Why do we need life insurance?
Life insurance is not for ourselves; it is for the people we love. If one day we pass away or can no longer earn an income, who will carry the responsibilities we once carried?
Mortgages, car loans and business debts still have to be repaid. Without a lump sum, your family may have to sell the home or assets you meant to keep.
Living costs, support for parents and years of school fees still to pay. Those left behind take on the entire burden overnight.
Education plans may have to change without a lump sum to fall back on, through no fault of the child.
Heirs must pay transfer fees, inheritance tax and costs while the estate is divided. Life insurance proceeds arrive quickly and are not counted as part of the estate.
June’s recommended plans
Life insurance and family protection
A sum insured based on your family’s real debts and expenses, so your loved ones can carry on
Life Protect+
Krungthai-AXA- Extra cover of up to 100% (2×) until age 60, when family responsibilities and debts are at their highest
- Whole life cover to age 99
- Choose a payment term of 9 years, 19 years or to age 99
- Add health, critical illness and accident riders as your life changes
Easy Protect 6
Krungthai-AXA- Only 6 years of premiums, done quickly
- Whole life cover to age 99
- Build security for your family fast and pass it on as a legacy, not counted for inheritance tax
- Premiums are tax-deductible under the life insurance allowance, subject to Revenue Department conditions
Coverage details are subject to the terms and conditions of each policy