Traditional Life / Sun Life Indonesia
Asuransi Jiwa Kredit
Decreasing-benefit term life designed to settle the outstanding mortgage balance of a CIMB Niaga housing-loan borrower in the event of death (accidental or natural).
★ The Insurer’s Play
analytical interpretationLimited read — analysis pending. Likely intent: lock in long-dated, predictable protection premiums. Full read pending a Strategic Brief.
Our read of the insurer’s design intent — not their stated words. Use it to judge fit, not as a fact about the policy.
Who this fits — and who it doesn’t
Fit guidance becomes available once this product has a Strategic Brief.
Key facts
Coverage
- Sum assured: minimum Rp 1,000,000; no stated maximum (capped by loan amount)
- Policy term: 1 to 30 years, matching loan tenor
- Payment term: single premium
Premium
Single-premium calculated from entry age, loan tenor, and sum insured. Acquisition cost capped at 10% of premium. Premium includes operational costs and distribution commission.
Target Customer
Individual mortgage borrowers of PT Bank CIMB Niaga, Tbk who meet underwriting eligibility.
Key Features
- Pays sum insured at death plus interest accrued on outstanding balance up to claim payment date or three months (whichever shorter)
- Pro-rata premium refund formula on early loan settlement:
((n-t)/n) × premium × 40% - Death cause coverage: both accidental and natural
Expert · technical detail
How Traditional Life products differ
Fully benchmarked · 91% coverageNo product wins every dimension — these are trade-offs, not a scoreboard. Where the dataset can’t yet support hard medians, we show the observed range and the analyst’s read.
Category benchmarks for Traditional Life are still being built.
Coverage caveat: Catalog stubs for the 131-product traditional-life category are HTML-only ('not disclosed on page'); structured numeric data is reliably available only from the subset with fully extracted RIPLAY/brochure PDFs. Automated population-level extraction across the heterogeneous brief corpus yields <60% coverage on every quantifiable metric, so per SKILL Step 4 this category is benchmarked qualitatively. The anchor sample below (5 products with clean PDF data) defines the observed range; it is NOT a category-wide population statistic. (sample: ~69 products)
Expert · full Strategic Brief
No Strategic Brief yet for this product — analysis pending.
Switch to Expert (top-right) for the full 10-section brief, benchmarks, compliance flags, and source documents.