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Keeping you protected

at all times

Free COVID-19 protection

We’re in the fight against the COVID-19 outbreak together. And, we know it’s important to keep you protected from the unpredictable consequences the outbreak causes.

The free COVID19 benefits are available to PMLI clients until 30 September 2021 or 90 days from date of policy issuance, whichever comes first.

Product details

Features and benefits

Policy Term

9 Years, 11 Years and 14 Years

Insurance Terms

5 Years, 7 Years and 10 Years

 

 

Eligible Age

18 – 56 years old (Age Next Birthday)

 

Minimum Sum Assured

5,000,000 MMK

Maximum Sum Assured

100,000,000 MMK

Basic Benefit Plan

  1. Premium Waiver

  2. Education Benefit

Double Benefit Plan

  1. Death Benefit

  2. Total and Permanent Disability (TPD) Benefit

  3. Premium Waiver

  4. Education Benefit

Important notes

  • The Terms and Conditions stated in this brochure are non-exhaustive. For more details, kindly refer to the Policy Contract.

  • Should the policyholder surrender the policy during policy term, the surrender values shall be paid to the policyholder in accordance with the surrender Value Schedule. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involes a high costs and the Surrender Value, if any, that is payable to you may be less than the total premiums paid.

  • You should satisfy yourself that this policy will best serve your need and the premium payable under the policy is an amount that you can afford before making a decision.

  • There are certain conditions, whereby no benefits will be payable. These are stated as exclusions in the Policy Contract. Please refer to the exact terms and conditions, specific details and exclusions applicable to these insurance products in the Insurance Contract that can be obtained from your Prudential Advisor.

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