Life Insurance Claim Payment Details for the First Half of 2020

Finance

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Dimas Jarot Bayu 31/10/2020 09:41 WIB

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AAJI recorded a total of Rp 64.52 trillion in life insurance claims paid by the industry during the first half of 2020. These claim payments covered seven types of life insurance benefits.

Types of Benefit Claims Paid During Semester I 2020

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Life Insurance Claim Payment Details for the First Half of 2020

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~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

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Types of Benefit Claims Paid During Semester I 2020

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The Indonesian Life Insurance Association (AAJI) recorded a total of Rp 64.52 trillion in insurance claims paid by the industry during the first half of 2020. This figure represents a 1.9% decrease compared to the same period in the previous year, which amounted to Rp 65.77 trillion.

In detail, the largest amount of claims paid during the first half of 2020 was related to redemption value, reaching Rp 37.87 trillion. Claims paid due to contract expiration totaled Rp 7.26 trillion. Death benefit claims reached Rp 5.37 trillion.

Claims paid for partial withdrawals amounted to Rp 6.07 trillion. Claims paid for individual health insurance reached Rp 2.28 trillion. For group health insurance, claims paid totaled Rp 2.04 trillion. Claims for other benefits reached Rp 2.74 trillion.

Editor : Muhammad Ahsan Ridhoi

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."