Currency and Interest Rate Outlook
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
mtl
Muang Thai Life Assurance Products²
Endowment 615 Participating (Global)
Pay premium for only 6 years, but the coverage continues for 15 years
ความคุ้มครองชีวิตมิน 5% ของจำนวนเงินเอาประกันภัย ณ วันเริ่มเมืองคุ้มครองตามกรมธรรณ์
หรือมูลค่าเพิ่มขึ้นในระยะนั้น ตามแต่จำนวนใดจะมากกว่า
Life coverage is in % of the initial sum insured, or cash surender value at the time, whichever amount is higher
600%
ชำระเบี้ยประกันภัย
550%
440%
300%
Premium payment at the
220%
beginning of policy year
110%
De
I
End of policy year
0
1
2
3
4
5
7
8
9
10
11
12
13
14
15
นาย
Cash bonus
- - - - - รับเงินจ่ายค้น 5%. ณ ในปีกรมธรรม์ ทุกๆ 2 ปีกรมธรรม์ ยกเว้นในปีกรมธรรม์ที่ครบกำหนดสัญญา - - - - -
Receive cash bonus at 5% at the end of policy year for every two polley years. Except at the end of polley maturity
Maturity
600%
Ad
Matty d
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
"
a
"
4
"
Coverage
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
MUANG THAI 101 Plus Campaign
Single Premium payment period, but the coverage continues for 10 years
Life Coverage 110%
Or cash surrender value at that time (whichever is higher)
End of Policy Year 00034567891
Premium Payment at the
Beginning of Policy Year
Cash Bonus(1)
Remark
Maturity
Maturity
1%
1%
1%
1%
Benefit +Dividend
101%0
(if any)
(1) Benefit and coverage are in % 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 in case the insured is alive upon the contract maturity only. However,
the company does not quarantee maturity dividend. (The amount shown in the schedule below
is calculated based on "Maturity Dividend Formula" only.
Term Life Insurance
99
Khumkhrong Baep Khongthi Life-Bukkhon
Single Premium payment period, but the coverage can be chosen between 1 - 15 years
Term of installment loan
End of Policy Year
10
11 12
13
14
15
Term of insurance
Premium Payment
Scenariola
Early Redemption
at the Beginning of
Policy Year
Remark (1) Is in % of the initial sum insured
Remark: the above coverage is based on an assumption that the customer's credit repayment history is normall 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
Coverage Period
Premium Payment Period
1-15 Years
Single Premium
100% (1) Life Coverage
Maturity
100View entire presentation