FWD Life Insurance invites you to plan your taxes wisely with life and health insurance, which combines financial tools and life protection.

Mr. David Korunic, Chief Executive Officer, Thailand and Cambodia, FWD Life Insurance Public Company Limited (FWD Life Insurance), said, "Tax planning with life insurance means maximizing the value of your existing benefits. Turn tax deduction opportunities into investments to build protection and a secure financial future. Not only do you receive tax benefits, but you also receive protection, savings, and retirement income. This is the foundation for a sustainable life, enabling everyone to celebrate living with confidence." To support diverse financial goals, FWD Life Insurance offers three main tax planning strategies:

1. Wealth Builder: For those looking to establish financial discipline through goal-oriented savings, enhancing life security. To qualify for a tax deduction of up to 100,000 baht (as determined by the Revenue Department), consider Easy E-Save 10/5, an endowment insurance policy with a short premium payment period of just 5 years and 10 years of life insurance coverage. Plan your health coverage to prepare for future medical treatment with Easy E-Health, a lump-sum health insurance plan that provides hospitalization coverage with a lump-sum payment of up to 1,500,000 baht per year.

2. Smart Investor: For investors who want to combine life insurance with the opportunity to generate long-term returns from investing in mutual funds. Investment-linked life insurance offers both financial stability and growth. FWD Ultra Linked 99/99 is an investment-linked life insurance plan that provides life coverage up to age 99. Premiums start at 12,000 baht per year and offer coverage ranging from 8 to 200 times the base premium. FWD Future Linked 99/9 is an investment-linked life insurance plan that offers life coverage up to age 99 with 9-year premium payments and life coverage up to 50 times the base premium.* The coverage period depends on the fund's performance and the unit redemption value, while the life coverage depends on the insured's age.

3. Retirement Planner: For those who want to confidently plan for retirement with pension insurance, ensuring post-retirement income and allowing them to live life to the fullest without financial worries, with a tax deduction of up to 300,000 baht (as determined by the Revenue Department). Easy E-Retire 90/5 is a pension plan designed for financial planning for retirement. Pay premiums for a short period of just 5 years and receive an annual pension from age 60 to age 90. Your pension increases by up to 28% of the sum insured as you age, ensuring a stable income throughout your retirement.

FWD Life Insurance summarizes key information regarding tax deductions from insurance premiums as follows: • Health insurance premiums: Up to 25,000 baht tax deduction • General life insurance premiums: Up to 100,000 baht tax deduction • General life insurance premiums plus health insurance: Up to 100,000 baht tax deduction • Pension insurance premiums: Up to 200,000 baht tax deduction, with a maximum of 300,000 baht combined with life insurance premiums • Parental health insurance premiums: Up to 15,000 baht tax deduction if your parents earn no more than 30,000 baht per year • Spouse life insurance premiums: Up to 10,000 baht tax deduction if both spouses have no income and file joint taxes Regardless of the financial plan chosen for tax deductions, discipline and financial tracking are crucial. FWD Life Insurance customers can easily manage their financial plans and tax benefits via the Omne by FWD application, which helps manage policies, recommends savings plans, and updates policy information in real time, anytime, anywhere. This convenient, comprehensive service makes financial planning more efficient and responsive.

Things to Consider Before Choosing Insurance FWD Life Insurance recommends that customers consider the following key factors before deciding on an insurance policy: 1. Assess Your Actual Needs - Choose insurance that meets your coverage needs, not just for tax deductions. 2. Plan Your Budget - Choose a plan that allows you to comfortably pay premiums without impacting your daily expenses. 3. Study the details carefully - Read the policy terms, coverage, limitations, returns, risks, and expenses thoroughly before making a decision. 4. Understand the premium payment period and coverage period - Different types of insurance have different premium payment periods and coverage periods. Choose the one that best suits your goals and financial situation. 5. Consult an Expert - If in doubt, consult a FWD life insurance agent or financial advisor for appropriate advice.

Those interested in insurance products and tax deductions can find more details at For more information, please visit www.fwd.co.th or contact a FWD life insurance agent nationwide or contact the FWD Customer Service Center at 1351.

The latest survey, "Consumer Survey 2023: How to Adjust Your Savings for the Future as Time Counts Down," by SCB EIC, found that Thais prioritize consistent savings. Over 37% of consumers achieve their monthly savings goals. Among those earning 50,000 baht or more, 66–76% consistently save. This demonstrates a trend in which young professionals are increasingly concerned about managing their finances for the future. This data suggests that savings, coupled with protection, is becoming an important choice for the new generation seeking both stability and security.

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