no data
Search All
Product Highlight
Elevate your future financial planning with a life insurance plan that covers life protection, annual cash coupons to enhance liquidity along the way, and the opportunity to earn index-linked returns managed by world-leading financial and investment institutions.
Loading Data...
Benefit Details & Coverage
Pay premiums for 5 years Enjoy 25 years of coverage
Receive cash coupon 1% of sum assured from the end of policy year 1 - 24 and get maturity benefit 501% of sum assured
Opportunity to earn higher returns in the form of the returns based on the reference index at the end of policy year 10, 15, 20 and at maturity, or in case of death or surrender, from investments in a global index, “Citi Grandmaster RC 5 Index”
Life coverage can reach up to 535% of the sum assured or the surrender value, whichever is higher
Easy application with no health check and no health questions required
Tax deduction up to 100,000 baht per year subject to the conditions of the Revenue Department
Terms and condition
Issue Age
1 month – 75 years old
Coverage Term
25 years
Premium payment period
5 years
Payment Mode
Annually
Minimum sum assured per policy
Issue Age 1 month – 70 years old : THB 20,000
Issue Age 71 – 75 years old : THB 200,000
Maximum sum assured per policy / per insured person
THB 20 Million baht*
Underwriting
No need medical health check and no need to answer health questions*
Additional coverage attachment
Unable to attach additional contracts.
Remark
* Underwriting's consideration depends on the company's underwriting guideline.
Cases which the Company does not cover
1. In the event of non-disclosure or misstatement, the Company reserves the right to void the insurance contract within 2 years from the policy effective date, or if there is reinstatement, should be counted from the reinstatement date, or from the last reinforce date, or the date that the Company approves an increase of sum assured —applicable only to the increased portion of the sum assured, as the case may be. The 2-year period shall not apply where the Company can void the contract anytime in the event that the insured has no insurable interest in this insurance, or where there is misstatement of age such that the actual age falls outside the underwriting age limits in accordance with normal commercial practice.
In the event that the Company becomes aware of information that entitles it to void the insurance contract but fails to exercise such right within one (1) month from the date it becomes aware of such information, the Company shall no longer be entitled to void the validity of the insurance contract in this respect.
2. In the event that the insured suicide within 1 year from the policy effective date, or if there is reinstatement, should be counted from the reinstatement date, or from the last reinforce date, or the date that the Company approves an increase of sum assured —applicable only to the increased portion of the sum assured, as the case may be.
3. In case of the insured is intentionally killed by the beneficiary.
Tax benefits
Life insurance premiums can be used for personal income tax deduction, up to a maximum of 100,000 Baht per year, as announced by the Director-General of the Revenue Department.
Remark
The purchaser should understand the details of coverage and conditions before making an insurance decision each time.
FAQ
1. How does the Global Saving Plus 25/5 with returns based on the reference index (Index-Linked) product differ from general dividend insurance products?
Global Saving Plus 25/5 with returns based on the reference index (Index-Linked) product differs in that policyholders have the opportunity to receive returns based on the reference index based on the performance of the Citi Grandmaster RC 5. Policyholders can track the performance and calculate returns based on the reference index by themselves through the Krungthai AXA Life website. This differs from general dividend insurance products, where policyholders have the opportunity to receive dividends from the operation of funds under the participating life insurance type managed by Krungthai AXA Life, which cannot be calculated the expected dividend by themselves.
2. How does the Global Saving Plus 25/5 with returns based on the reference index (Index-Linked) product differ from unit-linked products?
Global Saving Plus 25/5 with returns based on the reference index (Index-Linked) is an Index-Linked product that provides both guaranteed benefitsand non-guaranteed returns linked to the performance of the Citi Grandmaster RC5 Index. Unlike Unit-Linked products, where policyholders investdirectly in underlying funds and bear the associated investment risks or possibly even incurring a loss.
3. Does Global Saving Plus 25/5 with returns based on the reference index (Index-Linked) product guarantee the return of the principal or premiums paid?
Yes. Global Saving Plus 25/5 with returns based on the reference index (Index-Linked), provides protection for the customer's principal or premiums paid. Provided the guarantees annual cash coupon of 1% of the sum assured throughout the policy term, together with the Maturity benefit. The total guaranteed benefits are greater than the total premiums paid, ensuring that customers do not lose their principal. In addition, customers have the opportunity to receive the returns based on the reference index in accordance with the terms and conditions specified in the policy.
4. Where can customers track the performance of the reference index?
Customers can monitor the performance of the reference index on the Company's website at:
https://www.krungthai-axa.co.th/en/products/performance/global-saving-plus-25-5
5. What will the Company do if the Citi Grandmaster RC5 Index is discontinued during the policy term?
The company reserves the right to select a new index as a replacement when deemed appropriate. The new index will not significantly affect the benefits of the insured or affect the contractual parties, the reference index provider, or the index calculator. If the company is unable to find a suitable replacement index, or cannot secure a new contractual party, reference index provider, or index calculator, the company will make a cash payment as soon as possible, based on the value received from the termination of the related investment securities associated with the aforementioned index. The company will issue a written notice to inform the insured of such change. All actions taken will be considered and executed at the company's discretion, with due regard for the best interests of the insured.
6. In case the policyholder death or surrenders the policy before maturity, will the beneficiary/policyholder receive the returns based on thereference index ?
Yes. In the case of the death or surrenders the policy before maturity, the Company will pay the returns based on the reference index (if any),subject to the terms and conditions specified in the policy.
