OCEAN LIFE Prestige Legacy 99/1 (Fixed Cash Surrender Value)

The exclusions under the Policy are subject to the terms and conditions specified in the insurance policy issued by the Company to the policyholder.
The exclusions described in this document are only a summary of certain policy exclusions. Examples include:

1. Failure to disclose material facts or making any misrepresentation in the insurance application. In such cases, the Company may avoid the Policy and deny payment of any policy benefits.
2. Suicide within one year from the policy effective date or the date of the latest policy reinstatement.
3. Death intentionally caused by the beneficiary.
4. Misstatement of age, where the Company can prove that the insured's correct age at the time of policy issuance fell outside the Company's standard underwriting age limits and premium rates.

Q: What is the eligible entry age for OCEAN LIFE Prestige Legacy 99/1 (Fixed Cash Surrender Value)?
A: The plan is available to individuals aged 30 days to 75 years.

Q: What premium payment modes are available for OCEAN LIFE Prestige Legacy 99/1 (Fixed Cash Surrender Value)?
A: A single premium payment is required.

Q: What are the minimum and maximum sum assured amounts available under OCEAN LIFE Prestige Legacy 99/1 (Fixed Cash Surrender Value)?
A: The minimum sum assured is THB 10,000,000. The maximum sum assured is THB 100,000,000 per insured person per insurance plan, aggregated across all policies.

Q: Can OCEAN LIFE Prestige Legacy 99/1 (Fixed Cash Surrender Value) be purchased together with riders?
A: No. Riders cannot be attached to this policy.

Q: Is a health declaration or medical examination required when applying for OCEAN LIFE Prestige Legacy 99/1 (Fixed Cash Surrender Value)?
A: A health declaration and/or medical examination may be required, subject to the Company’s underwriting guidelines for High Net Worth insurance products. A Large Amount Questionnaire (LAQ) and financial documentation are required based on the total sum assured

Q: How much of the premium paid for OCEAN LIFE Prestige Legacy 99/1 (Fixed Cash Surrender Value) is eligible for personal income tax deduction?
A: Premiums paid may qualify for a personal income tax deduction of up to THB 100,000, subject to the rules prescribed by the Revenue Department.

(1) The Company shall pay the policy benefit or or 101% of the total premiums paid, whichever is greater.
(2) In the event of Terminl Illnesss, shall pay the policy benefit or or 101% of the total premiums paid, whichever is greater. Upon payment of the terminal illness benefit by the Company, the policy shall terminate.

• % means the percentage of the sum assured.
• Underwriting is subject to the Company’s terms and conditions.
• Coverage and the payment of benefits shall be in accordance with the conditions specified in the policy.
• Policyholders who wish to claim life insurance premiums for personal income tax deductions must declare their intent and provide consent for the company to submit their premium information to the Revenue Department.
• This is only basic information. An insured should read aware of coverage condition, benefits, and exclusions of an insurance policy.