Bangkok: Muang Thai Life Assurance has launched two new insurance plans, "Muang Thai Premier Legacy 99/1 (Fixed Policy Surrender Amount)" and "Muang Thai Flexi Protection 99/20," aimed at providing security and stability for loved ones. These plans are designed to meet the growing needs of inheritance planning and comprehensive financial management.
According to Thai News Agency, Mr. Sara Lamsam, Chief Executive Officer of Muang Thai Life Assurance Public Company Limited, explained that the Muang Thai Premier Legacy 99/1 plan offers a 'large lump sum guarantee' with a 'small sum' premium. This plan allows policyholders to pass on their inheritance confidently, ensuring that their loved ones can continue their lives without financial worries. The plan features lower premiums while maintaining the same life coverage, offering a large lump sum guarantee from 100% life coverage. The premium is paid only once, yet provides lifelong care, with eligibility starting from as young as 30 days old to up to 80 years old, with a minimum insured amount of 10 million baht. The benefits received are tax-free.
The Muang Thai Flexi Protection 99/20 plan offers comprehensive coverage for both life and health in one policy. It requires premium payments for only 20 years, providing coverage until age 99. This plan is particularly tailored for retirees, as it includes health coverage for both inpatients and outpatients from age 65, with the flexibility to adjust the life coverage to cover medical expenses in retirement. The premium remains fixed and does not increase with age, with the added benefit of a full tax deduction up to 100,000 baht per year.
To enhance inheritance and financial planning, Muang Thai Life Assurance has also introduced the 'MTL Legacy Consultant' service. This initiative offers special privileges to customers, in collaboration with Tilleke and Gibbins International Co., Ltd., experts in legal and tax consulting, and Chivamit Social Enterprise Co., Ltd., specialists in living will planning. The service provides customers with comprehensive guidance on preparing for end-of-life care, drafting living wills, and designing a living companion notebook.
Customers who opt for the Muang Thai Premier Legacy 99/1 plan with a minimum insurance capital of 10 million baht are entitled to special privileges from the 'MTL Legacy Consultant.' These include a two-hour online private consultation with Tilleke and Gibbins, exclusive workshop activities by Cheevamitr on living will planning, and a one-hour online personal financial planning consultation covering investment plans, risk management, and tax and inheritance planning.
For more details, interested individuals can visit the website www.muangthai.co.th, call 1766 any time, or contact a Muang Thai Life Assurance representative nationwide.