Wing Money review

Wing Money sells life insurance, listed as its life. The cover is offered through the Robang Kapea and Raksmey Kapea plans, which differ on entry ages rather than on the type of cover. Each runs as a From USD 50 (KHR 200,000), 12-month term term policy.

The sum insured starts at From USD 50 (KHR 200,000), 12-month term, the entry point on the range given for the plans. The term is the same figure, so the policy renews at each cycle rather than running for life. Premiums are paid monthly on the monthly model.

Monthly payments are available, so the cost is spread through the year rather than settled in a single payment. The payment model is monthly, which means the same monthly schedule applies across the plans rather than a choice of billing periods.

Entry ages are given as 18-60 (Robang Kapea), 1-60 (Raksmey Kapea). Robang Kapea is open to adults, while Raksmey Kapea takes younger children as well, so parents can hold cover on the same product. The plans sit under the bank's own life line.

Claims can be started on phone, email and telegram, so a claim runs by phone, by email, over telegram or in person at a branch. The branch route matters for customers who bank with Wing Money and already visit a counter for other services.

Wing Money trades as Wing Bank (Cambodia) Plc, a Cambodian bank, and was founded in 2008. The life policy sits on the bank's own life range rather than a separate broker shelf, so the contract is with the bank you already bank with.

Customer support runs on phone, email and chat, so questions can go by phone, by email, through chat or via a help centre. That is separate from the claims routes at phone, email and telegram, which also include a branch and telegram for reporting a loss.

Wing Money lists life as its only insurance type, so the range is narrower than at Good Sam Insurance Agency or bonus.ch, which each cover several types. The trade-off is a single life policy sold straight from a Cambodian bank, with monthly premiums and a low entry sum insured.