KBank's Strategic Acquisition in Muang Thai Group Holding
K
KASIKORNTHAI
MTL's Life Insurance Product Profile
Four Major Types of Life Insurance Product
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
■Ordinary Life Insurance Products: Provide life protection for a fixed amount to an insured person
Can be further classified into four sub-categories;
➤ Endowment Life Insurance: Savings type product; insured person receives an amount at the certain period of
time or a designated beneficiary receives death benefits upon the death of the insured person within the insured
period (e.g. Pro Saving products)
Term Life Insurance: Provides temporary protection with no savings component. Claim can be made upon death
within the stated term period (e.g. MRTA products)
Whole Life Insurance: Provides life time protection (to the age of 90 or 99) with the death benefit paid to the
beneficiary upon the death of the insured (e.g. Pro Life products)
Rider: Additional coverage desired by the insured (sample of additional coverage: medical expense, accident)
■Group Life Insurance Products: Term insurance covering a group of people, usually employees of a company or
members of a union or association
■Industrial Insurance Products: Life insurance with a modest amount of coverage, low premium, and no health check
requirement
Personal Accident: A limited life insurance designed to cover the insured in case of personal accident
บริการทุกระดับประทับใจ
K
KASIKORNTHAI
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Sample of K-Bancassurance and MTL Products
K BANCASSURANCE
K-Bancassurance Products¹)
Endowment Life Insurance
Pheu Sasom Sub 11/3 Guarantee
Pay premium for only 3 years, but the coverage continues for 11 years
ความคุ้มค่า รร เป็น % นวนเงินเอาประกันภัย ณ วันเริ่มมีผมคุ้มครองตามกรมธรรม์
หรือมูลค่าเงินกินในขณะนั้น หรีด 101 % ของจำนวนเบี้ยประกันภัยที่ได้ชำระไว้ ตามแต่จำนวนได้ ramh
Life Coverage in % of the initial sum insured, or cash surrender value at the time,
or 101% of the paid premium, whichever is higher.
mtlMuang Thai Life Assurance Products²)
Endowment Life Insurance
Muang Thai Smart Linked 15/3 (Global)
Payment premium for only 3 years, but the coverage continues for 15 years
330%
ชำระเบี้ยประกันฝัน
ณ พัชร
300%
200%
100%
หยุดป่ะเบี้ยประกันภัย
Stop premium
payment
รา
0
1
2
4
5
6
7
8
9
10
11
Premium payment
at the beginning
of policy year
End of policy year
เป็นจ่ายสิน
Cash bonus
- - - - - - รับเงินจ่ายคืน 15% ณ สิ้นปีกรมธรรม์ ทุกๆ ปีกรมธรรม์ ยกเว้นในปีกรมธรรม์ที่ครบกำหนภิญญา = = = = = =
Life Coverage
220
110%
End of Policy Year
Premium Payment at the
Beginning of Policy Year
Cash Bonus
15
th th
1%
1%
1%
1%
1% 196
15
103
Maturity
Benefit
Maturity
Dividend
300%
Kifany
(1) Benefit and coverage are % of the initial sum insured. In case the benefit amount and coverage are stated incorrectly, the specified
% shall apply.
(2) The dividend shall be paid to the insured who is alive upon contract maturity only. However, the Company does not guarantee
maturity dividend.
(The amount shown in the schedule below is calculated based on "Maturity Dividend Formula" only.)
The Company shall pay 300% of the initial sum insured or 101% of the paid premium to the insured, whichever is higher.
(4) Life coverage is equivalent to % of the initial sum insured according to the above schedule or the cash surrender value at that time
or 101% of the paid premium (whichever is higher).
Receive cash bonus at 3% at the end of policy years Except at the end of policy maturity
สราญญา 309% 300 านวนเงินเอาประกันภัย
101
วนเบี้ยประกันภัยที่ได้ชำระไว้
Maturity benefit is 309% of the initial sum insured
or 101% of the paid premium, whichever is higher.
(3)
Term Life Insurance
MRTA-Home (Mortgage Reducing Term Assurance)
Example, in case the customers choose to insure their loan in full term and full coverage
Loan Amount
Sum insured amount
Premium
payment
at the beginning
of policy year
The
contract
starts
Coverage of Pitaksin-Home
is equivalent to the reducing
sum insured amount
Policy Year
Coverage
•
S
Loan Amount
Scenario 1:
Death or total and
permanent disability
The customers can choose to
continue the coverage
throughout the contract term
or receive cash surrender
value
Term Life Insurance
Khumkhrong Baep Khongthi Life-Bukkhon
Single Premium payment period, but the coverage can be chosen between 1 - 15 years
Term of installment loan
Term of insurance
10
12
14
15
End of Policy Year
Premium Payment
Scenariol
Early Redemption
at the Beginning of
Policy Year
Remark: the above coverage is based on an assumption that the customer's credit repayment history is normal according to the Bank's loan contract
1) K-Bancassurance products are MTL's life insurance products selling through KBank
2) Muang Thai Life Assurance products are MTL's life insurance products selling through MTL sales agents, and/or other channels
บริการทุกระดับประทับใจ
Remark (1) Is in % of the initial sum insured
Coverage Period
Premium Payment Period
1-15 Years
Single Premium
100% (1) Life Coverage
Maturity
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