COVID cover is a complimentary cover offered by KBZ Bank to its KBZ Home Loan customers. This special coverage is free for all KBZ Home Loan customers in the unfortunate event of a COVID-19 related death. Terms and Conditions apply.
- Benefit: Life cover due to COVID-19
- Coverage Amount: 500,000 MMK
- Duration of Coverage: June – December 2020
Register for Beneficiary
Download “Beneficiary Declaration Form”, fill up the necessary information and submit the hard copy to KBZ Home Loan branches.
- When a customer passes away, the beneficiary will contact KBZ Bank on the following email email@example.com
- Along with claim notification, the beneficiary will also provide the below information:
- Death certificate issued by an authorized Government body with evidence showing that the customer deceased as a result of Covid 19.
- Customer particulars (Viz., Loan number, name of customer, nrc no etc – details to identify the customer)
- If any details are missing once a notification is made to the aforesaid email address, KBZ Bank would reach out to the beneficiary requesting details to be provided for claim settlement.