Solutions
Tax-Saving Insurance Solutions
Protect your family and lower your tax bill in the same move — with life and endowment plans eligible for up to 300,000 THB in deductions.
Chat with me on LINEEvery March, Thais rush to buy insurance for the tax deduction — often choosing the wrong plan under deadline pressure. There's a better way: pick cover that genuinely protects your family and maximizes your deduction, well before the year ends.
How the deductions work
Thai tax law lets you deduct insurance premiums from your taxable income, within limits:
- Life insurance premiums — deductible up to 100,000 THB per year (policy term of 10+ years).
- Health insurance premiums — deductible up to 25,000 THB, but the combined life + health total cannot exceed 100,000 THB.
- Pension/annuity life insurance — an additional deduction of up to 200,000 THB (capped at 15% of assessable income, and subject to the combined retirement-savings ceiling).
Stacked correctly, an endowment or pension life plan can put a meaningful deduction to work for you — while building guaranteed savings.
Which plan is right for you?
| If your goal is… | Consider |
|---|---|
| Guaranteed savings + a deduction | An endowment plan (fixed term, guaranteed maturity benefit) |
| Long-term retirement income | A pension life plan (unlocks the extra 200,000 THB deduction) |
| Pure protection at low cost | Term life — small premium, full 100,000 THB life deduction |
The right answer depends on your income, your family situation, and how long you can commit. That's exactly what a 15-minute call is for — no jargon, just your numbers.
What I'll do for you
- Calculate your current deductible headroom based on your income.
- Match it to a plan that protects what matters — not just one that ticks the tax box.
- Handle the paperwork so your premium certificate is ready at filing time.