Generali Life Assurance (Thailand) Public Company Limited, in collaboration with Kiatnakin Phatra Bank Public Company Limited, has launched ‘KKP Lifecare Saving,’ a savings account linked to critical illness insurance. The product is designed for individuals seeking both financial returns and health protection, offering coverage for 40 critical illnesses with a sum insured up to 1,000,000 Baht . It also includes a special interest rate from Kiatnakin Phatra Bank of up to 0.75% per annum (from February 26 to May 31, 2024)

Mr. Kampol Jantavibool, President of Kiatnakin Phatra Bank Public Company Limited, said, “Critical illness rates in Thailand, including cancer, heart disease, and stroke, are steadily rising due to factors such as stress and pollution, especially among the working-age population. To address this, the bank has partnered with Generali Life Assurance to develop ‘KKP Lifecare Saving,’ a product that helps customers manage their finances and ease the financial burden of critical illnesses”.

KKP Lifecare Saving is designed for those seeking both savings and health protection, combining the benefits of a savings account and health coverage. Key features include:

• Coverage for death from any cause, 24 hours a day, with a sum insured of 50,000 Baht.
• Coverage for 40 critical illnesses, such as cancer, heart disease, stroke, and chronic kidney disease, with up to 1,000,000 Baht.
• An interest rate of up to 0.75% per annum (from February 26, 2025, to May 31, 2025).
• No additional annual premiums are required, with a minimum deposit of 50,000 Baht.
• Insurance coverage up to 125% of the average deposit balance for the two months prior to diagnosis.
• Daily interest accumulation, facilitating continuous growth of funds.

“KKP Lifecare Saving is an excellent choice for those focused on financial management and seeking added health protection, especially as medical costs continue to rise. With a savings account offering good interest rates and critical illness coverage, customers can live with greater confidence, security, and peace of mind, today and beyond,” Mr. Kampol said.

Mr. Arsh Kaumi, Country Manager & CEO of Generali Thailand, said, “Generali has prioritized the development of need based and affordable insurance. KKP Lifecare Saving product is being launched to meet the needs of Kiatnakin Phatra Bank customers, who prioritize comprehensive financial planning, including savings and health risk protection. Kiatnakin Phatra Bank is a strategic business partner of Generali and we look forward to strengthening our relationship through insurance solutions customized to meet the customer needs. Selecting products that are distinct and provide valuable benefits to customers is one of the company’s key strategies,”

For more information, please contact any Kiatnakin Phatra Bank branch or
call 02 165 5555.