To get the saving habit for the education of their children.
Types of Insurance
Two types of insurances,
- Basic Benefit Plan
- Double Benefit Plan
Benefits
Basic Benefit Plan
- Premium Waiver Benefits
- Education Benefits
- Paid up value Benefits
- Surrender Value Benefits
- Loan Benefits
Double Benefit Plan
- Death Benefits
- Total Permanent Disability
- Premium Waiver Benefits
- Education Benefits
- Paid up value Benefits
- Surrender Value Benefits
- Loan Benefits
Policy Term
- 9 Years (or) 11 Years (or) 14 Years
Medical Check-up
- The insurer needs to take medical check-up.
Stamp Fees
- Stamp Fees MMK 30 for Sum Insured Amount 100,000 MMK
Eligibility
- Age between (18) to (56) Years old
Sum Insured
- Minimum MMK (50) lakhs to Maximum MMK (1,000) lakhs
Premium Rating
- The premium amount is based on sum insured amount, policy term and benefit plan.
Premium Term
- The premium term will be (5) Years/ (7) Years/ (11) Years based on policy term
Premium Payment Method
- Monthly/ Quarterly/Bi-annually/ Yearly
