Personal Accident Insurance provides financial protection and peace of mind in the event of an accident. It covers financial support for death, total and permanent disability, injury and hospitalization expenses caused by accident.
Eligibility | Any individual between 16 to 65 years of age is applicable to this personal accident product. The termination age will be 65 years old. For this product, we will follow the insured’s age next birthday. For those younger than 18 years old, the parents/guardian must be their policy holders. |
Coverage Term and Coverage Amount (Sum Assured)
| You can get coverage for 3 months, 6 months or 1 year, with a minimum assured amount of 500,000 MMK up to a maximum assured amount of 20,000,000 MMK. |
Key Benefits | Accidental Death This benefit will pay the beneficiary the total Sum Assured as a lump sum.
Total and Permanent Disability This benefit will pay the beneficiary the total Sum Assured as a lump sum.
Accidental Injuries Benefits as per doctor recommendations.
Accidental Hospitalization/Unable to work due to accident 3% of total coverage per week up to maximum 15% of Sum Assured. |
Any injury, death or permanent total disablement due to the following reasons, the Policyholder/Beneficiary is not entitled to the benefit:
For injuries, permanent total disablement and death, the registered doctor appointed by Company will proceed the Post-mortem Examination if it is required.
The benefit of permanent total disablement cannot be claimed together with other benefits.
21-Days Free Look Period: You have twenty-one (21) calendar days from the date of delivery of your policy to review in detail the features of this plan and its corresponding provisions. If within this period you feel that this plan does not satisfy your needs, you may cancel your policy. Simply complete and submit the free-look form within this period and we will refund you the total premium you have paid, less the cost of medical examination, if any.
Note: Please check here for claim guidelines.
