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What is Single Premium Endowment Insurance?

There are more opportunities now to plan for your future. GGI Nippon Life’s Family Protection Life Insurance is a type of life insurance that aims to save money for a period of time and provides financial assistance in the unfortunate event where premature death occurs.

Insured Person Age
Insured Person Age

From the age of (18) to (60) years old.

Policy Term
Policy Term

(3) years, (4) years, (5) years.

Sum Insured Amount
Sum Insured Amount

Minimum (5) million kyats to maximum (25) million kyats.

Payment Mode
Payment Mode

Lump sum.

Core Benefits

  • Guaranteed 100% of the sum assured lump sum payment upon policy maturity.
  • Guaranteed 100% of the sum assured to be paid out to the beneficiary in the event of pre-mature death of the Life Insured.
  • There is an income tax relief benefit on the amount of premium payment.

Key Features

Hassle free one-time payment of premium for the entire term of the insurance policy.

3 policy term options of three, four or five years to fit your savings timeline and goals.

Pay from as low as 71% of sum insured for the five-year term option.

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FAQs About Single Premium Endowment Insurance

The premium can be paid either through a bank or by cheque, as a single payment.

Yes, foreigners who are legally residing in Myanmar for various reasons can purchase it.

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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