Asuransi Jiwa

 

Asuransi Jiwa means Life Insurance. In Indonesia, asuransi jiwa is not very popular, not many people wants to buy life insurance, they think that they would not take any advantage of it when they are still alive.

Actually, the idea behind life insurance is not protecting yourself, it's protecting your family's financial future, if the worst was to happen to you. To buy life insurance is not because someone must die, but it's because someone else must go on living, in this case, your children and your family.

Asuransi jiwa (Life insurance) is a risk shifting on financial loss from the insured to the insurer. There are two types of life insurance, Term Life and Whole Life insurance.

The premium of Term Life insurance is usually cheaper compared to the premium of Whole Life insurance. A recent studies by the insurance industry indicates that the probability of filing a death benefit claim under a term insurance policy is unlikely. One study placed the percentage as low as 1% of policies paying a benefit. The low payout likelihood allows term insurance to be relatively inexpensive.

Asuransi Term Life (Term life insurance) provides coverage at a fixed rate of payments for a limited period of time, depends on how many years coverage that you choose. Term Life coverage usually varies from 1, 5, 10, 15 up to 20 years coverage. The longer the year coverage, the higher the premium for each year. It is just because the insured will get older by the end of the contract so the average age during the period of protection will be calculated into the premium.

After that period expires, coverage at the previous rate of premiums is no longer guaranteed. If you want to continue the coverage, you will be given a new premium rate according to your age by the time you want to take the renewal. If previously you took a 20 years coverage, so you would be 20 years older then, the new premium will be very high, it can even reach 3 to 4 times higher than your previous premium. Usually, the approval of your renewal depends on your health condition, they can limit your renewal coverage only up to 5 years or they can even refuse your renewal.

Regardless of your health condition, the maximum coverage for Term Life is 65 years old. There will be no coverage after that. Compare to Whole Life that will cover you until you are 96 years old.

Asuransi Term Life is a good choice if you want to have a life protection for a certain period of time. The premium is more affordable compared to Asuransi Whole Life.

Asuransi jiwa term life is typically used by companies who want to provide life protection for their employees. Group Term Life coverage usually starts from 24 X salary of the employee. Supposed in the middle of the coverage, an employee resign, his protection can be transferred to the new employee who replace his job. Avrist Group Term Life provides life protection for employees with a very affordable premium.

If you're looking for a life insurance for individual, whole life insurance could be a better choice.

Asuransi Whole Life has helped many people in providing essential financial protection to families for generations. It is one policy that protects your family if the unexpected happens, the protection starts from the day your policy has been approved.

Avrist Prime Whole Life provides lifetime protection with affordable premiums, and equipped with a variety of advantages, such as :

• 100% mortality benefits of the basic sum assured plus the additional death benefit (guaranteed).
• Up to 41% cheaper premium for basic sum assured that is more than Rp. 500 million.
• A variety of additional protection with a relatively reasonable price to complement your basic life protection.
• A minimum of only Rp. 2.5 million premium per year with an alternative payment period for 7 or 10 years.
• The protection will last until the insured reaches the age of 96 years.

If you care for your family financial future, consider of taking asuransi Whole Life. Feel the assurance of having asuransi jiwa Whole Life, A future protection for your family. To have an appointment with our agent, please contact our email marketing@perlindunganasuransi.com

This article was taken from : http://asuransijiwa.hubpages.com/hub/Asuransi-Jiwa