CIMB Thai Bank reveals the life insurance market trends for next year, identifying three key trends: protection-focused insurance, inheritance insurance, and online insurance purchases. These trends reflect modern consumer behavior, which prioritizes financial security and planning for future inheritance.
Mr. Phudinan Setthanan, Head of Affluent & Wealth Management at CIMB Thai Bank, revealed, "CIMB Thai Bank is moving forward with its wealth management strategy, with the bancassurance business as a key driver of customer value creation. Life insurance is an essential part of long-term wealth planning, especially as Thailand enters an aging society. The demand for financial security and effective wealth transfer will continue to increase. Therefore, the bank is committed to developing products and services that address savings, protection, and inheritance needs, enabling all customer groups to securely plan for their lives and futures."
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