What is annuity life insurance?

What is annuity life insurance?

For those who are planning their finances, annuity life insurance is one of the options. But still hesitating whether to do good or not If done, will it be worth it or not? We will take the readers to find the answer together in this article.

Annuity life insurance is life insurance that is intended to protect life and will pay us equal benefits every installment. When we have paid all premiums Simply put, creating a pension for use after retirement The amount of tax deductible = 15% of the taxable income of not more than 200,000 baht when combined with RMF, not more than 500,000 baht.

Other additional conditions

- have a coverage period of 10 years or more

- Insurance with an insurance company in Thailand

- Regular benefits will be paid.

- The period for which benefits will be paid is set at the age of 55 - 85 years or maybe more.

- Benefits will be received only after premiums have been paid in full.

For anyone who wants to create a financial plan with a fixed amount of money to use when reaching retirement age, proficient life insurance is something that can answer the question. because it is a hedge against future risks for oneself Because our lives are uncertain. But in the selection, it depends on the goal and needs of investors as well. Therefore, if investing, then must study the details thoroughly along with their own needs.

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