NotiPass_80%K-Trade Connect will be closed on December 11, 2019 at 10:00 p.m. and resuming services on December 12, 2019 at 02:00 a.m. $More Details.%/en/announcement/Pages/SystemMaintenanceK-Trade-Connect.aspx
KWebPageContentHead
Life Insurance: Whole Life 99/9
9-year term,
coverage until 99.
Tax-deductible.
100% maturity benefit at the age of 99.
HtmlBlock
11
Padding
KWebPageComponent1HTML
9-year premium payment terms,
coverage up to 99 years of age
Get 100% maturity benefit
when you are 99 years old
Tax deductible
Only life insurance premiums
Note:
- - % of the sum insured as of the contract start date.
- - According to a declaration of the Revenue Department director general regarding income tax, issue 172, announced on December 30, 2008.
Black
Middle|Left
Left
HtmlBlock
21
Padding
Black
Middle|Left
Left
HtmlBlock
31
Padding
KWebPageComponent3HTML
Benefits
Note: % benefits and coverage of the sum insured as of contract starting dateas of the contract start date.
Black
Middle|Left
Left
HtmlBlock
41
Padding
KWebPageComponent4HTML
Coverage and Conditions
| Coverage |
|---|
- Upon contract completion, get the due contract amount of 100% of the sum insured as of the contract start date
- Get life insurance at 100% of the sum insured as of the contract start date or the surrender value at that time (whichever is higher)
- Exclude the premium payment if the insured becomes totally permanently disabled.*
|
*The contract additionally includes the benefit of premium exemption for the insured (for the insured aged between 20 and 59 years).
| Integrity of the insurance contract |
|---|
| Should the policy holder or insuring or insured party knowingly misrepresent any fact and fail to disclose that fact to the company while requesting insurance, if that fact becomes known to the company, that may lead the company to charge a higher premium or decline to enter the insurance contract; the insurance contract shall become void according to Section 865 of the Civil and Commercial Code by which the company may nullify the contract and refuse to pay according to the policy. |
| Circumstances that the company does not cover |
|---|
- The insured voluntarily commits suicide within 1 year of the contract date or policy renewal date, or last date that the policy returns to the original status
- The insured is intentionally killed by the beneficiary
- The insured misrepresents his or her actual age, and the company is able to prove that upon entering the insurance contract, the actual age falls outside the insurance premium rate limit based on the normal trade of the company
|
Life Insurance Provider
|
|---|
Life Insurance Company
Muang Thai Life Assurance Public Company Limited | Life Insurance Broker
Kasikornbank Public Company Limited as the brokerage firm
License No. Chor. 00024/2546 |
Note:
- Benefits and coverage are in % of the initial sum insured.
- Life insurance premium of this insurance plan is eligible for personal income tax deduction according to the Notification of the Director-General of the Revenue Department on Income Tax No. 172 announced on 30 December 2008.
- Benefits, coverage and exclusions shall be in accordance with the conditions stated in the insurance policy.
- Underwriting is subject to the Company’s rules.
- KASIKORNBANK PCL, as life insurance broker, presents life insurance products and facilitates payment of premium only. Muang Thai Life Assurance Public Company Limited is responsible for the conditions, coverage and entitled benefits as stated in the insurance policy conditions.
- Warning: Buyer should have an understanding in details of the coverage and conditions before making a decision to purchase an insurance every time.
Black
Middle|Left
Left
InvisibleSectionName
10
Padding
KWebPageComponent5HTML
Key Features
Black
Middle|Left
Left
InvisibleSectionName
20
Padding
KWebPageComponent6HTML
Insurance Details
Black
Middle|Left
Left
InvisibleSectionName
30
Padding
KWebPageComponent7HTML
Benefits
Black
Middle|Left
Left
InvisibleSectionName
40
Padding
KWebPageComponent8HTML
Coverage
Black
Middle|Left
Left
HtmlBlock
42
Padding
KWebPageComponent9HTML
Frequently Asked Questions
How much is the annual premium for Life Insurance for Lifetime Coverage 99/9 ?
For the insured aged 1 month – 70 years old, the sum insured is 500,000 baht. The annual premiums are listed as follows
- Insurance premium 13,130 – 55,440 baht (for males)
- Insurance premium 11,595 – 55,440 baht (for females)
Does Life Insurance for Lifetime Coverage 99/9 have any refund benefits during the contract?
When the insured turns 99 years old, he or she can receive a refund after the maturity of the contract of 100% of the sum insured as of the start date of the contract. (There is no refund during the contract period.)
Can the insured purchase additional coverage for the contract?
You can buy additional coverage such as coverage for accidents, medical expenses, and deadly diseases, until you turn 60 to 70 years old, depending on the contract.
Can the premium for a Life Insurance for Lifetime Coverage 99/9 policy be used as a personal income tax deduction?
It can be used as a personal income tax deduction according to the notification of the director general of the Revenue Department on Income Tax no. 172 as announced on December 30, 2008, for a maximum of 100,000 baht. The company will issue a certificate of insurance premium payment as proof of the tax deductible premium payment.
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left
None
Padding
Black
Middle|Left
Left