Short Term Endowment Life Insurance
Short Term Endowment life insurance aims to provide financial assistance in case of unanticipated events as well as to save a predetermined amount of money after a certain period.
What You Get
• Financial security
• Good savings habit
• Tax savings plan
Key Features
• Policy Term: 5 years, 7 years, 10 years (As you choose)
• Premium Term: 5 years, 7 years, 10 years
• Get started with 1,000,000 Kyats or up to 50,000,000 Kyats
• Insurable Age: 10 – 60 years old
Benefits
• Death
• Maturity
• Total Permanent Disability
Exclusions
Death
• Due to voluntarily committing suicide within one year of policy term.
• Due to undisclosed pre-existing illness or disease within one year of policy term.
Total Permanent Disability
• Intentional self-harm
• Suicide attempt
• Abuse of narcotic drugs
• Take illegal medicine/tablets
• Involvement in a criminal case.
• Undisclosed pre-existing illness or disease