Key Highlights: BLA Happy Saving 10/5 is Life insurance that offers you saving, protection, and Tax benefits. Focusing on Short -Term saving with 5-year payment period and long-term coverage with 10 years coverage period. The Life coverage is up to 500% of the sum assured, with total benefits throughout the contract of 510% of the sum assured. In the meantime, the annual cash rebates are guaranteed and there is the chance of receiving dividends.
Type: SAVING
Premium payment: 5 years
Maturity period: 10 years
SAMPLE BLA Happy Saving 10/5(PAR) MALE, 40 years old
Premium payment 100,000B per year x 5 years TOTAL 500,000 THB
Total guaranteed return 519,879 THB
In addition to the above amount, you may be able to receive dividend as above.
1 You can increase your saving : 19,879 THB
ALSO
2 You can save your tax : 125,000 THB (25,000THB per year X 5 years)
TOTAL BENEFIT: 19,879 + 125,000 = 144,879 THB *when highest tax rate is 25%