About MyProtection JiwaSiaga
MyProtection JiwaSiaga is an affordable term life insurance product that provides additional life protection benefits.
Advantages of MyProtection JiwaSiaga
MyProtection JiwaSiaga Benefit
What are the benefits of MyProtection JiwaSiaga?
- Life Insurance Benefit
In case of the Insured passes away due to natural causes during coverage period, Allianz will pay up to 1,000 times of monthly premium, or 2,000 times of monthly premium, if the Insured passes away due to accidents. - Additional Protection
Additional 3 years Life Insurance coverage
* Please refer to the Policy for complete terms and conditions
Term & Conditions
Insured age of entry : 0 - 60 years (nearest birthday).
Insurance period : 8 years
Premium payment period : 5 years
Metode Pembayaran Premi :
- First month premium must be paid through overbooking with Maybank account.
- Premium for the second month onwards may be paid through auto debit from Maybank savings accounts/current accounts/credit cards.
Currency : Rupiah (IDR)
Premi :
- Minimum basic premium:
Monthly : IDR100,000 - Maximum basic premium:
Monthly : IDR2,500,000
The amount of premium cannot be changed during the period of the policy contract.
Surrender : there will be no benefits received by the policy holder should the policy holder decides to surrender the cover.
Policy reinstatement : not available
Underwriting:
Simplified Issue Offer (SIO), in which the Insured will be asked short questions about their health for maximum sum insured of IDR1,5 billion/policy with Total Sum Insured of:
- IDR1,5 billion per Insured with entry age of 0-50 years.
- IDR1 billion per Insured with entry age of 51-60 years.
Ilustration
Joko, 30 years old, does not smoke, works as a manager in a company. Needs to achieve his dreams: protection for him and his family with a life insurance cash benefit.
Benefits Illustration Insured information:
- Male, 30 years old, does not smoke.
- Premium IDR300,000/per month during 5 years premium payment period.
Compensation of Life Insurance Benefits
- Rp300,000,000
If the insured passes away due to natural causes - Rp600.000.000,00
If the insured passes away due to accident
In accordance with the terms and conditions stated in the Policy.
About Allianz
Allianz is one of the insurance providers and asset management provider in the world, found in 1890 in Germany, Allianz now presents in more than 70 countries and serves more than 75 million customers worldwide.
PT. Allianz Life Indonesia Insurance was established in 1996 and is engaged in life, health, retirement and sharia insurance. At present, PT. Allianz Life Indonesia Insurance has developed a distribution network in more than 44 cities through more than 87 business partner offices and supported by more than 14,000 salespersons.Important notes:
- MyProtection JiwaSiaga is an insurance product issued by PT Asuransi Allianz Life Indonesia. PT Bank Maybank Indonesia Tbk ("Bank") only acts to distribute MyProtection JiwaSiaga.
- MyProtection JiwaSiaga is not the bank’s product, therefore the bank is not responsible for any and all claims and risks arising from the management of this product portfolio.MyProtection JiwaSiaga is not guaranteed by the Bank and its affiliates and not covered in the blanket guarantee scheme of the Government of the Republic of Indonesia or known as the Indonesia Deposit Insurance Corporation (Lembaga Penjamin Simpanan (“LPS”)). The bank is not reponsible for the insurance policy issued by PT. Asuransi Allianz Life Indonesia. The management and investment activities of MyProtection JiwaSiaga are carried out by PT. Asuransi Allianz Life Indonesia and is the responsibility of PT. Asuransi Allianz Life Indonesia.
- PT Bank Maybank Indonesia Tbk is registered and supervised by the Indonesian Financial Services Authority (Otoritas Jasa Keuangan (OJK).
- The premium paid includes a commission for the bank.
- PT. Asuransi Allianz Life Indonesia is registered with and supervised by Otoritas Jasa Keuangan, and its salespersons holds a license from Asosiasi Asuransi Jiwa Indonesia.
Important Notes
MyProtection Bijak is an insurance product issued by PT. Allianz Life Indonesia Insurance. PT Bank Maybank Indonesia Tbk ("Bank") only acts as the reference for MyProtection Bijak.
MyProtection Bijak 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 Bijak is not guaranteed by the Bank and its affiliates and is not covered by the Government of Indonesia or the Lembaga Penjamin Simpanan ("LPS") / Deposit Assurance Institution. The Bank is not responsible for insurance policies issued by PT. Allianz Life Indonesia Insurance. The management and investment of MyProtection Bijak is carried out by PT Asuransi Allianz Life Indonesia and is the responsibility of PT. Allianz Life Indonesia Insurance. The performance of investment funds 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 containing market risks. Hence, the performance of this fund is not guaranteed, unit prices and revenue from these funds can increase or decrease. The performance of investment funds in the past is not an indication of future performance. Full information is in the Fund Fact Sheet.
The Contribution paid includes a commission for the bank.
A detailed description of the charges can be found in MyProtection Bijak Policy.
PT. Allianz Life Indonesia Insurance has been registered with and supervised by the Financial Services Authority, and its sales force has a license from the Indonesian Life Insurance Association.
*For further information, contact Maybank Customer Care at 1500611 or please visit the nearest Bank Maybank branch.
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