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Premier 5/3
 

This Insurance Policy is offered by Thai Life Insurance Public Company Limited.

ICBC (Thai) is a licensed life insurance broker.

Bank will provide any services and be responsible for life insurance broker only.

 

The Bank offers life insurance product Premier 5/3 from 15 February to 31 March 2018 or until further notice.

Fast....with only 3-year payment

Speedy.....with 3% cash return every year and lump sum at the end of 5th Year Policy

No burden....with tax-free annual return

Beyond…with medical assistance and emergency service free of charge*

* The above is service provided under terms and conditions in the insured booklet of Thai Life Insurance Plc. All rights reserved to modify or alter the terms and conditions without any prior notice.

Samples of Benefits in case of Male aged 40 years for THB 1,000,000 Sum Assured

Year
Annual Premium (Baht)
Annual Paid-up Policy
Life Coverage
%*
Amount?(Baht)
1
975,000
3%
30,000
1,000,000
2
975,000
3%
30,000
2,000,000
3
975,000
3%
30,000
3,000,000
4
3%
30,000
3,000,000
5
314%
3,140,000
3,000,000
Total
2,925,000
326%
3,260,000
Benefit over Premium THB 335,000

*of Sum Assured

**If Cash Surrender Value exceeds Sum Insured in case of the above mentioned death, the company shall pay equivalent amount to Cash Surrender Value.

Condition
• Male/Female aged from 1 month up to 70 years
• Minimum Sum Assured of THB 500,000
• Premium paid annuity only
• No physical examination and health questionnaire required

Premium Rate as per THB 1,000 Sum Assured

Male-Female (Age)
Premium Rate (THB)
1 month – 50 years
981
51 – 70 years
984

Premium Discount per THB 1,000 Sum Assured

Sum Assured (THB)
Discount Rate (THB)
500,000- 999,999
0
1 MB and Above
6

Note
1. Premier 5/3 is the marketing name. The name in policy will be shown as “ธนทวี 7 5/3”
2. For optimum benefit of the insured, the insured should keep policy in force until its maturity. The benefit will be paid under policy condition without tax deduction. No creditor is entitled to partial or all policy benefits, except amounts of premium paid.
3. Premium payment is an insured’s responsibility. ICBC (Thai) as a life insurance broker, premium collection by Bank is only additional service provided. The insured is able to pay renewal premiums through various channels such as Thai Life’s branch offices, ICBC (Thai) counters, post offices, counter service, other banks, etc. For more information, please read from the policy booklet.
4. The applicant should understand the details and conditions of coverage prior making the decision and must make the correct declaration at the time of application.
5. Information in this proposal is only the basic information which is used in the selling process only. The bank has no involvement in providing the service of this life insurance product in all aspects. You should study for more information about coverage, terms and conditions, and the benefit from insurance policy.

Any further questions, Please contact Thai Life Insurance (Tel 02247 0247).

 

 


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