Free Covid-19 Protection

COVID-19 Free Insurance Coverage by Prudential Myanmar Life Insurance

Campaign Period is from 11th April to 11th October 2020

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* Applicable to ALL customers (both individual and corporate customers), including both existing and new customers

*The period of the COVID-19 free insurance coverage is 90 days from the issue date of the policy or the start date of the campaign, whichever is later.

Note: There will be a “waiting period” of 14 days that will apply only for new customers (i.e. customers who are onboarded after 11th April 2020).

Illustrative Example 1 (Existing Customer)

U Aung bought a PRUTerm policy of Sum Assured 3 million MMK on 2nd April.

Free COVID-19 benefits:

  • Diagnosis Benefits: MMK 300,000 (10% of 3 mil)

  • Additional Death Benefit: MMK 3,000,000 (equal to policy sum assured)

 

Illustrative Example 2 (New Customer)

Daw Mya bought a PRUTerm policy of Sum Assured 5 million MMK on 1st June.

Free COVID-19 benefits:

  • Diagnosis Benefits: MMK 500,000 (10% of 5 mil)
  • Additional Death Benefit: MMK 5,000,000 (equal to policy sum assured)