PT Chubb Life Insurance Indonesia (Chubb Life Indonesia) today announced the launch of My Wealth Protection, a traditional life insurance endowment plan designed to protect customers and their families against life’s uncertainties, while helping them to prepare for their future.
My Wealth Protection safeguards customers against the risk of death during the premium payment period, providing them and their families with peace of mind. During the premium payment method, customers are covered with 100% of the sum assured or 100% of the total premiums paid, whichever is greater, after which the policy will end. However, if the Insured passes away for any reason after the premium payment period, the Beneficiary will receive 100% of the sum assured, and the policy will remain active.
Kumaran Chinan, President Director of Chubb Life Indonesia, said, “We understand our customers have ever-changing needs and recognize their desire for an insurance solution that not only provides protection but also helps to ensure their future financial security. My Wealth Protection offers numerous benefits, providing customers with peace of mind for them and their family, while helping to achieve their financial goals and creating a valuable future for the next generation.”
My Wealth Protection also offers stage benefits, provided after customers have completed the total premium payments and passed the subsequent five years of coverage. These stage benefits amount to 20% of the sum assured received every three years until the end of the coverage period.
Terms and Other Advantages of the My Wealth Protection Product:
For more information about My Wealth Protection, please visit:
https://bit.ly/rip-my-wealth-protection