FWD Insurance presents selected tax-deductible products on E-commerce platform, maximize year-end 2024 tax savings with comprehensive insurance promotions

Stocks News Thursday November 28, 2024 13:18 —PRESS RELEASE LOCAL

FWD Insurance presents selected tax-deductible products on E-commerce platform, maximize year-end 2024 tax savings with comprehensive insurance promotions

FWD Life Insurance Plc. ("FWD Insurance") introduces a curated selection of tax-deductible insurance products through an e-commerce channel. These products, designed to optimize tax benefits, include savings and pension insurance options, enabling customers to claim deductions of up to 300,000 baht in accordance with Revenue Department guidelines. The campaign offers year-end benefits such as premium discounts of up to 7%, exclusive gifts, and 0% premium installment plans for up to 10 months, available now until December 31, 2024.

Committed to a customer-led approach, FWD Insurance has consolidated comprehensive resources, comprising educational articles and tax calculation tools, in one convenient online platform. The campaign enables customers to independently explore, compare, and select insurance plans that precisely match their financial needs, all accessible online with ultimate convenience and flexibility at https://www.fwd.co.th/th/tax-deduction-insurance.

This year, FWD Insurance presents three premier online insurance plans eligible for maximum tax deduction benefits of up to 300,000 baht in accordance with Revenue Department guidelines.

  • Savings Insurance Easy E-Save 10/5 - A five-time consecutive #1 best-selling online savings insurance product. Customers pay premiums for 5 years while receiving 10-year coverage. Features include guaranteed annual returns of up to 5% and cumulative returns of 390% of the sum assured. Eligible for tax deductions of up to 100,000 baht under Revenue Department criteria. Detailed information is available at https://www.fwd.co.th/th/savings-insurance/easy-e-save/.
  • Savings Insurance Speed Saving 12/3 - Ideal for customers seeking a short-term premium payment strategy. Pay premiums for just 3 years while securing 12-year coverage. Offers guaranteed annual returns of up to 6% and total returns of 348% of the sum assured. Qualify for tax deductions of up to 100,000 baht. Additional details are available at https://www.fwd.co.th/th/savings-insurance/speed-saving-12-3/.
  • Easy E-Retire 90/5 Pension Insurance - A pension insurance offering consistent post-retirement income, this plan guarantees annual pension payments from ages 60-90 while offering incrementally increasing returns of up to 28% of the sum assured. It also allows tax deductions of up to 200,000 baht. Explore further details at https://www.fwd.co.th/th/savings-insurance/easy-e-retire-90-5/.
  • Exclusive Campaign: Apply and pay premiums through e-commerce channels from today until December 31, 2024, to unlock extra benefits.

    • Up to 7% premium discounts on savings insurance products.
    • Gift cards or gold prizes (up to 1 baht weight) for pension insurance purchases.
    • 0% premium installment plans for up to 10 months on select products.

    For more information about FWD Insurance's tax-deductible insurance offerings, please visit https://www.fwd.co.th/th/tax-deduction-insurance.

    Source: Premiums from Digital Channels (YTD), January-December 2019-2023. Distribution Channels Premium Report (new format), December 2019-2023, Thai Life Assurance Association.

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