15 Best Life Insurance in Indonesia 2021, Premiums and Benefits

15 Best Life Insurance in Indonesia 2021, Premiums and Benefits

Take the place, Do Ahat Is Your Obligation    Januari 14, 2022    Comment   

With so many life insurance products in Indonesia, it might make you confused in choosing which one is the best and the most suitable for you?

 

Life insurance is a service provided by an insurance company that aims to protect you from financial losses.

This loss can be caused by the death of a family member who previously acted as the breadwinner or an accident that results in disability so that the policyholder cannot work.

Now, buying the best life insurance product can be used as a solution as well as an anticipatory step from these adverse conditions because this service has various important benefits.

The insurance benefits in question include protection from the risk of death, compensation for disability, ensuring survival or heirs, and helping to manage finances properly and appropriately.

The following are recommendations for the best life insurance in Indonesia along with their products and premium prices.

The 10 list of life insurance companies below are included in the list of market leaders for Indonesian Life Insurance 2021 according to the Insurance Media Research Institute (LRMA).

It should be noted that in this article, they are not ranked by company and product performance which is superior. 

Prudential Life Assurance

PT Prudential Life Assurance or known as Prudential Indonesia is a subsidiary of Prudential plc from the UK which has been officially operating in Indonesia since 1995.

The performance of this insurance company has been very good since launching an investment insurance product (unit link) which was launched in 1999. In 2007, Prudential Indonesia expanded by establishing a Sharia Business Unit. The goal is to target all levels of society.

This is proven by the representative offices spread throughout Indonesia. In addition to the head office in Jakarta, Prudential is also present in Bandung, Semarang, Surabaya, Denpasar, Medan, and Batam as well as 371 Independent Marketing Offices (KPM) throughout Indonesia.

Until the end of 2020, Prudential Indonesia serves 2.8 million insureds who are supported by more than 243,000 licensed Marketers.

Prudential Life Insurance Benefits:

• Cover the loss if the insured dies due to illness or accident.
• Health protection by maintaining health, providing protection for families, and guaranteeing old age.
• Especially for insurance unit link , the insured not only gets protection, but also investment.

Advantages of Prudential Life Insurance:

• Premium costs are cheap and can be adjusted according to the ability of the insured.
• Fund management is regulated by a team of professionals and experts in their fields.
• Various insurance products
• Fast service
• Stable investment value
• Proactive insurance agents in assisting customers when submitting claims

Disadvantages of Prudential life insurance:

• Strict claim conditions
• No tolerance is given if a lack of documents is found when making a claim

The best Prudential life insurance products and their premium prices:

• PRUuniversal Life
• Price: from IDR 250 thousand/month
• PRUlife Cover
• Price: from IDR 400 thousand/month
• PRUmy Child
• Price: from IDR 400 thousand/month
• PRUsafe Guard
• Price: for women IDR 200-300 thousand / month, men IDR 230-340 thousand / month
• PRUlink
• Price: New Generation from IDR 400 thousand per month
• PRUlink New Generation Sharia
• Price: from IDR 400 thousand per month
• PRUlink Assurance Account
• Price: from IDR 400 thousand per month
• PRUlink Syariah Assurance Account
• Price: from IDR 400 thousand per month
• PRUlink Capital Account
• Price: from IDR 40 million (one time payment/single premium)
• PRUlink Investor Account
• Price: from IDR 12 million (one time payment/single premium)
• PRUlink Syariah Investor Account
• Price: from IDR 12 million (one time payment/single premium)
• PRUcorporate Life minimal
• Price: IDR 3 million per policy for 5 people per year
• PRUcorporate Personal Accident
• Price: minimum IDR 3 million per policy for 5 people per year

Sinar Mas Life Insurance

Sinar Mas Insurance Company was originally known as a company general insurance . Over time, the company, which is a subsidiary of the Sinar Mas Group, has formed an insurance unit that focuses on health, life, education, and pension funds. This is in line with the company’s vision to achieve prosperity and prosperity for its customers.

In order to strengthen its network and capital, Asuransi Sinar Mas also cooperates with a Japanese insurance company, Sumitomo Insurance. Until now, Sinar Mas is also classified as the best life insurance company in Indonesia and the largest.

Benefits of Sinar Mas life insurance:

• High solvency ratio so that default is rare
• Good corporate governance and in accordance with applicable regulations
• Guaranteed high investment value for a period of three years
• Complete product selection
• Short premium payment period

Disadvantages of Sinar Mas life insurance:

Sinar Mas Insurance also has a variety of products that provide the best protection for the people of Indonesia when the insured dies either due to an accident or other things. This is added to the investment in the form of policy value. The period of coverage for each product varies.

Here are the best Sinar Mas life insurance products and their premium prices:

• Seamus Sehat Income
• Price: from IDR 1,200 per day.
• Simas Petani
• Price: IDR 50 thousand per year.
• Simas Protection
• Price: IDR 50 thousand per year
• Micro Healthy Simas
• Price: IDR 50 thousand per year
• Stop Eruption Effort
• Price: IDR 40 thousand per year.

 Allianz Life Indonesia

Founded in 1980 in Germany, Allianz is the health insurance and asset management world’s largest company. In addition to health insurance, Allianz also has a life insurance unit that provides a wide selection of products at affordable premium prices.

Allianz Life Indonesia Life Insurance Benefits:

• A definite end of the contract if the insured is still alive when the insurance policy is nearing the expiration date
• Provide compensation for critical illness and life compensation if death is not due to an accident.

Allianz life insurance benefits:

• Accidental compensation is paid if the insured dies within 90 days from the date of the accident
• High solvency ratio in claim payment
• Good service
• Quick claim
• Cheap premium

Disadvantages of Allianz life insurance:

• Lack of details regarding guaranteed investment returns

The following are the Unit Link life insurance products offered by Allianz Life:

• SmartLink Flexi Account Plus is priced at a premium starting from IDR 2.4 million per year
• SmartLink New Flexi Account
• SmartLink Maxi Fund Plus

Note: Allianz Life life insurance premium prices vary . For more details, you can access the product page on the company’s official website or contact the company’s insurance agents and brokers.

AIA Financial

AIA Financial Indonesia or known as AIA is a leading life insurance company in Indonesia from Shanghai, China. This company has various businesses, one of which is life insurance.

AIA Life was also the first company to introduce bancassurance in Indonesia in 1990. Bancassurance can be defined as an insurance product that cooperates with banks with their target customers, namely bank customers.

The banks that have cooperated with AIA Life include BCA, BJB, Bukopin, CIMB Niaga, Citibank, and BRI.

The advantages of having AIA Life life insurance:

• High solvency rate
• Quick claim
• Affordable premium price

Disadvantages of having AIA Life life insurance:

• The agent’s performance in explaining the product is still lacking

The products offered include AIA Life, AIA Power Pro Life, AIA Proteksi Prima Plus, AIA Protection Income Plan, AIA Priority Plus Assurance, AIA Proterm Protection, AIA Sakinah Assurance, AIA Prolink Assurance, AIA Infinite Link Assurance, AIA Infinite Plus Assurance. , AIA Family First Protection, and AIA Sehat Hundred.

Regarding the premium price, you can directly access the AIA Financial website.

AXA Mandiri Financial Services

AXA Mandiri Financial Services, which was established in 1991, provides life, health, critical illness, property, pension and old age insurance products, and education.

This subsidiary of Bank Mandiri has also served many customers in Indonesia. One of the things that makes AXA Mandiri interesting is that their products are quite innovative by providing protection according to customer needs.

Advantages of AXA Mandiri Financial Services:

• High credibility
• The additional premium is quite complete
• There are quite a lot of product choices

Some life insurance products from AXA Mandiri that you can choose along with their premium prices:

• Mandiri Legacy Plan Insurance with annual premium starting from IDR 50 million
• Mandiri Prosperous Protection Insurance with an annual premium of IDR 3.6 million per year or IDR 300 thousand per month.

Capital Life Indonesia

PT Capital Life Indonesia is a business unit of PT Capital Financial Indonesia Tbk which is under the auspices of PT Bank Capital Indonesia Tbk. Capital Life Indonesia focuses on the integrated financial services industry and has been registered with the Financial Services Authority of the Republic of Indonesia (OJK) .

At first, the company only focused on life protection. However, as of 2017, the company has also begun to explore insurance products wrapped in investment (unit link).

Capital Life has three main life insurance products, namely individual insurance, group insurance, and the Financial Institution Pension Fund (DPLK). The benefits of having Capital Indonesia life insurance:

• Individual insurance: life protection + investment with the benefit of providing compensation if the insured is sick or has an accident.
• Group insurance: group life protection with the benefit of providing compensation if the insured is sick or has an accident.
• DPLK: provides post-employment benefits which are recorded in the employer’s account.

Advantages of Capital Life Insurance:

• High solvency ratio
• Products can be purchased online at the official website www.capitallife.co.id
• Various premium payment methods: auto debit, virtual account, cash deposit.
• How to claim can be done online if you can’t come directly to the head office.

Capital Life life insurance premium price:

• Individual Insurance
• Capital Protection: starting from IDR 500 thousand.
• Capital Personal Accident: starting from IDR 50 thousand.
• Capital Sakti: Price premiums start from IDR 50 thousand.

To find out information on premium prices related to group insurance products and DPLK, please contact the Capital Life call center, agent, or related broker.

Indolife Pensiontama

Indolife Pensiontama is one of the best life insurance companies in Indonesia under the auspices of the Salim Group. This company has a variety of the best life insurance products for the people of Indonesia, which are focused on individual, group and DPLK customers.

This company has attracted quite a lot of public interest, especially in DPLK products because it provides pension benefits of up to Rp. 100 million and investment value with monthly contributions starting from Rp. 100 thousand.

Indolife Life Insurance Benefits:

• Death benefits plus children’s education funds for Individual Life Insurance policyholders
• Death benefit for the insured employees of Group Life Insurance policy holders
• Pension fund compensation for elderly customers of DPLK policyholders.

The advantages of Indolife life insurance:

• 91 marketing office network throughout Indonesia
• The benefits of pension funds are high compared to its competitors
• Timely claim settlement

Regarding the price of Indolife life insurance premiums, you can access the official Indolife website, then enter your name, email, and mobile number on the Home page and click Submit. Later Indolife will contact you for details.

Manulife Indonesia Life Insurance

The best life insurance in Indonesia that can be a profitable choice for you next is Manulife Life Insurance.

The company, which operates under Manulife Financial Corporation from Canada, offers a variety of superior products ranging from pure life insurance to pension funds.

In 2016, Manulife Indonesia was recorded to have served more than 22 million customers with managed funds reaching US$728 billion.

Asuransi Manulife Indonesia provides a variety of services and a variety of the best life insurance products, such as health insurance, pure life insurance, to pension funds.

Manulife Life Insurance Benefits:

• Lifetime coverage guarantee
• Compensation for death until the age of 100 for Manulife Essential Assurance products
• Death benefit in US dollars for ProLife Plus products
• Compensation for death and permanent disability for Proliving Absolute products.
• Compensation for death and additional if died due to an accident for Term Saving Protection products
• Compensation for death due to accident for ProActive Plus products
• Death benefit plus premium refund for life protection products
• Compensation for death due to accident, total permanent disability or as for Manulife Persona Guard products.

The range of life insurance premiums can be found on the Manulife website.

• Manulife Essential Assurance is priced starting from IDR 475 thousand per month.
• ProLife Plus is priced starting at $1.13 per day.
• ProActive Plus is priced starting from Rp. 14,568 per day.
• The Jiwa Proteksi compensation is priced starting from Rp. 300 thousand per month.
• Manulife Persona Guard is priced starting from Rp. 150 thousand per month.

BRI Life

The company, which is managed by Bank BRI, provides the most complete insurance products for the people of Indonesia at affordable premium prices. BRI Life products are divided into several policy options that can be tailored to your profile.

BRI Life Insurance Benefits:

• Death benefits plus unit link and medical check-up fees for life insurance products.
• Compensation for death according to sharia principles for Sharia life insurance products.

The advantages of having BRI Life Insurance:

• High solvency ratio
• The quality of customer service is quite good

The following are some of BRI Life’s life insurance products and their premium prices:

• Micro Prisma Plus is priced at a premium of IDR 50 thousand per year
• Micro Prisma Plus Syariah is priced at a premium of Rp. 50 thousand per year + hospitalization benefit of Rp. 100 thousand per day

BNI Life Insurance

Although relatively new in 2021, BNI Life has been able to enter the list of one of the market leaders of Indonesian life insurance in 2021. This product, one of the best life insurance in Indonesia, is offered through 4 distribution channels, namely Agency, Employee Benefits, Bancassurance , and Sharia .

Since 2014, BNI Life has officially become a joint venture life insurance company with PT Bank BNI (Persero) Tbk.

BNI Life Insurance Benefits:

• Compensation for death either due to accident or not

Advantages of BNI Life Insurance:

• Various insurance products
• Cheap insurance premiums
• Insurance benefits tailored to your needs

BNI Life life insurance products and their premium prices:

• Optima Cash Plan: The premium price is adjusted to the age of the insured, the plan, and additional benefits taken, including the number of participants.
• Optima Group Health: Depends on the number of employees and additional benefits taken.

Simas Jiwa Insurance

Simas Life Insurance is a subsidiary of the Sinar Mas Group. Simas Life Insurance has four types of products, namely individual life insurance, group life insurance, sharia life insurance, and health insurance.

Individual life insurance products include Smart Investa Link, Simas Maxi Pro SiJi Fixed Link, Simas Protection Complete, Simas Jiwa Smart Save, Simas Jiwa Legacy, Simas Dana Pasti, and Simas 1 Link.

Meanwhile, group life insurance products include DPLK, Credit Life Insurance, Natural Death Insurance, Savings Life Insurance, Group Term Life Insurance, and Group Personal Accident Insurance.

Regarding sharia life insurance products, among others, Simas Investa Link Syariah, Simas Maxi Pro Syariah.

The advantages of Simas Life Insurance are:

• high solvency ratio so that default is very rare
• Guaranteed high investment value
• Lots of product choices

Astra Life Insurance

The next best life insurance in Indonesia is Astra Life, a subsidiary of PT Astra International Tbk, PT Sedaya Multi Investama and Astra International Cooperative. Astra Life Insurance provides protection products and services needed by the people of Indonesia.

One example of Astra Life’s products is Flexi Life which provides protection starting from 1 year. Flexi Life is processed online, from the buying process to the existing claims.

Flexi Life also has a simulation application with technology that can calculate the projected premium amount.

Sun Life Financial Indonesia

Sun Life Financial Indonesia has a superior life insurance product, namely Sun Safety Life.

This product provides an all in one solution with the following benefits:

Benefit:

• Provides protection against 5 risks of life at once through the following benefits:
• Compensation Died due to any cause.
• Additional Compensation for Death due to Accidents and Accidents in Public Transportation.
• Critical Illness Compensation; and
• Permanent Total Disability Compensation.
• Provides a Premium Return Benefit (ROP) of 50% of the premium that has been paid every 5 years, regardless of whether or not the customer has submitted a claim.
• Available in 2 benefit packages to suit your protection needs.
• Affordable premiums start from IDR 8,000 per day.
• Easy and fast application process without health check.

Terms & conditions:

• Currency: rupiah
• Entry age:

• Police Owner: 18 – 80 years old
• Insured: 30 days – 60 years

• Police Period: 1 year, can be extended until the Insured reaches the age of 75 years.

Sequis Life Insurance

Sequis Life has one of the best family life insurance products in Indonesia, namely Q Smart Life New Gen Insurance.

Benefit:

• Provides life protection to help your family well-being until you are 100 years old.
• Affordable premiums with benefits up to billions of Rupiah.
• The premium payment period is flexible, namely 5, 10, 15 or 20 years.
• No need to pay a lifetime Premium for lifetime coverage.
• Can be combined with Additional Insurance that can be tailored to your needs.
• Guaranteed cash value

Panin Dai-ichi Life

Panin Dai-ichi Life is a life insurance company with a variety of superior products for both conventional and sharia insurance.

Products available include:

• Panin Life Care
• Panin Lifevestlinked
• Premier Multilinked Insurance
• Premier Maxilinked Insurance
• Preferred Life
• SPRY
• Smart Protection Supplies

For those of you who want to know a complete comparison of other types of insurance in Indonesia, you can simply click on Products and select what type of insurance you want to compare. Risdosagalavsjilong has a wide range of insurance products at affordable premium prices.

Don’t forget to keep following this blog so you don’t miss other interesting articles only at risdosagalavsjilong.blogspot.com.

Sinarmas Insurance: Products, How to Check Balance, How to Claim, etc

Sinarmas Insurance: Products, How to Check Balance, How to Claim, etc

Take the place, Do Ahat Is Your Obligation    Januari 14, 2022    Comment   

Sinarmas Insurance is a general insurance service company with a variety of products and benefits that you can consider if you are currently planning to have insurance. Moreover, this insurance is under the auspices of the Sinarmas Group, which of course has a good reputation.

Check out more information about Sinarmas Asuransi, ranging from products, benefits, how to claim, how to check balances, and more below!

What is Sinarmas Insurance?

PT Asuransi Sinarmas started operations on May 27, 1985 under the name PT Asuransi Sinarmas Dipta. In 1991, this insurance changed its name to Sinarmas Insurance—also known as Simas Insurance—until now.

In order to expand its business reach, Sinarmas Asuransi collaborates with several companies such as Munich, Switzerland, Hannover, Tugu, National, Marein, and others. Currently, Asuransi Sinarmas has 1 head office, 33 branch offices, 1 Sharia branch office, 71 Marketing offices, and also 107 marketing points .

Sinarmas Insurance Products

As a general insurance company, Asuransi Simas offers a variety of insurance products, which are as follows:

1. Health and Accident Insurance

The first insurance product is health and accident insurance. As the name implies, this insurance has the benefit of protection against various risks related to health and accident incidents.

The insurance products they have include:

• Simas Healthy Gold
• Simas Sehat Executive
• Seamus Healthy Income
• Simas Personal Accident

2. Car Insurance

Meanwhile, for those of you car owners who want to insure their vehicles, Sinarmas has car insurance products that consist of 2 types, namely:

• Comprehensive (All Risk)
• Total Loss Only (TLO)

3. Guarantee Insurance

Asuransi Simas also provides insurance products at business people and other business people. This insurance is called underwriting insurance.

The guarantee insurance products offered include:

• Credit Insurance
• Trade Credit Insurance
• Bid Bond
• Performance Bond
• Advance Payment Bond
• Maintenance Bond
• Custom Bond
• Excise Bond
• Cons of Bank Guarantee

4. Liability Insurance

The next insurance product is Liability Insurance. There are several types of liability insurance, namely:

• Comprehensive General Liability
• Directors and Officers Liability
• Product Liability
• Public Liability
• Workmen’s Compensation

5. Simas Engineering Insurance

Simas Engineering Insurance is designed to provide protection against the risk of loss in engineering-related activities such as the construction of office buildings, factories, roads, bridges, dams.

The protection in question is financial guarantee so that technical work is not disturbed even though there is damage or loss of the object of coverage.

6. Property Insurance

Asuransi Simas also offers protection against property insurance, ranging from houses, shop houses, to office buildings from various risks of damage due to factors such as natural disasters, fires, and riots.

Its insurance products include:

• Saving House Simas ++
• Simas Ruko
• Property All Risks
• Industrial All Risks
• Business Interruption
• Growing Trees Insurance
• Riot and Riot Insurance

7. Terrorism and Sabotage Insurance

One of the advantages of this insurance is the existence of terrorism and sabotage insurance products. As the name implies, this insurance provides protection against the risk of loss caused by acts of terrorism or sabotage.

8. Transportation Insurance

Transport insurance provides protection against loss or damage to goods when transported by ship. This insurance is divided into 3 (three) types, namely:

• Marine Cargo
• Marine Hull
• Simas Ship

9. Aviation Insurance

This Simas Insurance product is intended to provide guaranteed protection for aircraft repair and maintenance costs.

10. Satellite Insurance

Satellite insurance is an insurance product that guarantees protection against losses experienced by a company that launches a satellite.

This satellite insurance coverage guarantee includes:

Launch preparation
Satellite ignition at launch
An agreed-upon orbit

11. Micro Insurance

Another insurance product from Asuransi Simas is micro insurance. This insurance includes:

• Farmer Simas
• Simas Protection
• Micro Healthy Simas
• Micro Student Simas
• Simas my house

12. Sharia Insurance

For those of you who are looking for Sharia-based insurance, Sinarmas Asuransi also has Sharia insurance products with the following mechanisms:

• Tabarru contract
• Tijarah contract
• Wakalah bil Ujrah contract
• Mudharabah contract

13. Other Miscellaneous Insurance

There are many other insurance products owned by Sinarmas Asuransi, which include:

• Simas Hole in One
• Simas Pet Insurance
• Simas Bike
• Simas Ticket Cancellation
• Banking Simas
• Money Insurance
• Golf Indemnity
• Plate Glass
• Burglary
• Cell phone insurance

Sinarmas Insurance Premium Cost

The amount of Sinarmas insurance premiums varies, depending on the insurance product and benefit coverage you choose.

Sinarmas Insurance Participation Terms

In order to become a Sinarmas insurance participant, there are three requirements that you must fulfill:

• Minimum age 1 month and maximum 59 years or 75 years for renewal
• Prepare personal identity in the form of photocopies of ID cards/KITAS and attachments of examination results
• Fill out the Simas Insurance participant registration form

How to Buy a Sinarmas Insurance Policy

How to buy a Sinarmas insurance policy can be through an insurance agent, or come directly to the head office or branch. In addition, you can also buy insurance policies through the Sinarmas Online application.

How to Claim Sinarmas Insurance

If you want to claim Lippo insurance benefits, there are four ways you can do it, namely:

• Through Sinarmas Online Insurance
• Ask a telemarketing agent for help
• Asking for help Customer Service
• Come directly to the branch office

How to Check Sinarmas Insurance Balance

There are two ways that customers can check Sinarmas insurance balances, namely:

• Via the official Simas Insurance website
• Contact customer service
• Visiting the head office and branches

That’s the information about Sinarmas Insurance that you need to know. Hope it is useful!

Don’t forget to keep following this blog so you don’t miss other interesting articles only at risdosagalavsjilong.blogspot.com.

Home Fire Insurance: Recommendations, Types and Tips for Choosing It!

Home Fire Insurance: Recommendations, Types and Tips for Choosing It!

Take the place, Do Ahat Is Your Obligation    Januari 14, 2022    Comment   

Fires in homes certainly provide a large amount of material loss. Furnishings, electronics and the house itself were burned to the ground. Even though the possibility of a house experiencing a fire is very small, it’s a good idea to protect your home with a good choice of home fire insurance products. Let’s see a complete discussion of the best home insurance in this article!

Get to know Home Fire Insurance

Home fire insurance is a type of insurance that will pay compensation and costs for damage to homes and property insured as a result of a fire.

Insurance services usually cover small and large fire events that occur at an unwanted place and time and are destructive and detrimental.

In addition to covering compensation and the cost of damage to buildings, you can also get compensation for the property in it which is included in the insurance policy.

If the house that is covered is consumed by fire, then you as the insured can also get temporary accommodation dependents while the house is repaired accommodation.

In addition, home fire insurance will also compensate for the death of the insured to the property of the household assistant.

Types of Protection from Home Fire Insurance

House fires can occur due to many causes, including flames, lightning and thunder strikes, explosions, and even plane crashes.

Well, the existence of fire insurance will be very helpful when the disaster occurs.

Fire insurance will also cover losses for fires that occur due to personal carelessness or the intentional and unintentional nature of other parties.

In addition to coverage for the risks described previously, home fire insurance also extends its protection against a number of risks as follows:

• Riots and chaos;
• Terrorism and sabotage;
• Collisions on buildings due to being hit by a motor vehicle;
• Damage to plumbing systems and household water equipment;
• Demolition by force and force both into and out of the building;
• Bencana Alam;
• etc

9 Best Home Insurance in Indonesia

Here are some of our selected best home insurance product recommendations:

1. Allianz Utama Indonesia Insurance

Of course, all of you already know about Allianz with the various trusted insurance products they provide. Now for homes, you can use RumahKu Plus Houseowner insurance.

The protection provided is as follows:

• Buildings (walls, roofs, floors, garages and fences)
• Electronic equipment
• furniture

2. AXA Insurance

AXA also has a good and reliable home fire insurance option, namely AXA SmartHome. The main advantage of this type of insurance is that the insurance company will find a temporary place to stay until AXA reimburses the accommodation costs.

The protection provided is as follows:

• Building
• Household furniture

3. BCA General Insurance

BCA claims that the premium cost for their fire insurance product is cheaper than other insurance products. Another advantage is the fast disbursement process without a survey (terms and conditions apply).

The protection provided is as follows:

4. Sinarmas Insurance

Simas’ fire insurance product is Simas Rumah Hemat. The protection provided is very complete when compared to other home insurance products.

The protection provided is as follows:

• Temporary housing costs
• Cost of treatment
• Building compensation costs

From the advantages above, you have to research again carefully what the terms and conditions are!

5. Adira Insurance

There is no need to question the reputation and quality of the insurance provided by Adira. Adira has an insurance product called Residential Insurance. You can choose between the 2 packages provided, namely the maximum and standard packages. The difference is how much risk is borne.

6. Chubb Sharia Insurance

If you want to get a sharia home insurance product, then we recommend choosing Chubb. There are 3 types of home insurance, namely fire insurance, earthquake insurance and property insurance. The coverage provided by Chubb insurance covers building, furniture loss and much more .

7. Etiqa Flexas

Flexas products from Etiqa protect homes from the risk of fire, lightning strikes, explosions, falling airplanes and smoke. The benefits provided are also very complete such as the cost of cleaning debris, building costs and much more. Premium fees are also very cheap starting from IDR 350 thousand per year!

8. BRINS Property Insurance

BRINS or better known as BRI Insurance can also be your choice when looking for property insurance.

There are 3 product options that you can choose from, namely the Bronze, Silver, Gold and Premium packages.

Some of the benefits that you can get are dependents for the risk of PSAKI (fire), death benefits and coverage for hospitalization costs.

9. Abda

For home insurance, you can also entrust Abda Insurance. Guarantees maximum protection for the house which includes damage to the building and the items in it. The type of protection provided by All Risk covers losses due to natural disasters, damage, robbery, and terrorism.

Tips for Choosing Home Insurance

Understanding Police Content

An insurance policy contains all agreements regarding rights and obligations between you and the insurance company. So, it is important to read in detail every article in the policy. The most crucial part lies in the overview which contains the insured’s personal data, complete data of the policyholder, the sum insured, the scope of coverage, insurance period, additional costs, and premiums.

Claim Procedure

To apply for reimbursement, you must go through a claim process. Each insurance company has its own claim process. Make sure the procedure is clear and structured. Generally, claims are made by filling out an application form. If eligible, the form will get approval. However, if you do not meet the criteria, you will have to re-submit the application.

Choose Products According to Needs

Each company offers a variety of different home insurance products. There are companies that only provide protection from fire, there are only natural disasters. In addition to product facilities, you must also pay attention to compensation.

Compare Premiums and Sum Insured

Premium is the amount of mandatory monthly deposit from the insured. While the insured value is the nominal amount of money that will be received after the claim submission is approved. When choosing home insurance, make sure the amount of coverage you get is in accordance with the premium paid.

The Importance of Having Home Fire Insurance

Fire is a disaster that comes very suddenly and is very difficult to anticipate in advance.

This disaster can not only score the building, but also the property and securities in it. Especially when you are far from home during a fire, your possessions and valuable papers may not be saved.

Well, by having fire insurance, the financial losses you experience can be minimized because they are covered by the insurance company. That’s why fire insurance is a necessity that must be owned by all people.

In fact, fire insurance is also very beneficial for entrepreneurs because it can insure all losses related to their business.

If you are interested in buying a home fire insurance product, don’t forget to study the offers, benefits, and policies. The reason is, the coverage of a home fire insurance policy can be different for each insurance provider.

By carefully studying the coverages and exclusions of home fire insurance, you will get the best and most suitable home protection for your needs.

Don’t forget to keep following this blog so you don’t miss other interesting articles only at risdosagalavsjilong.blogspot.com.

ETiQa Insurance: Products, Benefits, How to Claim, How to Stop, etc.

ETiQa Insurance: Products, Benefits, How to Claim, How to Stop, etc.

Take the place, Do Ahat Is Your Obligation    Januari 12, 2022    Comment   

eTiQa Insurance is a general insurance service company with a variety of insurance products that you can choose for the best financial protection, both for yourself and your beloved family.

Find out more about this provider general insurance , from products, benefits, to requirements to become an insurance participant and others below!

What is eTiQa Insurance?

ETiQa Insurance is a general insurance company under the auspices of Maybank Group. In its country of origin, namely Malaysia, the company, which started operating in 2005, has two subsidiaries, namely eTiQa Insurance Berhad and eTiQa Takaful Berhad.

In its development, eTiQa has expanded its business to a number of countries in Southeast Asia, including Indonesia. As of 2017, the Maybank Group acquired PT Asuransi Asoka Mas which was followed up by changing the company name to PT Asuransi eTiQa Internasional Indonesia and having obtained a business license from the Financial Services Authority (OJK) with the number KEP-119/NB. 11/2019.

ETiQa Insurance Products and Benefits

As explained earlier, eTiQa as a general insurance company has a variety of insurance products that you can choose according to your needs. The insurance products in question are as follows:

1. Car Insurance

Car insurance is a product that is intended to provide protection for vehicles. For car insurance, there are 2 (two) kinds of protection benefits offered, namely:

• Insurance benefits for repairing car damage without a physical check first
• Taxi allowance benefits as long as the car is repaired at the workshop (maximum 3 days)

2. Property Insurance

eTiQa Indonesia also has property insurance products that you can choose to provide protection for property assets such as houses, shop houses, buildings, and so on. The benefits include:

• Coverage for fire damage costs
• Additional benefits in the form of property damage coverage due to natural disasters (floods, earthquakes, etc.)

3. Personal Accident Insurance

As the name implies, personal accident insurance provides insurance coverage for the risk of accidents. The benefits of this insurance are as follows:

• Coverage for hospital care costs when you have an accident
• Insurance policies can be applied worldwide

4. Travel Insurance

For those of you who need travel insurance, eTiQa also offers travel insurance products with benefits in the form of financial coverage for a number of travel-related risks such as:

• Flight delay
• Lost items
• Accident on the way

5. Construction Insurance

This insurance provides protection against risks related to construction activities. The benefits consist of:

• Insurance coverage for losses that occur during the construction process
• The object of coverage is in the form of construction machinery, heavy equipment, and electrical systems

6. Hull Marine Insurance

This insurance is intended to provide protection for marine components against all risks of damage that occur during operation. The benefits provided include:

• Insurance coverage for damage due to bad weather, fire, until the ship sinks
• Insurance coverage for the cost of the rescue or evacuation process in the event of an accident

ETiQa Insurance Premium Price

The price of eTiQa insurance premiums varies, depending on the following factors:

• Selected insurance product
• Profile of the policyholder or the insured (age, occupation, gender, medical history, etc.)
• Type and value of assets to be insured
• Scope of benefits

For more information about the amount of insurance premiums, you can directly contact the call center eTiQa Indonesia, which we will inform you at the end of the article.

ETiQa Insurance Participation Requirements

There are a number of requirements that you must meet so that the registration process runs smoothly and you can immediately become an insurance policy holder so that you can get various benefits.

These conditions include:

• Identity card (KTP/KITAS, etc.)
• Life insurance membership registration form
• Informing savings account

In addition, you must also meet other requirements such as minimum and maximum age. Each insurance product has a different minimum and maximum age. You can ask this directly to the insurance agent or officer call center .

How to Buy eTiQa Insurance

How to buy eTiQa insurance is relatively the same as insurance providers in general, namely you can go through an official insurance agent that has been appointed. In addition, you can also come directly to the branch office or head office.

Make sure to bring complete required documents when you want to buy insurance so you don’t have to go back and forth. That way, you can save time and effort.

How to Pay eTiQa Insurance Premiums

After officially becoming an insurance participant, you are required to pay premiums according to the insurance package that has been selected. There are several choices of premium payment methods, namely:

• Car debit account
• Credit card auto debit
• Virtual Account
• bank transfer

How to Claim eTiQa Insurance

The method of claiming eTiQa Insurance is also not much different from other insurance providers , which are as follows:

• Submit a claim a maximum of 5×24 hours
• Attach the claim requirements document
• The process of verification and review of losses by the insurance company
• If approved, the insurer will cover the loss suffered by the insured

The claim requirements document in question depends on the type of claim. For example, to claim car insurance benefits, the required documents include:

• Claim form
• Insurance policy document attachment
• Driver’s License (SIM)
• Motorized Vehicle Registration Certificate (STNK)
• Motorized Vehicle Owner’s Book (BPKB)
• Insured’s ID card
• Accident Certificate from the Police
• Accident loss report
• Loss Letter (when the car is lost)
• Third Party Claim Letter (if any)

Make sure you complete these documents before submitting a claim so that everything goes smoothly.

How to Stop eTiQa Insurance

For those of you who are already insurance participants and want to quit, here’s how to apply for cancellation or closure of an insurance policy:

• Contact the call center, insurance agent, or come directly to the branch office. Then, convey your wish to close the policy
• Fill in the application form for closing the policy
• Attach a number of required documents such as a claim submission letter, insurance card, identity card, proof of premium payment, and other requirements

eTiQa . Insurance Information Service

The following are some eTiQa insurance information service media that you need to know:

• Call Center: (021) 2926 1801
• Facsimile: (021) 2926 1810
• Email: jakarta@etiqa.co.id
• Headquarters: Indosurya Life Center, 2nd floor, Jl. MH Thamrin No. 8-9 RT 005/01, Kb. Jasmine, Tanah Abang, Central Jakarta, DKI Jakarta 10230

Don’t forget to keep following this blog so you don’t miss other interesting articles only at risdosagalavsjilong.blogspot.com.

Business Insurance: Definition, Benefits, and Types

Business Insurance: Definition, Benefits, and Types

Take the place, Do Ahat Is Your Obligation    Januari 12, 2022    Comment   

Are you worried that your business will suffer financial losses due to unexpected risks? Business insurance can protect your business against the risk of loss, damage, or loss. The following is a complete explanation of the definition, benefits, and types of insurance in business.

What is Business Insurance?

Business insurance is an insurance product that provides protection and risk control for your business. This protection product has benefits such as risk transfer, fundraising, and a balanced premium price.

Generally, this type of insurance is part of general insurance with risk coverage that provides reimbursement due to various risks.

The insurance risk in question includes loss, damage, costs incurred, loss of profit, or legal liability to third parties that may be suffered by the policyholder due to the occurrence of an unwanted event.

Not only that, having insurance can also stimulate business growth and has benefits as savings.

Insurance Benefits in Business

Want to know more about the benefits of having this insurance? Read more.

Compensating for Losses

Business is never separated from the risk of loss. Be it big or small, you must be prepared to bear the impact of these risks.

That is why you should anticipate one of them by having insurance so that the losses you face do not have a very significant impact on your business.

Furthermore, insurance in business can also be useful as a strategy so that the business you run can survive in the midst of the problems you are facing.

That way, your business will be protected from the risk of bankruptcy because later the insurance company will bear the losses suffered by your business.

In other words, if you have insurance, you can secure your financial condition, both your business and personal finances.

Provide Protection

One of the benefits of insurance for business insurance owners is that unexpected events that may arise such as the risk of asset theft, fire, natural disasters, and accidents can be avoided.

That way, you can run your business more calmly without worrying that something will happen that can threaten your business operations.

Minimizing the Risk of Loss

The more your business grows, the greater the risk you have to face. When you want to expand the reach of your business, fear and doubt about risk is often a barrier.

Well, this kind of fear can be minimized if you first protect your business with insurance.

By having insurance, you can reduce your fear of failure and you can have the opportunity to continue to grow your business to the fullest.

Making a Strong Foundation for Business

By having insurance, it means that you have built a foundation because you can anticipate various risks that may occur in the future from business activities. You too can be an entrepreneur who dares to innovate.

The solid business foundation that you have must be maintained by always consistently taking risk prevention. You will also feel the positive impact in the long term if you already have a strong business foundation.

Have a guarantee of delivery of goods

This guarantee and protection for shipping goods is specifically for those of you who run an online business. Delivery is a determining factor for the success of an online business such as Tokopedia Insurance .

If the delivery is interrupted, the product you are selling will most likely not reach the consumer on time and will disappoint the buyer.

As a result, your business is considered not to have a good service system and will have an impact on decreasing the number of sales.

That’s why guaranteeing products by having business insurance is important if you want your business to stay busy with buyers.

By having insurance, shipping risk can be reduced. Including getting protection if the product you send is damaged or lost during the shipping process.

Types of Business Insurance

There are several types of insurance in business. Following are some of them:

Property Insurance

Property Insurance applies to places of business, whether they are self-owned or rented. This type of insurance covers equipment, inventory, signage, and furniture. This type protects your place of business from risks in the event of a storm, theft, and fire.

However, natural disasters such as floods and earthquakes are often not covered by property insurance benefits standard . Especially if the location of your business is in an area that is prone to flooding.

Public Liability Insurance

This insurance is useful to protect your business from claims by third parties in connection with accidents or losses to other people.

For example, if you produce food products and someone gets sick or gets poisoned after consuming your product, then this insurance will provide protection for legal fees.

Workers’ Compensation Insurance

Worker’s Compensation Insurance is useful for protecting your employees which includes medical treatment benefits, disability, and death caused or incurred while your employees are working or related to work in your company.

By having it, insurance benefits for companies such as costs for workers’ compensation can be covered by business insurance.

Business Interruption Insurance

If there is an ongoing disaster that causes business operations to be disrupted, it is likely that you will lose revenue because your staff cannot work and production stops, resulting in decreased sales value.

This type of insurance is then useful to compensate for the disruption to your business.
Examples of Business Insurance in Indonesia

Here are some examples of this type of insurance options in Indonesia that you can have.

Zurich Insurance

Zurich Insurance offers insurance products for your business. One of them is property insurance which protects various important assets in the company, in the form of buildings, buildings, machinery and stock of goods.

If you have employees, you can use Medicillin Health Insurance for company employees in the form of Employee Benefit or Corporate Travel Insurance which is an insurance product that provides comprehensive protection for employees when they are on a business trip.

AXA Indonesia

Business insurance from AXA Indonesia provides the right solution to manage risks effectively, from Micro, Small and Medium Enterprises (MSMEs), to large companies.

The products offered are of four types:

• Health Insurance as health insurance protection for employees
• Protection Insurance as insurance protection for your investment and business from various risks,
• Asset Management in the form of mutual funds as an investment solution with optimal yield potential
• General Insurance in the form of a health insurance protection package for employees

Allianz Indonesia

Allianz also offers business insurance products that you can choose from. One of them is the Allianz UsahaKu product that provides protection for business development that was initiated from the start from all disaster risks, such as fire and natural disasters.

These are some of the reasons you must protect your business with insurance as well as the various types and examples of insurance in business available in Indonesia.

You can also find out more about this insurance through various articles on Risdosagala. Passion for doing business and managing finances!

Don’t forget to keep following this blog so you don’t miss other interesting articles only at risdosagalavsjilong.blogspot.com.

Generali Life Insurance: Products, How to Claim, How to Check Balance, etc

Generali Life Insurance: Products, How to Claim, How to Check Balance, etc

Take the place, Do Ahat Is Your Obligation    Januari 12, 2022    Comment   

People’s need for life insurance is increasing. This is inseparable from public awareness of the importance of having life insurance. Yes, this type of insurance can indeed be a solution for you to get financial stability. There are many life insurance providers in Indonesia, one of which is Generali Life Insurance.

Just like other life insurance companies, Generali insurance offers a variety of life insurance products with their respective benefits. For more details, see the following information, come on !

What is Generali Life Insurance?

PT Asuransi Jiwa Generali Indonesia is a ‘child’ of the Generali Group, which is one of the largest insurance companies in Europe that has been operating since 1831. In Indonesia alone, Generali has been supported by 11 thousand marketing agents and branch offices spread across major cities.

As one of the best insurance companies, Generali Indonesia always strives to provide life insurance products that suit the needs of its customers. Not only that, the company also always provides the best service as evidenced by a number of customer service mediums such as convenience in terms of service by providing various digital services such as iSERVICES, iCONNECT, and iClick.

Advantages of General Life Insurance

Here are a number of advantages of general life insurance:

• Affordable premiums with prices starting from IDR 100,000 per month.
• Easy and fast claim process
• Has many hospital and clinic partners and is spread in almost all parts of Indonesia
• The choice of insurance products varies so that they can be adapted to all needs
• Digital services are available for convenience in filing claims, canceling policies, and so on

Generali Life Insurance Products

For those of you who are planning to have life insurance, Generali Insurance can be an option. As mentioned earlier, this insurance has a variety of products. That way, you can get insurance that really suits your needs.

The life insurance products from Generali are as follows:

1. BRILLIANT

GEMILANG life insurance from Generali is intended for those of you who have just entered their productive age. This insurance can be used as a means of savings that will help you to meet future needs.

GEMILANG Insurance offers various policy packages with relatively affordable premiums. That’s why, this product is suitable for those of you who have just entered the productive age.

The insured will get 100% insurance benefits if he dies. This can also be added with investment benefits (if you choose a policy package that includes investment).

Meanwhile, the final insurance benefit will be given plus the investment value when the insurance period ends and the insured is still alive.

2. Outstanding Scholar

The next product is Cemerlang Scholar. This product provides guaranteed protection for children’s education costs. The advantages of Cemerlang Scholar include:

• Education cost insurance coverage
• Accident Coverage Guarantee
• Affordable premium prices (starting from IDR 108 thousand per month)
• The premium that has been paid will be returned 110 percent as scholarship benefits if there is no claim until the coverage period is over

Meanwhile, the types of benefits that you can get when choosing Cemerlang Scholar insurance are as follows:

• Guaranteed 100 percent sum assured if the insured dies
• Guarantee of 200% sum assured if the insured dies due to a public transportation accident

3. iPANAN

If you are looking for unit-linked life insurance, then Generali has a product called iPLAN. This is a life insurance with a periodic premium payment mechanism which aims to provide protection and investment benefits.

Those of you who choose the iPLAN product will be able to choose various additional insurances, as well as investment instruments with measurable and controlled risks.

In general, the advantages of iPLAN insurance products include:

• Flexibility in determining insurance benefit targets
• Investment facility with a more secure Auto Risk Management System (ARMS)
• Competitive insurance premium
• Additional bonus when the insured is 85 years old

4. Sharia iPLAN

For those of you who want Sharia-based insurance, this Generali life insurance product can be an option.

iPLAN Syariah from Generali Indonesia has 2 (two) benefits, namely:

• Guaranteed survival for the insured’s family
• Waqf institutions as a means of eternal worship that can provide benefits to many people

5. ISALAAM

Apart from iPLAN Syariah, there is also iSALAAM as a Sharia-based life insurance product.

A number of advantages possessed by product life insurance this Generali are as follows:

• Life protection benefits up to 99 years old
• Affordable contribution fee
• Exemption of contribution fees if the insured dies
• Waqf insurance benefits

Generali Life Insurance Benefits

Generali life insurance provides protection for the insured’s family if the insured dies, either due to illness, accident, or other causes.

In general, the benefits of having insurance from Generali are as follows:

• Protecting Heirs
• Ensuring Children’s Education
• Protecting Assets
• Preventing Big Losses

Terms of Applying for Generali Life Insurance

To become a Generali insurance customer, there are a number of requirements that you need to fulfill when registering. The conditions in question are as follows:

• Identity card (KTP/KITAS, etc.)
• Life insurance membership registration form

In addition, you must also meet other requirements such as minimum and maximum age. For this, each product has different conditions. You can ask this directly to the call center or come directly to the branch office.

How to Buy Generali Life Insurance

How to buy Generali life insurance can be through an insurance agent that has been appointed, or you can also come directly to the branch or head office. Make sure you meet the requirements before buying insurance, yes.

How to Pay Generali Life Insurance Premiums

In order to get the benefits according to the selected product, you must pay an insurance premium in accordance with the applicable provisions. Generali itself provides a number of choices of insurance premium payment methods, namely:

• BCA account debit card
• BCA credit card debit card
• BCA Virtual Account
• Transfer from BCA ATM
• Transfer from another bank

How to Check Generali Life Insurance Policy

There are times when you want to check the status of the policy, Generali Indonesia presents a digital policy check service. This of course aims to make it easier for you to check anytime and anywhere.

How to check the Generali insurance policy, namely through:

• iCLICK
• iCONNECT
• iServices

How to Claim Generali Life Insurance

How to submit a Generali insurance claim is to attach a number of required documents in accordance with the provisions set by the insurance company. Documents in question such as death certificates, identity cards, and so on.

Submission of required documents is a maximum of 60 days, starting from the death of the insured. After that, you have to wait for the verification process which usually takes approximately 14 working days. If approved, the funds will be directly transferred to the account of the heirs.

How to Quit Generali Life Insurance

Well, if you intend to stop being a participant, then the way to stop is as follows:

• Contact the call center, insurance agent, or come directly to the branch office. Then, convey your intention to close the policy
• Fill out the policy closing form
• Submit required documents such as letter of claim submission, insurance card, identity card, proof of premium payment, and other requirements

That’s the information about Generali life insurance that you need to know. Hopefully useful, yes!

Don’t forget to keep following this blog so you don’t miss other interesting articles only at risdosagalavsjilong.blogspot.com.

Insurance Law in Indonesia: Terms, Purpose, and Types

Insurance Law in Indonesia: Terms, Purpose, and Types

Take the place, Do Ahat Is Your Obligation    Januari 12, 2022    Comment   

Maybe some of you still don’t know the explanation of the law that regulates insurance activities in Indonesia. Knowing in general the Insurance Laws and Laws (UU) is very important to avoid feeling disappointed or feeling disadvantaged due to insurance benefits that are not in line with expectations. Before deciding to buy insurance, consider the following discussion of the insurance law applicable in Indonesia.

What is Insurance Law?

According to the provisions of Article 246 of the KUHD, insurance is an agreement that binds the insurer and the insured. The insurer will receive a premium to be later paid to the insured as a form of compensation for loss, damage or loss of profits as a result of an uncertain event.

Previously, the Law on insurance was regulated in Law No. 2 of 1992 dated February 11, 1992 concerning Insurance Business. On October 17, 2014, the Government of the Republic of Indonesia revoked the Law and issued Law no. 40 of 2014 concerning insurance.

The latest Insurance Law outlines the provisions between the agreement between the insurance company and the policyholder, which form the basis for the acceptance of premiums by the insurance company in return for:

• Provide reimbursement to the insured or policyholder due to loss, damage, costs incurred, lost profits, or legal liability. Losses that may be suffered by the insured or the policy holder may occur due to an uncertain event; or
• Providing payments based on the life of the insured with benefits whose amount has been determined or based on the results of fund management.

The law also explains in more detail about the insurance business, both conventional and sharia, the term insurance , the parties involved in the insurance business (the insured and the insurer), and when the insurance takes effect and when the insurance can be cancelled.

In addition to Law no. 40 of 2014, the insurance legal system in Indonesia is also based on the principle of interest as regulated in Articles 250 and 268 of the KUHD. In essence, every interest can be insured, whether material or interest.

• Article 268 provides limitations on interests, namely they can be valued in money, can be threatened with costs, and are not excluded in the Act.
• Article 250 of the KUHD stipulates that the element of interest that can be insured must be present at the closing of the insurance agreement. Without an element of interest, the insurer is not obliged to provide compensation.

Other important matters regarding insurance law can be summarized as follows:

• It is an agreement that must comply with Article 1320 of the Civil Code. The agreement is adhesive, which means that the contents of the agreement have been determined by the Insurance Company (standard contract).
• There are two parties to it, namely the insurer and the insured. However, it can also be agreed that the insured is different from the one who will receive the dependent.
• The existence of a premium as evidence that the insured agrees to an insurance agreement.
• The existence of an insurance agreement results in both parties being bound to carry out their obligations.

When is the insurance valid and when can the insurance be cancelled?

In practice, insurance takes effect from the issuance of a temporary contract agreement by the insurance company.

After the insured signs the contract, the insurance company is required to issue a policy as regulated in article 255 of the KUHD. The policy also includes the premium to be paid and other conditions.

However, in the process, either the insurer or the insured has the right to cancel the contract agreement if it does not meet the conditions listed in Article 1320 of the Civil Code.

The validity of the agreement between the insured and the insurer is determined by the agreement between the two parties to bind themselves, the competence in making an alliance, a particular subject matter, and a cause that is not prohibited.

If you do not meet these conditions, then the insurance agreement can be canceled. In addition to article 1320 of the Civil Code, there are several legal grounds that can cancel an insurance agreement:

• Article 251 of the KUHD, if the insured provides incorrect data or lies about himself to the insurance company and the company knows it.
• Article 282 KUHD, if there is a fraud, dishonesty, or other ingenuity committed by the insured.
• Article 272 of the KUHD contains a provision that the insured can release the insurance company from all its obligations.
• Article 269 of the KUHD contains losses that were not previously stated in the signed agreement.
• Article 599 KUHD, the object of coverage according to the laws and regulations may not be traded.

Insurance Type

In the insurance law that applies in Indonesia, there are several types of conventional insurance, one type of insurance is added, namely sharia insurance. Here is the explanation.
Loss Insurance

Loss insurance is a type of insurance that provides protection against financial losses due to a dangerous event. Loss insurance is usually for certain objects which include:

• Motor Vehicle Insurance
• Property Insurance
• Personal Accident Insurance
• Credit Insurance
• Money and Property Insurance

Life insurance

Life insurance is a type of insurance that aims to cover a person or family against unexpected financial losses due to the death of the insured. Some companies of the best life insurance in Indonesia include Prudential, Manulife, and many more.

• Term Life Insurance
• Lifetime Life Insurance
• Unit Link Insurance

BPJS Health

BPJS Health is a public legal entity established to administer the health insurance program as referred to in Law Number 24 of 2011 concerning the Social Security Administering Body. The presence of BPJS Kesehatan has a central role in realizing the national social security system in the health sector.

This is because BPJS Kesehatan has fundamentally made improvements to the health financing system, which is currently still dominated by out-of-pocket payments , leading to a more organized financing system based on social health insurance.

BPJS of Employment

BPJS Ketenagakerjaan is a public legal entity that provides protection to all Indonesian workers in both the formal and informal sectors and foreigners who work in Indonesia for at least 6 months.

Sharia Insurance

Sharia insurance appears to meet the demand of people who want to continue to use sharia principles in insurance. In Law No. 40 of 2014, sharia insurance means a collection of agreements consisting of agreements between sharia insurance companies and policy holders and agreements between policy holders, in the context of managing contributions based on sharia principles to help and protect each other by:

• Provide compensation to participants or policyholders due to losses, damages, costs incurred, lost profits, or legal liability to third parties that may be suffered by participants or policyholders due to the occurrence of an uncertain event, or;
• Providing payments based on the participant’s death or payments based on the participant’s life with benefits whose amount has been determined and/or based on the results of fund management.

Insurance Purpose

Some of the best insurance companies in Indonesia such as Prudential, Manulife, Sinarmas, and Simas Jiwa offer a variety of insurance benefits (protection in the form of insurance). However, the purpose of insurance their remains the same, namely:

As a Risk Transfer Tool

The transfer of risk is submitted by the insured to the insurer. In other words, the customer shares the risk with the insurance company.

By paying a premium, the insured transfers the risk of losses that may occur in the future to the insurer. After receiving the premium payment, the insurance company automatically takes over the burden of the insured’s risk.

Paying Indemnity

Continuing the first point, the insurance company has the right to pay compensation for the insured in accordance with the provisions in the policy. This compensation payment is made by the insurance company after receiving a claim from the insured.

After the assessment process is complete, the insurance company is required to pay compensation to the customer.

Paying Compensation

Based on the insurance law stated in the law, this insurance is mandatory because of the contractual agreement between the insured and the insurer.

Insurance companies are required to protect their customers from threats that may result in death or permanent disability.

For example, if a customer experiences an accident that results in disability so that he cannot earn a living for his family, the insurance company will provide a certain amount of money to the customer who has paid the premium. This is in accordance with the provisions in the policy through an insurance agent.

Prioritizing Customer Welfare

In insurance, if one member (customer) experiences an adverse event or even ends in death, the insurance company must pay a certain amount of money to the member.

In the payment of compensation by insurance companies, the principle of subrogation is regulated in Article 1400 of the Civil Code where the reimbursement of the rights of the debtor (the insured) by a third party (the insurer/insurance party) occurs either by approval or by law.

Insurance Law in Islam

In Islam, buying and selling must meet several elements and conditions, namely the contract, the seller, the buyer, and the goods being traded. In addition, there must also be agreement from both parties, the object of sale is not illegal or unclean goods, and does not contain usury.

Based on that there are some who think that insurance is haram. In conventional insurance, the object being traded can be said to have no form. Then, the management of premiums from customers by the company is usually less transparent. While in Islam, the management of these funds must meet the requirements as mentioned in the previous paragraph.

Sharia Insurance Law

Sharia insurance answers the needs of Muslims who want to get protection based on Islamic principles and principles so that they do not violate religious sharia.

The sharia insurance company only functions as a manager of the participant’s fund contributions. The context of sharia insurance is raising funds, not buying and selling as in conventional insurance.

The goal is to help fellow participants in need. so that the contributions of funds that have been deposited are considered as grants. As for Islamic insurance, which contains investment, fund management, and investment, it aims to share the profits equally. Investment in sharia insurance is also ensured that it does not contain usury, gharar, and maisir.

Summarized, the following is a brief explanation of sharia insurance law:

• Protection is managed according to sharia
• Element please help in contributions or tabarru funds’
• The accumulated grant funds are used for good
• Share the risk and profit
• The form of muamalah (human relations as social beings) in financial management
• Disputes are resolved by prior consultation

Thus, once you know and understand the law contained in the Insurance Law, you don’t have to worry anymore if you feel aggrieved because this legal basis has explained in detail the company’s obligations and customer obligations. This is intended so that both parties get their rights fairly.

several types of insurance in accordance with those regulated in the Act, such as Life Insurance Health Insurance , , and Car Insurance You can buy through the Risdosagala website. Of course, first look at the insurance policy offered before buying. yes. Come on, explore insurance products at Risdosagala.

Don’t forget to keep following this blog so you don’t miss other interesting articles only at risdosagalavsjilong.blogspot.com.

Occupational Accident Insurance: Definition, Options and How to Claim

Occupational Accident Insurance: Definition, Options and How to Claim

Take the place, Do Ahat Is Your Obligation    Januari 12, 2022    Comment   

The risk of accidents at work is unavoidable. Therefore, having work accident insurance can be a solution in providing sum assured or death compensation if the insured employee has an accident while working or on the way to work. Here’s the full explanation.

Getting to know Work Accident Insurance

Work accident insurance or work accident insurance is insurance that is intended for workers or employees of a company. This insurance will provide sum assured or death benefit if the employee (policy holder) has an accident at work or on the way to work.

Meanwhile, as reported by the official BPJS Employment website, the Work Accident Insurance provides protection for the risks of accidents that occur in an employment relationship, including accidents that occur on the way from home to work or vice versa and diseases caused by the work environment .

You can get work accident insurance by having BPJS Employment. BPJS Employment is a social insurance that provides protection to all Indonesian workers, both formal and informal sectors and foreign workers who work in Indonesia for at least six months.

The risks covered by this type of insurance are as follows:

1. Risk of Death

Risks arising from work accidents where the insured or insurance participant dies.

2. Risk of Permanent Disability

The risk of permanent disability is also one of the risks borne by the insurance provider during the insurance period.

3. Risk of Disability is not Permanent

If an occupational accident insurance participant experiences the risk of temporary disability caused by a work accident that occurs, then he or she is also entitled to benefit from this risk.

4. Risk of Medical/Doctoral Treatment/Hospital Costs

The insurance company will also bear the risk of medical expenses or care for insurance participants who have a work accident.

Work Accident Insurance Benefits

The benefits of insurance this include protection against the risk of Work Accidents from traveling to, returning, and at work, as well as business trips. In addition, policyholders will also get unlimited treatment according to their medical needs.

Not only for policyholders, families will also receive compensation for wages, death benefits, and scholarship assistance for two children. Educational scholarships for two children of participants who die or have permanent total disability due to work accidents, a maximum of Rp. 174 million.

For Indonesian migrant workers, specific benefits will be obtained:

1. Health services due to work accidents (JKK) until recovered without cost restrictions.

2. Indonesian Migrant Workers who are proven to be at risk of accidents, acts of violence and rape are given medical treatment until they are cured without any cost restrictions.

3. Failing to leave is not due to the fault of the Prospective Indonesian Migrant Workers in the amount of Rp. 7.5 million.

4. Reimbursement of transportation costs:
A. Land, river, or lake transportation is a maximum of IDR 1,000,000.
B. Sea transportation is a maximum of Rp. 1,500,000.
C. Air transportation at a maximum of IDR 2,500,000.
D. If using more than 1 (one) type of transportation, then a reimbursement of the cost of the sum of the costs of each transportation used with a maximum of each type of transportation will apply as referred to in letters A, B and C

5. Disability compensation:

A. In case of total permanent disability: IDR 100 million.
B. Periodic compensation for permanent total disability of Rp. 4.8 million (paid at once).
C. If you have a partial anatomical defect: % of disability table x Rp. 142 million.
D. Partial function disability compensation: % lack of function x % disability table x Rp.142 million.

6. Rehabilitation in the form of assistive devices (Orthese) and or replacement devices (Prothese).

7. Replacement of denture costs of Rp. 3 million.

8. Loss on the actions of other parties during the trip back to the area amounting to Rp10 million.

9. Scholarships for 2 (two) children are paid annually:

• Kindergarten/SD/equivalent IDR 1.2 million.
• Junior high school/equivalent IDR 1.8 million.
• High school/equivalent Rp. 2.4 million.
• Higher education/training Rp. 3 million.

10. Assistance and vocational training are provided to PMI who have a disability due to a work accident.

11. PMI has the right to be given care and treatment in a cooperative health facility due to a work accident and is not returned to Indonesia by the employer.

12. PMIs who are proven to be at risk of acts of physical violence and rape who are returned to Indonesia by their employers are entitled to be given care and treatment at the cooperative health facility.

13. Assistance for PMIs who have been laid off due to work accidents, working period in months:

A. 3 months < 6 months in the amount of IDR 2 million.
B. 6 months <12 months for Rp3 million.
C. 12 months < 18 months in the amount of IDR 4 million.
D. 18 months <3 months before the employment agreement ends amounting to Rp5 million.

14. Replacement of economy class air tickets for the cost of repatriating PMI who has problems and has a work accident with a condition of not dying, a maximum of Rp. 10 million.

Exceptions in Work Accident Insurance

You should know that not all will be covered by Occupational Accident Insurance. Here are the exceptions to this insurance that you should understand.

• Accidents that occur due to intentional or carelessness of the person who insures or the insured.
• Fighting or attempting suicide and committing other criminal acts.
• Some complaints of diseases such as brain disease, mental disorders, or the insured is in a drunken state.
• Pregnancy, miscarriage, childbirth, or other treatment.
• Accidents that occur while the insured is in court, detained, or sentenced.
• Natural disasters such as earthquakes, ocean waves, and volcanoes.
• War or military action from a foreign country or civil insurrection.
• Driving an airplane illegally or without a valid license.
• Nuclear radiation or radioactive contamination.

The Best and Cheapest Work Accident Insurance in Indonesia

For those of you who want to have Work Accident Insurance, here are the recommendations from Risdosagala.

BPJS of Employment

BPJS Employment participation includes Work Accident Insurance. According to PP No. 44 of 2015 concerning the Implementation of the Work Accident Insurance and Death Benefit Program, work accident insurance (JKK) is a benefit in the form of cash and/or health services provided when a participant experiences a work accident or illness caused by the work environment .

The benefits of the JKK program are getting better due to changes in the increase in benefits as regulated in Government Regulation Number 82 of 2019 concerning changes to PP Number 44 of 2015 concerning the Implementation of Work Accident Insurance and Death Benefits Programs. among others:

• Health services (care and treatment), Handling, including comorbidities and complications related to work accidents and occupational diseases
• Compensation in the form of money
• The Return to Work Program is in the form of assistance to participants who experience work accidents and work-related illnesses that have the potential to experience disability, starting from participants entering hospital treatment until the participant can return to work.
• Promotive and Preventive Activities to support the realization of occupational safety and health so as to reduce the number of work accidents and occupational diseases.
• Rehabilitation in the form of assistive devices (ortheses) and/or prostheses for Participants whose limbs are lost or not functioning due to a Work Accident for each case with a benchmark price set by the Government General Hospital Rehabilitation Center plus 40% (forty percent) of this price as well as the cost of medical rehabilitation.
• Scholarship Benefits

The BPJS Employment contribution amount consists of 2% paid by workers and 3.7% paid by employers. The BPJS Employment JHT contribution for non-wage workers is 2% of the wages reported every month.

Simas Personal Accident

In addition to BPJS Employment, if you want to use private insurance you can choose Simas Personal Accident. This product is a type of insurance that provides benefits when the policyholder dies due to an accident during the insurance period.

The insurance company will pay an insurance benefit of one hundred percent of the sum insured until the insurance ends if the insured dies due to an accident at work or at work or within 90 calendar days of the accident occurring.

The types of guarantees provided are:

• Risk of Death due to Accident
• Permanent Disability due to Accident
• Hospitalization costs due to Accident
• Motorcycle Risk Expansion

Simas personal accident provides 5 choices of Sum Insured which consist of:

• Rp10,000,000,-
• IDR 25.000.000,-
• IDR 50,000,000, –
• Rp75,000,000,-
• Rp100,000,000,-

The Insured Candidate Age Limit is 18 to 60 years old.

Takaful Personal Accident Insurance

Takaful Insurance has a product called Individual Personal Accident Takaful. This is a sharia personal accident insurance product that provides benefits in the form of payment of compensation to the beneficiary (heir) if the insured dies or permanent disability (total and partial) due to an accident during the period of policy.

The benefits provided are death compensation, total permanent disability compensation, and partial permanent disability compensation. The advantage of Personal Accident Takaful Insurance is that this insurance is purely sharia insurance which is managed based on sharia principles under the supervision of the Indonesian Ulema Council (MUI).

How to Claim Work Accident Insurance

How to claim work accident insurance may be different for each insurance company. However, in general, what you have to do to file a claim are:

• Report accidents at work as soon as possible before the expiration date
• Write a complete chronological letter of the accident including the time and location of the accident accompanied by photo evidence if any.
• Complete claim requirements documents such as claim forms, identity cards, policy documents, and so on.
• Send the document to the address of the insurance company, either through an agent, by post, or by coming directly to the branch office.
• Wait for the claim process until the sum assured is transferred after the claim is approved.

Having work accident insurance can provide peace of mind for you and your beloved family. Because, if there is a risk, the insurance company will bear the risk.

To get the right work accident insurance product, Risdosagala is ready to help find the best solution. Come on, check out life insurance, car insurance, and health insurance at Risdosagala.

Don’t forget to keep following this blog so you don’t miss other interesting articles only at risdosagalavsjilong.blogspot.com.

How to get a replacement car when you claim insurance

How to get a replacement car when you claim insurance

Take the place, Do Ahat Is Your Obligation    Januari 12, 2022    Comment   

A replacement car is a facility that is much sought after by prospective policyholders. This is because if your car is under repair, the insurance company will give you a rental car for free. Want to get a replacement car facility for free? The following is how to get a replacement car facility when you submit an insurance claim.

Explanation of Replacement Car Insurance

A replacement car is a facility provided free of charge by insurance. However, you should note that not all insurance companies and insurance products provide this facility. For this reason, when you choose an insurance product, read and look carefully at the contents contained in the policy.

When you use insurance with this facility, a replacement car is given a rental status so that it is temporary and will be provided when you submit a car insurance claim . The replacement car provided is also generally equivalent to the car you claim at the repair shop.

Due to its temporary nature, if you pass the specified time limit, you will be considered renting the car and you will be charged an additional rate or fee.

That’s why you should pay close attention to your insurance agreement before claiming insurance that provides this facility. Make sure that your claim is quickly carried out by the repair shop you have chosen so that you can return the replacement car on time.

How to get a replacement car when you claim insurance

A replacement car is not always included in the car insurance package, depending on the agreement stated in your insurance policy. Therefore, it is highly recommended for those of you who want this facility to choose a car insurance that provides replacement cars such as Zurich or car insurance ACA car insurance .

Well, the procedure for getting a replacement car when you make a claim is as follows.

1. Keep the Policy in the Car and Record the Claim Number

Always keep a good copy of the insurance policy in the car drawer and it is also a good idea for you to have a photocopy of your car insurance policy. You have to do this so that the process when submitting a claim to the insurance company’s customer service is easier.
After processing the claim, you will get a claim number or claim ticket. Make sure you have this number to make the process easier and as proof you have made a car insurance claim.

2. Ask the Workshop Partner How Long It Takes to Repair

Partner workshops that have partnered with insurance companies don’t take long to inspect your vehicle and estimate how long the repair process will take.

In addition, you also need to ask about the completion time so that you can predict how long it will take to use a replacement car so as not to exceed the time limit for renting a replacement car.

You also have to consider the situation and condition of the partner’s workshop, whether there are many visitors or whether it can be done right away. If the workshop is busy, then you need to monitor the work process so it doesn’t get delayed or if there are other workshop options close to where you live, you might consider moving the workshop.

3. Read and understand well the procedures and conditions for getting a replacement car

After you find out from the partner repair shop about when your car will be repaired, your next step should be to inform the insurance company about this. This is because insurers generally only want to provide a replacement car if your vehicle has to stay at the repair shop.

The estimated time for repairing the car from this partner workshop will be a requirement to get a replacement vehicle. Currently, insurance companies often compete in this facility because it is the most attractive attraction for customers to buy an insurance product.

In addition, don’t forget to ask how much you have to spend for repairs at the workshop. After that, make a list of spare parts or components that must be replaced and which parts are repaired for completeness making a report to the insurance company.

That’s how to get a replacement car when making a claim. First, you have to make sure that the claim number already exists. Do not put the car into the repair shop before the claim number appears.

This is because the claim number means a work order from insurance which means that your claim process has been approved by the insurance company.

Second, it is worth remembering that insurance companies usually have a requirement to get a replacement car, which is a minimum of two days of processing at the workshop.

Third, you have to make sure that the repair shop can immediately work on your car when it enters the workshop so that it can be finished quickly. Keep in mind that insurance companies usually only give a grace period of five days to lend a replacement car. Beyond that service life, you will be considered renting the car.

Want to have insurance that provides replacement car facilities? Come on, check car insurance at Risdosagala!

Don’t forget to keep following this blog so you don’t miss other interesting articles only at risdosagalavsjilong.blogspot.com.