Hanhwa Future Protection
Hanhwa Future Protection

A term life insurance product that provides death benefits with increased sum insured or benefits at the end of the coverage period (maturity benefit) if the insured lives until the insurance period ends.


Product NameProduct Description
Hanhwa Future ProtectionTraditional Term Life product from PT Hanhwa Life Insurance Indonesia. Provide death benefits with increased sum insured with flexibility of premiums paid for ten, fifteen and twenty years. This product is available only in Indonesian Rupiah currency only.


Product Feature

  1. Death Benefits
    If the Insured dies for any reason before the Policy Expiration Date, insurance company will pay 100% of the Sum Assured (last Sum Assured) and then the coverage ends. (Sum Assured increases 10% annually)
  2. Maturity Benefits
    If the Insured lives up to the expiration date of the policy and the premium has been paid in full until the end of the insurance period, the Insurer will return the premium paid in the amount of:
    10 years period = 110% premium paid
    15 years period = 115% premium paid
    20 years period = 120% premium paid

Premium Rate : 
Based on the entry age of the Insured, the period of coverage and the amount of the Sum Insured

Sum Insured
Min 100 mil IDR

Participation Age:  
18-65 years (Policy Holders).
17-65 years (Insured)

Other information:

Hanwha Future Protection is not a banking product, and the insurance company has full authority and responsibility regarding this product. 
The business model is a referral from the bank to the insurance company. 
Bank Neo Commerce or the Indonesia Deposit Insurance Corporation (LPS) does not guarantee the product.





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