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Edufunds

To get the saving habit for the education of their children.

Types of Insurance

Two types of insurances,

  • AMI Edufunds
  • AMI Edufunds +

Benefits

Basic Benefit Plan (AMI Edufunds)

  • Premium Waiver Benefits
  • Education Benefits
  • Paid up value Benefits
  • Surrender Value Benefits
  • Loan Benefits

Double Benefit Plan (AMI Edufunds+)

  • Death Benefits
  • Total Permanent Disability
  • Premium Waiver Benefits
  • Education Benefits
  • Paid up value Benefits
  • Surrender Value Benefits
  • Loan Benefits

Policy Term

  • 9 Years (or)  11 Years (or)  14 Years

Medical Check-up

  • The insurer needs to take medical check-up.

Stamp Fees

  • Stamp Fees MMK 30 for Sum Insured Amount 100,000 MMK

Eligibility

  • Age between (18) to (56) Years old

Sum Insured

  • Minimum MMK (50) lakhs to Maximum MMK (1,000) lakhs

Premium Rating

  • The premium amount is based on sum insured amount, policy term and benefit plan.

Premium Term

  • The premium term will be (5) Years/ (7) Years/ (11) Years based on policy term

Premium Payment Method

  • Monthly/ Quarterly/Bi-annually/ Yearly


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