IFG LifeCHOICE

Full protection from critical illness and death, including accidents with premium return benefits at the end of the insurance period.

IFG LifeCHOICE is an insurance product of PT Asuransi Jiwa IFG Life, which is licensed and supervised by the Financial Services Authority. Therefore, IFG LifeCHOICE product is NOT a Bank BTN product and Bank BTN is not responsible for the policy issued by PT Asuransi Jiwa IFG.

Double Protection

Available protection up to 200% of the sum insured

Death Benefit

100% of the sum insured if the death is not due to an accident

Critical Illness Protection

24 critical illnesses protection, with 100% of the sum insured at each stage

Premium Return Benefit

A return premium of up to 106% at the expiration of the policy

Double Protection

Available protection up to 200% of the sum insured

Death Benefit

100% of the sum insured if the death is not due to an accident

Critical Illness Protection

24 critical illnesses protection, with 100% of the sum insured at each stage

Premium Return Benefit

A return premium of up to 106% at the expiration of the policy

Insurance Information

Insurance Benefits

Non-accidental Death
100% of the Sum Assured if the death is not due to an accident.
Accidental Death
Compensation of up to 200% of the Sum Insured if the death is caused by an accident within 90 days after the accident occurred.
Critical Illness
Critical illness benefits if the Insured suffers or is diagnosed with one of the critical illnesses as listed in the List of Critical Illnesses/Conditions for three stages (early, intermediate, and late), with benefit payments between 50%-100% of the sum insured, according to the severity of the condition.
Premium Return Benefit
Premium returns up to 106% if there is no benefit claim or death during the active policy until the end of the insurance period.

Premium Payment Method	Premium Return Benefit
5-Year Regular 5 Years	100% from paid Premium*
10-Year Regular Premium	100% from paid Premium*
One-time Premium	106% from paid Premium

*The Premium Return Benefit value may be adjusted periodically and the applicable benefit value is stated in the Policy, as well as applies from the purchase of the Policy until the Insurance Period of the Policy ends.

Product Specifications

Product Specifications
Entry Age of Policyholder	18-69 years old
Insured Entry Age	1-60 years old
Insurance Period	10-15 years
Sum Assured	IDR 5,000,000 to IDR 2,000,000,000
Premium	Minimum: IDR 1,000,000
Maximum: IDR 100,000,000
Premium Payment Period	One-time and Regular (5 and 10 years)
Premium Payment Method/td>	One-time and Regular (Monthly and Annualy)

Term & Condition

Terms

Complete the required documents at the nearest BTN Branch Office.
All information, statements, and notices given are the basis for the Policy and are an integral part of the Policy
The correctness and completeness of the data filling is the responsibility of the Policyholder and/or Insured

Conditions

Premium Payment Requirement
- Prospective Policyholders are required to pay the Premium to the Insurer according to the Premium amount and Premium payment method as stated in the Policy
- Premium payment is considered valid, if the funds have been received fully by the Insurer
Claim Submission
- Prepare claim documents, fill out completely, and sign the claim submission form
- Download the claim submission form from IFG Life's official website/media
- Submit all claim documents according to the claim submission requirements to the Insurer's office or directly visit the nearest Walk-in Customer & Insurer Representative Office or BTN Branch Office
- The Insurer receives, examines, and analyzes the submitted claim documents. To find out the claim's status, the Policyholder/Insured can contact the Call Center 1500 176 or its revised number
- If the claim is approved, the Insurer will pay the claim payment no later than 14 (fourteen) working days after the claim decision is approved.

Illustration

Illustration of Benefits

On January 1, 2023, Mrs. A purchased an IFG LifeCHOICE Insurance product with an annual premium payment for a 10-year insurance period.
Name of Insured	Mrs. A
Insured Age	30 years old
Insurance Period	10 Years
Premium Payment Period	5 Years
Premium Payment Method	Annual
Premium	IDR 24,000,000
Sum Assured	IDR 168,000,000

Illustration 1

These are the conditions when Mrs. A was affected by Critical Illness and still alive during the Insurance Period.

Mrs. A is diagnosed with one of the Critical Illnesses, namely Early Stage Cancer. After the waiting period and passing the survival period, the Early Stage Critical Illness benefit will be paid in the amount of IDR 84,000,000.
If Mrs. A is diagnosed with one of the Late Stage Critical Illnesses and the Early Stage Critical Illness benefit has previously been paid to Mrs. A, the remaining Sum Assured will be paid minus the Critical Illness benefit in the Early Stage Critical Illness condition, which is IDR 84,000,000.
If Mrs. A is still alive until the insurance period but has submitted a Critical Illness Benefit claim, she will not get the return of premium benefit at the end of the insurance period.

Illustration 2

These are the conditions when Mrs. A was affected by Critical Illness and then Death Not Due to Accident.

Mrs. A is diagnosed with late-stage cancer and has never previously submitted an Early Stage Critical Illness claim. After the waiting period and passing the Survival Period, a Late Stage Critical Illness benefit of IDR 168,000,000 will be paid.
In the 6th Policy year, if Mrs. A dies due to the disease suffered, the Accidental Death benefit will be paid for IDR 168,000,000. After the Accidental Death benefit is paid, the Policy will be terminated.
Mrs. A does not get the Return of Premium Benefit at the end of the Insurance Period because the Policy ends when the Insured dies.

Illustration 3

These are the conditions when Mrs. A was affected by Critical Illness and then Died Due to Accident

Mrs. A is diagnosed with one of the Critical Illnesses, namely Late Stage Cancer, and has never previously submitted an Early Stage Critical Illness claim. After the waiting period and passing the Survival Period, a Late Stage Critical Illness benefit of IDR 168,000,000 will be paid.
In the 6th Policy year, if Mrs. A dies due to an accident, the Accidental Death Benefit will be paid with a total Sum Assured of IDR 336,000,000.
Mrs. A does not get the Return of Premium Benefit at the end of the Insurance Period because the Policy ends when the Insured dies.

Illustration 4

These are the conditions when there are no Critical Illness or Death claims at the end of the Insurance Period.

How To Register

1

Upload Data

Complete the data and document requirements on the IFG Life website or from the nearest BTN Branch Office.
2

Check Statement

Make sure the information, statements and notifications provided are the basis for the Policy and are an inseparable part of the Policy.
3

Registration Complete

The correctness and completeness of filling in the data is the responsibility of the Policy Holder and/or the Insured.

Find More Information

Find Answer For Your Question

What is the scope of protection covered by LifeCHOICE?

- 100% compensation if death is not due to an accident.
- Up to 200% compensation if death occurs due to an accident within 90 days after the accident.
- Critical illness benefits for three stages (early, intermediate, and late) with benefit payments between 50%-100% of the sum insured, according to the severity of the condition.
- Return of premium up to 106% if there are no claims during the insurance period.