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Do you know that life insurance can help you…in case of emergency!

Many people may be wondering…how life insurance is helping us in an emergency.
It’s possible!... Life insurance can help us in an emergency or when we need money
with “Policy Loan Service”.

“Policy Loan Service” is to use the policy cash value in the insurance policy you have purchased while life coverage still continues based on policy conditions. However, the condition is principal and interest amount must be repaid later. You can repay principal and interest amount anytime within the period the policy is effective.


  1. Loan amount must not exceed policy cash value.
  2. Interest rate is subject to each type of policy.

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Although “life insurance” can help you when you need money, before making a policy loan request, it is important for you to know the policy loan conditions. Let’s see the following checklist.

01 Revamp Website Policy Banner3The eligible policy must be endowment, whole life, and annuity insurance. 
Endowment, whole life, and annuity are insurance plans that have cash value. When there is sufficient policy cash value, policy loan is available.

01 Revamp Website Policy Banner3Based on the compound interest calculation, average interest rate is 6-8% per year.
The Company will charge the interest rate as specified in the policy schedule. Compound interest will be charged at the higher rate than the interest rate used to calculate premiums by 2% per year. The average interest rate is 6-8% per year. (Interest rate is subject to conditions of each policy. The details can be studied in the policy book.)

01 Revamp Website Policy Banner3The policy will be terminated immediately if the outstanding loan and interest are over the policy surrender value.
Also, the coverage is terminated.

01 Revamp Website Policy Banner3Loan must not exceed the policy cash value.
Most of the time, the loan approved is up to 80-90% of the policy cash value (deducted by outstanding debts). You can check the loan amount from your policy book which is shown in the policy value schedule.

01 Revamp Website Policy Banner3Policy must still be in force, and it has not yet been converted into reduced paid-up policy or extended term insurance.
▪ Reduced paid-up policy means the policy you do not need to pay premium any longer. Coverage period remains unchanged, but the sum insured is reduced.
▪ Extended term policy means the policy you do not need to pay premium any longer. Sum insured remains unchanged, but the coverage period is reduced.

01 Revamp Website Policy Banner3The premium payment instalment must be already made before requesting policy loan.
If you are about to make a policy loan request, but you have not yet made premium payment of that installment. You need to complete the payment in order to be able to make the policy loan.

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Policy Loan Repayment Channels

● MTL Click Application
Simply go to the menu “Pay Premiums/Loan”, and follow the steps of loan repayment.

●  Video Call Tel. 1766 
Simply call Tel. 1766 and inform that you would like to make policy loan repayment. After that, choose to receive the link to have the conversation via SMS or email. The staff will confirm the personal information, and you can use the Video Call service to make a policy loan repayment right away.

● Mobile Banking
Pay via barcode/QR code by filling out the Special Pay form Click

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● Bank counters or payment service points
 by filling out the special pay-in slip, or via Kasikornbank account No. 10399-9, UOB BP CODE 1720 and TMB Thanachart Bank Comp.Code: 5506, or via Pay@Post Service Code 595 (loan repayment) for maximum amount of 50,000 Baht, mPAY STATION for maximum amount of 49,000 Baht Download the repayment form Click

● All branches of Customer Service Center of Muang Thai Life Assurance nationwide

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Instant Loan Service

Enjoy more convenient service for the loan amount of up to 50,000 Baht
Receive the cheque within 45 minutes
At all branches of Customer Service Center nationwide
• Regional branches (Chiang Mai, Khon Kaen and Hat Yai) approve loan amount of up to 200,000 Baht.
• Customer Service Center at head office of Muang Thai Life PCL approves unlimited loan amount.

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