Plan highlights
210% of the sum insured at maturity
If you are living at maturity in year 15, you receive a lump sum of 2.1× the sum insured
Money back every year during the term
1% of the sum insured a year, from the end of policy year 2 to year 14 (13% of the sum insured in total)
8 years of premiums, 15 years of cover
Premiums run for just 8 years, while cover and benefits continue for 15 years
Tax deductible
Life insurance premiums are deductible under Revenue Department rules
Cover that steps up
The death benefit rises from 100% to 210% of the sum insured across the policy years, looking after your family
The same premium for all genders
The premium rate is the same for men and women, with a discount at higher sums insured
Estimate premiums and benefits
Choose an age and sum insured to see the premium and the living benefits
Entry age Newborn–70 years
Minimum THB 100,000 · maximum THB 2,000,000
Premium (paid for 8 years · sum insured THB 100,000)
Monthly
2,250
THB
Quarterly
6,750
THB
Semi-annual
13,000
THB
Annual
25,000
THB
Total premium over 8 years (paid annually) 200,000 THB
Living benefits (guaranteed)
Total living benefits (223% of the sum insured)
223,000 THB
These figures are estimates for educational purposes. The living benefits and the maturity amount are the guaranteed portion. Premium rates are the same for men and women and the discount for the sum insured has already been applied · tax relief is not included · actual premiums and benefits follow the policy. Please confirm with an agent before deciding.
Tax deduction
Premiums on Thanatawee 15/8 can be deducted from personal income tax under Revenue Department rules. It suits people saving over the medium term who want the deduction while they are still earning. The limits and conditions follow current tax law and your own circumstances.
Key conditions
- Policy term 15 years · premium term 8 years
- Entry age 1 month – 70 years · minimum sum insured THB 100,000
- Survival benefit of 1% of the sum insured each year, from the end of policy year 2 to year 14
- The maturity benefit of 210% of the sum insured is paid if you are living at the end of the contract (year 15)
- On death, the policy pays the benefit for that policy year (100%–210%), the surrender value, or the premiums paid, whichever is greatest
- Surrendering the policy before maturity may return less than the premiums paid
Frequently asked questions
How much do I receive at maturity?
If you are living at maturity in year 15 you receive a lump sum of 210% (2.1×) of the sum insured. Together with the 13% paid during the term, the total living benefits come to 223% of the sum insured.
When are the survival benefits paid?
1% of the sum insured on each policy anniversary, from the end of year 2 to year 14 — 13 payments in total (13% of the sum insured).
Why is 15/8 attractive for tax planning?
Premiums run for just 8 years while cover lasts 15. Each year's premium is deductible under Revenue Department rules, which suits people saving over the medium term and planning their tax while they are still earning.
Is the premium different for men and women?
No. Thanatawee 15/8 uses the same rate for men and women, and there is a discount on the rate at higher sums insured.
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.