Home Shield Package

COVERAGE Premium Rate / Premium Account
Dwelling House Apartement
Occupation Code 2976 2971 2972 2973
PROPERTY DAMAGE        
Flexas 0.0294% 0.035% 0.0385% 0.0376%
FWTWD 4.3A – Sub Limit 20% - Flood Zone 1 – Low 0.0350% *) 0.0280% **) 0.0280% **) 0.0280% **)
RSMDCC 4.1B/2007 0.0001% 0.053% 0.0036% 0.0040%
Other perils and additional coverage 0.0001% 0.054% 0.0036% 0.0041%
Earthquake perils – Maipark Zone IV ***) 0.1350%***) 0.1530%***) 0.1530%***) 0.1530%***)
Total Premium Rate Section Property Damage 0.1996% 0.2267% 0.2267% 0.2267%
PERSONAL ACCIDENT  
  • Death and Permanent Disablement: IDR. 10M/person
IDR. 10,000 /person
  • Medical Expenses: IDR. 1M/person
  • Funeral Benefit: IDR. 1M/person
THIRD PARTY LEGAL LIABILITY  
  • IDR. 100,000,000.00/anyone occurrence and aggregate within Indonesia
IDR. 50.000 /annual
EARTHQUAKE PREMIUM TARIFF

1. Commercial and Industrial (Non-Dwelling House)
CONSTRUCTION CLASS PREMIUM TARIFF OR CONTRIBUTION PER MIL (‰)
Zona I Zona II Zona III Zona IV Zona V
Com: Steel, Wood, RC ≤ 9 0.75 0.76 1.00 1.43 1.90
Com: Steel, Wood, RC > 9 1.12 1.15 1.22 1.53 2.00
2. Dwelling House
CONSTRUCTION CLASS PREMIUM TARIFF OR CONTRIBUTION PER MIL (‰)
Zona I Zona II Zona III Zona IV Zona V
Com: Steel, Wood, RC ≤ 9 0.76 0.79 1.04 1.35 1.60
 

Note :

  • FWTWD premium rate was calculated as follows,,
    *) 0.035% = 0.05% X 70%
    **) 0.028% = 0.05% X 80% X 70%
    subject to non flood prone area within Jakarta. Adjusted premium shall be done for other area.
  • Earthquake perils premium rate other than Zone IV, shall be refer to OJK Circular Letter No. 21/SEOJK.05/2015 at 30 June 2015.

DEDUCTIBLE / TIME EXCESS

  1. Flexas: NIL.
  2. FWTWD: 10% of recoverable claim amount.
  3. Earthquake: 2.5% of Sum Insured per risk location.
  4. Others perils/coverage: as stated in the policy schedule.