• maybank
    DIGITAL SOLUTIONS
  • lock
    LOGIN M2U

Quick Link

Contact Us Locate Us Maybank Credit Card Online Banking
id - en
About Maybank Career News & Announcement Apply Online Promotion Digital Solutions

Diverse Investment Selection

A variety of investment selection to meet your needs.  

MORE
dummy-side-banner-1 PRIVILEGE dummy-side-banner-1 PREMIER SYARIAH
Indonesia
Indonesia
BACK
Product SummaryBenefitAdvantagesTerm & ConditionIlustrationAbout Allianz

 

MyProtection Bijak II

MyProtection Bijak II is a Sharia-based life insurance product with periodic contributions that provides a combination of life protection as well as investment with a choice of sub-funds to suit your needs.

Advantages of MyProtection Bijak II

Maximum protection with 13 additional benefit options.
100%* allocation of periodic basis contribution since the first policy year as Investment fund** for potential Investment Value.
Maximum basic life insurance period up to 100 years old.
Using one unit selling and buying price.
Optimal investment opportunities in Indonesia.
Choice of Waqf features.
*Allocation of periodic top up contribution and/or single top up as investment fund is 95%.
**Investment fund to purchase units according to the percentage allocation of contribution to investment based on the policy and according to the choice of the sub fund.

Benefit of MyProtection Bijak II 

  • Death Benefit
    If during the insurance period the insured party dies, then PT Asuransi Allianz Life will pay the death benefit to the beneficiary in the amount of the insurance compensation as stated in the policy data or the endorsement, if any, plus investment benefits in the form of the balance of the investment value in the policy up to with the date the death benefit claim is approved.
  • Investment Benefit
    PT Asuransi Allianz Life will pay this benefit in the amount of the investment value balance contained in this policy in case : 
    1. The Insured Party dies during the Insurance Period, to the Beneficiary; or
    2. The Insured Party lives until the end of the Insurance Period, to Participants; or
    3. The Participant's Policy is canceled, where there is still Investment value left after deducting the Policy Redemption Fee (if applicable) and other obligations (if any) to the Participant.
  • End of Contract Benefit
    If the Insured Party is still alive until the Insurance End Date for Basic Insurance, PT Asuransi Allianz life will pay the Investment Benefit in the form of the entire balance of the Investment Value (if any) to the Participant.

    Each Insurance Benefit will be paid by PT Asuransi Allianz Life after first deducting other obligations (if any).

Allocation of MyProtection Bijak II Contribution 
Contributions that participants or contribution payers (whichever is appropriate) pay will be allocated as investment funds in accordance with the following conditions.

  • Periodic basic contribution will be entirely allocated as an Investment fund for the establishment of periodic basic contribution Investment Value. 
  • Periodic top up Contribution and single top up contribution will be allocated as investment fund for the establishment of top up contribution investment value of 95% of the periodic top up contribution and/or single top up contribution.
  • The contribution allocation provisions mentioned above will be subject to the general policy terms and conditions.

4 Benefit Choices of MyProtection Bijak II

Bijak Investasi
Maximum Investment potential plan protection.
Bijak Edukasi
Protection of the child's education fund plan in the future.
Bijak Pensiun
Future retirement plan protection.
Bijak Proteksi
Maximum protection of lifestyle & assets.
Basic Benefits
100% Life Insurance Compensation + Potential Investment Value (not guaranteed) if the Insured Party dies.*
✓ ✓ ✓ ✓
Additional Benefit Options
Compensation for Death & Total Permanent Disability Due to Accident (ADDB Syariah).

Total Permanent Disability Benefit Due to Illness/Accident (TPD Syariah/TPD Accelerated Syariah).

Medical Assistance Services (Medical Assistance).
-




-


-
 
-




-


-
 
+
or



+
or

+
 
+
or



+
or

+
 

Compensation for 49 Types of Critical Illness (CI Plus Syariah/CI Accelerated Sharia).

- +
or
+
or
+
or
Compensation for 100 Critical Illness Conditions (CI 100 Sharia). - + + +
Daily Cash Benefit at the Hospital (Flexicare Family Syariah). - + - -
Reimbursement of Hospital Treatment Costs (AlliSya H&S Care+). - - - +
Sharing Contribution Exemption Participant/Spouse:

Passed Away (Payor Protection Syariah, Spouse Payor Protection Syariah)

Diagnosed with Critical Illness (Payor Benefit Syariah, Spouse Payor Benefit Syariah).

-


-
+
or

+
-


-
-


-

+ Optional Additional benefits in each protection plan
* Life protection up to the age of the Insured Party 100 years 

Notes :

In the event that you submit to PT Asuransi Allianz Life a request not to impose an elimination period and/or a waiting period (whichever is appropriate) in relation to the additional benefits that you have chosen ("Additional Application"), you, the prospective Insured Party, the prospective Contribution Payer and /or the prospective Contributor Spouse (whichever is appropriate) must meet additional requirements that PT Asuransi Allianz Life will determine in accordance with Our underwriting policy. PT Asuransi Allianz Life reserves the right to refuse an Additional Application submitted in the event that You, the prospective Insured Party, the prospective Contributor and/or the potential Contributor Spouse (as appropriate) do not meet the requirements of Our underwriting policy.

Choice of Waqf Features

Available with the maximum that can be donated:

  • 45% of the value of the Insurance Benefit.*
  • 30% of the investment value balance.*

*) Maximum value of insurance compensation (including Insurance compensation for additional insurance (if any)) and/or investment balance, respectively, at the time the death benefit claim is approved by Allianz.

Notes :

  • The Participant, the insured and the beneficiary must complete and sign the Waqf application Form and Waqf pledge (wa'ad) and submit the form to Allianz.
  • Participants, insured parties and beneficiaries must comply with all terms and conditions stated in the Waqf application form and Waqf promise (wa'ad) or other terms and conditions that will be informed by Allianz and/or the selected waqf institution.
  • When the Insured person dies, and the claim for the death benefit (including additional insurance (if any)) is approved by Allianz :
    1. Insurance compensation and/or investment value donated will be paid by Allianz to the waqf institution chosen by the participant according to the most recent data and/or information recorded in the Allianz system and in accordance with the procedures applicable to Allianz.Insurance compensation and/or investment value donated will be paid by Allianz to the waqf institution chosen by the participant according to the most recent data and/or information recorded in the Allianz system and in accordance with the procedures applicable to Allianz.
    2. The amount of insurance compensation received by the beneficiary is as stated in the Sharia SPAJ or the latest recorded in the Allianz system based on the changes submitted by the participant and Allianz agrees from time to time in accordance with the procedures in force at Allianz;
    3. Total investment value that will be received by the beneficiary is equal to the remaining investment value (after deducting the amount donated). In the event that there is more than 1 Beneficiary, the amount of investment value that will be received by each beneficiary, after being deducted by the amount donated, will be calculated proportionally according to the percentage of insurance compensation for each Beneficiary listed in SPAJ Syariah or the latest recorded in the Allianz system based on the changes that the Participant proposes and Allianz agrees from time to time in accordance with the procedures in force at Allianz.
    4. The waqf application (along with its amendments, if any) that has been approved by Allianz will be included in the policy data and/or endorsement.

Terms and Condition of MyProtection Bijak II

Insured Entry Age 1 month - 70 years old (nearest birthday).
Policy Holder Entry Age Minimum 18 years old (nearest birthday).
Currency Rupiah.
Insurance Period Until the Insured reaches the age of 100 years.
Contribution Payment Period Up to the Insured Age 99 years old.
Contribution Payment Method

The premium payment scheme is periodic premium (Annually, Semester, Quarterly, and Monthly).

Contribution Minimum Periodic Basic Premium:
Annually IDR24,000,000
Semester IDR12,000,000
Quarterly IDR6,000,000
Monthly IDR2,000,000 
Maximum Based on underwriting decision 

The amount of Periodic Basis Contribution cannot be changed (added/decreased)

Minimum Periodic Top Up Contribution :

Annually IDR3,000,000  
Semester IDR1,500,000  
Quarterly IDR750,000
Monthly IDR250,000
Maximum Periodic Top Up Premium 3 times Periodic Basis Contribution

Minimum Single Top Up Contribution

IDR1,000,000

Maximum 

-

Total Premium more than IDR2,000,000,000 
with financial underwriting.

Compensation 

Minimum :
In accordance with the provisions of the minimum multiplier factor for Insurance Compensation

Maximum :
In accordance with the provisions of the maximum multiplier factor for Insurance Compensation.

Maximum Insurance Benefit for children (up to 17 years old): IDR3,000,000,000.

Product Illustration of MyProtection Bijak II

Product Illustration of MyProtection Bijak II
Name of the Insured Party : Jonas
  • Age : 30 years
  • Gender : Male
  • Job Class : 1
  • Fund Choice : Allianz Syariah Rupiah Equity Class B Fund

CONTRIBUTION DETAILS

  • Periodic Basis Contribution : IDR40,000,000
  • Periodic Top Up Contribution : IDR80,000.000
  • Total Contribution : IDR120,000,000
  • Death Benefit :IDR1,000,000,000

Need for a financial plan:

Wealth development protection

Contribution IDR12,000,000
(Regular Basis Contribution IDR40,000,000 + IDR80,000,000 Periodic Top Up Contribution)

Investment Level Assumptions per Year: -1%, 0%, 5%, and 10%

  • If the ***** mark appears on the Investment Value Projection Table ", this indicates that, based on the assumption of the investment level that was set by PT Asuransi Allianz Life, your investment value is not sufficient to pay for the Ujrah specified in the Policy and the Policy will end. You are advisable to always make Contribution payments until the Insured Party is 99 years old so that your Investment Value is maintained and sufficient to pay the Ujrah specified in the Policy.
  • The illustration of the benefits above is based on the assumed level of investment per year from the sub-fund allocation you choose above.
  • The illustration or projection of the Investment Value above is not binding and is not an insurance agreement and is not part of the Policy.
  • The illustration or projection of investment value above is not guaranteed and may change from time to time, depending on the performance of the sub fund selected by you and/or the potential for worsening of investment returns.
  • Investment value is the value of the total basic periodic contribution unit, periodic top up contribution unit and single top up contribution unit that has been formed in the Policy based on the unit price at a certain time.
  • The investment value can be less than the amount of the contribution paid or the portion of the contribution invested.
  • Investment value is not guaranteed, it can increase or decrease depending on the performance of the sub-fund chosen by you and is inseparable from investment risk. The past performance of a sub-fund does not reflect the future performance of that sub-fund.
  • The illustration above has taken into account the Acquisition and Maintenance Ujrah, Insurance Contribution, Ujrah Risk Management Ujrah Administration of Fund Transfer Ujrah, Policy Redemption Ujrah, Contribution Leave Ujrah and Investment Fund Management Ujrah whose frequency and imposition are as stated in Know Ujrah related to your policy.
  • Investment value projection above is only an illustration and does not describe the actual investment performance.
  • Death benefit is life insurance compensation and potential investment value that is given when the Insured party dies during the Insurance period and active policy status.

Benefits illustration of MyProtection Bijak II
Investment rate assumption per year
5%
With a 100% placement in Allianz Syariah Rupiah Equity Class B Fund 
Jonas
30 years, does not smoke
company manager
Child: Dylan, age 5 years

Financial plan requirements:
Protection of children's future education plans

Suitable Package :
Bijak Edukasi  

Total Periodic Contribution :
IDR120,000,000 per year for 20 years
(Regular Basic Contribution : IDR40,000,000 + Periodic Top Up Contribution : IDR80,000,000)

*) Assumed Investment Value formed is not guaranteed and can change at any time according to the investment performance of the Allianz Syariah Rupiah Equity Class B Fund.

About Allianz

About Allianz Group

Allianz is one of the world's largest insurance and asset management providers. Together with customers and sales partners, Allianz is one of the strongest financial communities in the world with operations in 70 countries and supported by 150,000 employees serving more than 100 million individual and corporate customers.

About Allianz in Asia

Allianz has been present in Asia Pacific since 1910 on the coast of China by providing fire and freight insurance. Currently, Allianz operates in 16 countries in Asia Pacific to provide general insurance, life, health and asset management. With more than 36,000 staff, Allianz serves the needs of more than 21 million customers in the region through several distribution channels.

About Allianz in Indonesia

Allianz started its operations in Indonesia with a representative office in 1981. In 1989, Allianz established PT Asuransi Allianz Utama Indonesia, a general insurance company. Furthermore, Allianz entered the Indonesian life and health insurance market, as well as pension fund by opening PT Asuransi Allianz Life Indonesia in 1996. 
In 2006, Allianz Utama and Allianz Life started sharia insurance business. Allianz Health & Corporate Solutions was formed in 2014 to serve the needs of individual and group health insurance. Supported by more than 1,300 employees and a network of more than 34,000 sales professionals as well as bank partners and other distribution channels. Today, Allianz in Indonesia is one of the leading insurance groups in the market trusted to protect more than 8,3 million insured.

PT Asuransi Allianz Life Indonesia is licensed and supervised by Otoritas Jasa Keuangan, and its Marketers hold a license from the Indonesian Life Insurance Association

Important Notes:

  • MyProtection Bijak II is an insurance product issued by PT Asuransi Allianz Life Indonesia. PT Bank Maybank Indonesia Tbk (“Bank”) only acts as a referrer for MyProtection Bijak II.
  • MyProtection Bijak II is not a Bank product, so the Bank is not responsible for any and all claims and risks arising from managing this product portfolio. MyProtection Bijak II is not guaranteed by the Bank and its affiliates and is not included in the scope of the guarantee program objects of the Government of the Republic of Indonesia or Lembaga Penjamin Simpanan (“LPS”). The bank is not responsible for policies issued by PT Asuransi Allianz Life Indonesia. Investment fund management based on the choice of the MyProtection Bijak II sub-fund is carried out by PT Asuransi Allianz Life Indonesia and/or the Investment Manager appointed by PT Asuransi Allianz Life Indonesia and is the responsibility of PT Asuransi Allianz Life Indonesia. The performance of the choice of sub-funds from PT Asuransi Allianz Life Indonesia can be seen in the monthly Fund Fact Sheet report.
  • PT Bank Maybank Indonesia, Tbk is licensed and supervised by OJK & Bank Indonesia.
  • Investments in capital market instruments contain market risk. The performance of the Sub Fund is not guaranteed, unit prices and income from the Sub Fund may increase or decrease. The past performance of Sub Fund options is not an indication of future performance. Full details are in the Fund Fact Sheet.
  • You can learn more about the terms and conditions, including detailed fees and exclusions, in the General Product and Service Information Summary (RIPLAY) and Personal Product and Service Information Summary (RIPLAY) and Policy.
     

PAYDI

Produk Asuransi Yang Dikaitkan dengan Investasi (PAYDI) MyProtection Bijak II is an insurance product. The investment component in PAYDI contains risks. Prospective Policyholders must read and understand the General and RIPLAY Personal Product and Service Information Summary (RIPLAY) before deciding to buy PAYDI. PAYDI's past investment performance does not reflect PAYDI's future investment performance.

Product Summary Information

SEE MORE
  • maybank logo
  • Maybank Indonesia | The Ease of Financial Transactions in Just One Click Away
  • MAYBANK PREMIER
  • Bancassurance
  • MyProtection Bijak II

DIGITAL SOLUTIONS

360 Digital Wealth
M2U ID App
M2U ID Web
Maybank ATM
M2U ID App Features
Promotions
Hello M2U
How to transact
Fees & Charge
Terms & Conditions
Security and Privacy M2U
FAQ

DEPOSITS

Savings Account
Current Account
Time Deposit
Maybank Savings Account Promotions
Fees & Charge
Rates

CREDIT CARD

Apply Now
myTREATS Newsletter
Credit Card Promotion
General Information
Treats Points
Treats Points
Fees and Charges
Insurance Credit Card

LOANS

Mortgage iB
Premier Reward
Mortgage
Multifunction Loan
Multifunction iB
Car Loan
Motorcycle Loan
Fees & Charges
Rates

MAYBANK PREMIER

Debit Premier
Edlink+ConneX
Maybank Premier
Maybank Privilege
Customer Data Update
Maybank RDN - Customer Fund Account
Investment
Maybank KPM Premier
Bancassurance

SHARIA

Desaku Berqurban dan Superqurban
Shariah Wealth Management
Simpanan Syariah
Maybank iB Savings Account Promotions
Hajj and Umrah
Zakat, Infaq & Sadaqah
Sharia Business
Property Financing iB
Car Financing iB
Motorcycle Financing iB
Profit Sharing
Shariah Leaders Forum

OTHERS

Apply Online
Customer Support

Japan Desk
Promotion
Contact Center
News & Announcements
KPM Privilege
Locate Us
Refer a Friend
Fees & Charges
Rates Information
Maybank Basic Credit Interest Rate
Customer Education
External Link
Whistle Blowing
Security Privacy and Policy
Social Media Community Guidelines

ABOUT MAYBANK INDONESIA

Board of Commissioners
Directors
Sharia Supervisory Board
Corporate Governance
Investor Relation
CSR
Structure
Awards

CAREER

Why Maybank
Join Us
Human Capital Awards
Instagram Youtube Facebook Twitter
About Contact Us Site Map
PT Bank Maybank Indonesia Tbk is a Bank licensed and supervised by OJK & Bank Indonesia and LPS. PT Bank Maybank Indonesia Tbk is a guarantee participant in the LPS. The maximum deposit guarantee value per Customer per bank is IDR2 billion. To find out the applicable LPS interest rates, please CLICK HERE

Select Country

  • Indonesia
    Indonesia
  • Malaysia
    Malaysia
  • Singapore
    Singapore
  • Philippines
    Philippines
  • Cambodia
    Cambodia

Please wait a moment...   pre-loader

Enter your username
to start online banking

Login
Forgot username/password?
Don't have an account? Register Here
 

Corporate Online Services