This class of insurance compensates for accidental injury, permanent disability, insanity and death of the Insured – Farmers and their family members.
Who can insure | - Farmers, their family members, relatives who aging from 16 to 65 years with healthy | |
Sum Insured | - Minimum MMK 100,000/- million up to MMK 5 million | |
Term (Duration) | - 1 year | |
Premium | - 1% of the Sum Insured | |
Benefits attainable under the Farmer Life Insurance | ||
1. | In the case of death, insanity, and permanent disability, the Sum Insured amount will be paid to the beneficiary a lump sum.beneficiary a lump sum. | |
2. | In the case of injury, the percentage ratios of the sum insured amount will be paid by the physician’s recommendation. | |
3. | In the case of hospitalization by accidental injury, the compensation will be paid as MMK 2000/- for 1 unit per day for up to 5 days per time and | |
maximum 3 times during the insured period. | ||
4 | The claim need to submit within (30) days of the Claim event occurs. | |
Exclusion | ||
1. | Suicide | |
2. | Injury, disablement or death caused by committing in criminal offenses | |
3. | Injury, disablement or death caused by using narcotic drugs | |
4. | Expenses for wearing hearing aids | |
5. | Fraudulent Claims | |
6. | Expenses for diagnosis and rest | |
7. | Expenses for treatment taken for Conception | |
8. | Dental treatment costs, regardless of accidental injury | |
9. | Eye Caring Treatment costs, regardless of accidental injury | |
10. | Surgery cost for beauty | |
11. | Treatment cost for Congenital disorders | |
12. | Claim submitting after 1 year of the Claim occurs | |
If you want to buy insurance, | ||
Please contact FNI Head Office or Branches and Insurance Agents dealing with FNI. |