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What is Flexi Life Insurance?

Flexi Life insurance is a type of insurance that allows you to easily resolve urgent financial needs for unexpected events without affecting your future savings. If you need survival benefits, you can withdraw them or continue saving to earn interest, and you can choose the way you want your savings to grow.

If death occurs within the insurance period, the benefits will be provided in a lump sum. If the insurance policy remains in force till the policy term ends, maturity benefits can be obtained.

Insured Person Age
Insured Person Age

From the age of (30) days to (70) years old.

Policy Term
Policy Term

(5) Years, (10) Years, (15) Years.

Sum Insured Amount
Sum Insured Amount

At least (1) million kyats.

Payment Mode
Payment Mode

Semi-annual, Annual.

Core Benefits

  • Maturity Benefit Payout – Receive the full value of the sum insured in lump sum upon policy maturity.
  • Survival Benefit Payout – If the policyholder remains alive and the policy continues to be valid during the coverage period, they will be entitled to the survival benefits on the designated dates.
  • Accumulation of Survival Benefit – The survival benefits can be retained until the end of the policy term without being withdrawn, and the interest rate can continue to accumulate during this period.
  • Insurance Coverage – In the event of the policyholder’s death (or total permanent disability), the insured amount will be fully paid out as a benefit in one lump sum.

Key Features

During the (15) years policy term, the maximum amount of benefits can be up to 180%.

There is an income tax relief benefit on the amount of premium payment.

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FAQs About Flexi Life Insurance

Depending on the selected insurance policy term, the survival benefits can be withdrawn according to the specified percentage after completing a minimum of 2 years of the insurance policy term.

Any changes in the interest rates associated with survival benefits will be announced on the company’s official website.

If all required information and documents are submitted correctly, the annual benefits will be processed and paid within five working days.

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