Allianz Wealthlink Protection Life
Allianz Wealthlink Protection Life is a unit link life insurance product with regular premium payments that provides protection solutions along with the potential of long-term investment asset development for your future financial plans remain protected from various life risks.
Product Excellence
- Ease of determining the choice of protection benefits as needed(1).
- 105%(2) allocation of regular basic premium as an investment(3) fund since the 6th policy year onwards for potential Investment Value
- Flexible in the method and amount of payment of total regular premium according to the financial plan.
- Using one price for selling and buying unit link
- Investment opportunities in Indonesia, Asia Pacific, and global markets.
- Complete additional benefit options such as critical illness benefits, permanent disability, reimbursement of hospital treatment costs, etc.
(1) In accordance with the applicable product terms and conditions.
(2) Special allocation of Periodic Top Up Premium and/or Single Top Up Premium: 95% of Periodic Top Up Premium and/or Single Top Up Premium.
(3) Investment Fund to purchase units according to the percentage of premium allocation on investments based on the Policy and according to the choice of Sub-funds.
Product Benefits
- Protection period up to 100 years old
- Attractive investments with a variety Investment Fund placement options.
- Investment Funds can be withdrawn at any time as needed.
- 100% of the Sum Insured plus the Investment Value in case of risk of death.
- When the Insured reaches the age of 100 years, the Investment Value will be paid and the coverage ends.
Death Benefit
If the Insured Dies in the Insurance Period, the Death Benefit will be paid to the Beneficiary as follows:
- Death Benefit of 100% of the Sum Insured plus the Investment Value formed
- Investment Value = Number of units (after deducting cost) multiplied by the unit price.
- Clause for insured under the age of 5 years:
|
Insured’s age when death benefit is paid |
Of Sum Assured |
|
≤ 1 |
20% |
|
2 |
40% |
|
3 |
60% |
|
4 |
80% |
|
≥5 |
100% |
Sum Insured
Minimum: Which is higher between IDR100 million/USD36,000 OR the minimum multiplier of the Sum Insured
Maximum: Which is higher between IDR100 million/USD36,000 OR the maximum multiplier of sum insured
Maximum Sum Insured for children (up to age 17): IDR3 billion/USD 240,000.
Investment Fund Options
|
Risk Profile |
Pilihan Dana Investasi |
Currency |
Fee |
|
Conservative |
Smartlink Rupiah Money Market Class B Fund |
IDR |
1,5% |
|
Moderate |
Smartlink Rupiah Fixed Income Class B Fund |
IDR |
2% |
|
Smartlink Rupiah Balanced Class B Fund |
IDR |
2% |
|
|
Smartwealth Dollar Multi Asset Class B Fund |
USD |
1.75% |
|
|
Smartlink Dollar Managed Class B Fund |
USD |
1.5% |
|
|
Moderate-Aggressive |
Smartlink Rupiah Balanced Plus Class B Fund |
IDR |
2% |
|
Smartwealth Dollar Asia Pacific Class B Fund |
USD |
2% |
|
|
Aggressive |
Smartlink Rupiah Equity Class B Fund |
IDR |
2% |
|
Smartwealth Equity Indoconsumer Class B Fund |
IDR |
2% |
|
|
Smartwealth Equity Infrastructure Class B Fund |
IDR |
2% |
|
|
Smartwealth Equity Small Medium Capital Class B Fund |
IDR |
2% |
|
|
Smartwealth LiquiFlex LQ45 Class B Fund |
IDR |
2% |
|
|
Smartwealth Rupiah Equity Rotation Class B Fund |
IDR |
2% |
|
|
Smartwealth Dollar Equity All China Class B Fund |
USD |
2% |
|
|
Smartwealth Dollar Equity Sustainable Global Fund |
USD |
2% |
Important Information
- Allianz Wealthlink Protection Life is an insurance product issued by PT Asuransi Allianz Life Indonesia (“Allianz”). PT Bank QNB Indonesia Tbk (“Bank”) only acts as a referral for Allianz Wealthlink Protection Life
- PT Bank QNB Indonesia Tbk is a bank registered and supervised by the Financial Services Authority (OJK). Allianz Wealthlink Protection Life is not guaranteed by PT Bank QNB Indonesia Tbk and its affiliates.
- PT Asuransi Allianz Life Indonesia is registered with and supervised by the Financial Services Authority (OJK), and its sales force has a license from the Asosiasi Asuransi Jiwa Indonesia.
- Allianz Wealthlink Protection Life is not a product of the Bank so the Bank is not responsible for any and all claims and risks arising from the management of this product portfolio. Allianz Wealthlink Protection Life is not guaranteed by the Bank and its affiliates and is not included in the scope of the guarantee program of the Government of the Republic of Indonesia or the Deposit Insurance Corporation ("LPS"). The Bank is not responsible for the Policy issued by PT Asuransi Allianz Life Indonesia. The management of the Investment Fund based on the choice of the Allianz Wealthlink Protection Life Sub-Fund is carried out by PT Asuransi Allianz Life Indonesia and/or an Investment Manager appointed by PT Asuransi Allianz Life Indonesia and is the responsibility of PT Asuransi Allianz Life Indonesia. The performance of sub-fund options from PT Asuransi Allianz Life Indonesia can be seen in the monthly Fund Fact Sheet report.
- More complete explanation of the terms, conditions including charges in detail and exclusions can be found in the General Product and Service Information Summary (RIPLAY) and Personal Product and Service Information Summary (RIPLAY) and Policy.
- Allianz Wealthlink Protection Life Attributed Insurance Product (PAYDI) is an insurance product. The investment component in PAYDI carries risks. Prospective Policy Holders are required to read and understand the General Product and Service Information Summary (RIPLAY) and RIPLAY Personal before deciding to purchase PAYDI. PAYDI's past investment performance does not reflect PAYDI's future investment performance.
