Myanmar to introduce travel insurance services to foreign visitors
Source: Time:
The number of application for travel insurance is still low in Myanmar, the New Light of Myanmar quoted a private insurance firm as saying.
Tourists to Myanmar are recommended to buy travel insurance by paying the premium for one unit of cover which is 500,000 Kyats ( 510 U.S. dollars). For one-week duration is 500 Kyats (51 U.S. cents).
Tourist insurance buyers will get compensation in the events of death or injury caused by accident while traveling with any conveyance based on the extent of units bought, the report said.
Private companies have been allowed to operate insurance services since 2012 and so far 24 such companies have been engaged in the undertakings during the past two years, the Ministry of Finance was quoted as saying.
[Relative Articles]
- Myanmar launches travel master card for local citizens2013-11-08
- Myanmar ministry, Chinese company sign MoU on Clean Development Management project2013-09-03
- Myanmar-China gas pipeline starts to deliver gas to China2013-07-29
- Myanmar gov't signs amendment contract with local, foreign investors for copper mine project2013-07-25
- Myanmar to transform Mandalay Int'l airport into logistics hub2013-07-23
- Myanmar plans to disseminate agricultural knowledge for farmers via air2013-07-11
- Myanmar introduces one more border trade point with Thailand2013-05-23
- Myanmar allows business companies to open foreign exchange counters2013-03-13
- Myanmar's border trade hits 2.7 bln USD in 10 months2013-02-01
- Myanmar agro-tech expo to be held in Yangon in March2013-01-23
- Myanmar's marine export earns over 470 mln USD in 9 months2013-01-17
- Myanmar-Yunnan Trade Tops $1.7 Billion2012-12-17
- Myanmar needs to harness energy resources to power growth: ADB2012-11-30
- Myanmar to hold second green economy forum2012-11-09
- Myanmar global investment forum held in Nay Pyi Taw2012-09-14
- Myanmar, Japan make progress in economic cooperation2012-09-03
- Myanmar to introduce int'l bank cards services successively2012-08-31
- Myanmar to launch Yangon ICT fair next month2012-08-02
- Myanmar extends commercial tax exemption to July2012-02-03
- Myanmar braces for more tourists in open season2011-09-02
- Myanmar becomes Yunnan's largest trading partner2011-05-20
- Myanmar-China border trade fair launched in Muse2011-05-03
- Myanmar's liberalization of banking sector attracts more foreign bankers engagement2011-03-23
- China's February FDI up 32.2% year on year2011-03-15
- Myanmar to open media corners to develop media industry2011-03-15
- China's trade surplus to shrink this year, trade deficits likely for some months2011-03-08
- Myanmar, Malaysian entrepreneurs to promote business cooperation2011-03-07
- Myanmar airline launches Yangon-Guangzhou direct flight service2011-03-05
- Myanmar airline launches route to Cambodia's Angkor Wat2011-02-25
- Myanmar will launch direct flights to Cambodia2011-02-11
- Myanmar to privatize 90 pct of state-owned industries this year2011-01-13
- Chinese banks' November forex surplus hits 45.3 bln USD2010-12-24
- Myanmar works for booming tourism through int'l activities2010-12-22
- Myanmar-China border trade fair-2010 put off2010-12-14
- Myanmar hosts ASEAN ports association meeting in Yangon2010-09-26
- Myanmar eyes more trade cooperation with China's developed regions: top leader2010-09-11
- Myanmar's top leader begins a five-day state visit to China2010-09-09
- Myanmar's top leader to visit China2010-09-03
- Latest directives 'alleviate worries' about Chinese business climate2010-08-21
- Myanmar agricultural experts to undergo training in China2009-09-03