The partnership between Siam Commercial Bank (SCB) and The Mall Group continues to offer new financial experiences catering to customer needs in every segment. SCB Protect, an SCB subsidiary providing life and non-life insurance covering every lifestyle of the younger generation, is now ready to offer convenient access to insurance and boost the market in the last quarter with a "Get protection, free M Points, and tax deductions" promotional campaign. During the campaign, customers will be able to buy insurance policies at SCB M and SCB Protect booths at The Mall Group department stores. In addition to insurance policies and tax deductions, customers will receive 1,000 bonus M Points for every 1000 baht premium payment paid with an SCB M VISA credit card, up to 30,000 M Points per customer insurance policy, and 5,000,000 M Points throughout the promotion period from now until December 31, 2020.
In announcing the campaign, SCB Senior Executive Vice President and Chief Retail and Business Banking Officer Auraratana Jutimitta said, "Over the past two years SCB and The Mall Group have partnered to develop new financial products and services catering to customer experiences and lifestyles, including SCB M VISA credit and debit cards, SCB M Speedy Cash cards, SCB M VISA Prepaid card for locals, SCB M VISA Prepaid Tourist cards for tourists, SCB Service - banking agent, and SCB M Insurance services. SCB is now ready to cater to customers seeking insurance policies featuring tax reductions. Specifically, SCB Protect, an SCB subsidiary providing life and non-life insurance covering every lifestyle of the younger generation, is ready to offer convenient access to insurance at SCB M and SCB Protect booths at The Mall Group department stores. A key goal of SCB's partnership with The Mall Group is to offer seamless shopping experiences and the right financial solutions for every customer segment, including the younger generation.
Voralak Tulaphorn, Chief Marketing Officer of The Mall Group Co., Ltd. said, "We are confident that our partnership with SCB Protect will offer added convenience for our customers by offering a seamless shopping option for insurance products at The Mall Group department stores. Special offers for this festive season and tax reductions for M Card members buying insurance policies at SCB M and SCB Protect booths at The Mall Group department stores are 1,000 bonus M Points for every 1,000 baht in premiums paid, up to 30,000 M Points/customer/insurance policy, and 5,000,000 M Points throughout the promotion period, and paid insurance premiums are valid for tax reductions. To receive the offer, customers need to register via SMS by typing: INS (space) name (space) last name (space) application form or insurance policy number (space) the amount of the first premium payment, and send it to 4545333. The promotion period is from November 15 - December 31, 2020. Customers holding an SCB M VISA credit or debit card or an SCB M VISA Prepaid card also receive 1 M Point for every 25 baht spent as per their usual card benefits.
SCB Senior Executive Vice President and Chief Insurance Business Officer & Chief Executive Officer, SCB Protect Co., Ltd Poramasiri Manolamai also noted that, "The Mall Group has a potential customer base, while SCB Protect has a goal of offering value protection via our protection consultants to recommend suitable insurance plans to a wide range of people. Through this partnership, SCB Protect booths are available at The Mall Group's five department store locations at Ngamwongwan, Bang Kapi, Bang Khae, Tha Phra, and Korat. At the booths, our protection consultants are happy to recommend suitable insurance plans for shoppers. We will further roll out our SCB Protect booths to The Mall Ramkhamhaeng, The Emporuim, The EmQuartier, and Siam Paragon to cover all the department stores under The Mall Group."
"The last quarter is the season for tax reduction preparation. SCB Protect offers a wide range of insurance products catering to customer needs, be it savings insurance, life insurance, retirement insurance, or health insurance. SCB Protect insurance products are valid for tax reductions and recommended for salaried people. As a year-end promotion, SCB Protect, SCB, and The Mall Group offer special promotions at SCB Protect booths at The Mall Group department stores, including gift vouchers worth up to 10,000 baht when buying SCB Protect insurance products meeting the promotion terms and conditions. We hope that this partnership between SCB Protect and The Mall Group will give people more access to insurance."