AlliSya Rupiah Equity Fund

Designed to get a maximum investment return* with fund placements in Rupiah using high-quality short-term investment tools such as time deposit, SWBI, and mutual funds. This investment offers a high-level security and preserves high liquidity by providing investment return.

* Investment returns depend on company investment performance and investment risks.

AlliSya Rupiah Fixed Income Fund 

Designed to get an optimum investment return* with fund placements in Rupiah using short and mid-term investment tools such Deposito, SBI, and mutual funds, as well as long-term investment tools like bonds. This investment offers attractive investment gains with high level security and stability.

* Investment returns depend on company investment performance and investment risks.

Allianz SmartRiders

Allianz understands that you need comprehensive protection. Therefore we have designed for you the Allianz SmartRiders. SmartRiders can be added to your basic unit-linked program and complete your and your partners life protections against accidents, critical illness and also medical expenses.

Critical Illness Plus (CI+)

This rider offers protection against 24 critical illnesses. If you are for the first time diagnosed to have one or more of these 24 critical illnesses Allianz will pay 100 % of your sum assured under CI+. Critical illnesses are for example heart attack, stroke, and cancer.

Accidental Death & Disablement Benefit (ADDB)

Nobody expects accidents to happen. But we all know they do happen.
This rider offers you additional coverage for death and disablement caused by accident. Allianz pays 100% - 300% of the sum assured upon accidental death and a certain percentage if inner organs or body parts are defect because of an accident.

Total Permanent Disability (TPD)

24 hours a day Allianz protects you from TPD and pays you 100% of your sum assured in case of TPD. Of course, your basic policy will still continue until the end of insurance time.

Waiver of Premium Plus (WOP+)

This rider offers an additional protection if the life insured is for the first time diagnosed to suffer from one or more of 24 critical illnesses (CI+) and/or has total permanent disability (TPD). In these cases the premium will be waived (canceled) until end of the payment term. There is no limit as to what amount of premium can been waived.

Payor Benefit & Payor Protection

• Payor Benefit
  Release from obligation to pay premium if a policyholder suffers from total permanent disability or from one or more of 24 critical illnesses.

• Payor Protection
  Release from obligation to pay premium if policyholder dies due to an accident.

Spouse Payor Benefit &  Spouse Payor Protection

• Spouse Payor Benefit
  Release from obligation to pay premium if the spouse of a policyholder suffers from total permanent disability or from one or more of 24 critical illnesses.
• Spouse Payor Protection
  Release from obligation to pay premium if the spouse of policyholder dies due to an accident.

Flexi Care

We do not expect to get sick and sickness normally happens without prior notice. While you are doing your activities Allianz protects you from unexpected cash payments for hospital expenses. If the insured one gets sick or suffers an accident that must be taken care of in a hospital, Allianz pays for room expenses, surgery expenses etc. as you can see in table below during a maximum of 180 days per year.

The table below shows benefits of 1 unit. You can choose a maximum of 8 units.

 

	Benefit
	Rupiah	US$
Hospitalization due to sickness (max. 180 days per year)	Rp. 100,000 per day	USD 10 per day
Hospitalization due to accident   (max. 180 days per year)	Rp. 200.000 per day	USD 20 per day
Surgery due to sickness (lump sum) ·    Complicated ·     Major ·     Intermediate ·     Minor	Rp.  2.000.000 Rp.  1.300.000 Rp.     900.000 Rp.     500.000	USD   200 USD   130 USD     90 USD     50
Surgery due to accident (lump sum) ·     Complicated ·     Major ·     Intermediate ·     Minor	Rp.  4.000.000 Rp.  2.600.000 Rp.  1.800.000 Rp.  1.000.000	USD   400 USD   280 USD   180 USD   100
Recovering benefit (sickness) if hospitalized more than 30 days	Rp.  1.000.000 lump sum	USD 100 lump sum
Recovering benefit (accident) if hospitalized more than 30 days	Rp.  2.000.000 lump sum	USD 200 lump sum

Sharia Insurance

Islamic finance has developed mainly in two directions, namely Islamic banking and Islamic insurance (Takaful or Sharia). While information about Islamic banking is widely available, little is known about the features, models and structures of Takaful, particularly in Indonesia.

All human beings are invariably exposed to the possibility of meeting catastrophes and disasters giving rise to misfortunes and sufferings such as death, loss of limbs, accident, destruction of business or wealth, etc. Notwithstanding the belief of all Muslims in Qadha-o-Qadr, Islam provides that one must find ways and means to avoid such catastrophes and disasters wherever possible, and to minimize his or his family's financial losses should such events occur. One possible solution is to buy insurance cover under the conventional system.

However, an overwhelming majority of Sharia scholars believe that conventional insurance is unlawful due to the involvement of Riba (interest), Maisir (gambling) and Gharar (uncertainty).Takaful, the Islamic alternative to insurance, is based on the concept of social solidarity, cooperation and mutual indemnification of losses of members. It is a pact amongst a group of people who agree to jointly indemnify any loss or damage that they may suffer, out of the fund they donate collectively. This Takaful contract usually involves the concepts of Mudarabah, Tabarru´ (to donate for benefit of others) and mutual sharing of losses with the overall objective of eliminating the element of uncertainty.

Takaful products are available to meet the needs of all sectors of the economy, both at individual as well as corporate levels, and to cater for the short and long term financial needs of various groups of society.

The distinction between the conventional insurance and Takaful business is most visible when looking at investment of funds. While insurance companies invest their funds in interest-based avenues and without any regard for the concept of Halal-o-Haram, Takaful companies undertake only Sharia compliant business and the profits are distributed in accordance with the pre-agreed ratios in the Takaful Agreement. Likewise they share in any surplus or loss from the pool collectively. Takaful system has a built-in mechanism to counter any over-pricing policies of the insurance companies because whatever may be the premium charged, the surplus would normally go back to the participants in proportion to their contributions.

Sharia insurance (Takaful) is a system in which all participants “donate” partially or full contributions used to pay claims filed by several participants. The role of insurer is limited to managing the fund and all administration process.

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