Don't Miss It! IG Live with Sahabat Insurance and Mandiri Tunas FInance
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Don't miss IG Live Sahabat Insurance and Mandiri Tunas Finance! Friday, August 12, 2022 at 4 pm on Sahabat Insurance's Instagram account. Get a chance to win prizes of hundreds of thousands of rupiah, by asking questions during IG Live! See you later!
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Term Insurance Definition & Meaning
Insurance policy: is a legal contract between the insurance company (the insurer) and the person(s), business, or entity being insured (the insured).
Premium: is the amount of money you must pay to the insurance company for your insurance policy.
Claim : An insurance claim is a formal request from the policyholder (that's you) to their insurance company asking for payment after a covered incident.
Insured: A person whose life or property is the subject of insurance.
Insurer: Parties that already have formal permission to carry out business activities related to taking over the risk of other parties based on a policy; for this coverage, the risk insurer receives a premium from another party as the insured; usually, the Insurer is an insurance company.
The age of the Insured: is determined based on the last birthday on the Effective Date of Insurance and will increase on each Policy Birthday.
The coverage period :is the period of insurance protection for the Insured from the Effective Date of Insurance to the Expiry Date of Insurance as stated in the Policy Data.A coverage period is the period of time during which an insured event is protected by an insurance contract.
Fore more information please call Sahabat Insurance 021-50508080.
Source: https://sikapiuangmu.ojk.go.id