CIMB THAI Wealthy Care Savings 88/8

Key Features

Guaranteed annual cashback 10% of the Sum Assured of the life insurance policy

• Receive 10% of the Sum Assured of the life insurance policy as annual cash return starting from the 1^st policy year until the full age of 87. Enhance cash flow and enjoy financial flexibility to support every stage of life.

A solid foundation at age 88 with a substantial lump sum of 808% of the Sum Assured of the life insurance policy

• Receive a lump sum benefit of 808% of the Sum Assured of the life insurance policy at the full age of 88. This guaranteed payout provides security and allows you to live with dignity and independence, without relying on anyone else.

Comprehensive protection, peace of mind at every stage of life.

A strong shield for life’s unexpected moments with 100%**, **** Invasive Cancer Coverage

• Diagnosed but still protected. If diagnosed with invasive cancer, this provides additional financial support for treatment without affecting personal savings.

Financial plan stays on track — even in the face of Total Permanent Disability****

• Premiums will be waived but the coverage continues uninterrupted, and all guaranteed benefits remain fully intact, ensuring long-term financial security.

High Life Coverage with Protection for Your Loved Ones with Life Protection 808%***

• Receive life protection up to 808%***, ensuring that your loved ones are financially secure, no matter what happens.

A seamless starting point with assured plan management

• Unlock financial freedom with only 8 years of premium payments, receive comprehensive coverage and guaranteed benefits up to age 88.
• Easy Application, No Medical Examination Required. Simply answer one health question to apply (terms and conditions as defined by the company)

* % of the Sum Assured of the life insurance policy

** % of the Sum Assured of the Invasive Cancer Benefit 88/8 Rider (CA)

*** % of the Sum Assured of the life insurance policy. The company will pay benefits to the beneficiary(ies) as the greater amount between the policy surrender value, 101% of the total premiums paid and Invasive Cancer Benefit 88/8 Rider (CA) (if any) In the event that benefits under this rider have been paid, the premium for this rider will not be included in any calculation or consideration, or the death benefit for the policy year.

**** The Company reserves the right to underwriting for the following supplementary contracts: Invasive Cancer Benefit 88/8 Rider and Waiver of premium due to Total and Permanent Disability, Plan WP 2025 Rider (Coverage Provided Without Additional Premium). The underwriting decision, including the Sum Assured, is subject to the underwriting rules and conditions as determined by the Company.

Tax Benefits

Premium of life insurance plan is entitled to annual tax deduction up to THB 100,000 per year. Premium of Health Rider, Invasive Cancer Benefit 88/8 Rider is entitled to annual tax deduction up to THB 25,000. However, the deduction for health insurance premiums together with the life insurance premiums paid cannot exceed THB 100,000 per year (according to the discretion of the Revenue Department).

Insurance Details

Premium Discount Rate for the Life Insurance Policy

The premium discount rate has been approved by the Office of Insurance Commission (OIC).

Coverage Benefits

**** The Company reserves the right to underwriting for the following supplementary contracts: Invasive Cancer Benefit 88/8 Rider and Waiver of premium due to Total and Permanent Disability, Plan WP 2025 Rider (Coverage Provided Without Additional Premium). The underwriting decision, including the Sum Assured, is subject to the underwriting rules and conditions as determined by the Company.

Note

1. “CIMB THAI Wealthy Care Savings 88/8” is the marketing name of the endowment policy “PRU Life Insurance 88/8 (7) (Non-Par), Invasive Cancer Benefit 88/8 Rider and Total and Permanent Disability, Plan WP 2025 Rider (Coverage Provided Without Additional Premium).

2. This is a life insurance product. It is not a bank deposit. To maximize the benefits from the insurance policy, the Insured should continuously pay the premium through to the end of the premium payment period and hold the policy until the end of the contract. If the policy is terminated before the end of the contract, the Insured may not receive the maximum benefits from the policy or the full amount of premiums paid.

3. Policy benefits are tax-free and are not subject to legal enforcement (except for insurance premiums that have already been paid).

4. It is the Insured’s responsibility to pay premium.  An insurance agent or broker that accepts a premium payment by the Insured is solely for the purpose of providing service to the Insured.

5. The Insured has a right to cancel the policy within 15 days from the date of receipt of the policy document. The Insured will get the remaining premium after deducting the company’s expenses of THB 500 and health checkup fee (if any). If the insurance policy is offered and sold through electronic channels, premiums will be fully refunded without charge. The Insured is not allowed to cancel this insurance policy if the Insured has already filed a claim.

6. The Insured has the right to surrender the policy.  After deducting any amounts owed to the company (if any), the Insured will receive the surrender value as specified in the policy value table, along with any other benefits (if any) or choose to convert the policy to extended term insurance or change it to Reduced Paid-up according to the conditions specified in the policy.

7. This document provides essential information about the insurance plan. The Insured should read and study additional details regarding benefit payment terms, conditions, requirements, exclusions, and policy benefits outlined in the insurance policy issued by the company.

8. Insurance policy exclusions

(1) In the event of non-disclosure or misrepresentation, the company will terminate the contract within 2 years from the effective date or renewal or reinstatement of the insurance policy or the approval date to increase the Sum Assured (only for the increased part).

(2) In the event of suicide within one year from the policy effective date or renewal or reinstatement or the approval date to increase the Sum Assured (only for the increased part), or the Insured gets intentionally murdered by the beneficiary.

Example : Some of the exclusions in Invasive Cancer Benefit 88/8 Rider

• Inhale, eat, drink, inject or intake toxic substances while sane or insane.

• The Insured refuses to receive medical treatment, advice or refuses to follow doctor’s orders.

• Medical treatment prescribed by the Insured who is a physician for himself/herself, including treatment provided by a physician who is the Insured’s parent, spouse, or child.

Example : Some of the exclusions in Total and Permanent Disability, Plan WP 2025 Rider (Coverage Provided Without Additional Premium)

• Suicide, self-inflicted injury, or any attempt thereof, whether the insured is sane, or insane.

• While the insured is committing a serious criminal offense, or during arrest, or while fleeing from arrest.

• War (whether declared or not), invasion, acts of foreign enemies, civil war, revolution, insurrection, civil commotion amounting to an uprising against the government, riot, strike, or acts of terrorism.

(Please refer to the exclusions specified in the life insurance policy and its supplementary riders for full details)

9. Premium of life insurance plan is entitled to annual tax deduction up to THB 100,000 per year. Premium of Health Rider, Invasive Cancer Benefit Rider 88/8 is entitled to annual tax deduction up to THB 25,000. However, the deduction for health insurance premium together with the life insurance premiums paid cannot exceed THB 100,000 per year (according to the discretion of the Revenue Department).

10. CIMB THAI BANK Public Company Limited, is a life insurance broker and has responsibility for an action as a life insurance broker only. This insurance product is underwritten by Prudential Life Assurance (Thailand) Public Company Limited.

11. 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) , or email: hotline@prudential.co.th

Warning :

1.       The applicant should study, read and understand the sales documents before deciding to purchase insurance. When receiving the policy, please study the details of the terms and conditions in the policy.

2.        The Insured must disclose health information truthfully. Any concealment or misrepresentation may entitle the Company to void the policy and deny payment of benefits, in accordance with the Company’s underwriting terms and conditions.