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Are you ready for retirement? ‘BumnanReady’ a retirement planning solution for a good-quality life during your golden years.
Loading Data...Benefit Details & Coverage of Bumnan Ready 8
Short term premium payment only 8 years
Receive annuity annually 18% at the age of 60-88 total annuity receive maximum benefit is 522% (% of the sumassured)
Annual or monthly annuity are available.
You can choose other coverage such as health, critical illness, income compensation, etc.
Tax deductions for annuity insurance premiums are available up to 300,000 baht per year
Benefit Details & Coverage of Bumnan Ready 60
Less premium payment until the age of 60
Maximum receive annuity annually 25% total annuity receive maximum benefit is 565% (% of the sumassured)
Annual or monthly annuity are available.
You can choose other coverage such as health, critical illness, income compensation, etc.
Tax deductions for annuity insurance premiums are available up to 300,000 baht per year
Terms and conditions
Cases which the Company does not cover
1. In the event of non-disclosure or misstatement, the Company reserves the right to void the insurance contract within 2 years from the policy effective date or the reinstatement date or the last reinforced of policy date or the date that the Company approves the increased sum assured only in part of the increased sum assured.
2. In the event of the insured committing suicide within 1 year since policy effective date or the reinstatement date or the last reinforced of policy date or the date that the Company approves the increased sum assured of this policy, only in part of the increased sum assured.
3.In the event that the insured is intentionally killed by the beneficiary.
Tax Deductible benefit
Annuity insurance premium can be used for tax deduction which the maximum is not more than 300,000 baht per year according to the announcement of the Director-General of the Revenue Department No. 172 (maximum deduction is 100,000 baht) and No. 194 (maximum deduction is 200,000 baht)
Remark
Buyers should understand the details of coverage and conditions before deciding to purchase insurance.
FAQ
1. What's the entry age of insured to apply Bumnan Ready 8 and Bumnan Ready 60?
Bumnan Ready 8 : 20 - 52 yrs.
Bumnan Ready 8 : 20 - 55 yrs.
2. What's the entry age of insured to apply Bumnan Ready 8 and Bumnan Ready 60?
100,000 baht.
3. Does insured need to do medical health check for purchasing Bumnan Ready 8 or Bumnan Ready 60?
Bumnan Ready 8 and Bumnan Ready 60 use full underwriting which have the medical health check in case of insured has total sum assured more than maximum limit and have health history or doing the medical treatment. However it is considered by company underwriting department which consider from customer's information.
4. Are the premiums of Bumnan Ready 8 and Bumnan Ready 60 adjusted by age?
No, Premiums of Bumnan Ready 8 and Bumnan Ready 60 are not adjusted by age.
