Details of Insurance Package

Term of premium payment

8 Years

Term of Insurance

20 Years

Premium Payment Method

Annually
Semi-annual
Quaterly
Monthly

Health Check Up

Subject to the Company's regulations

Rider Purchase

Able to purchase according to the Company's regulations

  • Insurable age: 1 month - 60 years old
  • Term of Insurance: 21 years
  • Term of premium payment: 21 years
  • Minimum Sum Insured: 100,00 Baht
  • Premium Payment Method: Annual, Semiannual, Quarterly, and Monthly
  • Health Check: Subject to the Company's regulations
  • Rider Purchase: Able to purchase according to the Company's regulations

Remark

*Exercise the right of personal income tax deduction according to the Notification of the Director General of the Revenue Department on Income Tax No. 172 announced on 30 December 2008.

Remark

The case that the Company would not cover

1. In case the insured conceals any truth or gives any false statement, the Company shall have the right to void the contract  within two years from the effective date of contract or the date of last reinstatement of the policy either from lapsation or conversion.

2. In case the insured commits suicide within one year from the effective date of contract or the last reinstatement of the policy either from lapsation or conversion, or being murdered by beneficiary.

3. In the case the insured misstates their age and the Company can prove that the actual age on the date of contract is outside the premium limit according to the Company’s business practice.

There are altogether 5 exclusions that the Company will not provide coverage according to the waiver of premium rider,for example, if the insured becomes disabled by theses causes:  

1. In case the insured conceals any truth or gives any false statement, the Company shall have the right to void the contract  within two years from the effective date of contract or the date of last reinstatement of the policy either from lapsation or conversion.

2. In case the insured commits suicide within one year from the effective date of contract or the last reinstatement of the policy either from lapsation or conversion, or being murdered by beneficiary.

3. In the case the insured misstates their age and the Company can prove that the actual age on the date of contract is outside the premium limit according to the Company’s business practice.

Remark:

Smile Saving 20/8 is a marketing name for Muang Thai Saving Smile insurance plan in which the benefits, conditions, and coverage in detail shall be in accordance with the terms and conditions as specified in the policy. 

Warning: Interested consumer should have an understanding in the details of the coverage and conditions every time before making a decision to purchase insurance.