• Depend on the amount of money

• For government and private banks, the highest premium rate is 0.50% and the minimum rate is 0.20% of the sum insured.
• For private business - standard rate 1%.

• The insured person has to contact the respective insurance company immediately when loss occurs.
• The insured person has to report to the police.
• Appropriate documents, daily records and reports will be required.

• The amount of cash being transit

• According to the travel distance, the minimum rate will be 0.27% and a maximum of 0.90% per thousand.
• Need to inform EFI immediately as soon as the event happens.

• The insured person has to contact the respective insurance company immediately when loss occurs.
• The insured person has to report to the police.
• Appropriate documents and reports will be required.

• Started from 3 months, 6months, 9 months to 1 year. (For own vehicles, under 2 tons)
• Over 2 tons of private or company vehicles have to insure 1 year.
• After insured period, it can be renewable.

• Invoice value, Market value, agreed value (if there is not available for invoice and market value) of vehicles.

• Premium rates can range between 1% to 2% of total sum insured. It has to be paid by lump sum payment yearly.
• If customer insure 10 and above vehicles, it will be fleet discount 10% on basic premium.
• If there is no claim during policy year, there will be 25% discount of renewable premium for next year. This kind of bonus premium can be applied to subsequent years if there is no claim within insured periods.

1. Car/ motor vehicles accidence such as crash, damage and explodes etc.
2. Damage by falling objects
3. Damage explosion from unforeseen events and environment
4. Capsizing
5. Thunder strikes
6. Riots, and malicious act

In above conditions, insured person can get coverage for his/her motor vehicles.

1. War Risk (0.05 % of basic premium)
2. Act of God such as storms and natural disasters (0.05% of basic premium)
3. Theft (15% of basic premium)
4. Wind screen (5% of basic premium)

• Death- loss of life (Maximum 1000,000 kyats for a person)
• Injury- According to certified doctor’s assessment, depending on scales of injury, payment will be available up to maximum 1000,000 kyats for a person.
• Loss and damage of third party’s property- reasonable costs will be paid for the repair or value of the property.
• For one event, third party liability payment will paid up to maximum 50,000,000 kyats.

• The insured has to contact the company or agents immediately.
• Before staff or agents arrive at the incident scene, the insured has to take photos of his/her car.
• The photos must be taken before the damaged cars are moved to the next place.
• Let the company’s staff inspect the scene and cooperate with agents or staff.
• Repairing of damaged cars will be handled by relative workshops which are in contact with EFI or repairing cost will be paid by EFI.

• Minimum 10 days to 1 Year.

• Depends on the value of insured person’s property with documents or contracts.

• Premium charge will be minimum 0.14% of insured value and maximum 3.5% of insured value.
• Depending on the class of building, occupation of building, the adjacent building of the insured building, premium charge will be different.
• Premium charge required to paid fully at once and after payment, the policy for insured property will be started on that day.

1. Damage to the building or house caused by fire from accidence and other adjacent buildings or residence.
2. Damage occurs due to lightning.
3. Damage to the property after removal of property from burning building.
4. Damage to the property after destruction by the firefighters due to prevent the spread of fire.

Customers can buy additional coverages for unpredictable conditions.

Each of the following will be charged on the percentage of premium and customers have varieties of choices to select and buy.

Regarding to burglary, depending on the types of buildings calculated with fire insurance premium, it will be discounted 10% for the result premium.

• There will be the discount for the premium rates as bonus if the insured person do not have a claim for the first year and continue to buy for second year, the person will get 25% discount of the premium.

• Damaged or loss of properties due to fire or other reasons mentioned above, customers have to inform immediately to company and recorded with photos. When the service team has arrived, customers can ask for claim with recorded photos.

Sum insured = CIF + 10%
C = cargo value
I =Insurance premium
F =Transportation fees/ labor fees

• It will cover for the total loss only.
• It covers for the destruction of natural disasters, accidents, explosion and being stranded ground or capsized of ship.
• When loss occurs, the company will also provide the charges of labor fees and additional charges for moving to safety.

The premium payment will be lump-sum.

The premium rates will vary on types of cargo, seasons and areas.

For general cargo, the premium will be calculated as below (% of sum insured)

For petroleum, diesel and gas transportation, the premium will be calculated as below (% of sum insured)

1. Insured’s name and address
2. Cargo (or) sum insured value
3. Cargo list
4. Type of transportation
5. Type of vessel /vehicles

Copies of vehicle or water craft license, certificate of registration and business license of goods will be required.
The insured has to inform the company a few days before leaving the harbor or port.

• When loss occurs, the insured has to contact the company through agents or directly by the phone immediately.
• The company staffs will inspect the scene and help the insured to reach claim process.

Time policy

• With the limitation of time duration
• Can buy up to 1 year (maximum)
• Policy start from the date of purchasing premium

Voyage Policy

• Policy start when the ship dispatch from the origin point
• And ends when the ship arrived to the final destination

All Risk

Iron Body

Wooden body

There is no coverage for all risk policy.

Total loss only

Iron body

Wooden body

• The insured has to inform the insurance company immediately or within days.

• Stakeholder, Shareholder, CEO, and senior management levels.

• Depending on the amount of money that the person who has the full responsibility to control finance.

The premium rates have to paid annually as follows;

• For Government enterprises 1%
• For Private enterprises 2%

• Customer has to report to insurance company immediately. The company will give coverage for loss of cash after receiving the required documents but not exceeded to sum insured.

• The insurance officially starts, when the goods leave from the warehouse or storage and end by arriving at the final destination .This type of insurance valid only for a single trip.

• Total loss only.

• Damages that are not in compliance with the rules.
• Damages due to carrying more than the specified weight.
• Damages before departing and after arriving at the destination.
• Damages due to unauthorized boat license, no license, and expiration.
• For some reason, the product was delayed because of the delay Natural causes of loss of material and nature.