Jakarta, 10 October 2016 - PT Chubb Life Insurance Indonesia (“Chubb Life”) today announced the launch of its new life insurance products, namely “Loyalty Link” and the new sharia-based “Global Equity Fund (Syariah).”
“Loyalty Link” is a unit-link life insurance product which will meet affluent customers’ needs by providing protection without taking medical check-up[1]
The product also offers a number of protections as well as maximum investment potential through wide range of fund selections. The advantages of the product include:
“Global Equity Fund (Syariah)“ is presented to provide more investment options to all Unit-Link Chubb Life policyholders, both for our new Loyalty Link product and other Chubb Life’s unit-link products.
The Fund will help customers in obtaining capital growth through investment to Foreign Securities by complying sharia principles in Capital Market. About 85% of investment fund in Global Equity Fund (Syariah) will be allocated to Foreign Sharia Securities registered at Sharia Stock List.
Global Equity Fund (Syariah) is a high-risk product with potentially high investment returns by allocating assets that is:
Some of benefits of this “Global Equity Fund (Syariah)” are:
Through partnership with Schroders, one of international asset management companies, customers of Chubb Life Indonesia are facilitated in buying new funds and to make 100% investment abroad. It is higher than conventional fund that only let customers to have overseas investment 20% at maximum.
William O’Brien Johnston, President Director of Chubb Life said, “Chubb Life continuously strives to expand our businesses and focus in taking market opportunities by releasing high-quality life insurance products which meet customers’ needs on life protection and investment.”
“We are proud to present a high-quality products and fund, Loyalty Link and Global Equity Fund (Syariah), in Indonesia’s market. As the craftsmen of Insurance who work wholeheartedly and are supported with excellent execution process, we meticulously comprehend, design, and provide insurance protection, as well as special services to our customers. We are committed to creating highquality insurance products to meet our growing customers’ needs,” said Johnston.
The Loyalty Link unit link life insurance product and The Global Equity Fund (Syariah) are available at 15 Chubb Life marketing offices in Indonesia.
About Chubb Life in Indonesia
Chubb Life is the global life insurance division of Chubb, the world’s publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Chubb Limited, the parent company of Chubb Group, is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.
To meet the financial protection and security needs of its broad range of customers in Indonesia, PT Chubb Life Insurance Indonesia (Chubb Life) offers a comprehensive array of quality life insurance and investment products. With a network of 15 locations, the company offers its products and services through a
multitude of distribution channels, including banks, brokers and agents.
For further information, please visit www.chubb.com/id.
Media Contacts
Priska Rosalina
PT Chubb Life Insurance Indonesia
Head of Corporate Communications
+62 21 2356 8888
Priska.Rosalina@chubb.com
Sarah Tam
Chubb Life
Head of Communications
+852 2185 0207
Sarah.Tam@chubb.com
[1] Refers to applied medical table provisions