CIMB Niaga Strengthen Bancassurance Channels

Financial Services News | PT Sun Life Financial Indonesia (Sun Life Indonesia) and PT Bank CIMB Niaga Tbk (CIMB Niaga) strengthen their collaboration in providing protection solutions for bancassurance distribution channels, through the presence of X-Tra Proteksi Sakinah and Sun Healthcare Solution Syariah for CIMB Niaga customers.

Both of these products are Sharia-based products that provide maximum benefits for married couples and families.Data presented in the Global Gender Gap Index shows Indonesia is ranked 85th in 2020 – an increase of 28 places compared to the previous year.

This indicates a positive trend of women’s participation in various fields, especially the economy. This means that more and more women also participate in the household economy, and support their husbands as the head of the family.

President Director of Sun Life Indonesia, Elin Waty, said that the increasing participation of women in supporting the family economy raises the urgency for equal protection, both for husbands and wives.

“Seeing this fact, Sun Life together with CIMB Niaga launched X-Tra Proteksi Sakinah insurance. This solution is present as a traditional Sharia-based insurance product that provides life protection benefits to married couples in one policy. It is enough to make a one-time contribution payment, you will be protected until you are 100 years old,” said Elin.

CIMB Niaga Director of Consumer Banking Lani Darmawan emphasized that in addition to having a number of advantages that make it easier for customers to get the best protection, this product also provides extra peace of mind, because it is managed in a trustworthy manner, carrying out Sharia principles.

“This product can be the answer for customers and partners, who are looking for practical protection with maximum benefits – especially for those who have savings funds that can be used immediately to protect themselves and their partners in the long term,” said Lani.

X-Tra Proteksi Sakinah Insurance is here to bring 3 extra advantages. X-Tra Compact: 1 policy provides protection for 2 people at once – a legal husband and wife. Easy X-Tra: only by paying 1 time contribution, each participant will be protected until the age of 100 years.

Complete X-Tra: has an additional permanent total disability benefit and/or death benefit due to an accident, until the age of 70 years.

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The Sun Healthcare Solution Syariah Insurance is a health protection product that is presented in line with the positive growth trend in the life insurance industry in general, and the growth of health insurance. Based on a report from the Financial Services Authority (OJK), accumulated health premiums rose 7.5% yoy until May 2021.

Sun Healthcare Solution Syariah offers protection with 3 main advantages, namely no need for a medical check, and all cashless transactions, an annual limit that continues to increase automatically up to Rp. 20 billion*, with affordable contributions, and life protection benefits of up to Rp. 200 million (depending on the plan). selected) and worldwide protection.

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