Thai Credit Bank Public Company Limited (SET: CREDIT) is advancing its efforts to elevate the care for credit customers and micro-entrepreneurs through a strategic partnership with Thai Health Insurance Public Company Limited and Thai Paiboon Insurance Public Company Limited . Together, they have developed insurance products that cover health, accident, income, and asset risks, alongside credit facilities designed to support working capital, liquidity enhancement, and business expansion. This initiative aims to bolster financial stability, enabling businesses to comprehensively handle unexpected events across a range of dimensions.
Regarding health coverage, Thai Health Insurance Public Company Limited offers insurance products that cover up to 6 critical illnesses along with personal accident protection within a single policy, as well as hospital income benefit insurance and cancer insurance. These products are designed to help alleviate financial burdens and reduce the impact of income loss during periods when customers are unable to work as usual.
Meanwhile, Thai Paiboon Insurance Public Company Limited provides fire and flood insurance to cover damage to shops, business establishments, assets, and essential equipment required for generating income, thereby reducing the burden of business recovery in the event of damage. It also features ” Thai Paiboon iService,” is introduced to deliver a self-service experience, allowing entrepreneurs and merchants to access policy details, review coverage, and manage insurance transactions independently 24 hours a day.
This collaboration with the two partner companies marks a significant milestone in comprehensively safeguarding the lives and assets of merchants while facilitating their access to services. This shifts the focus from “Creating opportunities to access capital” toward “Building stability for life and business“. Having suitable protection serves as another reliable risk management tool.
In 2027, the bank plans to partner with additional leading insurance companies and expand its lineup of insurance products to offer broader coverage choices tailored to merchants’ needs. This reinforces Thai Credit Bank’s role as “A bank committed to driving the country’s grass-roots economy,” creating financial opportunities while standing alongside customers to foster sustainable stability in finance, business operations, and quality of life under the philosophy “Everyone Matters“.
Important Information on Insurance Product Offerings
Thai Credit Bank Public Company Limited acts as a non-life insurance broker, acting solely to introduce and arrange insurance for insurance applicants, presenting these insurance products so that merchants and applicants can select coverage suited to their needs and budget.
Thai Paiboon Insurance Public Company Limited and Thai Health Insurance Public Company Limited are responsible for underwriting and approving policies in accordance with their respective criteria and conditions. Terms, coverage, and benefits are subject to the conditions specified in the insurance policy. The information presented above is preliminary; buyers should thoroughly understand the coverage details and conditions prior to making a purchase decision.
For further information or advice on insurance products for merchants:
Please visit any Thai Credit Bank branch, view details on the website at www.thaicreditbank.com, or contact the Call Center at Tel. 02-697-5454.
