“AIA Myanmar Tagu Atar-Yay” is a special seasonal campaign by AIA Myanmar to support customers in providing life and health protection premium to their loved ones.
As part of this Campaign, AIA Myanmar, through its Thingyan CSR fund, will provide Premium Support to customers who purchase AIA Myanmar’s Universal Life and/or One Health Solution (Individual) insurance policies, to help ensure they are financially well-protected from unexpected life and health risks.
Through the Premium Support, AIA Myanmar will pay part of the first premium, on behalf of the customer.
- For customers purchasing either Universal Life or One Health Solution (Individual), AIA Myanmar will pay 10% of the first premium.
- For customers purchasing both Universal Life and One Health Solution (Individual), AIA Myanmar will pay 15% of the first premium for both products.
Campaign is applicable for all Universal Life and One Health Solution (Individual) insurance policies submitted and issued in the period from 15th March 2023 to 31st May 2023.
CAMPAIGN TERMS AND CONDITIONS
- Campaign is applicable for all new Universal Life and One Health Solution (Individual) insurance policies purchased by existing and new customers which are submitted and issued in the period from 15th March 2023 to 31st May 2023 (“Campaign Period”) only.
- Premium Support of 10% of the first year premium will be provided by AIA Myanmar through its Thingyan CSR Fund for Universal Life and One Health Solution (Individual) policies purchased during the Campaign Period (“Premium Support”).
- If both Universal Life AND One Health Solution (Individual) policies are issued during the Campaign Period for the same Life Assured person, AIA Myanmar will provide Premium Support of 15% of first year premium for both products; provided that the application for the second policy is submitted before the issuance of the first policy.
- Premium Support will be calculated based only on Universal Life Regular Protection Premium and One Health Solution (Individual) Premium paid by the customer during the Campaign Period.
- To be eligible for this Campaign, premium payment for Universal Life and One Health Solution (Individual) must be in annual mode only.
- Premium Support would be applicable only for the first year premium for any Universal Life and One Health Solution (Individual) policies submitted and issued during this Campaign. For all subsequent premium payments (year 2 onward renewals), Premium Support would not be applicable.
- Acceptance and issuance of any insurance policy under this Campaign is subject to AIA Myanmar’s underwriting guidelines. AIA Myanmar reserves the right to not issue any policy under this Campaign, solely at its discretion.
- In the case of cancellation of Universal Life or One Health Solution (Individual) policies issued during this Campaign; the Premium Support amount will not be refunded to the customer.
- AIA Myanmar reserves the right to discontinue or amend the terms and conditions of this Campaign at any time; without giving prior notice to the customer and without incurring any liability onto itself. Any decision of AIA Myanmar concerning these terms and conditions are final.
- Benefits under this Campaign cannot be claimed in conjunction with any other ongoing AIA Myanmar customer campaigns.