PERSONAL ACCIDENT INSURANCE
Personal Accident Insurance means if there is something causes dead, disable and injuries because of unexpected damages, it is a type of insurance helping with money to be convenient for your valuable families.
- Age between 16 to 65
- Youngest between ages from 16 to 18 years can be insured only through their parents or guardians.
- Myanmar citizens, Foreigners visiting or residing in Myanmar for various reasons. There must be at least 5 members in a group.
- From the date of premium payment to 3 months, 6months or one year.
- Minimum k 500,000 to maximum k 20 Millions
- Minimum US$1000 to maximum US$200,000
- Premium must be paid in lump sum
- Only 0.7% of the insured value (If the occupation of the insured is hazardous premium rate shall be 1% of the insured value)
CoverageThe coverage are
- Unfit for work
- Permanent disability
- Loss of life due to accident
- Injury , Hospitalization, unfit for work, permanent disability or Loss of life due to accident
- Maximum benefit for a policy is the total insured amount
- The benefit for disability shall not be enjoyed together with other benefit.
- International self-injury/disability or suicide
- Injury, disability or death due to drug abuse or result of drug abuse.
- Loss of life or disability due to illness
- War and allied perils
- Injury , or death caused by criminal act of the policyholder
- Injury, disability or death cause by the act or attempt of the third party or resulting from this act or attempt.