• 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
dummy-side-banner-1 PRIVILEGE dummy-side-banner-1 PREMIER SYARIAH
Indonesia
Indonesia
BACK
Product Summary AdvantageBenefitTerm & ConditionIlustrationAbout Allianz

 

MyProtection Supreme II

MyProtection Supreme II is a unit-linked life insurance product with periodic premium payments that provide protection for the insured until the age of 100 while also serving as an investment with a variety of investment sub-funds available in accordance with demands.

Advantages of MyProtection Supreme II

1 Policy for protection during productive age and potential investment value during old age.
105%* allocation of Periodic Basic Premium as Investment Fund since the 6th Policy Year onwards for potential Investment Value**. More info 
Premium Allocation Rupiah Dolar AS
1st Year 60% 60%
2nd Year 90% 90%
3rd Year 100% 100%
6th Year, etc 105% 105%

 

Using one price in buying and selling Units.
Potential for long-term reduction in insurance costs for the maximum potential investment value***.
A Persistence Benefit Bonus of 50% of the Periodic Basic Premium is available at the end of the 5th Policy year*****.
Optimal investment opportunities in Indonesia, Asia Pacific & global markets.
*Specifically for allocation of Periodic Top Up Premium and/or Single Top Up Premium as an Investment Fund of 95% of the Periodic Top Up Premium and/or Single Top Up Premium.
**Investment Fund to purchase Units according to the percentage of premium allocation on investment based on the Policy and according to the choice of Sub Funds.
***Potential reduction in Life Insurance Costs is not guaranteed and based on whichever is greater, between the Life Coverage Value or 6 times the value of the annualized Periodic Basic Premium, as well as the age of the Insured from time to time.
****The Benefits of the Persistence Bonus is 50% of the total Periodic Basic Premium that has been paid or the annualized Periodic Basic Premium in the 1st Policy Year (excluding Periodic Top Up Premium and/or Single Top Up Premium (if any)).

Benefit of MyProtection Supreme II

  • Death Benefits
    If during the insurance period the insured dies, PT Asuransi Allianz Life Indonesia will pay the death benefit to the beneficiary in the amount of which is greater between:
    1. Sum of Life Insured on the date of approval of the claim ; or
    2. 6 (six) times of the annualized Periodic Basic Premium value.
    Added with investment benefits in the form of the balance of the Investment Value that existed on the date the Death Benefit claim was approved.
  • Investment Benefits
    PT Asuransi Allianz Life Indonesia will pay this benefit in the amount of the Investment Amount balance contained in this Policy in case:        
    1. The insured dies during the Insurance Period, to the Beneficiary; or
    2. The Insured alives until the end of the Insurance Period, to the Policy Holder; or
    3. Your Policy is cancelled, where there is still Investment Value left after deducting the Policy Redemption Fee (if applicable) and other obligations (if any) to the Policy Holder.
  • Persistence Bonus Benefits
    PT Asuransi Allianz Life Indonesia(Allianz) will pay a Persistence Bonus Benefit to Policy Holders at the end of the 5th(fifth) Policy Year in the amount of 50%(fifty percent) of the amount of the Periodic Basic Premium that has been paid or the Periodic Basic Premium which is annualized in The 1st(first) Policy (but does not include Periodic Top Up Premium and/or Single Top Up Premium (if any)) with the following terms and conditions:
    1. The policy never be canceled or expired and must always be active;
    2. The Insured is still alive at the end of the 5th (fifth) Policy Year; 
    3. Periodic Basic Premium from the Effective Policy Date until the end of the 5th (fifth) Policy Year is always paid on time;
    4. The Policyholder has never withdrawn the Investment Value of the Periodic Basic Premium from the Effective Date of the Policy until the end of the 5th (fifth) Policy Year;
    5. The value of the Persistence Bonus Benefit will be used to buy Units in accordance with the Sub-fund of your choice which was recorded last in the Allianz system by referring to the Unit Price recorded in the Allianz system. The unit purchased will be an addition to the Periodic Basic Premium Unit; and
    6. The Benefits of the Persistence Bonus will end after the process referred to in point e above is completed.
  • End of Contract Benefits
    If the Insured is still alive until the End of Coverage Date for Basic Insurance, then PT Asuransi Allianz Life Indonesia will pay the Investment benefit in the form of the entire balance of the Investment Value (if any) to the Policy Holder.

Additional Coverage options are available to maximize your protection

  • Compensation for 100 critical illness conditions (CI 100).
  • Premium Payment will paid by Allianz if the Premium Payer is diagnosed with a critical illness / suffers from total permanent disability (Payor Benefit).
  • Reimbursement of hospital treatment costs according to bills throughout the world (Prime Medical Protection).

Note:

  • The additions of Additional Coverage are only available for new Policy submissions.
  • Specifically for CI 100 Additional Coverage, it is only available in basic policies with a choice of Rupiah currency.
  • Prime medical protection cannot be taken together with additional hospital and surgical coverage+ in other products (if any)
  • In terms of you submit to Allianz a request not to apply a period of elimination and/or waiting period (as appropriate) based on the additional coverage that You have selected (“Additional Application”), You, the prospective Insured, the prospective Premium Payer and /or the prospective Premium Paying Spouse (whichever is appropriate) must meet additional requirements that Allianz will determine in accordance with Allianz's underwriting policies. Allianz has the right to refuse an Additional Application submitted in terms of you, the prospective Insured, the prospective Premium Payer and/or the prospective Premium Paying Spouse (whichever is appropriate) do not meet the requirements of Allianz's underwriting policy.

Terms and Conditions of MyProtection Supreme II

Insured Entry Age

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

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

Premium Minimum periodic basic premium:
Annually IDR60,000,000 / USD6,000
Semester IDR30,000.000 / USD3,000
Quarterly IDR15,000,000 / USD1,500
Monthly IDR5,000,000 / USD500

The amount of the Regular Basic Premium cannot be changed (added/deducted).

Minimum top up berkala
Annually IDR6,000,000 / USD600
Semester IDR3,000,000 / USD300
Quarterly IDR1,500,000 / USD150
Monthly IDR500,000 / USD50
Maksimum Periodic Top Up Premium  3 times Periodic Basic Premium

Minimum single top up

IDR1,000,000/USD200

Maximum single top up

5x Basic Sum Assured annually. Amounts exceeding IDR2,000,000,000/ USD200,000 are subject to financial underwriting.

 

Sum Insured

Minimum

Whichever is higher between IDR 2,000,000,000 / USD 160,000 OR according to the minimum multiplier conditions for the Sum Assured.

Maximum

In accordance with the provisions of the maximum multiplier for the Sum Assured.

Maximum Sum Assured for Children (up to 17 years old): Tp3,000,000,000/USD 240,000.

Benefits Illustration 
(Pass Away & Investment Value Potential)

Customer A, 35 years old, doesn’t smoke.

The need for a financial plan : Protection of wealth development to maintain the quality of life of his family.

Total Regular Premium
(per Year)
(Regular Basic Premium + Regular Top Up Premium)

Policy Period Sum Insured Investment rate assumption per year 5%
60.000.000 + IDR25.000.000=
IDR85.000.000
21 years old IDR2.000.000.000 With placement 100% in Smartlink Rupiah Fixed Income Class B Fund
 
Death Benefits
Which one is greater between:

Sum Insured – Accumulated withdrawal of Periodic Basic Premium Investment Value (if any) – Investment Value of Periodic Basic Premium that is formed

or

5 times Annual Periodic Basic Premium 

+
Investment Value Potential
  1. The assumption of death benefit is calculated based on whichever is greater the Life Coverage Value on the date of approval of the claim or 6 times the value of the annualized Periodic Basic Premium plus investment benefits in the form of the balance of the Investment Value existing on the date of approval of the Death Benefit claim. The assumption of Death Benefit depends on the performance of the selected Sub-fund or the withdrawal of part of the Investment Value (if any).
  2. The investment value assumption is uncertain and not guaranteed, depending on the performance of the selected Sub Fund
  3. The Persistence Bonus is paid at the end of the 5th Policy Year in the form of an additional investment unit worth 50% of the amount of the Regular Basic Premium that has been paid or the annualized Periodic Basic Premium in the 1st Policy Year (excluding Periodic Top Up Premium and/or Top Up Premium) Single (if any)). The Persistence Bonus will be given conditionally:
    1. The policy never be canceled or expired and must always be active;
    2. The Insured is still alive at the end of the 5th (fifth) Policy Year; 
    3. Periodic Basic Premium from the Effective Policy Date until the end of the 5th (fifth) Policy Year is always paid on time;
    4. The Policyholder has never withdrawn the Investment Value of the Periodic Basic Premium from the Effective Date of the Policy until the end of the 5th (fifth) Policy Year;
    5. The value of the Persistence Bonus Benefit will be used to buy Units in accordance with the Sub-fund of your choice which was recorded last in the Allianz system by referring to the Unit Price recorded in the Allianz system. The unit purchased will be an addition to the Periodic Basic Premium Unit; and
    6. The Benefits of the Persistence Bonus will end after the process referred to the sentence before is completed.
  4. The potential reduction in Life Insurance Costs is not guaranteed and is calculated based on whichever is greater, the Life Coverage Value or 6 times the annualized Periodic Basic Premium value, as well as the age of the Insured from time to time.

  1. The investment value assumption is uncertain and not guaranteed, depending on the performance of the selected Sub Fund. The investment value assumptions in the table above are based on 100% placement in the Smartlink Rupiah Fixed Income Class B Fund.
  2. The Assumed Death Benefit is calculated based on whichever is greater, the Life Coverage Value on the date of approval of the claim or 6 times the value of the annualized Periodic Basic Premium plus the potential Investment Value that has been formed. The assumption of Death Benefit depends on the performance of the selected Sub-fund or the withdrawal of part of the Investment Value (if any).
  3. The table above includes the 50% Persistence Bonus Benefit of the total Periodic Basic Premium that has been paid or the annualized Periodic Basic Premium in the 1st Policy Year (excluding Periodic Top Up Premium and/or Single Top Up Premium (if any)) which paid at the end of the 5th Policy Year according to the terms and conditions of the Policy.

    Example Illustration of the benefits above are not binding and are not an insurance agreement and are not part of the MyProtection Supreme II Policy. The rights and obligations as the Policyholder/Insured and the provisions regarding this product are stated in the Policy. A more complete illustration of this product, including premiums to be paid, death benefits, sum insured, assumed annual investment level and so on, is listed in the Personal MyProtection Supreme II Products and Services Information Summary (RIPLAY).

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 Supreme 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 Supreme II. 
  • MyProtection Supreme 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 Supreme 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 Supreme 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 Subfund is not guaranteed, unit prices and income from the Subfund may increase or decrease. The past performance of Subfund 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.
     

Product Summary Information

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