Bangkok Life Insurance has launched a new online savings insurance plan called “BLA Fast Return 10/2” aimed at customers preparing for year-end tax planning in 2024. This plan offers a short premium payment period of just 2 years, providing coverage for 10 years and a quick return of 100% of the insured amount on the 3rd policy anniversary, along with a tax deduction benefit of up to 100,000 Baht. Signing up is easy and can be done at your fingertips, plus you’ll receive a free Central gift voucher worth up to 6,000 Baht.

Mr. Chon Sophonpanich, the CEO and President of Bangkok Life Insurance Public Company Limited, stated that this new online savings insurance plan “BLA Fast Return 10/2” is designed for income earners who need to pay taxes at the end of the year. The plan requires premium payments for only 2 years and provides coverage for 10 years, available for individuals aged 20-70, with a minimum insured amount of 30,000 Baht and a maximum of 5 million Baht. A key feature is the quick return of funds, offering a 100% refund of the insured amount upon contract maturity, and in the event of death, beneficiaries receive 100% of the insured amount or 102% of the actual accumulated premiums, minus any previously received benefits, whichever is greater. In case of accidental death, an additional 200% of the insured amount is provided, up to a maximum of 10 million Baht.

The “BLA Fast Return 10/2” savings life insurance plan is an excellent option for those who are focused on financial planning for the future, as it carries low risk while providing life coverage and guaranteed returns. This helps make tax planning more effective and aligns with future financial goals. Policyholders can plan to use the refunded money for education, investments, business expansion, or purchasing new savings insurance policies. Additionally, life insurance premiums can be used for tax deductions up to 100,000 Baht, according to the regulations set by the Revenue Department, excluding pension insurance premiums. This is beneficial for salaried employees or income earners looking for ways to reduce their tax liabilities.

Interested individuals can easily and quickly apply online today at https://bla.bangkoklife.com/fast102pr and receive a special promotion of a free Central gift voucher worth up to 6,000 Baht from now until December 31, 2024.