COVID Cover

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. 

Insurance Coverage 

  • 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. 

Claim Notification:

  1. When a customer passes away, the beneficiary will contact KBZ Bank on the following email [email protected] 
  1. Along with claim notification, the beneficiary will also provide the below information:
    1. Death certificate issued by an authorized Government body with evidence showing that the customer deceased as a result of Covid 19.
    2. Customer particulars (Viz., Loan number, name of customer, nrc no etc – details to identify the customer)
  1. 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.