CIMB Thai Speed Plus 11/5(PAR)

Feature Highlight

• Short term payment 5 years and long-term coverage 11 years
• Receive cash coupon 2% ⁽¹⁾ at end of 1^st – 10^th policy year
• The end of maturity date (the 15th policy year) receive 500% ⁽²⁾ and maximum total survival benefit 520% ⁽²⁾
• The opportunity to receive dividends at the end of 2^nd – 10^th policy year and at the maturity date (it any, not guarantee)
• Maximum death benefit 500% ⁽³⁾
• No health declaration form and health check-up
• 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

Guaranteed Benefit

• Receive 2% ⁽¹⁾ at the end of policy year 1^st-10^th
• The end of maturity date receives cash return 500% ⁽²⁾
• Maximum total survival benefits 520% ⁽²⁾

Remark: ⁽¹⁾ of initial sum assured

              ⁽²⁾ In case of Maturity benefit company will pay maximum benefit among sum assured above or 100.5% of accumulated premium after

                 deduct accumulate coupon.

Non-Guaranteed Benefit

• The opportunity to receive dividends at the end of 2^nd – 10^th policy year and at the maturity date (it any, non-guarantee)

Death Benefit 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-11^th policy year receive 500% of sum assured

Remark: ⁽³⁾ In case of death benefit, the company will pay maximum benefit among sum assured above or cash value or 100.5% of

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

Eligibility & Requirements

• Male / Female aged: 1 month – 75 years old
• Minimum sum assured:

        - Age 1 month - 70 years: THB 30,000

        - Age 71 – 75 years: THB 100,000

• Maximum sum assured:

         - Age 1 month - 70 years: THB 30,000,000

         - Age 71 – 75 years: THB 15,000,000

Premium Rate per 1,000 Sum Assured

        - Age 1 month - 75 years: THB 995

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.

Example:

The insured aged 35-year with the sum assured amount of THB 100,000 Annual premium mode

Example Summary Benefit (Unit : THB)

⁽¹⁾ of initial sum assured

⁽²⁾ In case of Maturity benefit company will pay maximum benefit among sum assured above or 100.5% of accumulated premium after deduct accumulated coupon.

⁽³⁾ In case of death benefit, the company will pay maximum benefit among sum assured above or cash value or 100.5% of accumulated premium excluding rider premiums (if any) after deduct accumulates coupon.

⁽⁴⁾ Cash coupon is money or the rate that the company endorsed and paid at the date of the policy anniversary date as specified in the policy ⁽⁵⁾ The non-guaranteed benefit of the company which is paid in some years of profit under the condition that the policy is effective and the insured is alive on the policy anniversary of the policy year that the dividend is paid. In term of the insured used the cash value or extended term insurance, the insured will not receive such dividends. In case of the company will pay the dividends, the dividend paid (if any) may significantly differ from the above example. The dividends depend on the return of the investment used to calculate dividends on the assets of the dividend participating product portfolio deducted by the total cost of insurance policy, where the company will allocate to the insured at the rate of 80 percent according to the terms and method of dividend calculation specified by the company.

-  Annual Dividend (if any, non-guaranteed) is the dividend according to the terms of the insurance policy, whereby the company may  consider paying annual dividend start from the policy year 2^nd to 10^th of policy year to the insured.

- Dividend maturity (if any, non-guaranteed) is the dividends according to the terms of the insurance policy, whereby the company may consider paying dividends upon maturity of the contract to the insured in either of the following cases: Case 1: The insured is alive on the maturity date of the contract; Case 2: The insured dies before the maturity date; the Company will pay dividends upon maturity. Set the contract amount accumulated to the anniversary date. Policy year before the death of the insured

The amount of dividend shown above is an example of dividend based on the assumption that the company receive the return on investment used in the calculation of dividends from the assets of the participating product portfolio in dividends of 3%, 4%, 5% per annum throughout the contract less the total cost of the insurance policy. And allocated at the rate of 80 percent, the insured can know the investment proportion for the product group that participates in dividends, as well as check the rate of return on investment used to calculate the dividend from the assets of the product group. Participation in dividends each year via www.thailife.com

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.