Bangkok--11 Jun--Verve
Ocean Life Insurance launches “Ocean Life Saving 10/5”, a short-term saving plan coming with a maximum 505% coverage and a maximum 605% return of sum assured.
Ocean Life Insurance Co., Ltd, the “Friends for Life and… Beyond” launches “Ocean Life Savings 10/5”, a short-term saving plan for those who need to have stable financial collateral for themselves and their beloved families. With a maximum 505% coverage and a maximum 605% cash back of sum assured at maturity, this plan is easy to apply without medical check-up and HIV test requirement.
Mrs. Nusara Bunyatpiyapong, President of Ocean Life Insurance Co., Ltd., reveals that “The company launches “Ocean Life Savings 10/5”, a life insurance plan for those who need to have saving tools in short-term of payment, but giving a high return on the condition of 5 - year term of payment with a 10-year term of coverage. The application is easy for the insured age between 20-70 years old with a minimum sum assured of 30,000 baht and a maximum of 5 million baht without medical check-up and HIV test requirement. If the term of coverage is met by the living insured, he or she will receive a living benefit that will gives a total of 605% cash back of sum assured at maturity. Otherwise, the death benefit will equate to 505% of sum assured. Nevertheless, the premium paid for this savings plan shall only be conducted on annual basis at the same rate for both male and female insured.
For the living benefit, in case the insured is living each policy year, he or she will get an annual cash back of 5% of sum assured at the first year until the third year. And at the fourth until the sixth year, the insured will get 10% cash back of sum assured. At the seventh until the tenth year, he or she insured will get 15% cash back of sum assured. When the term of coverage is met, the insured will get 100% cash back of sum assured. The total living benefit for the whole term of coverage will be 605% of sum assured.
In case the insured happens to pass away during the first policy year, he or she will get 100% cash back of sum assured. During the second year, the insured will get 205% cash back of sum assured. During the third year, the insured will get 305% cash back of sum assured. During the forth year, 405% cash back of sum assured and during the fifth until the tenth year, he or she will get 505% cash back of sum assured.
For more information, interested persons can call “Contact Center” at 0-2207-8888 or directly contact the headquarters of Ocean Life Insurance Co., Ltd., Ocean Tower 1, Customer Service Department, Tel: 0-2261-2300 or more than 250 branches of Ocean Life Insurance Co., Ltd. countrywide and visit www.ocean.co.th.
Press Contact
Corporate Communications Division
Ocean Life Insurance Co., Ltd.
Khun Adisak Srichan (Tor)
Tel: 0-2261-2300 Ext. 1627
Verve
Khun Wongchan Tangsongsak (Chan)
Tel: 0-2204-8221
Khun Nitida Asawanipont (Nida)
Tel: 0-2204-8226