Short Term Endowment Life Insurance - Young Insurance Life

Insurable Persons

Anyone who has insurable interest in his or her own life
Parent who has insurable interest in the lives or his or her children
Husband who has an insurable interest in the life of his spouse and vice versa
From a 10 year old to a 60 year persons whose age is between 10 and 18 years can insure only through their parents or guardians.

Insured Period

The insured period option are 5 year, 7 year and 10 year.

Sum Insured

Choice of sum insured is from 1 million to 50 million kyats.

Premium Payment

Payable in installment’s “monthly” or “every three months” or “every six months” or “annually”.

Premium Rating

Age	Term
	5 year			7 years			10 years
	1 month	1 year	5 year	1 month	1 year	7 year	1 month	1 year	10 years
10-27	15,900	190,800	954,000	10,900	130,800	915,600	7,200	86,400	864,000
28-32	16,000	192,000	960,000	10,900	130,800	915,600	7,200	86,400	864,000
33-34	16,000	192,000	960,000	11,000	132,000	924,000	7,200	86,400	864,000
35-39	16,000	192,000	960,000	11,000	132,000	924,000	7,300	87,600	876,000
40	16,100	193,200	966,000	11,000	132,000	924,000	7,300	87,600	876,000
41-44	16,100	193,200	966,000	11,100	133,200	932,400	7,400	88,800	888,000
45-46	16,200	194,400	972,000	11,200	134,400	940,800	7,500	90,000	900,000
47	16,200	194,400	972,000	11,200	134,400	940,800	7,600	91,200	912,000
48	16,300	195,600	978,000	11,300	135,600	949,200	7,600	91,200	912,000
49	16,300	195,600	978,000	11,300	135,600	949,200	7,700	92,400	924,000
50	16,300	195,600	978,000	11,400	136,800	957,600	7,700	92,400	924,000
51	16,400	196,800	984,000	11,400	136,800	957,600	7,800	93,600	936,000
52	16,400	196,800	984,000	11,500	138,000	966,000	7,800	93,600	936,000
53	16,500	198,000	990,000	11,500	138,000	966,000	7,900	94,800	948,000
54	16,500	198,000	990,000	11,600	139,200	974,400	8,000	96,000	960,000
55	16,600	199,200	996,000	11,700	140,400	982,800	8,100	97,200	972,000
56	16,700	200,400	1,002,000	11,800	141,600	991,200
57	16,800	201,600	1,008,000	11,800	141,600	991,200
58	16,900	202,800	1,014,000	12,000	144,000	1,008,000
59	17,000	204,000	1,020,000
60	17,100	205,200	1,026,000

Benefits

A dedicated Grand Guardian team at your service.
Hassle-free application, premium payment and claim process.
Flexibility in premium contributions and policy terms.
Promote the habit of savings individually by effecting Life Insurance and provides sum maturity benefit at the end of the term of policy.
No tax shall be assessed on insurance indemnity.
The premiums paid for a Life insurance policy are allowed to be deducted from the assessable income.
No limitation to the choice of sum insured. The choice should be rational and dependent on the affordability of the premium in accordance with the policy holder.