Term & Conditions

Insured age of entry

• Insured with the age of entry : 1 month  - 70 years (Nearest Birthday)
• Policy holder : 18 years – no maximum age
• Premium payer : 18 – 63 years (only for Payor Benefit and/or Payor Protection riders).

Top up allocation : 105,26%.

Premi

• Minimum basic premium :
  1. Annual        : Rp6.000.000,00
  2. Semester    : Rp3.000.000,00
  3. Quarterly    : Rp1.500.000,00
  4. Monthly      : Rp500.000,00
• Basic premiums can be changed (increased/decreased).
• Basic premiums will be allocated as much as possible to insurance coverage. The allocation control mechanism will be implemented in the illustration calculator.

Underwriting:

Full Underwriting in accordance with the provisions of the policy.

Premium Allocation

Administrative costs IDR35.000/month and will be deducted from the premium unit.

Withdrawal of partly invesment funds (Withdrawal):

• Minimum withdrawal amount of investment funds : IDR1,000,000.
• Minimum balance in investment allocation account after partial withdrawal of investment funds : IDR2,000,000 + amount of insurance costs owed (If any).

Insurance Costs
Calculated based on age and gender.

Switching Costs
Free of charge for 5 times in 1 year. 1% cost or minimum IDR1,000,000 will be charged for more than 5 times.

Bid/offer spread : 5%

Currency : Rupiah (IDR)

Free look period : 14 (fourteen) Calendar day from the date of policy receipt by the policy holder.

Basis & frequency of fund assessment **
In the form of units using daily unit prices

Underwriting:

Pertanyaan singkat seputar kesehatan/Simplified Issue Offer (SIO) untuk maksimum Uang Pertanggungan Rp1,5 miliar/polis dengan Total Uang Pertanggungan keseluruhan:

• Rp1,5 miliar untuk usia masuk 0 - 50 tahun.
• Rp1 miliar untuk usia masuk 51 - 60 tahun.