Chubb Life in Thailand recently launched "Health Protector", a hospital and surgical rider product with extensive benefits, to reinforce the company's commitment to craft health coverage that fits today's customers in Thailand. The 'Health Protector' rider is designed for customers who want to worry less in the event of hospitalization, the product comes with a maximum claim coverage of 5,500,000 Baht per year and 15,000 Baht per day for room and board, while giving the insured a tax deduction benefit1.
Health care and medical costs continue to rise in recent years. According to the Ministry of Public Health of Thailand, contagious diseases such as respiratory, infectious and gastrointestinal are the most common ones in Thailand2. To ease customers' anxiety, Chubb Life's "Health Protector" product comes with five options, the coverage per year starts from 1,1000,000 Baht for the "HSP3 plan" and up to 5,500,000 Baht for the "HSP15" plan. The actual medical expenses will be paid to the insured according to the maximum coverage of the policy. The product is applicable for customers aged from 1 month to 70 years old, and customer can renew their policy until they reach 80 years old. All options offer lump-sum benefit payout, which covers hospitalization from both accident and illness. The coverage includes daily room and board, nursing services, surgical and medical procedure fees, doctor fees, take-home medicine, laboratory and radiological examination fees, and emergency care of outpatients caused by accident.
Mrs. Sally O'Hara, Country President of Chubb Life Assurance Pcl. said, "We are committed to developing products to meet the needs of our customers. Our 'Health Protector' rider is designed not only to provide an extensive level of coverage for inpatients, but also extend to 21 day case procedures such as endoscope, cataract extraction, and breast mass excision. We offer cashless service when customers are treated in Chubb Life's network of 260 hospitals nationwide. This product is created for Thai people so our customers will be able to receive proper hospital treatment, to relieve their financial burden of surgical and medical expenses, and to better manage their life. In addition, premium paid for this product is eligible for personal income tax deduction up to 15,000 Baht per year according to Revenue Department's regulation1."
An unexpected turn of events from illness or accidents can easily wipe away life savings, getting 'Health Protector' together with a life insurance plan will help customers through challenging times.
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About Chubb
Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.
About Chubb Life in Thailand
Chubb Life is the global life insurance division of Chubb. Chubb Life in Thailand (Chubb Life Assurance Public Company Limited), established in 2001, offers a comprehensive array of quality life insurance products to meet the financial protection and security needs of a broad range of customers. By taking a needs-based approach, the company skillfully helps customers evaluate their financial requirements and devises customized plans to safeguard their future, property and business. Chubb Life distributes its products through its professional and growing tied agency network, as well as through its partnerships with leading banks, financial institutions, independent brokers and other companies to tailor insurance policies for their clients and employees. The variety of distribution channels employed enables Chubb Life to continuously grow its customer base.
For more information, please visit http://life.chubb.com/th
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Media contact
Laila Tohkeemorlee
Assistant Manager, Corporate Communications
Chubb Life Assurance Public Company Limited
02 615 6986
Laila.Tohkeemorlee@chubb.com
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Sarah Tam
Global Head of Communications
Chubb Life
+852 2185 0288
Sarah.Tam@chubb.com
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