All athletes and students from the age of 10 to 60 can be insured.
Under this policy, the sport man is covered by the following risks during the life of the insured.
National selections and students from different areas representing the state, region, townships and wards.
From minimum 1 unit to maximum 5 units can be insured. (1 unit= 10 lakhs kyats)
Premium has to be paid in a lump-sum.
If there is an accidental death of the insured sportsman while training or competing in a gym or stadium, total sum insured amount will be paid as a lump sum to the beneficiary; 10 lakhs kyats for 1 unit. Death during the competition outside the country, total sum insured 10 lakhs kyats will be paid as a lump sum to the beneficiary.
If there is an accidental injury of the insured sportsman while training or competing in a gym or stadium, benefits will be paid according to the units purchased as per the table rates. For injuries not listed on the table, suitable benefits will be paid based on doctor’s recommendation.
If there is a total and permanent disability of the insured sportsman while training or competing in a gym or stadium, total sum insured amount will be paid as a lump sum; 10 lakhs kyats for 1 unit.
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-
If you want to purchase this SportsMan Life Insurance policy, please contact either the KBZ LIFE staff and the KBZ LIFE Insurance agent or online and the following procedures are required:
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.
If you encounter an unexpected event, please send it to us.