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About Single Premium Endownment Insurance

Family protection life insurance for you and your family’s future

There are more opportunities now to plan for your future. GGI Nippon Life’s Family Protection Life Insurance is a type of life insurance that aims to save money for a period of time and provides financial assistance in the unfortunate event where premature death occurs.

Key Benefits

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(1) Guaranteed 100% of the sum assured lump sum payment upon policy maturity.
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(2) Guaranteed 100% of the sum assured to be paid out to the beneficiary in the event of pre-mature death of the Life Insured.

Product Features

  • Hassle free one-time payment of premium for the entire term of the insurance policy.
  • 3 policy term options of three, four or five years to fit your savings timeline and goals.
  • Pay from as low as 71% of sum insured for the five-year term option.
  • A maturity benefit of 100% of sum insured will be paid to you at the end of the policy term.
  • A death benefit of 100% of sum insured will be paid to your family in the unfortunate event where premature death occurs.
  • Any Myanmar Citizen or Foreigner with legally valid residency status in Myanmar, age 18 to 60 years old, are eligible to purchase this product.
  • Important Information

    The premium for this product can only be accepted via cheque or bank transfer modes only.

    Under current income tax laws, the premium for this Life Insurance product qualifies for deduction against the policyholder’s taxable income.

  • Example;

    A 30-year-old customer only needs to pay a one-time premium of 10,650,000 Kyats to be able to withdraw 15,000,000 Kyats at the end of the five-year term.
    Core Benefits

Note:

Make your life dreams come true with savings / higher benefits

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