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What is Student Life Insurance?

While guiding their children’s educational journey, parents can protect against unexpected events that may disrupt their education. This is a type of insurance that parents can proactively purchase to ensure their children’s educational path is secure. With Student Life insurance, parents can plan ahead for future educational expenses and ensure their children’s education is uninterrupted.

Insured Person Age
Insured Person Age

From the age of (30) days to (12) years old.

Policy Term
Policy Term

From (8) to (19) years.

Policy Holder Age
Policy Holder Age

From the age of (18) to (55) years old.

Sum Insured Amount
Sum Insured Amount

At least (1) million kyats, up to a maximum of (100) million kyats.

Payment Mode
Payment Mode

Monthly, Quarterly, Semi-annual, Annual.

Core Benefits

  • In the event of unforeseen circumstances, financial support will be provided to ensure that the child’s education does not get interrupted.
  • Death/Total Permanent Disability Benefits.
  • If the policyholder death or TPD, future premium will be waived.

Key Features

Coverage is available not only for the child, but also for the policyholder (father or mother).

Starting from the child's age of 17, 25% of the sum insured amount can be withdrawn in four equal installments.

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FAQs About Student Life Insurance

The insurance policy term can only be selected based on the child’s age.

For children aged between 30 days and 3 years, 25% of the sum assured will be paid as the benefit. For children above 3 years, 100% of the sum assured will be provided.

Not Sure which Insurance to Buy?

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This is a type of life insurance that parents can purchase to have a peace of mind for the future education of their beloved children.

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