Confirm
Skip to main content Skip to notification content
Back

Financial support for your child’s brighter tomorrow

Why you should get it?

We know that your child's future is worth protecting, so help them reach their dreams by saving now with Manulife Double Benefit Education Life and Education Life. Your child’s education, that’s worth protecting.

You or your beneficiary will receive 20% of the sum insured each year starting at

the end of premium payment period for 5 years.

If you become permanently disabled or pass away, all future premiums due will be waived.

If you select the Double Benefit, your beneficiaries will also receive 100% of the sum insured if you become permanent disabled or pass away.

9-year plan with premiums payable for 5 years.

11-year plan with premiums payable for 7 years.

14-year plan with premiums payable for 10 years.

Premium is a deductible expense from your income.

Want to know more about Manulife Education Life?

FAQ

The minimum issue age is 18 years old. The maximum issue age for 9 years plan term is 56 years old, for the 11-years plan term, it is 54 years old and for the 14 years plan term, it is 51 years old.

You can start an educational plan with face amount of MMK 5,000,000 and up to MMK 100,000,000.

You can pay them annually or semi-annually during your premium payment period.

You can pay your premiums by cash, and through select banks and their digital payment options.

Your policy will terminate after the last education benefit payment has been made.

Yes, you are allowed to cancel at any time and you will receive the cash value. The cash value will increase over time so please consider carefully before canceling.

Learn more about Education Life insurance

Find our related Products 

Protect your family from financial burden against life-threatening illnesses.

Protection

The Life Insurance product covers you as a protector for financial solutions and protection for you and your family.

Protection

Two low-premium insurance plans designed to provide you loan protection and peace of mind.

Read our Articles from Insights