Product Features

Who should take this policy?

Age between 6 to 75 years old can insure according to their age groups. Parents/ guardians can insure for their 6 to 18 years old.

Things that are assured

The following risks are covered for the insured under this policy during the policy term.

Basic Coverage

• Hospitalization due to the disease or the accident (10000 MMK per day and maximum 60 days for 1 unit)
• Death (1000000 MMK for 1 unit)

Rider (1)

• Surgeries and operations (500000 MMK for 1 unit)
• Miscarriages (300000 MMK)

Rider (2)

• Clinic and hospital expenses (from 2500 MMK to 10000 MMK for 1 unit)

Exclusion Clauses

• Hospitalization for the treatment of pre-existing disease which has been diagnosed before the commencement date
• Operation for childbirth and complication
• Psychosis, Mental disorders
• Regular medical check up
• Treatment and operation for any fertility problems
• Any Dental care except for accidental injuries
• Any Eye care including medical check up for vision except for accidental injuries
• Any treatment with the aim of personal beauty
• Any hearing aids
• Any treatment for physical defect or infirmity
• Any condition which is or results from intoxication by drugs not prescribed by a doctor
• Committing crimes
• Any condition, which is or results from a complication of infection with Human Deficiency Syndrome (“HIV”), any variance including Acquired Immune Deficiency Syndrome (“AIDS”), and AIDS Related Complications (“ARC”).
• Hospitalization, injury and death due to wars (whether declared or not), war risks, civil wars, rebellions, riots, military or civil commotion, strikes, revolutions, military coup, seizure of power by military, civil unrest, other reasons that lead to these causes or their consequences
• Only 3 days and less hospitalization period for the treatment of disease
• Fraud claims
• Suicide (or) self-inflicted intentional injury

Who can purchase this insurance?

Age between 6 to 75 years old can insure according to their age groups. Parents/ guardians can insure for their 6 to 18 years old children.

Premium

Basic Coverage (It is available from 1 unit to 25 units.)

• Individual rate (minimum 11000 MMK to maximum 61600 MMK annual premium for 1 unit)

Rider (1) (it is available from 1 unit to 25 units.)

• Individual rate (annual premium 16500 MMK for 1 unit)

Rider (2) (it is available from 1 unit to 25 units.)

• Individual rate (annual premium 8800 MMK for 1 unit) Premium rate may differ according to the entry age and premium payment mode.

Benefits

Basic Coverage

• Hospitalization due to the disease or the accident (10,000 MMK per day for 1 unit and maximum 60 days)
• Death (1,000,000 MMK for 1 unit)

Rider (1)

• Surgeries and operations (500,000 MMK for 1 unit)
• Miscarriages (300,000 MMK)

Rider (2)

Clinic and hospital expenses (from 2,500 MMK to 10,000 MMK for 1 unit)

Endorsements

If the insured would like to make changes for the following instances within the policy term, please inform KBZ LIFE Offices or KBZ LIFE agents for the endorsement. For instance-

• • Beneficiary endorsement
• • Changes in information (Address, Phone, Email, etc.)

How to purchase this insurance?

If you want to purchase this Health Insurance policy, please contact either the KBZ LIFE staff and the KBZ LIFE Insurance agent or online and the following procedures are required:

• (1) Fill application
• (2) Inspecting the required documents
• (3) Inspecting the medical evidences
• (4) Premium payment
• (5) Issuance of the Protocol (Receipt) / Policy Agreement as Acceptance of the Request

If required, our KBZ LIFE and our agents are ready to provide service. You can contact any agent and KBZ LIFE. The representative will follow through until the insurance end.

How to claim for the compensation?

If you encounter an unexpected event, please send it to us. If the insured has died or hospitalized during the term of the insurance, you only have to notify us immediately. Please provide us required the following documents.

• • Original Insurance Contract
• • Compensation form
• • Doctor’s recommendation
• • Bills or receipts from the hospital
• • Copies of the medical record
• • Death certificate when dead

The KBZ LIFE Office or KBZ LIFE representative or KBZ LIFE staff will assist you with any issues that may encounter in the process of compensation.