• Short Term Single Premium Credit Life Insurance

    Short Term Single Premium Credit Life Insurance

Food For Thought

Mr.Ko, 35 years old, bought a car for 400,000,000 MMK. He then took up a Short Term Credit Life Insurance with the same sum assured and paid a premium of 820,000 MMK. Mr.Ko met with a serious accident and was permanently disabled due to the accident.

With the insurance pay-out, Mr.Ko and his family can now keep the car without having to worry about future car instalments. 

Peace of mind should not come with a heavy financial burden

When you’ve worked hard to achieve the lifestyle you want for yourself and your loved ones, it’s reassuring to know that lifestyle could continue for your family if something happened to you. But it’s all in the planning.

With Short Term Credit Life, you can be reassured that you or your loved ones could maintain a similar quality of life during or after an unfortunate event.

Peace of mind should not come with a heavy financial burden

Enjoy Key Benefits

Lump sum amount will be paid out to redeem the loan upon death of insured.
Lump sum amount will be paid out to redeem the loan in event of total permanent disability.

Premium Rates

Single premium rate per 10,000,000 MMK of sum assured.

Premium Rates

Medical Check-up

  • For sum assured above 3,000,000 MMK, insured will be required to go for a medical check up. 
  • Cost of the medical check up will be recovered by the insurance company.
Why Work With EFI Life?

Why Work With EFI Life?

Life is a journey of uncertainties. And since 2018, we have made it our mission to people find the assurance they need. As a subsidiary of Excellent Fortune Development Group, a top multi-sector conglomerate with a presence in the financial, real estate, mining, agricultural, and industrial sector, we are financially sound and strong. We are committed to creating a positive social impact through our products and services that serve the protection, savings, and investment needs of different life stages and for all segments of society.

EFI Life is focused on creating fresh customer experiences, with easy-to-understand products, supported by digital technology. Through this customer-led approach, EFI Life aims to become a leading Myanmar insurer that changes the way people feel about insurance. Come journey with us! Let us help you live life truly. Let’s #livelifetruly. Together!

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Frequently Asked Questions

What is the insured period?

The insured period is either 1 or 2 years.

Apply This Insurance

You can get financial support and good savings habits when facing unforeseen circumstances by having Short Term Single Premium Credit Life insurance coverage. So apply now to protect your family's lifestyle.