Bangkok Life Assurance, in a strategic collaboration with Bangkok Bank, has unveiled a novel savings insurance offering that’s turning heads in the financial sector: the Gain1st Savings 10X 15/10 plan. Tailored specifically for ambitious working professionals, from mid-level to top-tier executives and the next wave of young entrepreneurship stars, this plan promises financial serenity through meticulous planning and foresight. With a 10-year premium commitment coupled with 15 years of financial embrace, it showers subscribers with annual cash delights amounting to 10% of the pledged sum, culminating in a significant payout when the term ends. Not just stopping at savings, this plan uplifts life insurance coverage to an impressive 1,050% of the assured amount, with accidental demise benefits skyrocketing to a titanic 2,100%!
Steering the conversation, Mrs. Laddawan Sitthiworranant, the ever-gracious Executive Vice President of the Bancassurance and Partnership Distribution Division at Bangkok Life Assurance Public Company Limited, shed some light on the matter. She noted the significance of prudent financial maneuvers in these times when interest rates are invitingly low. “The Gain1st collection, a brainchild crafted with Bangkok Bank, holds a cherished place in the hearts of our banking clientele, especially the working-age crowd. It’s a beacon of hope offering superior yields compared to the old faithful of traditional saving avenues, wrapped neatly with intrinsic life assurance perks.”
The year introduces the Gain1st Savings 10X 15/10, aimed squarely at the crème de la crème of clientele—executives blazing trails and entrepreneurs penning their legacies. Available exclusively through Bangkok Bank, it courteously asks for a decade of premiums whilst bestowing a decade and a half of protective cloak. Every year from the first through the fourteenth, beneficiaries are greeted with tax-free smiles, equating to 10% of their assured commitment. The fifteenth year? A grand finale, paying out a wholesome 1,000% of the agreed sum. In the shadows of life’s uncertainties, assurance rises to 1,050%, and should fate deal a sudden blow, accidental benefits double—capping at an awe-inspiring 2,100%.
Mrs. Laddawan enthused further, “The artistry of the Gain1st Savings 10X 15/10 is in its promise of secured returns, untouched by the cyclone of investment risks. It’s a faithful guard against life’s inflations, securing familial futures, and garnishing it all with tax abatements—as per the gracious nod of the Revenue Department, letting premiums whisper away up to THB 100,000.”
Adding her voice, Ms. Pornpimon Trongtiengdham, her counterpart at Bangkok Bank Public Company Limited, highlighted the economic swellings and Thailand’s gracefully aging populace. “In these swirling times, professionals juggling the cradle and the rocking chair find solace in long-term financial securities—ones that whisper stability and safe havens of returns.”
“Bangkok Bank, a cornerstone in financial counseling for over 80 years, is tuned to the harmonic shifts in our clients’ desires. Our union with Bangkok Life Assurance to present Gain1st Savings 10X 15/10 is a masterstroke, promising reduced gambles and assuring the protection of capital and kin, through robust life insurance solutions,” Ms. Pornpimon shared enthusiastically.
Specifically curated for financially temperate individuals aged 45 and above, this exhilarating plan aligns gracefully with the ethos of Bangkok Bank’s long-standing clientele. Gain1st has not only been warmly embraced but promises to heighten secure financial landscapes with dependable returns, towering life coverage, and an extra layer of accident shield. Accessibility is broadened by forgoing the need for medical or health inquiries, opening up this golden tool to professionals and enterprise architects in search of tranquility wrapped in financial prudence.
Should this captivating plan tickle your fancy, the doors of all Bangkok Bank branches nationwide swing open for applications, no health check required. For the curious minds thirsting for more specifics, Bangkok Bank welcomes you with open arms at any branch, via a call to the Bualuang Phone line at 1333, or through direct words with Bangkok Life Assurance at 0 2777 8888. Online explorers can also embark on a click journey to www.bangkoklife.com for an ocean of information.
Seems like another gimmick to get people to part with their money for a decade.
Not really, it’s a smart move if you’re looking to secure your future financially.
The future might be secure, but what about liquidity? Life happens and sometimes we need cash now.
Perhaps diversification is the key. It’s not about all or nothing.
I love the concept of structured savings mixed with insurance. It’s like hitting two birds with one stone.
True, but always remember to read the fine print. Insurance products can be tricky with hidden fees.
The payouts seem quite impressive, especially for accidental death. Sadly, these numbers are what draws people in.
Isn’t this just another way to discourage spending and boost the bank’s profit margins over time?
In some ways yes, but from another angle, it’s about creating a forced discipline to save.
Big banks are always trying to lure in the older generation with promises of security.
Older individuals often need these structured plans. Banks are filling a need.
I’m wary of plans that don’t require health checks. What’s the catch?
Who has the means to set aside money untouched for 15 years?
High earners and those with strong budgeting strategies maybe?
Exactly, not the average person – it caters to the privileged few.
In a world riddled with uncertainties, any guarantee is a signpost to peace for me.
Annual 10% cash delight? That’s not enough for inflation if you ask me.
But it’s better than nothing; living off minimal interest is still progress.
Depends on where you’re living. Inflation rates vary and so does cost of living.
Honestly, saving for my kids’ education is more than any financial package offers. I get it, but I’ll pass.
If the bank’s been around for 80 years, they must be doing something right, or people trust them.
I think Thailand’s aging populace does need these plans. Attention needs to be on long term security.
Leaving growth potential of stocks seems like an oversight. It’s essential for high returns, this isn’t it.
Sure, if you’re risk-tolerant. But not everyone’s comfortable with market fluctuations.
Is it truly a plan for the middle class? More like a golden carrot for the executives.
Never underestimate the power of ‘no health checks’. Some of us need that leniency.
I’m intrigued by this, especially considering the tax abatements it allows.
Encouraging saving is great, but the lock-in period is concerning for unexpected life twists and turns.
Plans like these are not for those who expect to dip into savings frequently.
Don’t have an account with Bangkok Bank, but this might change my mind. Seems interesting.
Why bother? A mix of real estate and index funds has worked wonders for me.
If all it takes is 15 years for a secure future, count me in. Just need the discipline to keep the premiums coming.