Benefit

• Whole life plan with short payment period only 8-year and until age 99 years coverage.
  
• High coverage, inexpensive premium.
  
• Receive 100% of face amount at age 99 years.
  
• Insurance premium paid is eligible for personal income tax deduction up to 100,000 Baht per year*
  
• WP free**: For insured ages 16-64, in case of permanent disability before age 65, ING Life will be responsible for future premium payments of TMB Better Life 99/8 premium. During this period, the insured will continue to receive the benefits of this product.
• Life insurance product is made available from ING Life Limited.
  
• For more information, please contact TMB branches nationwide, TMB Phone Banking 1558 or ING call center 0-2632-6000.
  
• The information contained herein is provided as preliminary information only and does not form any part of the insurance contract. The coverage purchased, terms and conditions as well as benefits thereof shall be as stipulated in the policy contract.

* Refer to Notification of the Director-General of the Revenue Department No.172
** WP free (standard risk only) is for insured ages 16-64 years and depends on ING Life’s underwriting conditions

 

Example of benefit and coverage	Female age 35 years (unit: Thai Baht)
Face Amount	150,000	450,000	500,000	1,000,000
Annual premium	7,350	22,050	24,500	49,000
Total premium - 8 years	58,800	176,400	196,000	392,000

Underwriting Conditions

• Issue Ages : 1 month and 1 day - 65 years
  
• Coverage Period: Up to age 99
  
• Premium Payment Period: 8 years
  
• Minimum Face Amount : 150,000 Baht

Premium Payment Conditions

Customer can pay initial premium via following channels:

• Cash or cheque via TMB counter
• TMB direct debit
• TMB Credit card
  

Remark The broker can receive premium from the insured as a service person. However, premium payment is the insured’s responsibility.

 

Premium Rate per 1,000 Baht Face Amount

Age	Male	Female	Age	Male	Female
1 mnt 1 day	34	27	33	56	46
1	33	27	34	57	47
2	34	27	35	58	49
3	34	28	36	59	50
4	34	28	37	60	50
5	35	29	38	62	52
6	35	29	39	62	53
7	36	29	40	64	54
8	37	30	41	66	55
9	38	30	42	66	57
10	38	30	43	68	58
11	39	31	44	70	60
12	40	31	45	71	62
13	41	32	46	73	62
14	41	32	47	74	64
15	42	33	48	76	66
16	43	34	49	78	67
17	44	34	50	80	70
18	45	35	51	82	71
19	46	35	52	84	73
20	46	36	53	86	74
21	47	37	54	88	77
22	48	38	55	90	78
23	49	38	56	92	81
24	49	39	57	94	83
25	50	39	58	97	86
26	50	40	59	100	88
27	51	41	60	102	90
28	52	42	61	106	93
29	53	42	62	108	95
30	54	43	63	111	98
31	54	45	64	114	101
32	55	46	65	118	103