Prudential Life has partnered TMB Thanachart Bank (TTB) to debut TTB US Multi-Asset Index Principal Protect 15/5 Life Insurance - an innovative financial product that combines life protection with the opportunity for high returns from investments in the US through the benchmark index, Citi QuantCube Multi-Asset.
The insurance coverage is available for ages 1 month to 75 years. Premiums are payable for 5 years, providing life coverage for 15 years and principal protection.
Policyholders can expect to receive a 1% return of the sum insured every 2 years, and upon contract maturity, receive 495% of the sum insured.
For ages 71 to 75, there will be no cash returns during the contract period, and upon contract maturity, receive 500% of the sum insured.
Furthermore, it enhances growth opportunities with a participation rate of up to 260% in returns generated by changes in the benchmark index at maturity, based on the Citi-QuantCube Multi-Asset Regime VT8 Index.
At the same time, policyholders receive life coverage of 505% of the sum insured throughout the contract term, without a medical examination or health questionnaire.
The key feature of this product is the use of AI to analyse in-depth macroeconomic data in real-time to stay informed about the current economic situation and understand its state, such as Heating Up (rapid growth), Goldilocks (balanced growth), Slow Growth (slow growth), or Stagflation (slow growth and high inflation). The AI ??will then automatically adjust investment allocations based on predefined scenarios in a timely manner to suit the current market conditions.
Policyholders will receive a refund into their account of up to 5% of the first year's annual premium when purchasing TTB US Multi-Asset Index Principle Protect 15/5 life insurance and paying an annual premium of THB5,000,000 or more between 23 February 2026 and 31 March 2026, reported Money & Banking.