CIMB Thai SABMANGKANG 80/8

Feature Highlight

• Short term payment 8 years and long coverage until the age of 80 years
• Receive cash coupon 8% ⁽¹⁾ at end of policy year 1^st – age 79^th
• The end of maturity date receives cash return 808% ⁽²⁾  at age 80^th
• Maximum total death benefit 800% ⁽³⁾
• Receive the tax-deductible for actual amount paid maximum 100,000 baht per year.

Tax Benefits

Life insurance premium is eligible for tax-deductible for actual amount paid maximum 100,000 baht per year. (According to the revenue department director's announcement No. 172)

Benefit and Coverage

Survival Benefit:

• Receive cash coupon 8% ⁽¹⁾ at end of 1^st – 79^th policy year
• The end of maturity date receives 808% ⁽²⁾ at age 80^th

Remark: ⁽¹⁾ of initial sum assured

                        ⁽²⁾ In case of Maturity benefit company will pay maximum benefit among sum assured above or 101% of accumulated premium after

                 deduct  accumulated coupon.

Death Coverage ⁽³⁾   

• The 1^st  policy year receive 100% of sum assured
• The 2^nd  policy year receive 200% of sum assured
• The 3^rd  policy year receive 300% of sum assured
• The 4^th  policy year receive 400% of sum assured
• The 5^th  policy year receive 500% of sum assured
• The 6^th  policy year receive 600% of sum assured
• The 7^th  policy year receive 700% of sum assured
• The 8^th  – age 80 receive 800% of sum assured

Remark: ⁽³⁾ In case of death benefit, the company will pay maximum benefit among sum assured above or cash value or 101% of

                  accumulated premium excluding rider premiums (if any) after deduct accumulates coupon.

Example:

The insured aged 35-year with the sum assured amount of THB 1,000,000 with annual premium mode

Summary Benefit

Receive cash coupon 8% at end of policy year 1^st  –  age 79^th    

Receive cash coupon THB 80,000 per year, total 44 times amount                        THB   3,520,000

Maturity benefit                                                                                                                THB   8,080,000

Total Survival benefit                                                                                                        THB 11,600,000

Benefit add on main policy premium                                                                            THB   5,710,480

Rider attachment

Free for Waiver of Premium Rider (for standard case)

Total Permanent Disability (for standard case)

In the event of Insured’s becomes totally and permanently disabled (TPD) before the payer reaches age 60. The company will waive the basic’s premium until the anniversary date. Not included other rider premiums.

Total Permanent Disability definitions

Loss of both eye sights, total and incurable blindness

Loss of hands or feet

Loss of one eye sight and hand, or one foot

Loss of hand or feet means writs being amputated, ankle being or loos of use of amputated functionality

Exclusion

Suicide or self-inflicted injury

Insures person who under on navy, army, and air force duty or volunteer

Boarding in a non-regularly scheduled flight as a pilot, student pilot, member of the crew or passenger.

Payer Benefit Rider is available to purchase as an additional Insurance contract.

In case insured is minor and payer’s death or the payer becomes totally and permanently disabled (TPD). The company will waive the basic’s premium until the anniversary date.

Payer's age must be between 20 - 50 years (Parent only)

Insured age must not be over 20 years

Exclusion

Suicide or self-inflicted injury

Payer who under on navy, army, and air force duty or volunteer

Boarding in a non-regularly scheduled flight as a pilot, student pilot, member of the crew or passenger.

Eligibility & Requirements

• Male / Female aged: 1 month – 65 years old
• Minimum sum assured: 100,000 baht
• Maximum sum assured:  Unlimited (Depend on underwriting conditions of Thai Life Insurance Plc.)
• Health Declaration Form and Health Check-up: Normal practice by regulations of Thai Life Insurance Plc.
• Premium vary by age and gender

Premium Payment Method

• Premium is payable by annual basis
• First year premium is payable via cash, cheque, credit card (Visa, Master Card, JCB).
• Renewal year premium is payable via cash, cheque, credit card (Visa, Master Card, JCB) and direct debit.
• For direct debit, the account details and bank are collected upfront in the proposal form.

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.