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Deposit Insurance

Deposit insurance has been underwritten since 1st October, 2011 so that people do not lose the deposit at the banks, banks can obtain more deposit by creating the people’s trust in banks, increase the capacity of granting more loans in parallel and then increase their income. It is the banks that take out the insurance for those who deposit from Ks. 100,000/- to Ks. 1,000,000/- per head. The premium rate is 0.12%. In case of bankruptcy, Myanma Insurance will indemnity the depositors directly or through the banks up to 60% of the sum insured. The insurance period is 1 year.

All Products

Contact Phone Number

Life Insurance (Underwriting) Department

01 - 8391990

Life Insurance (Claim) Department

01 - 8384881

Life Reinsurance Department

01-8386919

Motor Vehicle Insurance (Underwriting) Department

09-880 177 428

Motor Vehicle Insurance (Claim) Department

09-880177427

Marine, Aviation & Travelling Insurance (Underwriting) Department

01-8251761 , 01- 8391993

Marine, Aviation & Travelling Insurance (Claim) Department

01-8251761

Fire, Engineering and Miscellaneous Insurance (Underwriting) Department

01-384867

Fire, Engineering and Miscellaneous Insurance (Claim) Department

01-8251762

General Reinsurance Department

01-8384880

Admin Department

01-8379088, 01-8384865,
01-8252372, 01-8246902

Account Department

01-8384868, 01-8384870

Marketing Department

01-8391995, 01-8391996

Duty Room

01-8379188