Key Features of This Plan
Bangkok Life Happy Pension (Par) offers flexible coverage
4 plans to choose from
Pick the plan that fits your budget and needs
From ฿4,700/year
Real starting premium for the plan you pick
OIC regulated
The insurer is licensed and supervised by the Office of Insurance Commission
Tax deductible
Premiums qualify for a personal income tax deduction
Apply in minutes
Apply through CheckDi in 5 minutes and get the policy by email
Expert Review
CheckDi Editorial
Health insurance analysis team · Compared 200+ plans from 30+ insurers
After comparing 200+ health plans in the market, Bangkok Life Happy Pension (Par) stands out for its comprehensive coverage with 4 plan levels, affordable starting premium, actual-cost IPD and ICU, and cashless hospital network.
✅ Why CheckDi Recommends
- Comprehensive coverage, no per-visit limit
- Nationwide hospital network, cashless
- Starting premium below market average
⚠️ Things to Know Before Deciding
- Declare your health and occupation truthfully — missing details can affect a claim
- OPD may require add-on purchase
- Read policy details before deciding
Who Is This For
Bangkok Life Happy Pension (Par) is designed for multiple lifestyles
Office Workers / Freelancers
No company benefits or insufficient coverage
Families
Want peace of mind that medical costs won't impact savings
Frequent Travelers
Need coverage both domestic and international
Young Professionals Starting to Plan
Low premiums at young age, upgrade as income grows
Coverage Comparison
Compare plans from Bangkok Life Happy Pension (Par) to find the best fit
| Coverage | to-60 | 10 | 5 | Single |
|---|---|---|---|---|
| Main Coverage | ||||
| Pay Premium Until Age | 60 | - | - | - |
| Coverage Until Age | 99 | 99 | 99 | 99 |
| Death before the pension starts | 110% of premiums paid or the surrender value, whichever is higher | 110% of premiums paid or the surrender value, whichever is higher | 110% of premiums paid or the surrender value, whichever is higher | 110% of premiums paid or the surrender value, whichever is higher |
| Death during the pension years | Premiums paid back, less pension already received (plus the dividend at age 59 less Extra Annuity received (if any) · nothing is paid once pension received exceeds premiums paid) | Premiums paid back, less pension already received (plus the dividend at age 59 less Extra Annuity received (if any) · nothing is paid once pension received exceeds premiums paid) | Premiums paid back, less pension already received (plus the dividend at age 59 less Extra Annuity received (if any) · nothing is paid once pension received exceeds premiums paid) | Premiums paid back, less pension already received (plus the dividend at age 59 less Extra Annuity received (if any) · nothing is paid once pension received exceeds premiums paid) |
| Pension Start Age | 60 | 60 | 60 | 60 |
| Pension End Age | 99 | 99 | 99 | 99 |
| Annual Annuity Rate (% of SA) | 20 | 20 | 20 | 0.01 |
| Premium Payment Term (Years) | - | 10 | 5 | 1 |
| Annual Pension / Annuity Income | - | - | Per policy conditions | - |
| Starting Premium | ≈ 4,700* /yr | ≈ 11,733* /yr | ≈ 23,007* /yr | ≈ 31,800* /yr |
* Starting price for the lowest-risk profile. Actual price varies by age, gender, and insurer conditions.
Comparison: Private Health Insurance vs Social Security
Why is comprehensive health insurance essential, even with social security?
| Social Security | Bangkok Life Happy Pension (Par) | |
|---|---|---|
| Coverage Amount | Per entitlement (limited) | Up to 30M THB/year |
| Choose Hospital | ❌ Must use assigned hospital | ✅ Choose from 1,000+ |
| Private Room | ❌ Shared ward | ✅ Private room available |
| Advance Payment | Not needed (but limited hospitals) | ✅ Cashless at network hospitals |
| Outpatient (OPD) | ✅ Per entitlement | ✅ Add-on available |
| Critical Illness | Limited by criteria | ✅ Pay as actual |
| Tax Deduction | ❌ | ✅ Up to 100,000 THB |
Compare with other insurers
Similar plans from other insurers (prices for age 30)
Terms & Conditions
Claims Process
The beneficiary files the claim with the insurer
Policy by email
Once approved, your policy arrives by email. Tell your beneficiary where it is kept.
Notify the insurer
When a claim arises the beneficiary notifies the insurer, or tells CheckDi and we help coordinate.
Submit documents
Submit the policy, death certificate, ID copies of the insured and the beneficiary, and anything else the insurer asks for.
Benefit paid
The insurer reviews and transfers the benefit to the beneficiary. For medical riders, use the medical card at the hospital as usual.
Free help choosing a plan - and when you need to claim, the CheckDi team works with the insurer for you.
Frequently Asked Questions
About กรุงเทพประกันชีวิต
กรุงเทพประกันชีวิต
กรุงเทพประกันชีวิต is a leading insurer in Thailand offering comprehensive health and non-life insurance products.
Legal & Consumer Protection
OIC Regulated
This plan is approved by the Office of Insurance Commission (OIC). Policyholders are protected by law.
File Complaint with OIC
If you have issues with claims or service, call OIC hotline 1186 or visit oic.or.th
CheckDi is a Licensed Non-Life Insurance Broker
CheckDi Co., Ltd. acts as an intermediary to compare and present insurance plans from leading insurers.
