Prudential Life Insurance has partnered with TMB Thanachart (TTB) to launch TTB Infinity Saver 88/8 Savings Life Insurance for planning long-term finances and creating stable security for policyholders. It is suitable for those who want a guaranteed return along with comprehensive life insurance coverage.
With the TTB Infinity Saver 88/8, policyholders pay premiums for 8 years and receive coverage until age 88. They will receive a cashback of 8.8% of the initial insured amount every year from the end of the first policy year until age 1. Upon reaching age 87, receive a lump sum of 88% of the initial insured amount.
In the event of death from an accident, policyholders receive coverage of up to 1,616% of the initial insurance amount. They can use their tax deduction rights of up to THB100,000 per year (according to the conditions of the Revenue Department).
Those interested can apply through the TTB app without a health check and answer one health question and underwriting is subject to the company's terms and conditions. Successful applicants get a 15% cashback promotion on the first annual premium to their savings accounts and can opt to pay in instalments at 0% interest for up to 10 months when paying with a TTB credit card, reported Money & Banking Online.