
Asuransi Jiwa Kredit
Kredit Multiguna (KMG) UP Tetap

Kredit Multiguna (KMG) Uang Pertanggungan 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 KMG UP Tetap Debtor of Bank Mayapada dies within the Coverage Period, the Insurer (Sequis) will pay to the Policyholder (Bank) a lump sum of the initial loan amount. 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
Provisions | Description |
---|---|
Entry Age | 20-65 years old |
Currency | Rupiah |
Sum Assured | IDR 50 million to IDR 5 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 |