Product Information

Travel Insurance

This class of insurance compensates for injuries, disablement and deaths sustained by the passengers in accidents while travelling therein along the inbound and outbound trips.

Who can insure            - The persons who travelling by using any vehicles
Sum Insured    - a) MMK 500,000/- per unit and maximum 20 units- MMK 10 million can be purchased
  for inbound and outbound trips
  b) MMK 2 million constant for expressways under 100 miles
Term (Duration)- a) Inbound Trips         - 1 day to 3 months
  b) Outbound   Trips    - 1 week to 3 months
  c) One trip for the expressways under 100 miles
   

Premium

Trip Term Premium (MMK)
Inbound   1 day trip   1 unit - 100 MMK
  3 days trip   1 unit - 150 MMK
  1 week trip   1 unit - 200 MMK
  2 weeks trip   1 unit - 250 MMK
  1 month trip   1 unit - 300 MMK
  1 ½ months trip   1 unit - 350 kyats
  2 months trip   1 unit - 400 kyats
  2 ½  months trip   1 unit - 450 kyats
  3 months trip   1 unit - 500 kyats
     
Outbound
 
 1 week trip   1 unit - 200 kyats
  2 weeks trip   1 unit - 250 kyats
  1 month trip   1 unit - 300 kyats
  1 ½ months trip   1 unit - 350 kyats
  2 months trip   1 unit - 400 kyats
  2 ½  months trip   1 unit - 450 kyats
  3 months trip   1 unit - 500 kyats
Under 100 miles expressway   From beginning to the end of destination   100 MMK constantly

 

 

Benefits attainable under the Travel Insurance
  
  • If the insured get an injury, permanent disability and death in accidents during the trip, he/she or his/her beneficiary will become entitled to the compensation.
 
     
  • In the case of death by accident during the trip, the Sun Insured amount will be paid to the beneficiary.
 
  • In the case of 100% permanent disability with the physician’s recommendation, the Sun Insured amount will be paid a lump sum.
 
  • In the case of injury, the percentage ratios of the sum insured amount will be paid by the physician’s recommendation.
   
For Hospitalization,
 
  • In the case of injury, this insurance provides the hospitalization expenses 4000/- MMK for one unit per week (maximum 52 weeks) for inbound and outbound trips.
 
 
  • In the case of injury, this insurance provides the hospitalization expenses 3200/- MMK for one unit per week (maximum 52 weeks) for expressways less than 100 miles.
 
 
  • Total compensation amount not more than the Sum Insured.
 
  • The insured need to claim within one year for the  death benefit and two years for the injury from the time Claim occurs
   
Exclusion
  a) Existing disablements or diseases
  b) Suicide
  c) Intentionally self-inflicted
  d) Deliver and abortion not related to the vehicle accident during the trip
  e) Committing criminal offenses
  f) Using narcotic drugs
  g) Wars, strikes, civil war, civil commotion, terrorism and warlike operations
  h) Death, permanent disability and injury that the consequential effects of the above (e) , (f) & (g) contents
If you want to buy insurance,
Please contact FNI Head Office & branches or agents dealing with FNI.