GREAT Legacy Assurance: Life Insurance Solution for Estate Planning and Asset Protection
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| Isurance (Doc. Ist) |
Printable.biz.id - Great Eastern Life Indonesia has launched GREAT Legacy Assurance, a life insurance product designed to help customers plan their inheritance, protect asset value from inflation, and provide financial security for their families in the future.
Benefits and Advantages of GREAT Legacy Assurance
Sisca Then, Director of Bancassurance at Great Eastern Life Indonesia, explained that in an ever-changing economic environment, people need an estate planning solution that is not only flexible but also capable of preserving their asset value over time.
For this reason, GREAT Legacy Assurance offers several key benefits, including:
1. Increasing Sum Assured Over Time
Starting from the sixth policy year, policyholders will receive an additional sum assured of up to 204% of the initial amount. This feature helps ensure that the value of the inheritance remains stable and is not eroded by inflation.
2. Protection Against Terminal Illness
If a policyholder is diagnosed with a terminal illness, this product provides 50% of the death benefit, with a maximum payout of up to IDR 3 billion per individual. This benefit serves as financial support during challenging times.
3. End-of-Term Benefit
If the policyholder survives until the end of the policy term, GREAT Legacy Assurance will provide a final benefit equivalent to the total death benefit. This ensures that the planned inheritance remains intact and can be passed on to the family.
4. Flexible Premium Payment Options
Policyholders can choose from flexible premium payment options, including:
Lump-sum payment
Regular payments over 3 or 5 years
With coverage extending up to the age of 100, customers can tailor their financial planning more comfortably.
Juky Mariska, Premier Banking Division Head at OCBC, emphasized the importance of financial planning for inheritance, especially for families looking to ensure financial stability for future generations.
"As a partner of Great Eastern, we strive to offer this option to our customers. We see this product as a relevant alternative for individuals and future generations alike," she stated.
How to Get GREAT Legacy Assurance
Customers interested in this product can obtain it through OCBC branch offices across Indonesia.
With its numerous advantages, GREAT Legacy Assurance is a strategic solution for those looking to plan their inheritance effectively and secure their family's future financial well-being.
