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Focus on Sharia Micro Insurance market

Cirebon, February 27, 2009

 

The management decision to focus on Sharia Micro Insurance market was based on the market research result of Micro Insurance that has been conducted by Allianz and Germany research institute called GTZ (German of Technical Cooperation). The result stated that plenty of Indonesian communities have union loan, BMT loan, BPR loan as well as whatever loan from any other micro-financial institutions. The loan will be used for basic needs fulfillment as well as to finance their business activities.

Sharia Micro Insurance Program offers several benefits to the financial institution and its policy holder if he/she dies. By having the policy, the policyholder will receive several amount of money which two times bigger than they receive from financial institution. The applied requirement is group, or in any other words, must be through the related financial institution. Besides, the collected premium will be self-managed by micro-financial institution.

Management will consistently focus on Allianz Sharia market, especially in Cirebon. Having place in Allianz Sharia-BUSS office in Cirebon, 12 invitees from Baitul Muamalat wa Tamwill receives the short description of Sharia Micro Insurance program.

For more detail, click :

> Garap Micro Insurance Syariah (JPEG, Bahasa, 1.23Mb)

Press Contact

Agung Priambadha
Public Relations & Communications
Tel.: +62 21 52998848
Fax: +62 21 5253246
Email: Agung.Priambadha
@allianz.co.id

Other Information
> Allianz offers
   microinsurance for low
   income households