The company that manages the insurance is Advance Life Insurance Co., Ltd. (since December 1, 2020), which has now changed its name to Rabbit Life Insurance Co., Ltd. (since May 18, 2022). 

This insurance is covered by the university until the insured reaches the age of 60 (with the premiums stopping at that point) for university staff and security personnel. The benefits are as follows: 

• In case of death, a benefit of 50,000 baht will be paid. 

• If the insured reaches the age of 90, a benefit of 50,000 baht will be paid. 

No premium payments are required, as the university covers the premiums until the age of 60 (after which the premiums stop). 

You may choose to continue paying premiums or not. The company will send you a letter to inquire about your decision. 

1. If you wish to continue paying premiums, you can do so as per the policy rate. 
2. If you do not wish to continue paying premiums:  

• If premiums are not paid as specified in the policy, the policy will end. 

• If the university has paid premiums for 2 years or more, you can request a refund as per the details in your policy.