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COVID-19 Free Coverage

FREE COVID-19 Coverage Benefits for you.

As we understand the current COVID-19 situation, we are here to help you with the "FREE COVID-19 Coverage". This will help you claim ICU hospitalization and a lump sum amount for your loved ones from any untoward incidents due to COVID-19. Learn more about the detailed benefits below or call us at 09770110010. We are in this together, and let's live healthier together.

We are pleased to announce that our on going Free COVID 19 Policy is extended until 31 March 2023 (the 'Campaign Period'), if you have become a Life Insured of any group and individual Prudential Myanmar Life Insurance Plans, you will be provided with the following benefits without any additional charge. Those who became customers before the campaign period and have an in-force policy with Prudential Myanmar Life Insurance Plans shall enjoy the benefits of this campaign as well.

 

Who are eligible for this "FREE COVID-19 Coverage" benefits?

 

The following policyholders are entitled to Prudential Myanmar's "FREE COVID-19 Coverage" benefits.

For more detail, please download respective documents to refer.

 

 

No.

Eligible Policyholders

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1

All individual policyholders with in-force/existing policy with PMLI on 1 Jan 2023 (or as of sending date). Original policy issued date is in 2021 or eariler.

Download Terms & Conditions

2

All newly issued policies (Group and Individual) and renewing Group policies between 1 January 2023 to 31 March 2023.

Download Terms & Conditions

 

 

" Benefit Table " 

 

Eligibility Coverage Period Benefits
Individual Policies ·        Existing/In-force
(refer to Annexure 1)
From 1 Jan 2023 until policy expiry date or 31 December 2023 whichever comes first

 

 

1.   ICU Benefit
Lower of
·        100% of the Existing Sum Insured as at the date of diagnosis; or
·        10,000,000 MMK


2.   Death Benefit
Lower of
·        100% of the Existing Sum Insured as at the date of diagnosis; or
·        15,000,000 MMK

·        Newly Issued during campaign period
(refer to Annexure 2)
One (1) year from policy issue date
Group Policies ·        Existing/In-force
(refer to Annexure 2)
One (1) year from renewal date
·        Newly Issued during campaign period
(refer to Annexure 2)
One (1) year from policy issue date

Benefits at a Glance for "FREE COVID-19 Coverage"

  • The ICU Benefit and Death payout Benefit can only be paid once per Life Insured.
  • If the Life Insured is covered under multiple FREE COVID-19 policies, only one ICU Benefit and/or Death payout Benefit will be payable, with the amount(s) payable being based on the highest Existing Sum Insured.
  • Applications for the ICU Benefit or Death payout Benefit must be submitted to Prudential Myanmar within four months of the COVID-19 diagnosis.
  • The ICU Benefit and/or Death payout Benefit will be paid to the Existing Beneficiary.

 

 

Other Provisions

  1. This Policy is provided free of charge and provides no cash value.
  2. This Policy is null and void if the Life Insured has Suspected Symptoms, Probable Diagnosis and/or Confirmed Diagnosis during the first 14 days after the Commencement Date.
  3. This Policy shall be governed by and construed in accordance with the laws of the Republic of the Union of Myanmar. You and We agree to be subject to the exclusive jurisdiction of the Republic of the Union of Myanmar courts.
  4. This Policy shall be executed in English and Myanmar language versions. However, in the event of any inconsistency, the Myanmar language version shall prevail.
  5. Please refer to prudential.com.mm for the latest updates and access our privacy policy.