
Asuransi Jiwa Kredit
Kredit Small Medium Enterprise (SME) UP Tetap

Kredit Small Medium Enterprise (SME) UP Tetap is a term life insurance program that provides life protection if the customer dies during the Coverage Period.
PRODUCT BENEFITS
If the Insured who is a SME UP Tetap Debtor of Bank Mayapada dies within the Coverage Period, the Insurer (Sequis) will pay to the Policyholder (Bank) a lump sum Sum Assured in the amount of initial loan. If there is any surfeit between Sum Assured and the outstanding loan balance, the Bank will give the remaining to the Beneficiaries.
PRODUCT PROVISIONS TABLE
Ketentuan | Keterangan |
---|---|
Entry Age | 20-65 years old |
Currency | Rupiah |
Sum Assured | IDR 1 billion to IDR 10 billion |
Coverage Period | 1-10 years; Maximum age at end of Coverage period is 70 years old |
Premium Payment Period | Premiums are paid in a lump sum at the beginning of the coverage period |