Press release

Chubb Life Launches “Health Protector Plus” Extending Coverage up to 10 Million Baht
Bangkok - Chubb Life in Thailand today announces the launch of “Health Protector Plus,” a rider which can been added to existing insurance plans, with enhanced coverage up to 10,000,000 Baht per policy year.
Mar 25, 2019

According to the Thai Life Assurance Association, the growth of health insurance premiums rose by 11% per year on average, between 2013 and 2017.  It reflects increasing demand by Thai people as they seek to cope with the rising cost of healthcare and medical expenses.  To ease customers’ concerns, the Health Protector Plus rider offers coverage starting from 2,000,000 Baht and extends up to 10,000,000 Baht per policy year. It provides  coverage for outpatient treaments, including minor surgery, kidney dialysis, radiation therapy and chemotherapy.

 

Angela Hunter, Country President of Chubb Life in Thailand, said “Health Protector Plus is an enhanced health insurance rider that provides a significantly larger lump sum benefit payment and also covers outpatient medical treatments so customers can have peace of mind when it comes to the cost of caring for their health. It brings a financial benefit as well because it is eligible for personal income tax deduction.

 

With Health Protector Plus, the insured can receive:

  • A lump sum benefit payment for medical treatment at actual cost and up to 10,000,000 Baht per policy year
  • Coverage of kidney dialysis, chemotherapy, and radiation therapy for outpatients
  • 21 different day case surgical procedures  
  • Coverage up to insured age of 80 years old
  • A cashless service while being treated in Chubb Life's network of 260 hospitals
  • A choice of five plan options
     

Chubb Life is committed to developing products to meet the needs of our customers at all stages of their lives. Further details about Health Protector Plus can be found here: https://www.chubb.com/th-en/personal/health-protector-plus.aspx

 

Note:

Policy applicants should read and comprehend about the benefits and terms and conditions of Health Protector Plusbefore deciding to purchase. Detailed product information can be found from brochure and policy document. In addition, company underwriting guideline will be applied.
 

About Chubb Life in Thailand

Chubb Life is the international life insurance division of Chubb. In Asia, Chubb Life operates in Hong Kong, Indonesia, Korea, Taiwan, Thailand and Vietnam, and participates in a joint-venture in China. Chubb Life has been in Thailand since 2001. To meet the financial protection and security needs of its broad range of customers, Chubb Life in Thailand (Chubb Life Assurance Public Company Limited) offers a range of life protection, savings, accident & health, credit protection insurance for auto, motorcycle and home loans, and group employee benefits insurance solutions through agents, brokers, banks, and partners. Additional information can be found at: life.chubb.com/th

 

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, 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, Paris and other locations, and employs more than 30,000 people worldwide. Additional information can be found at: www.chubb.com

 

Media Contacts

Jaruma Jaruphongtawit
Chief Marketing Officer
Chubb Life in Thailand
+662 615 6886
jaruma.jaruphongtawit@chubb.com  

Kate Humphris
MHP Communications
+852 9602 7536
kate.humphris@mhpc.com