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HOME BUSINESS BANKING INSURANCE GROUP LIFE INSURANCE
Insurable Age
Employee aged 18 years to 65 years old
Premium Rate
1% of Sum Assured amount
Sum Assured
Starting from MMK ten thousand
Death Benefit
Sum assured paid to the beneficiary in the event of unfortunate death of insured
Total Permanent Disability Benefit
Sum assured paid to insured in the event of permanent disability
Injury Benefit
Financial Support if the employee suffers an injury
Disclaimers
Group Life Insurance is underwritten by AIA Myanmar and distributed by AYA Bank PCL. It is not an obligation of, deposit in or guaranteed by AYA Bank. AIA Myanmar reserves the right of final approval. Full details of the terms, conditions and exclusions of the insurance are provided in the policy wordings and will be sent to you upon acceptance of your application by AIA Myanmar.
This webpage contains only general information and does not have regard to the specific investment objectives, financial situation, and the particular needs of any specific person. It is not intended as an offer or recommendation to buy the product. A copy of the product summary can be obtained from AYA Bank branches. The contract of insurance is between the insurer and the insured and not between the Bank and the insured. Bank does not give any warranty, as to the accuracy and completeness of the policies. Bank does not accept any liability or losses attributable to your contract of Insurance. Participation by the Bank’s customers in the insurance products is purely on a voluntary basis and is not linked to availment of any other facility from the bank.
This policy is protected under the Policy Owners’ Protection Scheme which is administered by Myanmar Insurance Association. For detail information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please visit any of AYA Bank branches.
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