page-loading
flexi-about

About Credit Life Insurance

One of the best life insurance that gives your family peace of mind

You can now face the future with greater peace of mind. GGI Nippon Life’s Credit Life Insurance is a type of life insurance that pays off the scheduled outstanding loan coverage amounts to banks, microfinance firms and other financial institutions in the unfortunate event of premature death or total permanent disability.

Key Benefits

key-benefits-img
Prevailing sum assured to be paid out to the beneficiary in the event of pre-mature death or total permanent disability of the Life Insured

Product Features

  • Hassle free one-time payment of premium for the entire term of the insurance policy
  • Policy term options of one to fifteen years to fit the repayment timeline of your loans.
  • Choice of full coverage against the original loan amount or reducing coverage over the scheduled duration of your loan repayment term

မှတ်ချက်:

Protect Yourself from the Stress of Your Debt

You may also interest in

green-fin
Flexi Health Insurance
  • Hospitalization benefits.
  • Surgical benefits.
  • Single benefits.
အသေးစိတ်ကြည့်ရှု့ရန်read-more-arrow
green-fin
Flexi Life Insurance
  • Maturity Benefit Payout – Receive the full value of the sum insured in one lump sum upon policy maturity.
  • Survival Benefit Payout – Receive cash payouts at specified policy durations as immediate, additional income during the policy term.
  • Accumulation of Survival Benefit – Survival benefit payouts which are not withdrawn can be accumulated with an interest rate and paid out upon policy maturity.
အသေးစိတ်ကြည့်ရှု့ရန်read-more-arrow
green-fin
Student Life Insurance
  • Maturity Benefit Payout – Receive the full value of the sum insured over four equal installments beginning from the child’s 17th birthday.
  • Full Premium Waiver Benefit – Full waiver on outstanding premium payments, if the parent suffers from Death or Total Permanent Disability. The child will continue to receive the full value of the sum insured over four equal installments beginning from the child’s 17th birthday.
  • Death Benefit – If the insured child loses his or her life due to unforeseen circumstances, the parent will receive the full value of the sum insured in one lump sum.
အသေးစိတ်ကြည့်ရှု့ရန်read-more-arrow
green-fin
Short Term Endownment Insurance
  • Maturity Benefit Payout – Receive the full value of the sum insured in one lump sum upon policy maturity.
  • Low Premiums – Start from as low as 7,200MMK per month[1].
  • Flexible Options – Enjoy additional options on the policy, such as surrender, policy loan, or paid-up option.
အသေးစိတ်ကြည့်ရှု့ရန်read-more-arrow
green-fin
Single Premium Endownment Insurance
  • Guaranteed 100% of the sum assured lump sum payment upon policy maturity.
  • Guaranteed 100% of the sum assured to be paid out to the beneficiary in the event of pre-mature death of the Life Insured.
အသေးစိတ်ကြည့်ရှု့ရန်read-more-arrow
green-fin
Simple Life Insurance
  • Lump sum benefit payable upon death
  • Lump sum benefit payable upon death / total permanent disability.
  • Double benefits payable (i.e. 200% of sum assured) in the event of accidental death / total permanent disability
အသေးစိတ်ကြည့်ရှု့ရန်read-more-arrow
green-fin
Travel Insurance
  • Hospitalization – Receive weekly cash benefits for every week of hospitalization, for up to 52 weeks.
  • Injury Benefit – Receive lump sum benefit (as a % of sum insured) upon injury as per doctor’s assessment.
  • Disability Income Benefit – Receive weekly cash benefits for every week of inability to work, for up to 52 weeks.
အသေးစိတ်ကြည့်ရှု့ရန်read-more-arrow
green-fin
Group Life Insurance
  • Receive 100% of sum insured in one lump sum upon death or total permanent disability.
  • Reasonable benefits will be given to any bodily injuries, certified by registered Medical Officer
အသေးစိတ်ကြည့်ရှု့ရန်read-more-arrow
green-fin
Farmer Life Insurance
  • Hospitalization from Accidental Injury – we will pay 2% of the insured value per day of hospitalization for a maximum of five days. This is payable up to three times during the insurance period.
  • Accidental Injury – we offer compensation depending on a physician’s recommendation.
  • Total Permanent Disability – receive 100% of the sum insured in one lump sum upon total permanent disability.
အသေးစိတ်ကြည့်ရှု့ရန်read-more-arrow
green-fin
Critical Illness Insurance
  • Critical illness – receive 100% of the sum insured in one lump sum, upon diagnosis of covered critical illnesses.
  • Death – receive 100% of the sum insured in one lump sum upon death, provided the insured party has not made a prior critical illness claim.
  • For full protection against sickness and death, Critical Illness Insurance is the smart choice.
အသေးစိတ်ကြည့်ရှု့ရန်read-more-arrow