FAQ

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Education Life Insurance

  • No one else needs to pay for the premium anymore and the Death Benefit will be given out if you are covered with Double Benefit
  • Also, the education fees will be given out to your child for 5 consecutive years when the policy date is entitled.

Because this Student Life product is aiming for University Student that’s why it’s given out 5 consecutive years instead of 1 time only.

For example, the Sum Insured is 5,000,000 ks

Policy Term is 11 years

Premium Term is 7 years

Education benefit     = 1,000,000 Kyats (20 % of SI) in 7th year of policy term (end of premium term)

= 1,000,000 Kyats (20 % of SI) in 8th year of policy term

= 1,000,000 Kyats (20 % of SI) in 9th year of policy term

= 1,000,000 Kyats (20 % of SI) in 10th year of policy term

= 1,000,000 Kyats (20 % of SI) in 11th year of policy term