CLI Group Accident Flexible-Protection Plan

 

CLI Group Accident Flexible-Protection Plan

 

CLI Group Accident Flexible-Protection Plan is a group accident insurance product issued by PT China Life Insurance Indonesia. CLI Group Accident Flexible-Protection Plan provides the following coverage area options that are worldwide and Indonesia, with coverage benefit options such as:

● Accidental Death Benefit
● Accidental Permanent Disability Benefit, and
● Medical Treatment Benefit due to Accident

 

The benefits of CLI Group Accident Flexible-Protection Plan:

  • 1 Provide comprehensive protection against risks caused by the accident, including risk of death, risk of permanent disability, and risk of injury and the participant receives medical treatment.
  • 1 Coverage Area Options:
    ● Worldwide
    ● Indonesia
  • 1 Custom to fulfill participant’s needs with currency options such as Indonesian Rupiah (IDR), US Dollar (USD), or Chinese Yuan (CNY).
  • 1 Can submit multiple claims up to 200% Sum Assured, with the scheme of additional benefit/Sum Assured.

Key Benefits:

  1. Accidental Death Benefit
    If the participant has an accident during policy term and coverage term, and the accident is the only cause the participant deceases, immediately or within 90 calendar days after the accident occurs, CLII will pay 100% Sum Assured for accidental death benefit.

  2. Accidental Permanent Disability Benefit
    If the participant has an accident during policy term and coverage term, and the accident is the only cause the participant suffers with permanent disability, immediately or within 90 calendar days after the accident occurs, CLII will pay the Sum Assured for accidental permanent disability benefit referring to the list of permanent disability determined by CLII, at a maximum of 100% Sum Assured of accidental permanent disability benefit.

  3. Medical Treatment Benefit due to Accident
    If the participant has an accident during policy term and coverage term, and the accident is the only cause the participant receives medical treatment within 1x24 hours after the accident occurs, CLII will pay the Sum Assured of medical treatment due to accident as per the amount of medical expenses as stated on the official receipt issued by the hospital, at a maximum of 100% Sum Assured of medical treatment due to accident.
Download Product Information Sumary (General Version) – Direct Marketing (Bahasa Indoneisa)
Download Brochure – Direct Marketing (Bahasa Indonesia)
  1. Participant’s entry: Start from 15 days old.

  2. Number of participant for standard coverage: Minimum of 100 participants

  3. Policy currency:
    a.Rupiah (IDR)
    b.US Dollar (USD)
    c.Chinese Yuan (CNY)

  4. Coverage Area:
    a.Worldwide, or
    b.Indonesia

  5. Insurance fee that will be billed directly to the policyholder for standard coverage:
    a.Policy printing fee: IDR200.000 per policy, which will be billed for policy duplicate printing fee. The first policy printing fee already calculated in the insurance premium.
    b.Insurance certificate printing fee: IDR3,500 per certificate, which will be billed for certificate duplicate printing fee. The first certificate printing fee already calculated in the insurance premium.
  1. Sum Assured start from IDR1.000.000 atau USD60.00 atau CNY450.00
  2. Premium
    Worldwide Plan: IDR30.200 per year per Policy*
    Indonesia Plan: IDR28.900 per year per Policy*
    *Premium based on Accidental Death Benefit with SA IDR10.000.000 per Participant and with total 10 Participants at occupational risk class 1.
    Premiums paid to PT China Life Insurance Indonesia include acquisition costs (including marketing officer commissions and commissions to business partners in the context of cooperation in marketing insurance products), administration costs and general costs.
    1. Direct Marketing
    1. Produk CLI Group Accident Flexible-Protection Plan is an insurance product issued by CLII.

    2. Prospective policyholder must read carefully and understand the product and have the right to ask the marketing officer for all matters related to this product.

    3. Produk CLI Group Accident Flexible-Protection have been reported and approved by Otoritas Jasa Keuangan (OJK) in accordance with the applicable laws and regulations.

    4. Produk CLI Group Accident Flexible-Protection Plan is marketed by CLII licensed marketing officers who is also supervised by the OJK or life insurance associations appointed by the OJK.

    5. he information on this website is not a contract with CLII. Further detailed information, terms and conditions of CLI Group Accident Flexible-Protection Plan can be referred to the Policy issued by CLII.