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Gain 1st 424 (Par)
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Key Benefits

  • Short-Term Premium Payments Pay premiums for only 4 years and receive 12 years of term coverage
  • Cash Returns Receive cash returns every year
  • Guaranteed Returns Guaranteed a total return throughout policy period at 424% of the sum assured with an opportunity to receive a dividend on the maturity date

Coverage and Benefits

Coverage Benefits
1. If death occurs during the policy period

Receive benefits in % of sum assured or accumulated paid premiums, whichever amount is greater.

  • 1st policy year: Receive 100% of the sum assured
  • 2nd policy year: Receive 200% of the sum assured
  • 3rd policy year: Receive 300% of the sum assured
  • 4th - 12th policy year: Receive 400% of the sum assured
2. If no death occurs during the policy period, the Insured will receive up to 424% of the sum assured with an opportunity to receive a dividend on the maturity date

2.1 Benefits guaranteeing payment

  • At the end of the 1st - 6th policy years: Receive special annual cash return at 1.5% of the sum assured
  • At the end of the 7th - 11th policy years: Receive special annual cash return at 2% of the sum assured
  • On the maturity date: Receive cash return at 405%* of the sum assured

2.2 Dividends
On the maturity date: Opportunity to receive a dividend**

Notes

* If no death occurs during the policy period, the Insured will receive up to 350% of the sum assured together with the special cash return of 55% of the sum assured.
** The Company may consider paying dividends on the maturity date to the Insured. Dividend amount depends on the return on investment of the par - product assets throughout the policy period deducted by the total cost of this product which the Company will allocate at 80% of that surplus to the Insured. The dividend at the end of the contract will be different for each product according to terms and conditions, and dividend calculation method specified by the Company.

Requirements

  • Insurable age: 20 - 80 years
  • Coverage period: 12 years
  • Premium payment period: 4 years
  • Sum assured: 50,000 baht - no limit
  • Payment mode: Annually

Premium Rates

Per sum assured of 1,000 baht for both males and females

Age (years) Annual Premium (baht)
20 - 80 999

Annual premium discounts per sum assured of 1,000 baht for both males and females

Sum Assured (baht) Age (years)
20 - 80 71 - 80
50,000 - 299,999 - -
300,000 - 499,999 1 0.5
500,000 - 999,999 2 1
1,000,000 - 2,999,999 4 1.5
3,000,000 or higher 6 3

For age calculation of the Insured, a fraction of more than 6 months shall be counted as a full year.

Example Insurance Coverage

Male, aged 35 years. Sum assured 1,000,000 baht. (Annual discount premium 0.4%)

Policy Year Annual Premium (baht) Survival Benefits* (baht) Life Coverage** (baht)
1 995,000 15,000 1,000,000
2 995,000 15,000 2,000,000
3 995,000 15,000 3,000,000
4 995,000 15,000 4,000,000
5 - 15,000 4,000,000
6 - 15,000 4,000,000
7 - 20,000 4,000,000
8 - 20,000 4,000,000
9 - 20,000 4,000,000
10 - 20,000 4,000,000
11 - 20,000 4,000,000
12 - - 4,000,000
Total special annual cash returns at 19% of the sum assured 190,000 -
Maturity benefits + Special cash returns at 405% of the sum assured 4,050,000 -
Total benefits at 424% of the sum assured 4,240,000 -
Summary of Benefits Survival Benefits (at the end of policy year) Example of Dividends from Average Investment Rate of Return throughout the Contract***
3% 4% 5%
Total special annual cash returns 190,000 190,000 190,000 190,000
Maturity benefits 4,050,000 4,050,000 4,050,000 4,050,000
Opportunity to receive dividend on maturity date - 260,300 566,800 873,300
Total benefits 4,240,000 4,500,300 4,806,800 5,113,300
Total premiums 3,980,000 3,980,000 3,980,000 3,980,000
Net benefits 260,000 520,300 826,800 1,133,300

* Special annual cash returns and maturity benefits at the end of the policy year
** Receive benefits in % of sum assured or accumulated paid premiums, whichever amount is greater
*** The average return on investment that the Company receives from the investment of the par-product assets throughout the contract period. Customers can find returns on investment in each year from www.bangkoklife.com/parfund_ROI

How to apply

Easy to apply via Bangkok Bank Mobile Banking, simply go to “Banking” and select “Insurance”

For more information, please contact any Bangkok Bank branch or call Bualuang Phone 1333
or Bangkok Life Assurance Public Company Limited on (66) 0 2777 8888 or visit www.bangkoklife.com

Assured by Bangkok Life Assurance Public Company Limited

Notes

  • Insurance premiums are eligible for personal income tax deductions, in line with Revenue Department conditions.
  • Insurance products offered by the Bank are not the same as a deposit. In the event of early redemption, customers may receive returns less than the paid premiums, depending on the date the early redemption is made.
  • The Insured should read and study the terms and conditions carefully before deciding to buy insurance.
  • Bangkok Bank is a life insurance broker, acting as an agent between customers and Bangkok Life Assurance. Bangkok Life Assurance conditions apply to insurance approval.
  • The applicant has the duty to provide true information in applying for insurance. Any concealment of truth or declaration of false statements may cause the insurance company to cancel the insurance contract or refuse to pay the claims under the insurance contract.

For more information, please contact any Bangkok Bank branch or call Bualuang Phone 1333
or Bangkok Life Assurance Public Company Limited on (66) 0 2777 8888 or visit www.bangkoklife.com

  Call 1333   Call 02 777 8888   Bangkok Bank branch nationwide