GREAT Income Assurance is a life insurance plan that also provides financial protection which can be used for various future needs.
By simply paying premiums regularly for 5 years, you will receive 10 years of protection, including guaranteed Annual Cash Benefits, a Maturity Benefit, and a Death Benefit payable for any cause.
Key Benefits of GREAT Income Assurance
105% Return of Premium
Guarantees a return of 105% of the total Premiums* paid at the end of the policy term — serving as valuable savings to support your future plans.
Guaranteed Annual Income
Enjoy a guaranteed annual cash benefit of 25% of your annual premium* from the end of the 6th year until the end of the 9th year — helping support your family’s future needs.
Optimal Protection
Provides life cover of up to 130% of the total premiums* you have paid, helping ensure your family’s future is protected in any situation.
* Excluding any additional premium
Product Details
Type of Insurance | Traditional Endowment Life Insurance | |
Currency | IDR | |
Premium Type | ||
Regular Basic Premium | ||
Minimum : | ||
Monthly | IDR 2,500,000 | |
Annually | IDR 30,000,000 | |
Maximum: based on Underwriting decision | ||
The amount of Regular Basic Premium cannot be changed (increased or decreased). | ||
Policyholder Entry Age | 18 years old – 99 years old | |
Insured Entry Age | 14 days – 65 years old | |
Insurance Period | 10 years old | |
Benefit Illustration Example
Insured Age : 35 years old
Gender: Male
Regular Premium: IDR 100,000,000 per year
Illustration of Insurance Benefits:
The Policyholder will receive an Annual Cash Benefit of IDR 25,000,000 from policy year 6 to policy year 9.
If the Insured passed away before policy year 2, the Death Benefit payable to the Beneficiary is IDR 100,000,000.
If the Insured survives until the end of the Insurance Period, the Policyholder will receive a Maturity Benefit of IDR 525,000,000.
Disclaimer
GREAT Income Assurance is a life insurance product of PT Great Eastern Life Indonesia (‘Great Eastern Life Indonesia’), not a product of PT Bank CTBC Indonesia (‘Bank CTBC’) and Bank CTBC is neither an insurance agent nor an insurance brokerage company of Great Eastern Life Indonesia. Great Eastern Life Indonesia is fully responsible for the GREAT Income Assurance product and the contents of the insurance policy issued for the GREAT Income Assurance product, so CTBC Bank is not responsible in any form for the GREAT Income Assurance product and the contents of the policy issued in connection with the GREAT Income Assurance product. GREAT Income Assurance is not a bank deposit product, thus it is not included in the government guarantee programme or the Deposit Insurance Corporation. The premium paid by the Policyholder is inclusive of acquisition, administration, fund management, bank commission and marketing commission (if any). The information in this document should be read in conjunction with and subject to the terms of the Policy and any other terms related to the GREAT Income Assurance product currently in force and any future amendments.
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