KASIKORNBANK Economic and Subsidiaries Performance Overview
K
KASIKORNTHAI
MTL's Life Insurance Product Profile
Four Major Types of Life Insurance Product
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
■Ordinary Life Insurance Products: Provide life protection for a fixed amount to an insured person
Can be further classified into four sub-categories;
➤ Endowment Life Insurance: Savings type product; insured person receives an amount at the certain period of
time or a designated beneficiary receives death benefits upon the death of the insured person within the insured
period (e.g. Pro Saving products)
Term Life Insurance: Provides temporary protection with no savings component. Claim can be made upon death
within the stated term period (e.g. MRTA products)
Whole Life Insurance: Provides life time protection (to the age of 90 or 99) with the death benefit paid to the
beneficiary upon the death of the insured (e.g. Pro Life products)
Rider: Additional coverage desired by the insured (sample of additional coverage: medical expense, accident)
■Group Life Insurance Products: Term insurance covering a group of people, usually employees of a company or
members of a union or association
■Industrial Insurance Products: Life insurance with a modest amount of coverage, low premium, and no health check
requirement
Personal Accident: A limited life insurance designed to cover the insured in case of personal accident
บริการทุกระดับประทับใจ
K
KASIKORNTHAI
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Sample of K-Bancassurance and MTL Products
K BANCASSURANCE
K-Bancassurance Products¹)
Endowment Life Insurance
mtlMuang Thai Life Assurance Products²)
Endowment Life Insurance
105
Pheu Sasom Sub 11/3 Guarantee
Pay premium for only 3 years, but the coverage continues for 11 years
ชำระเบี้ยประกันฝัน
ความคุ้มค่า รร เป็น % นวนเงินเอาประกันภัย ณ วันเริ่มมีผมคุ้มครองตามกรมธรรม์
หรือมูลค่าเงินกินในขณะนั้น หรีด 101 % ของจำนวนเบี้ยประกันภัยที่ได้ชำระไว้ ตามแต่จำนวนได้ ramh
Life Coverage in % of the initial sum insured, or cash surrender value at the time,
or 101% of the paid premium, whichever is higher.
300%
200%
100%
หยุดป่ะเบี้ยประกันภัย
Stop premium
payment
รา 0
1
2
4
5
6
7
8
9
10
11
ณ พัชร
Premium payment
at the beginning
of policy year
End of policy year
เป็นจ่ายสิน
Cash bonus
- - - - - - รับเงินจ่ายคืน 15% ณ สิ้นปีกรมธรรม์ ทุกๆ ปีกรมธรรม์ ยกเว้นในปีกรมธรรม์ที่ครบกำหนภิญญา = = = = = =
Receive cash bonus at 3% at the end of policy years Except at the end of policy maturity
สราญญา 309% 300 านวนเงินเอาประกันภัย
101 วนเบี้ยประกันภัยที่ได้ชำระไว้
Muang Thai Smart Linked Pro 10/1 (Global)
Pay single premium, guarantees cash bonus every year and get an opportunity to receive upside gain
from invest in global assets.
End of Policy Year
Premium Payment
at the Beginning of
Policy Year
Cash Bonus
105% Life Coverage
or cash surrender value at that time (whichever is higher)
00000
8910
1% 1% 1% 1%
1% 1% 1% 1%
Maturity
1% Benefit
Maturity
101%
Dividend
of any
Maturity benefit is 309% of the initial sum insured
or 101% of the paid premium, whichever is higher.
(¹) Benefit and coverage are % of the initial sum insured. In case the benefit amount and coverage are stated incorrectly, the
specified % shall apply.
(2) The dividend shall be paid to the insured who is alive upon contract maturity only. However, the Company does not guarantee.
maturity dividend.
Term Life Insurance
MRTA-Home (Mortgage Reducing Term Assurance)
Example, in case the customers choose to insure their loan in full term and full coverage
Loan Amount
Sum insured amount
Premium
payment
at the beginning
of policy year
The
contract
starts
Policy Year
Coverage
Coverage of Pitaksin-Home
is equivalent to the reducing
sum insured amount
•
S
Loan Amount
Scenario 1:
Death or total and
permanent disability
The customers can choose to
continue the coverage
throughout the contract term
or receive cash surrender
value
Term Life Insurance
Khumkhrong Baep Khongthi Life-Bukkhon
Single Premium payment period, but the coverage can be chosen between 1 - 5 years
End of Policy Year
Premium Payment
Term of installment loan
Term of insurance
at the Beginning of
Policy Year
10
12
14
15
Scenariol
Early Redemption
Remark: the above coverage is based on an assumption that the customer's credit repayment history is normal according to the Bank's loan contract
1) K-Bancassurance products are MTL's life insurance products selling through KBank
2) Muang Thai Life Assurance products are MTL's life insurance products selling through MTL sales agents, and/or other channels
บริการทุกระดับประทับใจ
100%) Life Coverage
Remark (1) Is in % of the initial sum insured.
15
Maturity
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