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Asuransi Jiwa Kredit

Kredit Small Medium Enterprise (SME) UP Tetap

Laporan Tahunan

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

OTHER SEQUIS INSURANCE PRODUCTS

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