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Education Life Insurance

  • Having saving type short term endowment life insurance for the education of the students
  • Giving cover for the beneficiary students without terminating their education after the insured suffer from death/ total permanent disability
Insurable age 18 to 56 years old
Minimum Sum Insured 5,000,000 Kyats for a year
Maximum Sum Insured 100,000,000 kyats
Policy period 9/11/14 years
Premium period 5/7/10 years
Premium Payment monthly, quarterly, semi-annually, annually

 

Core Benefits

  • Death Benefit – Receive 100% of the sum insured when the insured who purchase double benefit plan suffer from death
  • Permanent Total Disability Benefit – Receive 100% of the sum insured, should the insured party who purchase double benefit plan suffer from permanent total disability (PTD) during the policy period
  • Premium Waiver Benefit – Receive education benefits though the insured suffer from death or permanent total disability (PTD) without making full premium payment during the policy period.
  • Education Benefit – Receive 20% of the sum insured when the premium payment period is over and get education benefits.
  • Paid-up Policy – A policy holder can close the sustainable policy without making continuous premium payment.
  • Surrender Value – Receive whole surrender value should the insured want to end the policy and couldn’t make continuous premium payment.
  • Policy Loan – Receive 90 % of total surrender value from the purchased policy.

All Products

Government Personnel (Short Term) Endowment Life Assurance

Government Personnel Life Assurance

Army Personnel Life Assurance

Public Life Assurance

Short Term Endowment Life Insurance

Education Life Insurance

Student Life Insurance

Shore Job Life Insurance

Seamen Life Insurance

Seamen Life Insurance (Plan)

Local Seamen Life Insurance

Farmers’ Life Insurance

Snake Bite Life Insurance

Group Life Insurance

Public Term Life Insurance

Sportsmen Life Insurance

Health Insurance including Covid-19 Cover

Critical Illness Insurance

Micro Health Insurance

Single Premium Credit Life Insurance

Short Term Single Premium Credit Life Insurance

Single Premium Endowment

Smart Saving 5/2 Life Insurance

Third Party Liability Insurance

Inbound Travel Insurance For USD

Fire & Allied Perils Insurance

Burglary Insurance

Fidelity Insurance

Cash-in-Safe Insurance

Cash-in-transit Insurance

Personal Accident & Disease Insurance

Personal Accident Insurance

Workmen's Compensation Insurance

General Third Party / Public / Commercial General Liability Insurance

Contractor’s Plant and Machinery Insurance

Deposit Insurance

Marine Cargo Insurance

Marine Hull & Machinery Insurance

Aviation Hull Insurance

Aviation Liability Insurance

Travel Insurance

Ship Owner and Ship Operator's Liability Insurance

Kyar Fishing Barge Owner’s Liability Insurance

Oil & Gas Insurance

Comprehensive Motor Insurance

Credit Guarantee Insurance

Contractors’ All Risks Insurance

Erection All Risks Insurance

Electronic Equipment Insurance

Miners’ Liability Insurance

Reinsurance

Machinery Insurance

Contact Phone Number

Admin Department

379088, 384865, 252372, 246902

Life Insurance Department

384881, 384876, 386919

Account Department

384870, 384868

Duty Room

379188

Fire, Engineering and Miscellaneous Insurance Department

251764, 384874, 384867

Marine, Aviation & Travelling Insurance Department

251761

Third-Party Liability Insurance Department

384864, 384873