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Life Insurance is a mutual agreement between insurer (company) and insured (customer). If the insured dies or at the end of term, the insurer pays back the lump sum as the financial providing instrument. The insured also needs to pay the premium for these providing services.
Citizen Business Insurance Public Company Limited has provided life and health insurance products to customers at major cities & micro-insurance products to the rural population through Co-operative societies since being established in 2012.
Citizen Business Insurance Public Company Limited has signed up a partnership deal with Thai Life Insurance Plc.,the second largest life insurer in Thailand and officially formed the “CB Life Insurance Company Limited” on the 28th of November 2019.
Read More It will enhance a sustainable life insurance partnership that will benefit Myanmar society and drive the economic growth.
It is now widely acknowledged that the second wave of COVID-19 in Myanmar become serious and the number of positive patients have been increasing a lot starting from the middle of August.
To express our caring to the customers during the midst of this Pandemic, CB Life is delighted to give COVID-19 extra benefits fund (100M [...]
Prevention of financial losses upon occurring of accidental death, total permanent disability due to accident and losses of limbs or severe injuries due to accident.
Policy Term – 30 days or 3 months or 1 year
Premium rate – 199 kyats to 9,999 kyats
Sum Assured – 200,000 Kyats or 500,000 [...]