ttb money saver 15/6

Male employee, age 25, plans to save money for the future, so, he buys ttb money saver 15/6 and pays annual premium of THB 26,000 for a sum assured of THB 100,000.

Benefit details

Issuev Age	1 month - 70 years
Coverage Period	15 years
Premium Payment Term	6 years
Sum Assured	Starting from THB 100,000
Premium	The premium is subject to age and the sum assured.
Underwriting	No medical exam (simply need to answer basic health questions) according to criteria determined by the company
Mode of Premium Payment	Annual

Annual cash return

Receive annual cash return of 2.5% of sum assured at the end of 1^st – 14^th policy year

Maturity Benefit

Receive cash return of 150% of sum assured at the end of 15th policy year

Receive benefits equal to surrender value or total premium paid or a percentage of sum assured, whichever benefit is higher.

1^st – 5^th policy year	Receive 100% of sum assured
6^th – 15^th policy year	Receive 150% of sum assured

Note

This product is a life insurance product not a bank deposit. For the maximum benefit from the policy, the policyholder should continuously pay the premium throughout the premium payment period as well as holding the policy contract until its maturity. In case the policy contract is terminated prior to its maturity, the applicant may not receive cash benefit in the amount equivalent to the maximum policy benefit he/she is entitled to, or in the amount equivalent to all the premium paid.
The applicant should read, study, and understand the proposal before deciding to buy an insurance. Once receiving the policy contract, please read details, terms and conditions thoroughly.
Premium paid for life insurance policies with coverage period of 10 years and above is entitled to personal income tax deduction up to the maximum of 100,000 Baht per year according to the Department of Revenue’s regulations.

Terms and conditions

Application Documents Required

A fully completed Appliaction Form for ordinary life insurance with short health questions.
signed by both the applicant and the seller.
A copy of identification card, certified true with an original signature.
For Foreign Applicant, please provides a copy of passport, visa and a copy of work permit which up to date with the latest information, including answer all the questions on Declaration Form for Non-Thai national.
For the applicant with risk occupation and/or with greater than or equal to more than THB 2 million premium, please provide Customer Due Diligence Form

Download E-Brochure

Underwritten by

TMB Bank Public Company Limited, in its capacity as the insurance broker, will facilitate the insurance transaction and premium payments only, while Prudential Life Assurance (Thailand) Public Company Limited will be responsible for providing the coverage and benefits as stated in the insurance contract

Frequently asked questions

Does ttb money saver 15/6 life insurance pay dividends?

answer : No, because it is a non-participating saving insurance plan.

How much and when do I get returns on ttb money saver 15/6?

answer : You will receive annual cash return of 2.5% of sum assured at the end of 1st – 14th policy year, and you will get a lump sum worth 150% of the sum assured at maturity.

Can I leave my yearly cashback with the company to earn more interest?

answer : No, you cannot leave your yearly cashback with us.

Is this life insurance tax deductible?

answer : Yes, this life insurance premiums are tax deductible up to THB 100,000 (according to the Revenue Department’s Regulations on Income Tax No. 172).

Product highlights

Short-term savings with Long-term protection

Cash return from the end of 1st policy year

Create your safety net with lump sum benefits

Peace of mind with the benefits of life coverage

Tax benefits

Coverage and benefits

Customer Journey

Benefit details

Terms and conditions

Frequently asked questions

Cash return from the end of 1^st policy year