Public Term Life Insurance
Public term life insurance has the purpose to provide coverage for remaining family members when breadwinner dies becomes permanently disabled or gets injured.
What You Get
• Financial assistance for dependents
• Funeral cost for death of insured
• Educational support
• Medical treatment & nursery costs
Key Features
• Policy Term: 1 year
• Get started with 100,000 Kyats or up to 20,000,000 Kyats
• Insurable Age: 18 – 75 years old
Benefits
• Death
• Total Permanent Disability
• Injury
Exclusions
Death
• Commit suicide
• Intentional self-harm by policyholder
• Commit crime, violate the law
• Intentional self-harm by beneficiary
• Abuse of narcotic drug
• AIDS/HIV
• War, destruction, riot, similar circumstances
• Undisclosed pre-existing diseases
Total permanent disability
• Intentional self-harm by policyholder
• Intentional self-harm by insured
• Commit crime, violate the law
• Attempt to suicide
• Abuse of narcotic drug
• AIDS/HIV
• War, destruction, riot, similar circumstances
• Undisclosed pre-existing diseases
Injury
• Intentional self-harm by policyholder (or) recklessness
• Intentional self-harm by insured
• Commit crime, violate the law
• Attempt to suicide
• Abuse of narcotic drug
• AIDS/HIV
• War, destruction, riot, similar circumstances
• Undisclosed pre-existing diseases