Bangkok Life Assurance, in partnership with Bangkok Bank, has launched the Gain1st Savings 10X 15/10, a new savings insurance plan tailored for working professionals, particularly mid-to-senior executives and young business owners.

The plan is structured with a 10-year premium payment period and offers coverage for 15 years.

Notably, it guarantees annual cash benefits amounting to 10% of the sum assured, alongside a lump-sum payout upon maturity of the policy.

The life insurance coverage can reach up to 1,050% of the sum assured, and in cases of accidental death, the benefits can double, providing total advantages of up to 2,100%.

Mrs. Laddawan Sitthiworranant, Executive Vice President of the Bancassurance and Partnership Distribution Division at Bangkok Life Assurance, emphasized the importance of financial planning, especially in the current low-interest environment.

The Gain1st series has gained traction among Bangkok Bank customers, offering better returns than traditional savings while incorporating life insurance protection.

She outlined the features of the Gain1st Savings 10X 15/10, stating, "This year, we launched Gain1st Savings 10X 15/10, specifically for high-potential customers, including executives and next-generation entrepreneurs.

This product allows customers to pay premiums for only 10 years while receiving life coverage for 15. Policyholders will benefit from annual tax-free cash payouts equivalent to 10% of the sum assured during the first 14 years, culminating in a maturity benefit of 1,000% of the sum assured in the 15th year.

Life coverage increases to 1,050%, with accidental death benefits reaching 2,100%."

The plan is also positioned as a safeguard against inflation, promoting financial stability for families while providing tax benefits with premium deductions of up to THB 100,000, as permitted by the Revenue Department.

Ms. Pornpimon Trongtiengdham, Executive Vice President at Bangkok Bank, noted that the economic volatility and the ageing population in Thailand have prompted many working professionals—who often support both their parents and children—to seek out stable long-term savings solutions.

Ms. Pornpimon commented, "As a trusted partner in financial planning for over 80 years, Bangkok Bank recognizes the changing needs of our clientele.

Our collaboration with Bangkok Life Assurance in offering Gain1st Savings 10X 15/10 delivers an effective solution for those aiming to mitigate risk while ensuring capital preservation and family protection through extensive life insurance benefits."

The plan targets financially stable individuals aged 45 and above, addressing the needs of a demographic that has embraced the Gain1st series.

The new offering is designed to enhance financial security with consistent returns, substantial life coverage, and added accident protection.

Furthermore, the application process is simplified, as no medical examination or health questionnaire is required, making it accessible for professionals and entrepreneurs seeking reliable financial tools for future planning.

Individuals interested in enrolling in the Gain1st Savings 10X 15/10 can apply at any Bangkok Bank branch nationwide without the need for a medical check-up.

Additional information is available through Bangkok Bank branches, the Bualuang Phone service at 1333, Bangkok Life Assurance at 0 2777 8888, or the website www.bangkoklife.com.