'Life Savings Insurance' Competition Fierce
Krungthai-AXA Life Insurance highlights its "Global Savings Plus 15/8 (Index Link)" and "Global Savings Plus 25/5 (Index Link)" products, elevating financial planning and savings for the future. Bangkok Life Insurance builds on its strengths by partnering with Bangkok Bank to launch Gain 1st Savings & Flexi Care 12/6, an insurance plan designed to understand every life goal, addressing life planning needs at every stage. It offers financial planning for a better life, along with health care benefits tailored to lifestyle, providing 10% of the insured amount annually, with an additional 20% bonus on any unused portion. Available through Bangkok Bank branches nationwide.
Ms. Sukanya Isranuwattchai, Senior Vice President… The Marketing Communications and Corporate Image Department of Krungthai-AXA Life Insurance Public Company Limited revealed the launch of two new products: “Global Savings Plus 15/8 Index-Linked and Global Savings Plus 25/5 Index-Linked.” These savings life insurance products aim to enhance financial planning and savings, offering the opportunity to receive returns based on the Citi Grandmaster RC5 Index, managed by Citi of the United States. Both new products are easy to apply for, require no medical examination or health questionnaire, and the premiums are tax-deductible. They come with two coverage plans:
1. Global Savings Plus 15/8 Index-Linked, featuring: 8 years of premium payments providing 15 years of coverage; tax-deductible benefits; and annual cash payouts. 1. Global Savings Plus 25/5 with Index-Linked Returns: This plan offers a large lump sum payment upon contract maturity, up to 801% of the sum insured, exceeding guaranteed returns. It features the opportunity to receive returns based on a benchmark index at the end of the 10th policy year, upon contract maturity, in the event of death, or policy surrender. This is based on investments in the global Citi Grandmaster RC 5 Index, managed by Citi from the USA. Life protection is provided up to 835% of the sum insured.
2. Global Savings Plus 25/5 with Index-Linked Returns: This plan boasts the following features: Short premium payment period of only 5 years, providing 25 years of coverage encompassing all financial planning needs. Receive annual payouts and a large lump sum payment upon contract maturity of 501% of the sum insured, exceeding guaranteed returns. It offers the opportunity to receive returns based on a benchmark index at the end of the 10th, 15th, and 20th policy years, and upon contract maturity or in the event of death. Or in the case of policy surrender, which results from investment in the global index, the Citi Grandmaster RC 5 Index, managed by Citi from the United States, provides life coverage of 535% of the insured amount. Easy application, no medical examination or health questions required. Tax deductible up to 100,000 baht per year (according to the conditions of the Revenue Department). The company is committed to developing life insurance products and services to reach as many people as possible, to be a part of helping everyone confidently care for their families, businesses, and communities, standing by your side and caring for you always.
Those who want information on the "Global Savings Plus 15/8 Index-Linked" product can visit https://ktaxa.live/global-saving-plus-15-8-News and the "Global Savings Plus 25/5 Index-Linked" product can visit https://ktaxa.live/global-saving-plus-25-5-News or contact a company representative today. Representative offices nationwide, or scan the QR code below. For more information, please call 1159. Further details about this news can be found at https://ktaxa.live/Global_Saving_News
Ms. Laddawan Sittivoranant, Assistant Senior Vice President, Financial Institutions and Business Partners Division, Bangkok Life Assurance Public Company Limited, revealed that consumers currently prioritize longevity and well-being, leading them to pay more attention to financial and health planning for a better overall quality of life. Bangkok Life Assurance and Bangkok Bank have therefore collaborated to develop Gain 1st, a life savings insurance plan offering guaranteed returns to help customers achieve their goals. This new product is a savings plan designed for future financial planning coupled with health care, targeting all customer segments. To reinforce its position as a Family Solutions provider, we introduce two new plans:
GainFirst Savings & FlexiCare 12/6: An insurance plan designed to meet the needs of life planning at every stage, catering to adults with financial security and health protection goals, and working adults looking to plan for their future while maintaining their health. Available up to age 85, no medical examination required.
GainFirst Savings & FlexiCare 12/6 for Kids: An insurance plan specifically for parents with young children, focusing on future planning and laying the foundation for their children's lives from infancy. Available from age 0 to 18, no medical examination required.
Both savings life insurance plans are designed with a caring approach in mind, supporting every family's goals. They address financial security planning coupled with health care for a better quality of life. They offer guaranteed cash returns throughout the contract, with 2% annually at the end of each policy year (years 1-11), and a lump sum payment of 500% of the insured amount upon maturity. The product highlights its unique feature: a health care allowance tailored to lifestyle, amounting to 10% of the insured amount annually. This allowance can be used for medical expenses in case of illness, or for holistic health care (well-being), covering all expenses incurred at medical facilities. If the allowance remains unused, an additional 20% bonus will be awarded on the remaining health care balance.
Ms. Pornpimol Trongthientham, Senior Vice President of Bangkok Bank Public Company Limited, added that with the growing consumer focus on well-being, the "GainFirst Savings & FlexiCare 12/6" and "GainFirst Savings & FlexiCare 12/6 for Kids" life insurance savings products were designed to meet these needs. They combine comprehensive coverage with savings for financial security and holistic health care to prepare for future uncertainties, enabling individuals and families to confidently plan their lives.
Interested parties can inquire for more information at all Bangkok Bank branches nationwide. Or contact Bualuang Phone at 1333 and Bangkok Life Assurance Public Company Limited at 0 2777 8888 or www.bangkoklife.com. Note: Please understand the terms and conditions, coverage, and exclusions before making any insurance decision. The complete terms and conditions, coverage, and exclusions are specified in the policy.
Go To Lead
|