Well-being of employees is extremely important for an organization to be successful. Organization must look after not only their employees but also their families so that employees will be motivated and resulting in higher productivity.
At AMI, we provide coverage for your employees or members of your organization against any economic loss for their families caused by death, permanent disability or injury of the insured employees. You may provide this coverage to your employees as part of the benefits to enable them to perform their duties with a peace-of-mind.
- Death Benefit: Lump Sum Payment (as per Sum Insured)
- Total Permanent Disability Benefit: Lump Sum Payment (as per Sum Insured)
- Injury Benefit: Compensation according to scale of the injury
- Term of the policy will be 1 year
- Sum insured amount can be ranged from 10,000 kyats to maximum 5,000,000 kyats per employee
- Medical check-up may be required based on the individual age and amount of sum insured
- Age Limit: 18 to 60 years
- Either employer or employees themselves can buy this policy
- Minimum Nos. of people for group policy: 5 members and above
- Premium rate will be 1% of total sum insured
- Premium must be paid by lump sum payment