Before we explore further, we at
least know what Health Insurance is.? By definition, citing
Investopedia (2019), health insurance is a type of insurance coverage that pays
for medical, surgical, or related health care costs as stated in the insurance
policy. Insurance companies that issue health insurance policies can reimburse
the insured for expenses incurred due to illness or injury, or pay medical
expenses directly.
To get Health Insurance
protection or benefits, every customer or Health Insurance policy holder is
required to pay health insurance premiums regularly. Usually insurance
companies provide insurance packages for their employees as a form of
protection guarantee. Premium payments vary, some are paid by the company, some
are deducted from the employer but are often also deducted from the employee's
salary. The cost of health insurance premiums is deductible to the payer, and
the benefits received are tax exempt.
The amount of the Health
Insurance premium varies, the value is adjusted to the insured's health
condition, the level of risk, benefits and other provisions of the insurance
company concerned.
Unlike BPJS Kesehatan, private
insurance has several advantages that BPJS Kesehatan does not have, such as
being superior in terms of speed, convenience and flexibility in choosing a
hospital. Treatment in all hospitals is basically accepted by insurance, both
cashless and non-cooperative (reimbursement).
Before choosing an insurance
company, you should understand all the systems or rules made by the insurance
company. Here I present a little information about some of the best life
insurance companies today. As a consideration before choosing to use a life
insurance company
1. AIA
One of the best AIA pure life
insurance policies that can be considered is AIA Critical Protection. Because
it not only provides death benefits, but also covers the cost of treatment for
the risk of critical illness up to the age of 99 years. Customers are also free
to choose the premium payment period, between 10-20 years with the benefit of a
loyalty bonus at the end of the insurance period, meaning that a fraction of
the premium will be returned at the end of the insurance period.
2. Prudential
One of Prudential's best life
insurance policy choices is the New Generation PRULink, which is available in
conventional and sharia forms. Prudential's life insurance policy is classified
as unit-linked insurance. This means that customers can get the benefit of the
death coverage and the cash value of the investment at once. If unit-linked
insurance premiums are generally expensive, it is different from the New
Generation PRULink which can be obtained with premiums ranging from IDR 400
thousand per month.
The advantages of this insurance
are that there are conventional and sharia policy options, the premium is fully
paid for insurance benefits, so it is not divided by investment, as well as an
additional 5% investment allocation after the first 10 years, but the drawback
is that the minimum sum insured is not too large, starting at IDR 200 million.
3. Sequis Life
Those looking for micro life
insurance can consider the Sequis Sejahtera Micro Insurance policy. This type
of micro insurance from Sequis Life offers death coverage + surgical coverage
at the same time. The advantages of micro insurance are in its friendly
premiums. Therefore, this type of insurance is perfect for prospective
customers who have a limited budget.
The premium is cheap and provides
surgery benefits as well as its advantages, however, the disadvantage is that
the sum insured is not high or proportional to the premium paid.
4. Menulife
One of the best products from
Manulife is Santunan Jiwa Protection, which is insurance that provides death
coverage up to Rp. 300 million. Customers will also get a 100 percent premium
refund at the end of the policy. However, this insurance company only covers
the customer's age up to 65 years.
5. Allianz
Another policy that can be
considered is from Allianz, namely SmartLink NewFlexi Account. This policy
provides protection up to 100 years of age and benefits from the cash value of
investing at once. In addition, customers can also add various riders or
additional benefits ranging from critical illness coverage to premium
exemption. However, by adding a Rider, the customer will be charged an
additional premium.
6. AXA Mandiri
AXA Mandiri Secure Plan is one of
the best pure life insurance policies from AXA Mandiri. The reason is that this
policy offers protection for 10 years and provides a return benefit of 110
percent premiums if there are no claims. In addition, customers only need to
pay premiums for the first 5 years for the 10-year protection benefit.
7. Cigna
Cigna Family Eazilife is one of
Cigna's flagship products because it can cover seven family members in one
policy with a refund of premiums at the end of the insurance period. In
addition, customers can also get a sum insured of up to IDR 500 million with a
protection period of 10 years. In addition to providing death benefits, this
policy from Cigna also covers the risk of critical illness. However, the sum
insured is still less competitive or not too large
8. Sunlife
One of the attractive policies
from Sun Life is the Sun Safety Like Insurance because apart from providing
life protection, this product also carries the risk of critical illness with a
premium return of up to 50 percent. These benefits can be obtained only by
setting aside premiums starting from IDR 248 thousand per month. The range of
coverage given is also quite large, starting from IDR 200 million to IDR IDR 1
billion, however, the policy can only be extended until the customer is 75
years old.
9. Simas Soul
Simas Jiwa Insurance also comes
with its flagship policy, namely Siji Guard. This policy covers the customer up
to 69 years of age. The sum insured will be given if the customer dies due to
illness or accident. The policy also covers the cost of hospital treatment due
to accidents. However, the Policy can only be extended until the customer is 69
years old.
10. BCA Life
The next best life insurance
recommendation in Indonesia is from BCA Life. Through the BCA Life Protection
Guard policy, which provides a sum insured of up to Rp1 billion and a 50
percent premium return benefit at the end of the policy period. The sum insured
is given if the customer is at risk of death either due to illness or accident.
However, the Policy can only be extended until the customer is 59 years old.
