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SMART SAVINGS LIFE INSURANCE
It is a type of insurance that covers the financial loss caused by the insured's death. The purpose is to ensure that the benefits of the collection are well-deserved at the end of the year. Intended for middle- and upper-income Myanmar people, including locals and foreigners.
Insurable Persons
The insured must be between 5 and 65 years old at the time of insurance.
Children between the ages of 5 and 18 must be placed by a parent or guardian.
Insured Period
The warranty period is 5 years from the date of insurance.
Coverage
Death from disease; Death Benefit for Accidental Death
Survival benefits.
Benefit of two seeds.
Sum Insured
From 30 lakhs kyats up to a maximum of 15,000 US dollars. (No medical check required.)
Premium rate
The premium rate is calculated based on the age of the insured and the sum insured.
The premium is paid once a month. Once every 3 months Once every 6 months You can pay once a year.
Premium payment for accidental death benefits
The premium for Accidental Death Benefit (ADB) Rider is to be paid only once a year. The premium rate is calculated based on the age of the insured and the sum insured.
Benefits
- Survival Benefit
- Maturity Benefit
- Death Benefit and Accidental Death Benefit Rider
- Withdrawal (Surrender Value)
- Reduced Paid Up Policy
- Policy Loan
Premium rate to be paid once every year for the insurance amount of 30 lakhs (The insured period is 5 years and the premium is paid for 2 years)
| Age | Once a year | Once every 6 Months | Once every 3 Months | Once a Month |
| 5~65 | 2,835,000 | 1,445,850 | 737,100 | 245,700 |
Accidental death premium
| For 3 million kyats (Kyats) | |
| Once a year | 6,000 |
| Once every 6 Months | 3,060 |
| Once every 3 Months | 1,560 |
| Once a Month | 519.9 |