First LifePASTI
In the midst of uncertain situation, protect yourself with First LifePASTI insurance product.
First LifePASTI give protection until the age of 86 years with a selection of premium payment periods of 5, 10, 15, 20 years or equal to the insurance period.
Product Excellence
- Periodic premium deposits can be shorter for a longer insurance period.
- A definite choice for the period and frequency of premium deposit as needed.
- Definite end of contract benefit if the insured is still alive at the end of the policy insurance period.
- Definite compensation for one of 77 critical illnesses (1)
- Compensation for life in the event of death due to non-accidents and accidents (2)
- Life protection due to non-accident & critical illness up to the age of 86 years (3)
Notes:
(1) Critical illness coverage ends after benefits are paid
(2) Accident compensation is paid if the insured dies within 90 days from the date of the accident and reaches the policy anniversary closest to the age of 70 years
(3) Closest birthday.
Product Benefits
Death Benefits
|
Due to non-accidents |
200% Sum Insured |
|
Due to accidents |
300% Sum Insured (1) |
|
Due to accidents when using public transportation |
400% Sum Insured (1) |
Critical Illness Benefits
|
If the insured is diagnosed with one of 77 critical illnesses |
100% Sum Insured (2) |
End of Contract Benefits
|
If the insured is still alive at the end date of coverage of the policy |
100% Sum Insured |
Notes:
(1) Compensation due to accident is paid if the insured dies within 90 days from the date of the accident and reaches the policy anniversary closest to the age of 70 years.
(2) Critical illness coverage ends after benefits are paid. The life insurance in the policy continues and periodic premiums must still be paid during the premium payment period.
Additional notes: payment of benefits will be deducted by outstanding costs and liabilities (if any).
Benefit Illustration Example
Illustration
Name : Doni
Entering the age of 35 years old when buying First LifePASTI.
|
Annual Periodic Premiums |
Sum Insured (SI) |
Premium Payment Period |
|
IDR 16,575,000 |
IDR 500,000,000 |
20 years |
Death Benefits
|
If the death is not due to an accident, the benefits paid are: |
If the death is due to an accident, the benefits paid are: |
If the death is due to an accident while using public transportation, the benefits paid are: |
|
IDR 1 Billion (200% SI) |
IDR 1,5 Billion(1) (300% SI) |
Rp 2 Billion(1) (400% SI) |
Critical Illness Benefit
|
If diagnosed with one of 77 critical illnesses, the benefits paid are: |
|
IDR 500 million(2) (100% SI) |
End of Contract Benefit
|
If the insured is still alive until the age of 86 (3) at the end of the policy coverage, the benefits to be paid are: |
|
IDR 500 million (100% SI) |
Notes:
(1) Accident compensation is paid if the Insured dies within 90 days from the date of the accident and reaches the policy anniversary closest to the age of 70 years
(2) Critical illness coverage ends after benefits are paid. The life insurance in the policy continues and periodic premiums must still be paid during the premium payment period
(3) Closest birthday.
Additonal note: payment of benefits will be deducted by outstanding costs and liabilities (if any).
Terms and Conditions
Insured Entry Age:
- Death benefit due to non-accident & critical illness: 1 month – 70 years old (closest birthday).
- Death benefit due to accidents: 1 month – 69 years old (closest birthday).
Insurance Period:
- Up to 86 years of age* (death benefit due to non-accident & critical illness)
- Up to 70 years of age (death benefit due to accident).
*) closest birthday.
Other Terms & Conditions
- In IDR currency.
- Full underwriting provisions apply according to the provisions of the policy.
- There are exceptions to the protection benefits according to the terms and conditions applicable in the policy.
