Susidence and Landslide
Impact of Vehicles
Riot Strike & Malicious Damage
Earthquake Volcanic Eruption
Fire, Lighting, Domestic Gas, Explosion
Any person who has insurable interest (i.e., who owns a property or who has a legal obligation over safety of a property).
For coverage of all items in the premises, see below:
Furniture, Fixture and Fitting
Stocks – Finished Goods, Work in Process, and Raw Materials
A wider insurance coverage than standard Fire Insurance. All perils are covered unless it is excluded in the policy terms.
Flexible in choosing preferred covers with favorable premium rate compared to standard Fire Insurance.
Flexible Terms & Conditions (adjusting deductible, sub limits and premium)
Subject to following risk factors: COPEM
Maximum policy term 1 year (Renewable on a yearly basis)
This Industrial All Risk Insurance (IAR) is underwritten by AYA SOMPO Insurance Company Ltd and distributed by AYA Bank PCL. It is not an obligation of, deposit in or guaranteed by AYA Bank. AYA SOMPO Insurance Company Ltd 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 AYA SOMPO Insurance Company Ltd.
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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