Q: How is Muang Thai Smart Linked 15/6 (Global) Campaign different from ordinary products and unit-linked products?
A: Muang Thai Smart Linked 15/6 (Global) Campaign is an endowment product which guarantees policy cash bonus. If the insured is alive upon the contract maturity, the insured may receive special dividend (if any) which refers to investment of the index. The dividend is subject to performance of the index.
Q: Who should purchase Muang Thai Smart Linked 15/6 (Global) Campaign?
A: Customers who want to start investment, but have low risk appetite and do not want to lose principal; or those who do not have time to monitor the market situation and need an investment assistant.
Q: Does Muang Thai Smart Linked 15/6 (Global) Campaign guarantee the principal?
A: It guarantees the principal. If the insured is alive upon the contract maturity, the Company guarantees total benefits throughout the contract of 635%* (including cash bonus during the contract every 2 policy years of 5%* per year and maturity benefit of 600%*), which are higher than the total paid premiums. Meanwhile, the insured may receive special dividend (if any).
Remarks: *Benefit is in % of the initial sum insured.
Q: What are risks of Muang Thai Smart Linked 15/6 (Global) Campaign?
A: 1. Investment Risk: Return might not be as expected. Actual return might deviate from expected return. However, Citi Global Multi Asset USD VT5 Series 3 Index mitigates the risk by diversifying the investment across different asset classes and countries as to lower volatility and enhance return.
2. Exchange Rate Risk: Dividend calculated based on Global Multi Asset USD VT 5 Series 3 Index contains the exchange rate risk since the index is in USD currency. Thus, a risk on exchange rate volatility of THB currency and USD currency may exist. However, the policyholder will still receive full amount of conditional cash bonus once reaching contract maturity as the conditional cash bonus has no exchange rate risk.
Q: How can customers monitor the performance? Will customers get reports?
A: Customers can monitor the performance from the Company's website https://www.muangthai.co.th/th/NAV/endowment-615.
Q: Can customers pay premium of Muang Thai Smart Linked 15/6 (Global) Campaign via credit card?
A: Yes, customers can pay premium by credit card.
Q: Why does the Company choose Goldman Sachs for investment management?
A: Goldman Sachs is one of the most largest and trustworthy financial institutions in the United States and in the world. It has been providing a variety of financial services for more than 150 years.
Q: If customers terminate the contract before maturity, will they get dividend?
A: In case of termination before maturity, the customers will not receive any dividend (if any).