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Education Life Insurance

Education life insurance provides financial support to your children to accomplish their educational goals.

What You Get

  • Financial aid for academic study
  • Waiver of Premium*
  • Tax savings Plan

Key Features

  • Policy Term: 9 years, 11 years, 14 years (As you choose)
  • Premium Term: 5 years, 7 years, 10 years
  • Get started with 5,000,000 Kyats or up to 100,000,000 Kyats
  • Insurable Age: 18 – 56 years old

Benefits

Basic Benefits

  • Cash payout for Children’s Education (20% of Sum Assured x 5)
  • Waiver of premium*

Double Benefits

  • Death
  • Total Permanent Disability
  • Cash payout for Children’s Education (20% of Sum Assured x 5)
  • Waiver of premium*

*Waiver of premium means exemption of premium payment upon policyholder’s death/total permanent disability during premium term.

Exclusions

  • Death

The cause of death is due to:

  • Committing suicide within one year of policy term.

  • Undisclosed pre-existing illness or disease within one year of policy term.

  • Total Permanent Disability

The company will not liable if the causes of permanent disability are due to the following reasons:

  • Intentional self-harm

  • Suicide attempt

  • Abuse of narcotic drugs or uncertified medicine/ tablets

  • Involvement in a criminal case

  • Undisclosed pre-existing illness or disease

More Information

For enquiry, viewer can fill up the form by clicking on more information tab and it will be submitted to CB Life Insurance contact center. CB Life Insurance will follow existing platform under Contact Us tab. Subsequently, it will be diverted to related party to contact.