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 Features 

1. Death Benefits
   If the Insured dies for any reason before the Policy Expiration Date, insurance company will pay the death insurance benefits to the Beneficiary (heirs) and then the coverage ends. Detail death benefit as follows:
   - below (<) 70 years old: 100% Sum Assured
   - above (≥) 70 years old: 50% Sum Assured
   above based on age of insured person died on the last policy anniversary (age of nearest birthday)
2. Life Benefit
   Life Benefit, will be paid by insurance company based on age of insured person, as follows
   a. Age 65 on the last policy anniversary (nearest birthday), then the insurance company will return 100% of the premium paid and the coverage continues (not yet ended).
   b. Age 70 years on the last policy anniversary (nearest birthday), then the insurance company will pay 50% of the Sum Assured and the coverage continues (not yet ended).
   c. The end date of the policy (age 100), the insurance company will pay 50% of the Sum Insured and then the coverage ends.

Premium Rate : 
Calculated based on the entry age of the Insured, the period of coverage and the amount of the Sum Insured.

Sum Insured
Min 200 mio IDR

Participation Age:  
18-75 years (Policy Holders).
20-50 years (Insured)

Other information:

Hanwha Platinum Life Plan 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.