Benefits
Advantages
What are the benefits of MyProtection Prima? **
Investment Benefits
- Optimum Investment Allocation, whereby the premium placement in the first year is 50%, the second year is 80% and 110% for the third year and so on.
- 4.5% bonus for each premium payment starting from the third year onwards.
End of Policy Benefits
If the insured lives until the end of insurance period, Allianz will pay the final contract benefit in the form of all balance of Investment Value (if any) at the end of the insurance period.
Life Protection Benefits
If during the insurance period the Insured Party passes away, Allianz will pay the benefits in the form of insurance compensation plus the entire balance of the Investment Value in this Policy, calculated based on the Unit Purchase Price at the same time the claim is approved.
Policy Redemption Benefits
If the Policy holder stops the policy or makes policy redemption, the investment value accumulated will be paid to the Policy holder.
** Terms and conditions are fully arranged in the Policy.
Important Notes
MyProtection Prima is an insurance product issued by PT. Allianz Life Indonesia Insurance. PT Bank Maybank Indonesia Tbk ("Bank") only acts as a reference for MyProtection Prima.
MyProtection Prima is not a product of the Bank so the Bank is not responsible for any and all claims and risks arising from the management of this product portfolio. MyProtection Prima is not guaranteed by the Bank and its affiliates and is not included in the scope of the Government of Indonesia or the Deposit Insurance Agency ("LPS") guarantee program. The Bank is not responsible for insurance policies issued by PT. Allianz Life Indonesia Insurance. Prima MyProtection Management and Investment is carried out by PT Asuransi Allianz Life Indonesia and is the responsibility of PT. Allianz Life Indonesia Insurance. Investment Fund Performance from PT. Allianz Life Indonesia Insurance can be seen on the monthly Fund Fact Sheet report.
PT Bank Maybank Indonesia Tbk is a bank registered and supervised by the Financial Services Authority.
Investments in capital market instruments contain market risk. The performance of this fund is not guaranteed, unit prices and revenue from these funds can increase or decrease. Investment fund performance in the past is not an indication of future performance. Full information is in the Fund Fact Sheet.
The premium paid includes a commission for the bank
A detailed description of the charges can be seen in the MyProtection Prima Policy.
PT Asuransi Allianz Life Indonesia has been registered with and supervised by the Financial Services Authority, and its sales force has a license from the Indonesian Life Insurance Association.
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