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STUDENT LIFE INSURANCE
Student Life Insurance ensures your children to achieve their educational goals.
Who can buy insurance?
- The insurance policy must be purchased using the name of one parent or a legal guardian between the ages of 18 - 55 years.
Insured Persons
- Student Life Insurance can be provided to a son or daughter between the ages of 1 - 12 years. In a policy, only one son or daughter is insured.
Insured Period
- The insurance term is 8 - 19 years, with a premium running 5 - 16 years.
Sum Insured
- You can insured at least 10 lakh to 1,000 lakh kyats.
Premium Rate
- PREMIUM RATE : MIN MMK 1 MILLION PER MONTH ~ MAX MMK 100 MILLION PER MONTH
Premium Payment
- As an alternative to monthly installments, payments can be made on a quarterly basis, twice per year, or annually in a lump sum.
Benefits
Insurers and their children can enjoy the following benefits :- Scholarship benefits
- Death benefit
- Permanent disability benefits
- Premium exemption