By Sudibyo M. Wiradji. Originally published in The Jakarta Post on October 18, 2017 Aditya (not his real name) had prepared everything for a two week holiday to Europe, expect for travel insurance. The 39-year-old manager of a private company had traveled overseas several times but had sneezed at the idea of needing insurance as he left everything to Yang di atas, another way of saying to God. But this time around he felt a bit unwell as he had a cough, followed sometimes by … [Read more...]
Insurance industry challenging yet promising
By Aulia R. Sungkar. Originally published in The Jakarta Post on October 18, 2017 Teddy was very skeptical about having an insurance policy. It wasn’t about the money, as he successfully turned his export business into a profitable venture. “But just like many other Indonesians, we still faced a steep learning curve in dealing with insurance products,” Lani, Teddy’s wife, recalled. That was in the late 1990s, during the heyday of his business. Later, in the early 2000s, the business … [Read more...]
Putting the ‘Sure’ in Insurance to Plan Ahead
Life insurance is indeed the cornerstone of financial planning. Not only does having a life insurance policy provide economic protection against unfavorable events, but no less important, it is a source of funds to secure a financial future. For those having a family that depends on their income, the policy allows the family to use the proceeds to help replace the policy holder’s income and eliminate his or her debt if something happens to the bread winner. Regardless of one’s quality of … [Read more...]