One-year life insurance plan

One Year Life Insurance Protection Plan PRUTerm

PRUTerm is a one-year life insurance plan that provides protection against financial loss should death, total and permanent disability or accident happen. It helps secure your loved ones' future with financial protection at an affordable cost and provide financial security and peace of mind in case of unexpected events. Protect your loved one’s financial future with the PRUTerm life insurance plan.

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.

 

Easy enrolment process

No medical examination required. You could start today.

Free COVID-19 Protection

Terms and conditions apply.
Learn More

Product details

Features and benefits

 

Payment Term

One-off premium

Coverage Term

1 year

Issue Age

16 – 60 years old (Age Last Birthday)

16 to 17 years old are juvenile. Thus, parents are considered as policyholder.

Minimum Sum Assured

100,000 MMK

Maximum Sum Assured

5,000,000 MMK

Benefits

  1. Death Benefit

  2. Total and Permanent Disability (TPD) Benefit

  3. Accidental Injury Benefit

  4. Hospitalization due to Accident Benefit

Important notes

  • This product summary is for illustrative purposes only. You are advised to refer to Prudential’s Brochure and quotation before purchasing the plan, and to refer to the terms and conditions in the policy document for details of the important features of the plan.

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

  • Should you cancel the policy during policy term, no premium will be refunded and the coverage will continue until end of policy term.

Would like to hear what others think?

“Although I didn’t have much awareness about life insurance services, Thet Hein explained about life insurance and the PRUTerm benefits to me in detail.” - Myat Noe Thwin, Junior Camera Operator

“First of all, Prudential is a renowned brand with a long successful history in the life insurance business. The quality of services that they have provided to us is professional and efficient.

In terms of our company, it is mandatory for our employees to have life insurance policy. The group life policy insured by PMLI has provided our employees with financial security but more importantly the Covid-19 coverage benefits have provided our employees a sense of confidence in our day to day work during these difficult times.

Thank you for your excellent service.”

Myat Noe Thwin, Junior Camera Operator
MCI Advertising Agency

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