Insurance Quote

Are you planning to invest in Myanmar under the Myanmar Investment Law? Do you know that under the Myanmar Investment Rule notification No. 35/2017 (30th March 2017) it is stipulated that:

Chapter XXII – Insurance

212. Every Investor that holds the Permit or Tax Incentives must have taken out the relevant
insurance out of the following types of insurance at any insurance business that holds the
license in the Union based on the nature of the business:

(a) Property and Business Interruption Insurance ;
(b) Engineering Insurance ;
(c) Professional Liability Insurance;
(d) Professional Accident Insurance;
(e) Marine Insurance; and
(f) Workmen Compensation Insurance.

213. This rule does not limit the obligation of the Investor to take out any other insurance policy
required under any other applicable law.

 

Do you know that Myanmar is in an earthquake zone? You have monsoon season from May to October that brings heavy torrential rain, flood and landslide; and cyclone season during the May to December that can pack wind, rain and wave that damage major coastal installations? Are you insuring yourself adequately for all these risks?

We know that finding an insurer in Myanmar who understand your need as a foreign investor is difficult. We are able to provide the quote via a local Myanmar licenced insurance company.

If you want to get a quote for insurance premium before you submit your proposal to the Myanmar Investment Commission or before you commit and sign on that big contract in Myanmar then fill up the form below.

If the equipment is new - please provide the invoice value in US$. If it is a used equipment - please state how old it is and what you think the value is in US$. If it is a building send us the blueprint later on when we request for it,
The above is just for our reference, we will discuss with you and advice you on the most appropriate type of risks that you should insure against based on your type of operation.
Please provide specific information on the address, township and state that the equipment or building is located.