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Monday, November 26, 2012
myanmar nationals
we have just received this email notification from tokio marine life insurance singapore:
Dear Business Partners,
We are pleased to inform that we accept Myanmar nationals who are Singapore PR or holding a valid Employment Pass (EP).
Myanmar nationals, who are Singapore PR or EP holder, please use the Singaporeans Underwriting Guidelines, subject to the respective benefit limit.
However, please note that for EP holders, maximum Death/ Total Permanent Disability (TPD) / Dread Disease (DD) benefit will be capped at S$500,000.
We have attached the proposal handbook for your easy reference.
Appreciate your kind assistance to disseminate the information to all your advisers.
Thank you.
**
*Joyce Soh*
Administrative Executive, Distribution Operation Department
T 6592 6229 | F 6223 9120
*Tokio Marine Life Insurance Singapore Ltd.
*20 McCallum Street #07-01 Tokio Marine Centre Singapore 069046 | _www.tokiomarine-life.sg <http://www.tokiomarine-life.sg/>
my comments:
it's good news because tokio marine life insurance singapore has opened their gates to accept life insurance applications from myanmar nationals who are singapore prs or holding a valid employment pass.
i suppose with the country's reforms and sanctions being gradually lifted, tokio marine life insurance singapore is one of the first insurers to accept business from myanmar nationals. and i reckon more insurers may do the same.
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