Partner Agents

A Life Insurance Agent shall satisfy the following qualification criteria

  1. 1. Must be a Resident of Myanmar
  2. 2. Must have passed Matriculation exam (or) Bachelor Degree
  3. 3. Must not be involved in money laundering or financing terrorism activities
  4. 4. Must not have been denied or rejected for an insurance agent license
  5. 5. Must not have been declared bankrupt
  6. 6. Must not have been convicted of a criminal offense or any offence involving dishonesty, fraud or misrepresentation
  7. 7. Must present in training sessions offered by KBZ LIFE Insurance
  8. 8. Must satisfy such other requirements which may be prescribed by the FRD from time to time
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A Corporate Agent shall satisfy the following qualification criteria

  1. 1. All individuals involved in the corporate business are required to hold valid insurance agent licenses
  2. 2. A financial institution who intends to perform as a Corporate Agent shall hold not less than three individuals with valid insurance licenses
  3. 3. Corporate insurance agents are to adhere to the Insurance Business Law, the relevant rules, regulations, directives or any other existing law affecting their conduct of business
  4. 4. Any management level personnel in the corporate insurance agent must not be engaged by any other insurance business
  5. 5. The corporate insurance agent must satisfy such other requirements which may be prescribed by the FRD from time to time
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