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What is Short Term Endowment Insurance?

Short Term Endowment insurance is a type of insurance that not only provides financial support in the event of unexpected situations but is also a suitable option for those with regular income who wish to accumulate savings in the long term.

At the end of the policy term, the accumulated amount will be refunded, making it a great choice to invest in your future. Choose Short Term Endowment insurance now to secure and grow your life’s future.

Insured Person Age
Insured Person Age

From the age of (30) days to (75) years old.

Policy Term
Policy Term

(5) years, (7) years, (10) years.

Sum Insured Amount
Sum Insured Amount

At least (1) million kyats, up to a maximum of (50) million kyats.

Payment Mode
Payment Mode

Monthly, Quarterly, Semi-annual, Annual.

Core Benefits

  • Maturity Benefit Payout – Receive the full value of the sum insured in lump sum upon policy maturity.
  • Low Premiums – Start from as low as 7,200MMK per month.
  • Flexible Options – Enjoy additional options on the policy, such as surrender, policy loan, or paid-up option.
  • 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

Receiving benefits greater than the premium amount paid.

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

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FAQs About Short Term Endowment Insurance

The minimum sum assured is MMK 1,000,000.

Payments can be made either in cash or via digital payment methods.

This plan offers financial support for unforeseen circumstances such as death or permanent disability. It also helps maintain your family’s current living standard and serves as an educational savings fund for your children.

Not Sure which Insurance to Buy?

Find the insurance plan that’s right for you in no time, with options that suit your lifestyle and budget.

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