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Short Term Endowment Life Insurance

Insurable age 10 to 60 years old
Minimum Sum Insured 1,000,000 kyats
Maximum Sum Insured 50,000,000 kyats
Policy Period 5 years, 7 years and 10 years
  • Those whose age is from 56 to 58 can choose 7 years of policy period and those whose age is from 59 to 60 can choose 5 years of policy period.
  • The insured needs to submit recommendation of medical check-up, physical examination and assessment, laboratory analysis, radiology tests and other clinical assessments.
  • Myanma Insurance will bear the medical check-up fees only after the policy has commenced.
  • If the sum insured is over 5,000,000 KYATS and under 20,000,000 KYATS, Myanma Insurance will bear medical check-up fees (for male – 35,000 KYATS and for female – 50,000 KYATS). If the sum insured is over 20,000,000 KYATS, Myanma Insurance will bear 50000 KYATS for Male and 75000 KYATS for female.
  • The insured can pay the premium monthly, quarterly, semi-annually, annually

 

Core Benefits

  • Maturity Benefit Payout – Receive the full value of the sum insured in one lump sum upon policy maturity.
  • Low Premiums – Start from as low as 7,200KYATS per month [1].
  • Flexible Options – Enjoy additional options on the policy, such as surrender, policy loan or paid up option.
  • Death Benefit – Receive 100% of the sum insured in one lump sum, should the insured party suffer Death or Total Permanent Disability.
    [1] Sample rate based on an average 23 year old seeking 1,000,000 KYATS sum insured over a 10 year policy term.

All Products

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Army Personnel Life Assurance

Public Life Assurance

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Shore Job Life Insurance

Seamen Life Insurance

Seamen Life Insurance (Plan)

Local Seamen Life Insurance

Farmers’ Life Insurance

Snake Bite Life Insurance

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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 Accident Insurance

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

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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