Student Life Insurance
What will happen if something happens to me after buying the policy for 1 year?
- No one else needs to pay for the premium anymore.
- Also, the education fees will be given out to your child for 4 consecutive years when the policy date is entitled.
Why the Education Fees are not giving out at 1 time?
Because this Student Life product is aiming for University Student that’s why it’s given out 4 consecutive years instead of 1 time only.
For example,
For example,
| The Sum Insured is | - | 80,000,000 ks |
| The child (Insured Age) is | - | 9 years |
| Policy Term is | - | 11 years |
| Premium Term is | - | 8 years |
| Education benefit | - | 20,000,000 Kyats (25 % of SI) when insured turns 17 years old |
| - | 20,000,000 Kyats (25 % of SI) when insured turns 18 years old | |
| - | 20,000,000 Kyats (25 % of SI) when insured turns 19 years old | |
| - | 20,000,000 Kyats (25 % of SI) when insured turns 20 years old |