CIMB Thai Sabai Savings 15/6

Key Features

• Pay premium only 6 years but get life coverage for 15 years
• Get annual cash back of 2.50% of sum assured at the end of 1^st – 14^th policy year
• Get a lump sum payout equal to 150% of sum assured upon maturity
• Get life coverage up to 150% of sum assured (from the 6^th – 15^th policy year)
• Get tax benefit up to THB 100,000 per year 

Tax Benefits

Premium of life insurance is eligible for tax deduction up to THB 100,000 per year (according to the discretion of the Revenue Department).

Plan Benefit

Living Benefit

• Get annual cash back of 2.50% of sum assured at the end of 1^st – 14^th policy year
• Get a lump sum payout equal to 150% of sum assured upon maturity

Death Benefit

The company will pay death benefit to the beneficiary equal to the greater of the cash surrender value, the total premium paid, or the sum assured as follows:

• 100% of sum assured will be payable, if death of the life assured occurs during the 1^st policy year – the 5^th policy year
• 150% of sum assured will be payable, if death of the life assured occurs during the 6^th policy year – the 15^th policy year

Product Features

• Issue Age : 1 month – 70 years             
• Minimum Sum Assured : THB 100,000                                                                  
• Maximum Sum Assured : (Depending on Prudential Life Assurance (Thailand) Public Company Limited’s underwriting rules)

Annual Premium Rate: Based on an applicant’s age and sum assured

Premium Payment Method

• Premiums must be paid annually.
• The first-year premium can be paid by cash, cheque, or credit card (Visa, Mastercard or JBC).
• Renewal premiums can be paid by cash, cheque, or credit card (Visa, Mastercard or JBC). You can pay renewal premiums by automatic direct debit from bank’s account as well. To set up direct debit from your bank account to pay your renewal premium, you need to confirm your bank account’s details by filling in a direct debit mandate in an application form. And the renewable premiums will be debited starting from the next premium due date.  

Note

• This insurance product information document is intended for sales purposes only and is not part of an insurance contract. The applicant should understand coverage details and all the terms and conditions clearly before making the final commitment. 
• This is a life insurance product. It is not a bank deposit. To get the maximum benefits from insurance policy, the applicant should continuously pay the premium through to the end of the premium payment period and holds the policy until the end of the policy contract. If the policy is terminated before the end of the contract, the applicant may not have received the original amount or the full amount he/she already paid.
• This insurance product is underwritten by Prudential Life Assurance (Thailand) Public Company Limited. The underwriting is subject to conditions and criteria set by the company.
• CIMB Bank is a life insurance broker and has responsibility for an action as a life insurance broker only.
• Bank’s contact channels : Any branches of CIMB Thai Bank Public Company Limited, CIMB Thai Care Center 0 2626 7777, CIMB Thai website www.cimbthai.com

If you have any questions or require any further information, please contact

• Any branches of CIMB Thai Bank Public Company Limited, CIMB Thai Care Center 0 2626 7777, CIMB Thai website www.cimbthai.com
• Prudential Life Assurance (Thailand) Public Company Limited. Customer Service Center 1621 (during office hours), FAX: 0 2353 4888, or email: hotline@prudential.co.th