CIMB Thai High Net Worth 99/10

Key Features

• 10 years of premium payment term and coverage until the age of 99 years⁽¹⁾
• Maximum benefit for terminal cancer claim of up to 50 MB
• Get premium discount for the insured with good health condition⁽²⁾
• Get cash refund 100% of sum assure (at the policy anniversary age 99 years)⁽³⁾

 ⁽¹⁾ Terminal Cancer coverage does not include for terminal cancers diagnosed within the first 90 days after policy effective date

⁽²⁾ Premium discount is available for the insured aged between 18 – 70 years who are in excellent health by filling in the preferred rate form

⁽³⁾ In case of the benefit for terminal cancer is paid, the company will pay the amount of sum insured deducted by the benefits the insured received recorded in the endorsement.

Tax Benefits

Life insurance premium is eligible for personal income tax-deductible for actual amount paid but not exceeding 100,000 baht per year. (According to the revenue department director's announcement No.172)

Benefit and Coverage

In the case of death or Survival Coverage

The benefit will pay equivalent to sum assure or sum assure deduct terminal cancer coverage (if any)

Terminal Cancer Benefit ⁽¹⁾

This benefit will cover for insure person who are diagnose with or undergo a medical procedure for the last stage of cancer

The insurance will cover the expense equal to sum assure but maximum not over 50 MB per person

In case such benefit has paid and there is a remaining sum assure left, the policy will continue to cover for life coverage but if the expense already max out equal to sum assure in such case, the policy will terminate.

⁽¹⁾ Terminal Cancer will not cover the last stage of cancer occurred within 90 days after policy effective date

Exclusion

1. Not terminal illness coverage in case such insure persons are diagnoses with or undergo a medical procedure for the last stage of cancer,  
2. HIV
3. The Medical treatment are undertaking by insure person or family (spouse or child)

Sum Assured

• Minimum sum assured: 10,00,000 baht
• Maximum sum assured: THB 999,000,000 Maximum sum assured: Depend on underwriting conditions, Subject to age and occupation of Thai Life Insurance Plc. (Count every active “Thai Life Legacy fit 99” policy and Sum Assured  in every Thai Life channel)

1. 100 MB : Age 1 month – 15 years
2. 200 MB : Age 16 – 17 years
3. 350 MB : Student age 18 years above or Non-Income Earner or Retirees
4. 999 MB : Income Earner (exclude condition No.1-3)

(In case of minor insurer, student or non-income earner, the insurer's parent or spouse must have same or higher sum insured than such insure person and they have to show their policy or receipt to the insurance company)

Underwriting Conditions

• Terminal cancer cover maximum up to 50 MB
• Financial statement is require
• Health Declaration Form and Health Check-up: Normal practice by regulations of Thai Life Insurance Plc.

Discount Preferred Rate

1.    Aged between 18 - 70 years

2.    Preferred rate form is require

3.    Underwriting guideline and medical examination is subject to the rules specified by the company

Non-Medical Limited

• Max SA 20 MB per life = Age 1 month – 15 years *
• Max SA 50 MB per life = Age 16 – 50 years
• Max SA 20 MB per life = Age 51 – 55 years

*Require health checkup book of age 1 month – 3 years

Remark : Non-Med Limited apply for clean case only, the condition might be change subject to health declaration.

Premium Rate 

• Depend on age, gender, sum assured and premium payment mode.

Remark

• The information herein is only partial that is intended for the sales purposes only and not considered an integral part of the insurance contract. Insured are advised to study and understand the policy for their own benefit.
• Insured should understand the details pertaining to coverage and conditions prior to committing to any insurance plan.
• This product is a life insurance and not a deposit. Insured should pay the insurance premium until the completion of the insurance premium payment period and hold on to the policy until maturity in order to gain the greatest benefit. In the case where the coverage ends prematurely, Insured may not reacquire the principal in its entirety or at all.
• CIMB Thai Bank Plc. is only an insurance broker that recommending the channel for the insurance and receives an insurance premium under the name of Thai Life Insurance Plc. only, If you have any query about Life insurance, please contact Thai Life Insurance Plc. Tel. 0 2247 0247
• Contact : All branches of CIMB Thai Bank Plc., CIMB Thai Care Center 0 2626 7777, CIMB Thai website www.cimbthai.com
• Life insurance is provided by Thai Life Insurance Plc. The bank is merely the broker that recommending the channel for the insurance.