Sun Life Salam Hijrah Sejahtera (Sahaja) Insurance
Product Description
Salam Hijrah Sejahtera (Sahaja) Insurance is a traditional sharia-based life insurance product that provides life protection benefits plus Cash Value (if any) and End of Contract Benefits provided at the end of the Insurance Period with a choice of Insurance Periods that can be adjusted to customer needs.
Disclaimer: This product is an insurance product from PT Sun Life Financial Indonesia (Sun Life Indonesia) and is not a product of PT Bank Muamalat Indonesia Tbk (Bank Muamalat). Bank Muamalat only acts as a party that refers insurance products from Sun Life Indonesia to Customers. Customers who purchase the product must read carefully and agree to all the terms and conditions stated in the policy.
Product Highlights
| 1. |
Limited Contribution Payment Period with long protection Just pay for 5 or 10 years and get protection for up to 25 years. |
| 2. |
Insurance Benefits up to 200% 200% Insurance Benefits plus Cash Value (if any) will be paid if there is a risk of death during the Holy Month or while performing the Hajj. |
| 3. |
Additional Death Benefits of IDR 10 million This benefit is given if the Participant dies during the Insurance Period. |
| 4. |
End of Contract Benefits If the Participant is still alive until the end of the Insurance Period, they will receive Grant Benefits and Cash Value (if any). |
Benefits of Insurance
| 1. |
Death Benefit 100% of Insurance Benefit and Cash Value (if any) will be paid to the Beneficiary if the Participant dies during the Insurance Period. |
| 2. |
Death Benefit in the Holy Month 200% of Insurance Benefit and Cash Value (if any) will be paid to the Beneficiary if the Participant dies during the Insurance Period. |
| 3. |
Death Benefit while Performing the Hajj Pilgrimage 200% of Insurance Benefit and Cash Value (if any) will be paid to the Beneficiary if the Participant dies during the Insurance Period. |
| 4. |
Additional Death Benefit IDR 10 million will be paid to the Beneficiary if the Participant dies during the Insurance Period. |
Opening Requirements
Fill out and complete the documents below:
- Life Insurance Application Letter (SPAJ) and all attachments
- Medical examination results (if required)
- Illustration
- Copy of Customer's identity card
- Additional Questionnaire (if required)
- Risk Profile Determination Questionnaire (if required)
- Financial needs analysis
- Proof of first contribution payment
- Copy of Customer's letter of consent to provide data to Sun Life Indonesia
- Copy of Debit Account Power of Attorney for further contribution payments
- Other additional documents if required
Failure to provide actual data will result in the following:
- Refund of contribution/cancellation of protection
- Adjustment of contribution value and/or Insurance Benefits
- Rejection of claim
Product Characteristic
|
Entry Age |
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|
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Policy Holder |
18 – 80 y.o |
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|
ured |
Insurance Period |
Entry Age |
|
10 years |
12-55 y.o |
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15 years |
12-50 y.o |
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|
20 years |
12-45 y.o |
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25 years |
12-40 y.o |
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Insurance Period |
10, 15, 20, 25 years |
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|
Currency |
IDR |
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Contribution Payment Period |
5 or 10 years |
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Contribution Payment Frequency |
Monthly/Quarterly/Semester/Annually |
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Contribution |
Contribution Payment Period |
Minimum Contribution |
|
5 years |
IDR6.000.000 per year |
|
|
10 years |
IDR3.600.000 per year |
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|
Plan |
Contribution Payment Period |
Plan Name |
|
5 years |
5P10, 5P15 & 5P20 |
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|
10 years |
10P15, 10P20 & 10P25 |
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Insurance Benefits
Insurance Benefit Calculation: Annual Contribution x Insurance Benefit Factor
Insurance Benefit Factor:
