MyProtection Supreme II

MyProtection Supreme II is a unit-linked life insurance product with periodic premium payments that provide protection for the insured until the age of 100 while also serving as an investment with a variety of investment sub-funds available in accordance with demands.

Benefit of MyProtection Supreme II

• Death Benefits
  If during the insurance period the insured dies, PT Asuransi Allianz Life Indonesia will pay the death benefit to the beneficiary in the amount of which is greater between:
  
  1. Sum of Life Insured on the date of approval of the claim ; or
  2. 6 (six) times of the annualized Periodic Basic Premium value.
  Added with investment benefits in the form of the balance of the Investment Value that existed on the date the Death Benefit claim was approved.
• Investment Benefits
  PT Asuransi Allianz Life Indonesia will pay this benefit in the amount of the Investment Amount balance contained in this Policy in case:        
  1. The insured dies during the Insurance Period, to the Beneficiary; or
  2. The Insured alives until the end of the Insurance Period, to the Policy Holder; or
  3. Your Policy is cancelled, where there is still Investment Value left after deducting the Policy Redemption Fee (if applicable) and other obligations (if any) to the Policy Holder.
• Persistence Bonus Benefits
  PT Asuransi Allianz Life Indonesia(Allianz) will pay a Persistence Bonus Benefit to Policy Holders at the end of the 5th(fifth) Policy Year in the amount of 50%(fifty percent) of the amount of the Periodic Basic Premium that has been paid or the Periodic Basic Premium which is annualized in The 1st(first) Policy (but does not include Periodic Top Up Premium and/or Single Top Up Premium (if any)) with the following terms and conditions:
  
  1. The policy never be canceled or expired and must always be active;
  2. The Insured is still alive at the end of the 5th (fifth) Policy Year; 
  3. Periodic Basic Premium from the Effective Policy Date until the end of the 5^th (fifth) Policy Year is always paid on time;
  4. The Policyholder has never withdrawn the Investment Value of the Periodic Basic Premium from the Effective Date of the Policy until the end of the 5^th (fifth) Policy Year;
  5. The value of the Persistence Bonus Benefit will be used to buy Units in accordance with the Sub-fund of your choice which was recorded last in the Allianz system by referring to the Unit Price recorded in the Allianz system. The unit purchased will be an addition to the Periodic Basic Premium Unit; and
  6. The Benefits of the Persistence Bonus will end after the process referred to in point e above is completed.
• End of Contract Benefits
  If the Insured is still alive until the End of Coverage Date for Basic Insurance, then PT Asuransi Allianz Life Indonesia will pay the Investment benefit in the form of the entire balance of the Investment Value (if any) to the Policy Holder.

Additional Coverage options are available to maximize your protection

• Compensation for 100 critical illness conditions (CI 100).
• Premium Payment will paid by Allianz if the Premium Payer is diagnosed with a critical illness / suffers from total permanent disability (Payor Benefit).
• Reimbursement of hospital treatment costs according to bills throughout the world (Prime Medical Protection).

Note:

• The additions of Additional Coverage are only available for new Policy submissions.
• Specifically for CI 100 Additional Coverage, it is only available in basic policies with a choice of Rupiah currency.
• Prime medical protection cannot be taken together with additional hospital and surgical coverage+ in other products (if any)
• In terms of you submit to Allianz a request not to apply a period of elimination and/or waiting period (as appropriate) based on the additional coverage that You have selected (“Additional Application”), You, the prospective Insured, the prospective Premium Payer and /or the prospective Premium Paying Spouse (whichever is appropriate) must meet additional requirements that Allianz will determine in accordance with Allianz's underwriting policies. Allianz has the right to refuse an Additional Application submitted in terms of you, the prospective Insured, the prospective Premium Payer and/or the prospective Premium Paying Spouse (whichever is appropriate) do not meet the requirements of Allianz's underwriting policy.