No changes in your premium
You’ll pay an equal amount of premium for your plan every month or every year, even as you grow older
Payment Term | Until Age 60 |
Coverage Term | Until Age 85 |
Eligible Age | 30-55 years old |
Premium payment | Annually and monthly |
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Maturity benefit
Receive a total of 390% od the sum assured at the end of your plan when you reach 85 years old so you can enjoy a long retirenment
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Annual cash return of 15% of sum assured
Receive a 15% of the sum assured every year from 60 to 85 years old for a total of 26 times
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Tax benefit
Life insurance premiums paid for annuity plan can be tax deductible of up to the maximum of 200,000 Baht per year
Product details
Living benefit cashbacks* (% of sum assured)
End of Policy Year that the Insured reaches Age 60-85, receive annual cashbacks worth 15% of the sum assured (totaling 26 times)
Total cashbacks throughout the policy period 390% of the sum assured
Death benefit
Before annuity payment – from policy effective date to the date before the policy anniversary that the Insured reaches Age 60, the Company shall pay death benefit worth 200% of the sum assured, or the cash surrender value, or total standard annual premiums paid, whichever amount is higher, to the beneficiary
During the annuity payment period – from the policy anniversary that the Insured reaches Age 60 until the policy anniversary that the Insured reaches Age 74, the Company shall pay death benefit in the amount equivalent to the present value of the 15-year guaranteed annuity that has not been paid by the Company.
Life insurance premiums paid for annuity plan can be tax deductible of up to the maximum of 200,000 Baht per year, or up to the maximum of 300,000 Baht per year (if Insured has no other life insurance plans), but shall not exceed 15% of assessable income in that tax year, but when combined with other similar funds, i.e. Provident Fund, Government Pension Fund, Private Teacher Aid Fund and Retirement Mutual Fund, it shall not exceed 500,000 Baht.
PRUsuk samran is the marketing name of an annuity plan called “PRUannuity 85” (tax deductible annuity, non-participating)
In case of material misrepresentation or false statement, the Company shall void the policy within 2 years from the policy effective date, or the renewal date, or the reinstatement date, or the date the Company approves the increases of sum assured, only for the increased amount
The Insured commits suicide within 1 year from the policy effective date, or the renewal date, or the date the Company approves the increased sum assured, only for the increased amount, or is murdered by the beneficiary.
*** Please refer to details of exclusions as stated in a life insurance policy.
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