A group term life insurance product that provide a protection to debtor as insured from Financial Institution from Death & suffers total and permanent disability, either due to illness or accident, including the risk of being diagnosed for Dengue that might be happen in the insurance period.
Basic Sum Insured:
Death or Total Permanent Disability benefit = Initial loan
Additional Sum Insured:
Dengue Fever: lump sum benefit with maximum Sum Insured is IDR2,500,000
18 – 64 years old (nearest birthday); maximum insurance coverage until the age of the insured reaches 65 years old.
Monthly renewable and can be extended until Insured age 65 years old
Product will be sold thru Multi Finance Marketers