Did You Know? - Under Insurance of Motor Vehicle Policy

To determine a sufficient sum insured for your motor insurance policy, we would suggest you to refer to the prevailing market price at the time of the policy acceptance as this is importance to avoid underinsurance condition or a situatian when an vehicle is insured lower than the prevailing market price which may affect your loss indemnification following to the provision of the insurance policy which stated that:

For example a car A is insured in amount of IDR100 million while the market price should be IDR150 million, herewith is an illustration of loss calculation on the above situaton:

At the time of total loss:

The amount of indemnity received is IDR100 million, since the maximum indemnity is sum insured.

This condition also applies when the claim with at the time of partial loss IDR50 million:

Your insurer insurer will indemnify IDR33.33 million while the remaining IDR16.67 million shall be bear by your own.

Subsequently, for your convenient, kindly review your policy to ensure that the coverage provided is suitable with your need. Shall there is any changes required on the informaton of your personal details, scope of coverage, or you need other informaton or clarificaton about term and conditon of your policy, please feel free to contact us at 021 - 2523110 and we would be pleased to assists you.

Last, please ensure to save our Emergency Call Centre 021 - 29279636 (open 24 hours from Monday to Sunday) and dial it immediately in case there is any incident.