Smart Savings 5/2 Life Insurance

Smart Savings 5/2 Life Insurance

Smart savings 5/2 Life Insurance aims to provide financial security and better saving habits.

What You Get
  • Financial security
  • Good savings habit
  • Tax Deduction
  • Annual cash back (Coupon)
Key Features
  • Policy Term: 5 years
  • Premium Term: 2 years (from policy commencement date)
  •  Sum Insured of 3,000,000 Kyats - USD$ 15,000 (equivalent to Myanmar Currency)
    • Eg: $ 1 USD = 1,450 Kyats (Exchange rate can fluctuate every day)
    • $ 15,000 USD = 21,750,000 Kyats
  • Insurable Age: 5 – 65 years old
    • The applicant between 5 to 18 years old will require guardianship
  • No Medical Check-Up (GIO)
Benefits
  • Annual cash back (Coupon)
  • Maturity
  • Death & Accidental Death Benefit

More Information

For more enquiry, please inquire on Contact Us or our Contact Center at 01-2317770.

FAQs
How will I receive the coupon every year?

The coupon will be automatically transferred to your provided bank account every year.

If the bank’s interest rate decreases, will the coupon be affected?

No, the coupon will remain unchanged until the policy is matured as a Guaranteed Return.

If I get hospitalized due to injury, can I claim from this insurance?

No, Smart Savings 5/2 covers only for the event of a Death. 

Will death due to heart attack be covered?

Yes.