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Thai Life Insurance Company Launches New Policy.
Nov. 1--To capitalise on the increased annual personal tax deduction for life insurance coverage, Thai Life Insurance has introduced a new product called Tax Minus, with an aim to produce 100 million baht in premiums over the remaining two months of this year.
The new policy would be the company's first available directly over the Internet, said executive vice-president Preedee Kwan-ngam.
The policy is available in 10-, 15- and 20-year terms. With no medical checkup required, a death by any cause will be compensated. Savings from premium payments plus dividends will be returned to the insured after the majority of the policy term.
"A ...
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Source: HighBeam Research, Thai Life Insurance Company Launches New Policy.