Thai Credit Bank Partners with T Life Assurance Expands into Life Insurance Market to Deliver Comprehensive Financial Solutions

Thai Credit Bank Public Company Limited continues to expand its comprehensive financial services. Most recently, the Bank partnered with T Life Assurance Public Company Limited, a Thanachart Group company, to offer life insurance products through Thai Credit Bank branches. This collaboration aims to enhance customers’ financial planning services and meet the protection needs of all customer segments.

Mr. Veeravet Chaiyawan, Senior Executive Vice President, Retail & Wealth Banking Group at Thai Credit Bank Public Company Limited, stated that Thai Credit Bank remains committed to its mission of enabling customers at all levels to access appropriate and fair financial services inclusively. This partnership with T Life Assurance marks a significant step in strengthening and broadening the Bank’s financial service offerings. It reinforces Thai Credit Bank role as a trusted financial partner, standing alongside customers at every important milestone in life by promoting financial resilience and long term planning to build a secure foundation for customers and their families in the future.

Leveraging the Bank’s strengths in experienced personnel and close relationships with local communities, Thai Credit Bank is well positioned to provide holistic financial advisory services tailored precisely to individual needs covering both life protection and savings stability. This collaboration not only enables customers to manage risks and safeguard their wealth more effectively and also presents an opportunity for both organizations to expand their customer base and jointly drive sustainable financial well-being for Thai people.

Mr. Wuthilert Suwannasri, Managing Director of T Life Assurance Public Company Limited, said that the partnership represents another key milestone in expanding the life insurance market through the bancassurance channel a highly trusted distribution channel where customers can receive direct advice from knowledgeable bank officers and conveniently access suitable products. Under this collaboration, Thai Credit Bank will serve as a distribution and advisory channel for T Life’s life insurance products through its branches nationwide, with a focus on personalized service and in depth needs analysis to ensure customers select plans aligned with their financial status and long term goals.

“T Life Assurance is committed to developing easy to understand life insurance products that provide appropriate coverage for each stage of life and genuinely support customers’ financial goals. Partnering with Thai Credit Bank, which has an extensive branch network nationwide, will make life insurance more accessible and ensure customers receive advice tailored to their needs. This collaboration not only expands our customer base but also reinforces our commitment to caring for customers at every stage of life,” Mr.Wuthilert added.

In the initial phase, T Life is introducing the Smart Saving 10/4 life insurance plan through Thai Credit Bank branches. The product is designed for customers seeking both financial planning and valuable life protection. It requires premium payments for only four years while providing coverage for ten years, reducing long term premium burdens and offering peace of mind to policyholders and their families. Policyholders will receive annual cash benefits of up to 6%, totaling up to 460% over the policy term, along with life coverage of up to 440%*. The plan offers attractive returns for customers who wish to combine protection and savings in a single solution. In addition, life insurance premiums are eligible for personal income tax deductions of up to THB 100,000, in accordance with Revenue Department regulations, further enhancing long term tax and financial planning efficiency. Looking ahead, T Life plans to continuously develop and introduce additional life insurance products through Thai Credit Bank to better serve the diverse needs of customers at different life stages.
*of the policy sum assured

Customers can plan their finances with T Life insurance products at all 33 Thai Credit Bank branches or contact the Call Center at 02-697-5454 or visit www.thaicreditbank.com

For further inquiries regarding T Life products, customers may contact 02-111-0055, Monday–Friday, 8:30 a.m.–5:00 p.m., Email: [email protected], or Line: @tlife. Updates are also available at www.tlife.co.th
and via the company’s social media channels on Facebook, Instagram, and TikTok: @tlifeassurance.

Note: Customers should understand the coverage details and conditions before deciding to buy insurance

Source: Thai Credit Bank

Symbol: CREDIT