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How much does an insured person receive from death benefit ?

benefit death insured person
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How much does an insured person receive from death benefit ?

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The person who arranged the funeral will receive funeral grant 30,000 baht plus grant fund for survivors as the following conditions : – If the deceased insured person has paid contributions for more than 36 months, the grant fund shall be equal to the rate of 50% monthly wages multiply by 3 (equal to 1 and half times of monthly wage). – If the deceased person has paid contributions for more than 10 years, the amount of grant fund shall be equal to 50% of monthly wage multiply by 10 (equal to 5 times of monthly wage).

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