Health insurance : Purchase insurance for yourself to exercise the tax deduction right up to 25,000 Baht, and up to 100,000 Baht when combined with ordinary life insurance. For health insurance premium for parents, you can exercise the tax deduction right according to the actual payment, up to 15,000 Baht per year.
Annuity insurance : If you do not exercise the tax deduction right for ordinary life insurance, you can use the annuity premium for tax deduction up to 100,000 Baht first, and you can use the premium of annuity insurance for tax deduction in the limit of annuity insurance up to 200,000 Baht.
- Coverage period of the rider must not exceed the coverage period of the life insurance policy that this rider is attached to.
- Premium is eligible for tax deduction. Conditions are as specified by the Revenue Department.
- Underwriting is subject to the Company’s rules.
- Conditions are according to the standards and medical necessity.
- Please study details of coverage, conditions and exclusions before making a decision to purchase insurance.