Life insurance provides financial protection for the insured and his or her family in the case of unforeseen tragedy.
Premium can be paid at KBZ Bank, CB Bank, UAB Bank, GTB Bank, MCB Bank, OK$, Wave Money, Collector Collection Service, Capital Taiyo Life Insurance branch office.
You must wait 10 business days.
It takes (1) year.
If the premium withdrawals before the maturity date, fixed compensation plan can get surrender value.
Short Term Endowment Life Insurance
The benefits of short term endowment are
(1) Maturity Benefit,
(2) Death Benefit,
(3) Total Permanent Disability Benefit.
Premium payment rate shall be calculated based on the coverage and age of the insured person.
Monthly premium payment for (15) days and quarterly, biannual or annual payment for (30) days can be delayed.
The insured can be withdrawal after paying at least 12times, if the premium payment is monthly.
Group Life Insurance
It is required at least (5) persons in group life insurance for one contract.
Payment of premium paid is lump sum in group life insurance.
If the worker quits the job, the compensation benefit will not be paid.
Health insurance benefits are outpatient treatment, hospitalization charges (due to both Accident and Disease), death (due to both Accident and Disease), surgical charges, and treatment for miscarriage (at the Hospital Only).
The insured must inform the insurer before admitted to the hospital. Claim must be filed within 10 business days after being discharged from the hospital along with medical record and evidences.
Critical illness insurance can cover most common critical illness which are unforeseen tragedy with hospitalization, operation and death provide fixed amount of benefits.
Premium must be paid semi-annually, annually for individual customer and monthly, quarterly, semi-annually and annually for group customers in critical illness.
Benefit is depending on the doctor’s recommendation, and fixed compensation plan.
It can get lump sum payment.
The insured need to inform contact phone within ( 7 ) days from the date of the accident.
Travel insurance under 100 miles and Special Travel insurance can be purchased at ticket counter and inbound / outbound travel insurance can be purchased at Capital Taiyo Life Insurance head office.
The insured can claim for death benefit within (1) year and for injury within (2) years from the date that happens.