Krungthai-AXA Life Insurance (KTAXA) has launched a new life insurance solution – “Life Ready” to help its customers plan for their loved ones, with life coverage up to age 99.

 The launch of “Life Ready” reinforces KTAXA’s commitment to developing innovative insurance solutions that help to enhance the financial wellbeing of Thai people. The premium payment period is 6, 12, 18 Years, up until age 99, and the minimum sum assured is 150,000 baht. The death benefit or maturity benefit is 100% of sum assured or cash value, or 101% of total premium paid of basic policy, whichever is higher.

 Commenting on the new product, CEO Sally OHara, said, “An ageing population is becoming a fact in Thailand, where we are seeing rising longevity. To address this need, we have launched the 'Life Ready’, an insurance plan, providing extra protection for customers and their families for a more secure future. We believe ‘Life Ready’ will be an appealing product for customers to meet their permanent death benefit protection, at an attractive premium.”

 The insurance premium can be used for a tax deduction of up to 100,000 THB as specified by the Revenue Department.  The product is now available at all Krungthai-AXA Life branches across Thailand and from KTAXA’s agents. For further information, please contact Krungthai-AXA Life’s contact centre 24/7 at 1159 or visit the website www.krungthai-axa.co.th/products/life-accident-and-critical-insurance/life-ready.