Q: How is Muang Thai Smart Linked 17/7 (Global) different from ordinary products and unit-linked products?
A: It is an endowment product which guarantees cash bonus based on policy benefits. If customers stay until maturity, they will receive special dividend (if any). The dividend is subject to the performance of index.
Q: Who is the target group of Muang Thai Smart Linked 17/7 (Global)?
A: It is suitable for beginner investors who are looking for low risk investment that guarantees pricinpal or those who do not have time to monitor a market situation and require an investment assistant.
Q: Does Muang Thai Smart Linked 17/7 (Global) guarantee principal?
A: It guarantees principal if customers stay until maturity. The Company shall pay guaranteed benefits of 740% of initial sum insured, which are more than all of the premiums paid by customers. Meanwhile, customers may have a chance to receive special dividend (if any).
Q: What are risks of Muang Thai Smart Linked 17/7 (Global)?
A: 1. Investment risk: Return might not be as expected. Actual return might deviate from expected return. However, GS Momentum Builder® Multi-Asset 5S ER Index mitigates risk by diversifying the investment portfolio across different asset classes and countries for lower volatility and better return.
2. Exchange rate risk: Dividend calculated based on GS Momentum Builder® Multi-Asset 5S ER Index contains foreign exchange risk as the index is in USD currency. Thus, a risk on foreign exchange 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 foreign exchange risk.
Q: How can customers monitor the performance?
A: Customers can monitor the performance from the Company's website.
Q: Does Muang Thai Smart Linked 17/7 (Global) charge any cost?
Q: Can customers pay premium of Muang Thai Smart Linked 17/7 (Global) by credit card?
A: Yes, customers can pay premium by credit card.
Q: Why Goldman Sachs?
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 cancel the contract before maturity, will they get dividend?
A: In case of cancellation before maturity, the customers will not receive any dividend (if any).