • Option to convert to full life insurance or saving plan according to the conditions of policy. 
  • Premium discount applicable to sum assured of THB 2,000,000 and above
  • Personal income tax deduction benefit up to THB 100,000 of life premium, following the conditions of Thailand Revenue Department (Read more)

Life Coverage Benefit

The company will pay 100% of sum assured, in case of the insured’s death before the end of contract.

Sample Offer

For Female, 30 years old

Coverage period for 10 years / Premium payment for 10 years (See table)

Sum assured (Baht) Premium per year
1,000,000 3,100
2,000,000 5,200

 

Preliminary Underwriting

  • Insured age: 20 to 60 years old 
  • Minimum sum assured: THB 400,000 for male and THB 600,000 for female

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.

Let us help you with your life goals

Contact us to find out how we can help you achieve your insurance needs