CLI Excellent Academic Assurance Plan
Life Insurance Company: PT China Life Insurance Indonesia
CLI Excellent Academic Assurance Plan is an insurance product of PT China Life Insurance Indonesia (“CLII”) that is a personal (individual) endowment product that provides life insurance and will give benefits for children's education funds, and to ensure and support the customer financial plan in the future.
Product Specification
Insured Entry Age |
21 – 60 Years |
Currency |
IDR |
Sum Assured |
150% Total Premium |
Coverage Period |
10 Years |
Premium Payment Period |
3 Years |
Premium |
Annually or monthly, start from IDR10,000,000/year or IDR1,000,000 /month |
Policy Printing Fee |
IDR180,000 per policy (initial policy printing fee has been included in the premium amount). |
The premium paid to CLII includes acquisition costs (including marketing officer commissions and commissions to business partners in the context of cooperation in marketing insurance products), administrative and general costs.
Product Benefits
- Death Benefit
- Accidental Death Benefit
- Premium Waiver Benefit
- Education Cash Value Benefit
- End of Contract Benefit
Important Notes:
CLI Excellent Academic Assurance Plan is an insurance product issued by CLII.
CLI Excellent Academic Assurance Plan is not a product of Bank of China (Hong Kong) Limited Jakarta Branch ("Bank"), which means CLI Excellent Academic Assurance Plan product is not guaranteed by Bank and not included in government guarantee program or Indonesia Deposit Insurance Corporation scope.
Bank only act as the referrer of CLI Excellent Academic Assurance Plan product, not a representative officer nor a broker of CLII.
Bank do not take any responsibility of CLI Excellent Academic Assurance Plan product. All claims and risks arise from CLI Excellent Academic Assurance Plan product management is a sole responsibility of CLII.
CLI Excellent Academic Assurance Plan product has been reported and obtained an approval from Financial Services Authority ("OJK") in accordance with applicable laws.
CLI Excellent Academic Assurance Plan product is marketed by CLII Insurance Representatives which has been licensed supervised by OJK or life insurance association appointed by OJK.
*For detailed information, terms and conditions of CLI Excellent Academic Assurance Plan product, please refer to the policy issued by CLII. For further information, please contact our Customer Service Hotline at: 021 – 5209988 or visit our branch.
