Network Partner Profile
- Bangkok Life is affiliated to Bangkok Bank (Public) Ltd., the largest bank in Southeast Asia, and Bangkok Insurance Public Company Ltd., the largest Thai non-life insurer.
- Bangkok Life was established in 1951, the life department was created in 1978.
- Ranks among the top five local companies for both individual and group insurance business with an overall market share of 7.6% (2009). Total premium income in 2009 reached THB 19.9 billion, of which group life insurance accounted for THB 629 million.
- Strong focus on bancassurance via Bangkok Bank (Public) Ltd.
- Net profit for seven consecutive years, one of only five insurance companies with retained earnings; the company enjoys an excellent RBC level of 200% (2009).
- Member of the Swiss Life Network since 1988.
Special Advantages
- Local dividends granted on group term-life insurance are higher than average and may be used for premium reduction for large schemes if requested at the time the contract begins.
- Groups of more than 20 participants receive a volume rebate on group life coverages.
- A department for agents and customers, offering fast and efficient service through an all-inclusive service centre.
Coverages and Products
Types of Benefit - Coverage available and poolable:
- Group Life
- Disability Lump Sum (rider)
- Accidental Death & Dismemberment (rider)
- Medical (rider)
Coverage available:
- Endowment
