Student Life Insurance
Student life insurance provides financial support to your children to accomplish their educational goals.
What you get!
- Financial assistance for children to achieve their educational goals
- Waiver of Premium*
- Tax savings plan
- Policy Term: 8 years – 19 years
- Premium Term: 5 years – 16 years
- Get started with 1,000,000 Kyats or up to 100,000,000 Kyats
- Insurable Age:
- Policyholder: 18 – 55 years old
- Insured: 1 year (30 days) – 12 years old
- Total Permanent Disability
- Cash payout for Children’s Education (25% of Sum Assured x 4)
- Waiver of premium*
*Wavier of premium means exemption of premium payment upon policyholder’s death/total permanent disability during premium term.
- Commits suicide within one year from policy issued date
- Have undisclosed pre-existing disease or illness
- Intentional self-harm within one year from policy issued date
- Abuse of narcotic drugs
- Involvement in a criminal case