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Smart Legacy 5/5

Smart Legacy 5/5 life insurance aims to adopt wise financial management in addition to having insurance coverage for Myanmar citizens and foreign expatriates.

What you get!

• Financial Security
• Good Saving Habits
• Tax Savings Plan
• Peace of Mind
• Good Return on the Saving

Key Features

• Guaranteed Issue Offer (GIO)
• Policy Term: 5 years
• Premium Term: 5 years (from policy commencement date)
• Get started with Initial Sum Assured of 2,500,000 Kyats or up to $ 15,000 (USD) equivalent to Myanmar currency
Eg: $1 USD = 2,000 Kyats (Exchange rate can fluctuate daily)
$15,000 USD = 30,000,000 Kyats
• Insurable Age: 5 – 65 years old
(The applicant between 5 to 18 years old will require guardianship)
• Non-medical requirement


• Maturity Benefit of 555% of Initial Sum Assured (113.7% of Total Premium Paid)
• Death & Accidental Death Benefit (ADB)
(If the policyholder/ insured dies due to an accident during policy term, the beneficiary would receive up to 700% of initial sum assured which will be adjusted with paid premium)


If the insured dies due to the following occurrences the beneficiary cannot receive the policy benefit. CB Life will return all premiums paid to the beneficiary.
• Suicide, or attempted suicide;
• Intentional self-harm committed by the policyholder;
• While the Insured is committing a felony, or is being arrested, under arrest or escaping the arrest;
• Using narcotics, tobacco, alcohol, or psychoactive substances;
• War, invasion, baleful act of foreign enemies, warlike operations (whether war is declared or not), civil war, uprisings, insurrection, riots, revolution, proclamations of martial law, or any events which lead to the proclamation or maintenance of martial law;
• Cases of murder, or deaths connected to murder.