Standard Chartered Bank, in partnership with PT Asuransi Jiwa Manulife Indonesia, provides insurance protection as outlined below:
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Your
BUSINESS |
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FEP Key-Man Protection
 |
Group Life and Health
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| Target Market |
Small-to-Medium Enterprise (SME) Standard Chartered Bank customers |
Small-to-Medium Enterprise (SME) Standard Chartered Bank customers
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Insurance Company |
PT. Asuransi Jiwa Manulife Indonesia |
PT. Asuransi Jiwa Manulife Indonesia |
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Type |
Traditional Whole Life Insurance |
Group Term Life and Health Insurance |
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Premium Payment Method |
Single Premium |
Single Premium or Regular |
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Currency |
IDR |
IDR and USD |
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Entry age |
18–70 years old |
18–64 years old
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Insured |
Key-Man from company |
Employee from company |
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Coverage Period |
Up to 99 years old |
Up to 69 years old
*depend on insurance type chosen
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Minimum Premium |
Premium for minimum Sum Assured (SA) of IDR 500 mio
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Based on insurance type chosen
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Protection |
Death Benefit:
100% SA + Paid Up Addition (if any) |
Based on group term insurance chosen by the company |
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Riders |
N/A |
Available |
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Special Features |
Single Premium that provide convenience |
Minimum required employee is 10 people*
*depend on insurance type chosen |
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Provide optimum protection with affordable premium |
Premium could be paid fully by company or allocated between company and employee (company pays minimum 50% of total premium).
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