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Online Life Insurance Comparison
Compare the Best Life Insurance
Find the life plan that fits you from 20+ top providers
Compare Term, Whole Life, Endowment, Pension, and Unit-Linked. Protection, savings, and investment in one plan.
- Compare from 20+ top insurers
- Tax deduction up to ฿100,000/year
- Protection, savings, and investment in one
Life
All types
Tax-deductible
Up to ฿100k
7,290+ reviews
4.8 / 5.0
4.8
Avg. rating
(7,290+ reviews)
(7,290+ reviews)
100K+
Happy
customers
customers
40+
Insurers
compared
compared
฿0
Service
fee, free
fee, free
Why CheckDi
Compare 20+ insurers
Compare life plans from top providers in one place.
Tax Deductible
Life premiums deductible up to ฿100,000/year.
0% Installment up to 10 months
Pay in 0% installments up to 10 months.
We're Impartial
Honest comparisons. No favorites.
No Hidden Fees
The price you see is the price you pay.
Support Team
Advisors help you choose plans and handle claims.
What is Life Insurance?
Life insurance pays a lump sum to beneficiaries on death or returns funds at maturity. Comes in many forms — protection, savings, and investment — choose based on your financial goals.
Types of Life Insurance
4 main types, each for different goals
🛡️ Term Life
Protection OnlyCheapest. Covers death for a set period. No cash value.
- ✓ Low premiums, high coverage · Best for breadwinners
♾️ Whole Life
Protection + SavingsLifetime coverage with cash value. Fixed premiums.
- ✓ Guaranteed lifetime · Cash value accumulates
🏦 Endowment
Savings + ProtectionProtection + periodic payouts + lump sum at maturity.
- ✓ Periodic cash returns · Long-term planning
📈 Unit Linked
Investment + ProtectionPart protection, part mutual fund investment. Returns not guaranteed.
- ⚠ Flexible but returns fluctuate
How to Choose
- 1. What's your goal? — Protection → Term / Save → Endowment / Invest → Unit Linked
- 2. How much coverage? — 10× annual income for breadwinners
- 3. Can you afford it? — Should not exceed 10-15% of income
- 4. Critical illness rider? — Small extra, pays lump sum on critical illness
- 5. Check CAR ratio — Must be above 140% per OIC
How Much Does Life Insurance Cost?
Price range for 1M THB, 20-year Term Life
| Age | Premium (THB/yr) |
|---|---|
| 25 | 3,000–5,000 |
| 30 | 4,000–7,000 |
| 35 | 5,500–10,000 |
| 40 | 8,000–16,000 |
| 45 | 12,000–25,000 |
| 50 | 18,000–40,000 |
Note: Endowment and Whole Life premiums are 3-10× higher due to savings/investment components.
Pros and Things to Know
✓ Pros
- Tax deduction up to 100K/year
- Protects family
- Some plans return cash
- Fixed premiums
⚠ Things to Know
- Long-term commitment — Early cancel loses money
- Returns lower than funds
- Health screening — High coverage/older
- Unit Linked is complex
Tax Deduction
💰 Tax Benefits
Life premiums deductible up to 100,000 THB/year (combined with health). Policy must be 10+ years.
Pension-type adds 200,000 THB/year (combined with RMF/SSF up to 500,000).
How to Save on Life Insurance
- 1. Buy young — Age 25 premiums are 2-3× cheaper than age 40
- 2. Choose Term Life for protection only — 5-10× cheaper than endowment
- 3. Pay annually — Save 2-5% vs monthly
- 4. Don't smoke — Non-smokers save ~30-50% on premiums
- 5. Compare across insurers — Premiums can vary 20-40% for the same coverage
How to Apply for Life Insurance
📋 Application Steps
- Compare plans — choose type and coverage
- Fill in personal + health info
- Health screening (if required)
- Pay first premium installment
- Receive policy in 7-14 days
✅ Life Insurance Claims
- Report — beneficiary contacts insurer
- Submit docs — death certificate, ID, policy
- Insurer reviews 15-30 days
- Lump sum paid to beneficiary account
FAQ
Life vs health insurance?
Life pays lump sum on death/maturity. Health pays medical bills. Different purposes — have both.
Best for beginners?
Term Life — cheapest, highest coverage, easy to understand.
Tax deduction amount?
Up to 100,000 THB/year (10+ year policies). Pension adds 200,000.
Can I cancel mid-term?
Yes, but you get cash surrender value which is less than premiums paid.
Is Unit Linked good?
Good if you understand investing. Returns aren't guaranteed. For protection only, Term Life is cheaper.
Best age to buy?
Sooner is better — lower premiums, easier health approval. Ages 25-35 are ideal.
Further Reading
Understanding Life Insurance in Thailand
Types of Life Insurance in Thailand
Life insurance in Thailand comes in several forms, each designed for different financial goals. Whether you want to build savings, secure retirement income, or protect your family, there is a plan that fits. Understanding the differences helps you choose wisely and maximise your tax deduction benefits.
Whole Life Insurance
Whole life insurance provides long-term coverage, typically until age 90-99. You pay premiums for a set period (5 to 20 years), and the policy remains active for the rest of your life. Premiums are lower than savings-type plans because there is usually no cash return during the policy term. This type is ideal for people who want to leave financial security for their dependents.
Term Life Insurance
Term life offers coverage for a specific period at the lowest premium cost. You choose the duration that matches your needs, and you can cancel anytime. It suits people with temporary coverage needs, such as during high-risk work periods or while supporting young children through school.
Savings Life Insurance (Endowment)
Savings life insurance combines protection with returns. You receive periodic payouts or a lump sum at maturity, similar to a fixed deposit but with added life coverage. The focus is on returns rather than high coverage amounts. It works well for disciplined savers who want both insurance protection and better returns than a bank account.
Pension Life Insurance
Pension insurance is designed for retirement planning. You pay premiums consistently until retirement age, then receive annual income payments, typically until age 85-90. This type offers the highest tax deduction benefit, with an additional 200,000 THB deduction on top of the standard 100,000 THB life insurance deduction.
Tax Deduction Benefits
Life insurance premiums in Thailand qualify for income tax deductions. Standard life insurance (whole life, term, savings) allows up to 100,000 THB per year. Pension insurance adds another 200,000 THB, bringing the combined maximum to 300,000 THB. This makes life insurance one of the most effective tax-saving tools available.
Comparing Life Insurance Types
| Feature | Whole Life | Term Life | Savings | Pension |
|---|---|---|---|---|
| Coverage Period | Until age 90-99 | Selected term only | 3-30 years | Until retirement |
| Premium Level | Moderate | Lowest | Higher | Moderate-High |
| Cash Returns | Usually none | None | Periodic payouts | Annual pension after retirement |
| Tax Deduction | Up to 100,000 THB | Up to 100,000 THB | Up to 100,000 THB | Up to 300,000 THB |
| Best For | Family protection | Temporary coverage | Savings + protection | Retirement planning |
How to Choose the Right Plan
- Assess your goal — Protection for dependents? Savings? Retirement income? Tax savings?
- Check your budget — Can you commit to premiums for the full term without financial strain?
- Consider your age — Starting younger means lower premiums and longer accumulation periods
- Review tax benefits — If tax deduction is a priority, pension plans offer the highest ceiling
- Compare multiple insurers — Premium rates and benefits vary significantly between companies
Documents Required
- National ID card or passport
- Income proof (salary slip or employment certificate)
- Medical certificate (for high coverage amounts)
- House registration
- Beneficiary documents (ID card, house registration)
How to Buy Life Insurance at CheckDi
- Enter your age, gender, and coverage preferences
- Compare plans from 30+ leading insurers side by side
- Select a plan and complete your application online
- Receive your policy — 0% installment options available
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