• Motor Vehicle Insurance

    Motor Vehicle Insurance

Food For Thought

Ko Myo insures his car with motor vehicle insurance. As he has no claim during the first policy year, he can enjoy No Claim Bonus of 25% upon renewal for his second policy year.

Special Note: There will be a fleet discount of 10% on basic premium if customer insures 10 or more vehicles.

Why Leave Your Car To Chance?

Unforeseen accidents causing you headache?

We protect you and your car from accidents while driving a car or motor vehicle.

The motor vehicle insurance covers losses, own damage of vehicles and third party liability.

Our Motor Vehicle Insurance helps you to drive your vehicle safely with peace of mind.

Why Leave Your Car To Chance?

Key Benefits


  • With the exception of motorcycles, the insurance covers all motor vehicles and machines registered at the Road Transport Administration Department.

Sum Insured

  • The sum insured should be an amount agreed upon by both the insured and the insurer, which should not exceed the market price. 

Additional Coverage

  • Acts of God ( flood, windstorm, earthquake, etc. )
  • War Risks
  • Theft
  • Betterment

Premium Rates

  • The rate should be between 1.072% and 1.734 % depending on the vehicle use, vehicle's value, model, type, manufacturing date, engine power and the number of people using the vehicle.

Policy Term

  •  3 months, 6 months, 9 months and 1 year

Basic Coverage

  • Accidental collision or overturning :
  • Fire, External explosion, Self-ignition or Lightning
  • Impact damage caused  by falling objects
  • Of Mischief / Malicious act:
  • Damage to the vehicle during the transport by inland waterway, road or elevator
  • Damage caused by strikes, riots, civil commotion
  • Windscreen damage - replacement value
  • Damage to your own vehicle - replacement value

No Claim Bonus

If the policyholder has not failed any claims during the insurance period ,
they will entitle for discounts of up to 40% for private vehicles and 25% for commercial vehicles in subsequent policy periods.
The No Claim Bonus applies exclusively to the policyholder and does not extend to the insured vehicle.

No Claim Bonus
Why Work With EFI General?

Why Work With EFI General?

Life is a journey of uncertainties. Since 2018, we have made it our mission to people and businesses find the assurance they need. As a subsidiary of Excellent Fortune Development Group, a top multi-sector conglomerate with a presence in financial, real estate, mining, agricultural and industrial sectors, our capital base is strong. Our range of products provides protection to both individual consumers and commercial clients. Our solutions anticipate rather than react to changing trends and our teams are focused on establishing long-term relationships that are mutually beneficial. Helping clients stay ahead of risk and serving, as their partners in times of need is why EFI is here. Excellent Fortune General Insurance is focused on creating fresh customer experiences, with easy-to-understand products, supported by digital technology. Through this customer-led approach, Excellent Fortune General Insurance aims to become a leading Myanmar insurer that changes the way people feel about insurance.

Come journey with us!

Let us help Protecting You, Securing Your Future.

Let’s Protect Your Future with EFI General Together!

Download Proposal

Download Proposal

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Download Brochure

Download Brochure

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Frequently Asked Questions

What types of vehicles can we insure?

  •  Any legally registered motor vehicle in Road Transportation Authority (RTA)
  •  Private Vehicle
  •  Commercial Vehicle

What should I do if I want to change the car?

You should contact EFI General Hotline No. 09 7777 8888 5 or respective sale person for changing the vehicle for details information.

What is No Claim Bonus?

It is a discount which can be applied to the cost of your motor insurance. The amount of discount is calculated by reference to the number of years that you have driven a vehicle without making a claim on your car insurance. But one of the insured persons is entitled to benefit only if your vehicle is insured for a period (one year) consecutive months.

Which documents do we need for Motor Vehicle Insurance?

  • The copy of Owner Book
  •  The copy of Wheel Tax
  •  Sale Invoice
  •  Proposal Form
  •  Car Photo
  •  Driving License

Apply This Insurance

You can get financial support and good savings habits when facing unforeseen circumstances by having life insurance coverage.

So, apply now to protect your vehicle while receiving insurance protection.