Krungthai-AXA Life launches short-term saving plan with high ROI

Mike Plaxton, Chief Executive Officer of Krungthai-AXA Life Insurance revealed that the company has introduced the new short term saving plan “Krungthai Premier Saving” which customers will pay only 2 year premium payment period while receiving protection of 10 year coverage. In addition, the customers will also get the minimum of total benefit at 228.5% of sum insured.

“Economic crisis influences people’s spending decision. More attention to savings plans that yield high return is stimulated by the continuous downward trend of the deposit interest rate. Today, Krungthai-AXA Life presents the new short term saving plan that provides guarantee return, higher annual cash drop with life protection, and non guaranteed dividend on top of guaranteed benefits, said Mr.Plaxton”

Guarantee annual cash drop 3% of sum assured Receive total premium paid with extra cash drop of 1.5% of sum assured as a maturity periodSpecial benefit from dividend as a maturity period Receive of death benefit as 100% of sum assured on 1st year and up to 200% of sum assured on the 2nd policy year onwardsGuarantee issue the policy (non medical health check-up)Enjoy a tax deduction on actual premium payments up to Bt 100,000 per annumOffers a loan from policy cash value

“Krungthai-AXA Life provides another choice of short-term saving plan with great benefits both in protection and IRR. Customers do not have to spending their time for health check up process. This new product can serve all interest from age of 0-70 years, with minimum sum assured of Bt 50,000 per annum and no maximum SA. Also, premium is equal for all age and gender.”

Saifon Sutchasila, Chief Marketing Officer also said that Krungthai Premier Saving has offered good return on investment and satisfy customers’ needs in this recent period of economy. In addition, this new product serves as another alternative investment options that provides guarantee benefits and is higher than some other investment plus life protection and dividend.

Krungthai-AXA Premier Saving is another choice of short-term saving plan which provides guarantee benefits, high rate of return, and life protection. The product will be available on market from July 1st, 2009 through the company’s agents nationwide. This new product will support the company to achieve target and help building secure to life of Thai that will enable Krungthai-AXA Life to achieve the ambition 2012 of Becoming The Preferred Company.