Invite to save with BAAC HUG 10/5, pay for 5 years, get 10 years of coverage.

Invite to save with BAAC HUG 10/5, pay for 5 years, 10-year coverage, receive money back every year, total benefit up to 582% BAAC launches BAAC HUG 10/5 campaign to support systematic savings discipline and create financial immunity with life insurance. Deposit starting at 10,000 baht, maximum not exceeding 2 million baht, pay for only 5 years, receive coverage for 10 years, and receive total benefits throughout the contract, up to 582%, receive refund from the first year, 3-6% per year, and can be used as a tax deduction. Open for deposits on October 1st at all BAAC branches nationwide. Mr. Paisarn Hongthong, Deputy Managing Director of the Bank for Agriculture and Agricultural Cooperatives (BAAC), revealed that to support systematic savings and build financial immunity for customers, BAAC has organized the BAAC HUG (Hug) 10/5 project, a life insurance deposit product that provides life insurance for farmers or farmer families aged 20-65 who are in good health. Customers can choose to deposit starting at 10,000 baht, up to a maximum of 2,000,000 baht per person. The deposit is an annual payment with a 5-year payment period and a 10-year protection period, in which customers will receive a total benefit throughout the contract of more than 582% of the welfare fund as follows: Receive life insurance coverage up to 505% in years 5-10 and great value, receive money back every year at the end of every policy year, such as years 1-2, receive money back 3% per year, years 3-4, receive money back 4% per year, years 5-6, receive money back 5% per year, and years 7-9, receive money back 6% per year, and when the contract is complete, receive a lump sum return of 540%. In addition, it can be used to reduce taxes up to 100,000 baht per year. BAAC invites interested parties to join in saving money to build financial immunity and receive many benefits with BAAC HUG 10/5, open for deposits starting from October 1st onwards at all BAAC branches nationwide. Special! Introductory promotion "BAAC HUG (Hug) 10/5, Peace of mind , get money back" for new customers who deposit from 10,000 baht or more and are approved for the policy will receive a cashback of up to 3% of the amount paid in the first year. The total cashback value does not exceed 5 million baht. Promotion period: October 1st - December 31st, 2024 (conditions are as specified by the policy and the bank). For more information, visit www.baac.or.th or inquire at any BAAC branch or Call Center at 02 555 0555. Source: Thai News Agency