Payung Keluarga – Group Credit Life Insurance (Microinsurance)
Payung Keluarga is the first ever microinsurance scheme of Allianz Life Indonesia and one of the very few microinsurance products available in Indonesia.
Payung Keluarga caters to the needs of small financial institutions such as BPRs (Bank Perkerditan Rakyat) and Savings and Credit Cooperatives and their low-income customers.
If the loan taker dies due to any reason then the outstanding loan balance will be paid by Allianz. On top of this, the beneficiary of the loan taker receives two times the original loan amount as additional payout. This helps low-income families to overcome the financial crisis after the breadwinner dies.
Premium and benefit illustration in Rupiah :
|
Loan
|
Loan Term |
Benefit 1 |
Benefit 2 |
Single Premium |
|
500.000 |
6 months |
1.000.000 |
Remaining installments are waived |
3.000 |
|
1.000.000 |
12 months |
2.000.000 |
Remaining installments are waived |
12.000 |
|
2.000.000 |
12 months |
4.000.000 |
Remaining installments are waived |
24.000 |