Term Insurance Definition & Meaning

Terakhir Diubah : 14:03:55 - Jumat, 27 Januari 2023

Berita - Term Insurance Definition & Meaning - Sahabat Insurance | Solusi Lengkap Perlindungan Asuransi Anda

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

index.Other News

House Explosion, will my insurance cover the damage?



We will never be able to avoid a disaster, the risk of unpredictability when it occurs. By knowing that the risk will just happen without our expectations, of course we need preparations that we must do to overcome the losses arising from the problem.

Therefore, it is recommended that you have a home, other buildings make sure to use property insurance. This property insurance, can help you with an efficient and economical way to provide protection to every property owned from a variety of risks. FLEXAS stands for Fire, Lightning, Explosion, Aircraft Impact & Smoke.

FLEXAS is a package that you can use to protect against a variety of risks in property insurance. It is unfortunate if the investment held for our support in the future will just disappear due to risks such as Fire, Lightning, Explosion, Fall of Aircraft & Smoke. Finally, we feel something unpleasant and certainly very detrimental.

Here are some explanations regarding FLEXAS guarantees that protect you from various things such as:

Fire (fire)

No one will ever know when a fire can occur in a building we have such as a house or property. Fire caused by a short circuit or electrical short circuit, the spread of fire or heat that arises on its own, or due to the spread of fire from other objects, neighboring houses, tree fires and others or fire due to your own negligence or lack of care, your servant or other people such as fires due to stoves, exploding gas leaks, or cigarette butts and others. the damage caused by efforts to extinguish fires will also be guaranteed by property insurance.

 

Lightning (Lightning Strike)

Lightning strikes are a terrible thing, because besides being exposed to electric shock, it can also cause our homes to become fires and destroy homes or buildings. No need to worry because property insurance will help you, if your house or building is damaged due to lightning strikes. Property insurance also guarantees the risk of fire caused by electric machinery, electrical or electronic equipment, and electrical installations that are burned because lightning also enters into account.

Explosion

Explosions can occur at any time, either because someone else intentionally put them in our place or because of our accident, What is meant by an explosion here is the sudden release of energy due to the expansion of steam or gas.

Aircraft Impact (Fall of Airplanes)

You could say that reaching aviation in Indonesia, having enough technology is high, but who can think of everything can happen to ourselves, without being able to know when it happened. The crash of an airplane to cause a fire will be guaranteed by property insurance. With the condition, this happens because of the physical impact of the aircraft or from the contents of the items in the plane that concern the house or property that is insured.

Smoke (Smoke)

Smoke arising from the fire of insured property. So if the smoke caused by a fire causes damage to the house or other property insured, property insurance will guarantee the loss due to the damage.

Virtual Account - Sahabat Insurance

Virtual Account - Sahabat Insurance

In order to improve the quality of our services, we facilitate premium payments with payment services via Virtual Account (VA) which will be listed on every insurance policy of PT Asuransi Sahabat Artha Proteksi.

A Virtual Account is a digital payment method through an account that is created virtually for each customer. To make payments, customers will be referred to their own Virtual Accounts. A Virtual Account consists of a unique customer ID (you can find it in your premium note).

Following are the procedures for payment via BCA Virtual Account (VA):

m-BCA
1. Open m-BCA, select “m-Transfer”.
2. Select “BCA Virtual Account”.
3. Enter the Virtual Account number  and click “OK”.
4. Input your transfer amount and click “OK”.
5. Confirm the transaction detail and click “OK”.
6. Enter m-BCA PIN.
7. Transaction is successful.

ATM BCA
1. Insert your BCA debit card and enter your PIN.
2. Select "Other Transaction”.
3. Select "Transfer”.
4. Select "BCA Virtual Account”.
5. Input "Virtual Account Number"  select “OK”.
6. Input your transfer amount  and click “OK”.
7. Confirm the transaction detail and click “OK”.
8. Your transaction is complete.

Transfer From Other Bank 

Via Apps
1. Oper your Apps, input your code, select “Transfer”.
2. Select “Transfer - Other Bank”.
3. Select Bank BCA (014).
4. Enter your Virtual Account code on Beneficiary Account.
5. Input transfer amount, select “OK”.
6. Confirm the transaction detail, select “OK”.
7. Enter your PIN.
8. Transaction is successful.

Via ATM
1. Insert your card, input PIN, select “Transfer”.
2. Select “Transfer - Other Bank”.
3. Select Bank BCA (014).
4. Enter your Virtual Account code on Beneficiary Account.
5. Input transfer amount, select “OK”.
6. Confirm the transaction detail, select “OK”.
7. Enter your PIN.
8. Transaction is successful.

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