In view of the current developments, we would like to assure our customers that we remain firmly committed to Myanmar and to serving our customers in this market. If you have any query or policy claim do not hesitate to reach out to our customer care team on 09 765 467 100 or via email: Customer_Service_MM@manulife.com

View More

In view of the current developments, we would like to assure our customers that we remain firmly committed to Myanmar and to serving our customers in this market. If you have any query or policy claim do not hesitate to reach out to our customer care team on 09 765 467 100 or via email: Customer_Service_MM@manulife.com

View More
Confirm
Skip to main content Skip to notification content
Back

Financial support for your child’s brighter tomorrow

Why you should get it?

We know that your child's future is worth protecting, so help them reach their dreams by saving now with Manulife Double Benefit Education Life and Education Life. Your child’s education, that’s worth protecting.

Education benefit

You or your beneficiary will receive 20% of the sum insured each year starting at

the end of premium payment period for 5 years.

Waiver of premium benefit

If you become permanently disabled or pass away, all future premiums due will be waived.

Double benefit

If you select the Double Benefit, your beneficiaries will also receive 100% of the sum insured if you become permanent disabled or pass away.

Flexible payment terms

9-year plan with premiums payable for 5 years.

11-year plan with premiums payable for 7 years.

14-year plan with premiums payable for 10 years.

Tax benefit.

Premium is a deductible expense from your income.

Special benefits to financially protect you for COVID-19
until October 31, 2022

The global pandemic has hit hard most people in Myanmar and we’re committed to lessening their financial burden from the crisis, supporting and making their lives better in these trying times. We at Manulife Myanmar are providing free additional COVID-19 benefits to our customers for a limited time period.

ICU benefit

Eligibility: Policy life insured

Payout upon hospitalization in ICU due to COVID-19: 50% of the Face Amount of your Manulife policy(s) subject to a maximum of 10,000,000MMK.


A. Only policy life insured is eligible for this benefit.

B. Benefit is paid only if diagnosed and treated in a government hospital or government authorized COVID-19 treatment center/hospital for COVID-19.

C. A waiting period of 14 days for the COVID-19 benefit and pre-existing condition applies. The benefit will be payable if the life insured is diagnosed with COVID-19, either 14 days after policy issue date or effective date, whichever is later.

For more information

Death benefit

Eligibility: Policy life insured 
Payout upon death due to COVID-19: 100% of the Face Amount of your Manulife policy(s) subject to a maximum of 15,000,000MMK. Less ICU benefit paid out, if any

 

A. Only policy life insured is eligible for this benefit.

B. Benefit is paid only if diagnosed and treated in a government hospital or government authorized COVID-19 treatment center/hospital for COVID-19.

C. A waiting period of 14 days for the COVID-19 benefit and pre-existing condition applies. The benefit will be payable if the life insured is diagnosed with COVID-19, either 14 days after policy issue date or effective date, whichever is later.

For more information

Want to know more about Manulife Education Life?

FAQ

The minimum issue age is 18 years old. The maximum issue age for 9 years plan term is 56 years old, for the 11-years plan term, it is 54 years old and for the 14 years plan term, it is 51 years old.

You can start an educational plan with face amount of MMK 5,000,000 and up to MMK 100,000,000.

You can pay them annually or semi-annually during your premium payment period.

You can pay your premiums by cash, and through select banks and their digital payment options.

Your policy will terminate after the last education benefit payment has been made.

Yes, you are allowed to cancel at any time and you will receive the cash value. The cash value will increase over time so please consider carefully before canceling.

Learn more about Education Life insurance

Find our related Products 

Protect your family from financial burden against life-threatening illnesses.

Protection

The Life Insurance product covers you as a protector for financial solutions and protection for you and your family.

Protection

Two low-premium insurance plans designed to provide you loan protection and peace of mind.

Read our Articles from Insights