Plan highlights
Plan to retire from age 55
Suited to private-sector employees planning to retire at 55: premiums run to age 55 and the pension begins immediately
A pension of 15% of the sum insured a year
Receive a pension each year of 15% of the sum insured, from age 55 through to age 90
Pension guaranteed for a minimum of 15 years
If you die while receiving the pension before 15 years have been paid, your beneficiary receives the remainder
Pension premium deduction of up to THB 200,000
Pension premiums are deductible for up to THB 200,000 (15% of income), and combined with general life premiums the total may reach THB 300,000, under Revenue Department rules
Life cover before the pension starts
If you die before age 55, the policy pays the sum insured, the surrender value, or the premiums paid, whichever is greatest
Discount at higher sums insured · from THB 50,000
A premium discount applies for a sum insured of THB 300,000 or more, with a sum insured starting at just THB 50,000
Estimate the premium and pension
Choose gender, age and sum insured to see the premium for each payment frequency and the pension you would receive
Entry age 20–50 years
Minimum THB 50,000 · maximum THB 2,000,000
Premium (paid to age 55 · 25 more years · sum insured THB 50,000)
Monthly
498
THB
Quarterly
1,493
THB
Semi-annual
2,875
THB
Annual
5,529
THB
Total premium to age 55 (paid annually) 138,225 THB
Annual pension (15% of the sum insured · from age 55 to 90)
7,500 THB/year
These figures are estimates for educational purposes. The pension of 15% of the sum insured is the guaranteed portion (guaranteed for a minimum of 15 years) · tax relief is not included · actual premiums and benefits follow the policy. Please confirm with an agent before deciding.
Pension premium tax deduction
Premiums on Money Fit Retire 90/55 are deductible for up to THB 200,000 (not exceeding 15% of income, and no more than THB 500,000 when combined with RMF, provident fund and similar), and combined with general life insurance premiums the total may reach THB 300,000. The limits and conditions follow current tax law and your own circumstances.
Key conditions
- Policy term to age 90 · premium term to age 55
- Entry age 20 – 50 years · minimum sum insured THB 50,000
- The pension of 15% of the sum insured begins at age 55 and continues each year to age 90
- The pension is guaranteed for a minimum of 15 years (if you die before that, your beneficiary receives the remainder)
- A premium discount applies for a sum insured of THB 300,000 or more
- Surrendering the policy before the pension begins may return less than the premiums paid
Frequently asked questions
When and how much pension do I receive?
15% of the sum insured on every policy anniversary from age 55 to age 90, for as long as you are living, guaranteed for a minimum of 15 years.
Who is it for?
People planning to retire at 55, such as private-sector employees, who want a regular income after retirement and the pension premium deduction.
How much can I deduct from tax?
Pension premiums are deductible up to THB 200,000 (not exceeding 15% of income), and when combined with general life insurance premiums the total may reach THB 300,000, under Revenue Department rules and your own circumstances.
What is paid if I die before the pension starts?
If you die before age 55, your beneficiary receives the sum insured, the surrender value, or the total premiums paid, whichever is greatest.
This page is produced by an independent life insurance agent for general education. It is not an official page of any insurer. The actual benefits, premiums and conditions follow the policy and the sales documents. Tax deductions follow Revenue Department rules and your own circumstances. Please consult an agent before deciding.