How cancellation insurance benefit







How cancellation insurance benefit.

Use the "cash surrender"
This way, the insurance policyholder cancels the policy after it closed for a while (not contract) does not send premiums.
Then the insurance coverage will end.
Cash rebates It grew as the years passed premiums.

Think the amount recoverable.
The sum insured multiplied by the cash surrender value divided by 1000.

Use the "money success" (the same amount of capital reduction).
In this way, insurance Stop sending insurance premiums Coverage continues Have lived or died between age.
The rest will be paid by the policy schedule. It was a night more.

Think the amount recoverable.
The sum insured multiplied by the value of the money was divided by 1000.

Use the "Extended" (lower limit of the same year).
This way, the insurance premiums stop. Maximum benefit in terms of protection.
If one died on the way over an extended period of time. Paid by the insurance fund, to live fully extended period of time is not.
What
If the two deaths over an extended period of time. Paid by the insurance fund, to live fully extended period of time given.
Money for contract renewal

Think the amount recoverable.
The sum insured multiplied by the value of the accumulated divided by 1000.

*conclude*
Worth the money success: the contract period will be the same coverage. However, the sum assured is reduced.
Down (on the table)
Examples capital of 200,000 USD. Send money to X years was 120,000 USD. = Death or maturity.
USD 120,000 contract.

Extended: The amount insured will be the same as stated in the policy, but the term.
The new coverage will be as indicated in the table.
Examples capital of 200,000 USD. Sent perpetuate 7 years = X years 7 years if not addressed premiums.
The death toll was 200,000.
etc
The beneficiaries: a husband and wife (making them both) parents with children (making them. Both sides)

The contracting entity: the individual legal age (20 years old) by the age of marriage.

17 year old minor must receive the consent of the governed.


The exception that insurance companies do not pay benefits.

Other benefits from life insurance.


- The insurance policy to be accused.


- A suicide within one year after making bail.
- The beneficiary dies.
- The contract is voidable

- Can be tax-deductible up to 100,000 baht each for a further 200,000.
Pension insurance, total 300 000 baht.
(Age of insurance coverage must be 10 years of premiums submitted during the tax year. It will be deducted
Slack)
- The policy as collateral for a loan.




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