Personal Banking
Bank Card
Deposit
Lending
Remittance
CNY Service
Other
 You Are Here: Home >Personal Banking >Other >Insurance >Smart Value 15/7
Smart Value 15/7
 

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.

 

For Financial Coverage Plan
• Only 7 years of savings
• Maximum return at 242%*
• Maximum death coverage up to 200%*
• Tax reduction

For Financial Coverage Plan with Short-term Savings Scheme

Savings with Efficiency and Confidence throughout 15-year Contract by guarantee Cash coupons
• Policy anniversary Year 3,Cash coupons 6%*
• Policy anniversary Year 6,Cash coupons 9%*
• Policy anniversary Year 9,Cash coupons 12%*
• Policy anniversary Year 12,Cash coupons 15%*
• Cash coupons at maturity 200%*
• 5th – 15th Policy year : Maximum 200%* coverage in case of death
* of Sum Assured

Condition
• Male/Female aged from 1 month up to 70 years
• Minimum Sum Assured of THB 100,000
• Premium Payment on annual basis
• Health questionnaire required and May required physical examination subject to company consideration
• Annual Insurance Premium as per THB 1,000 Sum Assure

Age
Premium Interest Rate
1 month – 50 years
THB 260
51 – 60 years
THB 265
61 – 70 years
THB 280

Documents for Admission
1 Insurance Application Form
2 Certified Copy of ID
3 Refund Request Form as Conditioned
4 Evidence of 1st Year Premium Payment such as Temporary Receipt

Sample of Benefits for Male Insurer aged 35 years with THB 100,000 Sum Assured and 7-year Premium Payment

Policy Year
Annual Premium
Annual Paid-up Policy
Life Coverage
% of Sum assured
Amount
1
26,000
-
-
100,000
2
26,000
-
-
100,000
3
26,000
6%
6,000
150,000
4
26,000
-
-
150,000
5
26,000
-
-
200,000
6
26,000
9%
9,000
200,000
7
26,000
-
-
200,000
8
-
-
200,000
9
12%
12,000
200,000
12
15%
15,000
20,000
15
200%
200,000
200,000
รวม
182,000
242%
242,000

Benefit Summary

Cash coupons End of 3rd Year Policy anniversary THB 6,000
End of 6th Year Policy anniversary THB 9,000
End of 9th Year Policy anniversary THB 12,000
End of 12th Year Policy anniversary THB 15,000

Return at Maturity THB 200,000
Total Benefits throughout Contract THB 242,000
Benefit over Premium THB 60,000

Note
1. Smart Savings 15/7 is the marketing name. The name in policy will be shown as “ไทยธนทวี 15/7(1)”
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 part or all policy benefits, exclude 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 provide. 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. Credit card payment (VISA/Master) is available for first year premium only.
5. Life insurance premium is eligible for tax-deductible for actual amount paid but not exceeding 100,000 bath per year. (According to the revenue department director’s announcement No.172)
6. The applicant should study policy provisions thoroughly before applying for insurance and must make the correct declaration at the time of application.
7. Information in this proposal is only the basic information which used in the selling process only. 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)

 


【Close】