Term Insurance Definition & Meaning

Terakhir Diubah : 07:03:55 - Friday, 27 January 2023

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

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What to do after a car accident

When you get into a car accident, there are certain steps you may want to take in order to help make sure everyone is safe, to follow the law and to get the insurance claim process started.

First, check your car and the passenger. If your car is safe to drive and is causing a hazard where it is, pull it to the side of the road. Otherwise, leave it where it is and get yourself to safety.

Second, if you're injured, call police or ambulance, secure the vehicle and ask for help. If you're seriously injured, try not to move, and wait for emergency personnel.

Third, notify your insurer and start the claims process. Call the insurance maximum 5 working days.

An accident can leave even the most seasoned driver frazzled, but following these steps may help protect you from unnecessary worries. That way, you can focus on working with your insurance company to get your vehicle repaired as smoothly and as quickly as possible.

Call us Sahabat Insurance for more info 021-50508080.

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Sahabat Insurance: Start Strong, Finish Stronger with Merry Riana

Sahabat Insurance successfully organized a National Seminar titled “Start Strong, Finish Stronger” in Yogyakarta on November 12, 2025. This motivational event was held in a hybrid format, combining online and offline participation, enabling employees from all Sahabat Insurance offices across Indonesia to join simultaneously.
The seminar featured renowned motivational speaker Merry Riana, who delivered inspiring messages, practical strategies for personal growth, and insights on productivity and resilience. Her presence energized participants and encouraged them to begin strong and finish even stronger in facing personal and professional challenges.
Attended by All Sahabat Insurance Offices Nationwide
Employees from the head office, branch offices, and representative offices across Indonesia took part in the seminar. The nationwide participation made this event a significant moment for strengthening motivation, unity, and company culture within Sahabat Insurance.
Throughout the session, participants gained valuable insights to enhance performance, cultivate a growth mindset, and build stronger teamwork as they prepare for the company’s goals and challenges in the coming year.
Commitment to Human Capital Development
Through this national seminar, Sahabat Insurance reaffirms its commitment to developing its human resources. With the theme Start Strong, Finish Stronger, the company encourages all employees to begin every task with confidence and complete it with excellence.

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Sahabat Insurance Bandung - Branch Office Relocation

Dear Valued Customers and Partners,
Thank you for the support and cooperation you have given us over the years.
We are pleased to inform you that with effect from January 2023, Sahabat Insurance Bandung will be relocating to the following address:
Jl. Lengkong Besar No. 52C, Cikawao, Bandung, Jawa Barat.
Tlp: 022-30500191
Email: [email protected]
Should you have any questions on the relocation, please feel free to contact us.
Look forward to seeing and serving you at our new facility.

For more info about Sahabat Insurance please call 021-50508080 or email :[email protected]

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Happy 495th Anniversary Jakarta!

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