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BLA Aim Targets Working Professionals

Bangkok Life Assurance, in partnership with Bangkok Bank, launches a new savings life insurance product, “GainFirst Speed ??Return 10/5,” addressing the needs of young professionals seeking financial planning options coupled with year-end tax deductions. Key features include short premium payments of only 5 years, 10 years of coverage, and cash payouts from year 2 to year 9, as well as a maturity bonus. Application is easy via Bangkok Bank's mobile banking.

Mr. Chon Sophonpanich, President and CEO of Bangkok Life Assurance Public Company Limited, revealed that, “Today's working professionals place greater importance on long-term financial planning, considering returns, security, and tax management. Furthermore, digital-age consumers demand convenient access to financial products. The “GainFirst Speed ??Return 10/5” savings life insurance plan was developed to comprehensively meet these needs.

It offers a solution that addresses all aspects, including tax planning, cash payouts during the contract period to enhance liquidity, and helps mitigate investment risk amidst current market volatility.” "This product will be another option to help customers start building their financial security today," said Mr. Chon.

The GainFirst Speed ??Return 10/5 savings life insurance plan is designed as a long-term savings tool that provides tiered returns, with cash benefits during the contract from year 2 to year 10. In years 2-5, receive 20%* return; in year 6, receive 40%* return; and in years 7-10, receive 100%* return. The total benefits throughout the contract can reach up to 520%*, helping to manage liquidity and create an incentive for disciplined saving.

"Policyholders pay premiums for only 5 years but receive full 10-year coverage. It's also tax deductible up to 100,000 baht. Life insurance is underwritten by Bangkok Life Assurance. Apply via Bangkok Bank mobile banking," Mr. Chon added.

Bangkok Life Assurance believes that the GainFirst Speed ??Return 10/5 savings life insurance plan will be another option that meets the needs of modern consumers who want value, flexibility, and convenient access to financial products through easy-to-use digital channels. This allows everyone to confidently start financial planning and build sustainable long-term saving discipline.

Those interested can apply via Bangkok Bank mobile banking or inquire for more information at Bualuang Phone, Tel. 1333, and Bangkok Life Assurance Public Company Limited, Tel. 0 2777 8888, or www.bangkoklife.com*, for the sum insured.

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