You can learn more from our frequently asked questions
If you want to have a car insurance, you need the following documents.
- Complete proposal Form
- Driver lists
- Wheel tax
- Driver's license
- Vehicle registration book
- Motor car purchased contract
- Car photo
Nil Excess means the amount to be paid by the insured every time the insurance company pays compensation. For example, if the compensation amount is 200,000 Kyats, the insured will pay 100,000 Kyats and the insurance company will pay the remaining amount of 100,000 kyats.
If the vehicle is damaged and new equipment must be used to repair it with replacement equipment, the insured must bear the proportional cost of adding new equipment. By purchasing Betterment additional protection, the cost of the improved value will only be covered by the insurance company.
Documents required for building are
- Completed application form
- A signed Fire Insurance acknowledge letter
- Detailed list of furniture and equipment
- Copy of purchase or sale contract
- A copy of the property deed or lease
- Copy of National Identity Card
- If a company, a copy of company registration and shareholder information
The documents required for products are
- Completed application form
- A signed Fire Insurance acknowledge letter
- Completed application form
- Entry and exit ledger
- Copy of National Identity Card
Class of building to be insured; Depending on usage and environment, the premium rate may be between 0.13% and 3.50%. Visually inspect the building to be insured and calculate the exact insurance rate.
Fire insurance covers accidental fire, contagious fire, lightning strikes and household gas leak explosions. Industrial general risk insurance covers all risks except those not included in the insurance contract.
Building equipment furniture and goods on the premises may be insured.
contractor's all risks insurance is the type of insurance that can protect during the construction of the office building, factory, shopping center, residential apartments, motorway railway, bridges tunnels, dams, excess water diversions, airports and underground shopping malls.
Contractor's all risks insurance covers damages that occur during construction. As an additional protection against unexpected damage to insured items in the workplace
(a) Injuring others; Illness and death
(b) Accidental loss or damage to
the property of others
The following documents are required for marine cargo insurance
(1) Completed proposal form
(2) A complete list of facts
(3) Copy of company registration license and shareholder information (for companies only)
(4) Receipt / list of goods on the vehicle / business receipt / proof of ownership
(5) Vessel registration license
(6) Transportation license
A marine cargo insurance policy is only valid for a one-way journey during the journey from the point of departure to the point of arrival. For losses caused by product shipment can only be covered if additional protection is purchased.
The following documents are required for inland cargo insurance
(1) Completed proposal form
(2) A complete list of facts
(3) Copy of company registration license and shareholder information (for companies only)
(4) Receipt / list of goods on the vehicle / business receipt / proof of ownership
(5) Vehicle registration license
(6) Transportation license
(7) Driver's license
