Sun Life Indonesia And CIMB Niaga Launch X-Tra Proper Protection, Offer Flexibility And Multiplicative Benefits

Illustration. (Photo: Doc. Antara)

JAKARTA - PT Sun Life Financial Indonesia (Sun Life Indonesia) and PT Bank CIMB Niaga Tbk (CIMB Niaga) through the bancassurance partnership launched the latest insurance products, namely X-Tra Proper Protection, which is specially adapted for CIMB Niaga customers. This product is the answer to the needs of Indonesia's young generation for appropriate financial protection and management solutions with more value in the form of certainty of a return premium, multiple coverage benefits, and affordable premiums.

The presence of the Right X-Tra Protection is relevant to the current situation where the younger generation is faced with various challenges in financial management amid the increasing lifestyle of consumerism and lack of awareness of investing in retirement. In this case, the X-Tra Proper Protection can be an economical dwiguna traditional insurance solution for the younger generation of Indonesia, so that it can plan a more established financial future from an early age.

As a protection product, X-Tra Protection Rights also helps Indonesian families to stay awake in unexpected situations. This product offers various advantages, ranging from affordable protection, short premium payments for 5 years with maximum protection of up to 20 years, and flexibility through two protection plan options.

First, TEPAT 100 which helps plan medium-term pension and financial funds such as buying houses, education costs, business capital, with the benefit of dying up to 9.5 times the annual premium and the final benefits of the contract up to 190 percent of the total premium paid.

Second, TEPAT 200 which helps ensure that the family remains protected in unexpected situations with the benefits of dying up to 19 annual premiums and the final benefits of contracting up to 190% of the total premium paid.

Chief Distribution Officer & Sharia Director of Sun Life Indonesia, Danning Wikanti stated that his party is very happy to be working with CIMB Niaga in presenting X-Tra Proper Protection to customers.

"This product is the right choice to ensure comprehensive financial protection for CIMB Niaga customers of all ages, jobs, and total income through the flexibility presented. With X-Tra Proper Protection, customers can also have other financial goals planning, such as business needs, planning for education costs, and even starting inheritance planning," he said in a written statement, Friday, June 7.

In the context of this partnership, Danning also added, this collaboration is a concrete step for us in expanding Indonesia's access to financial protection and management solutions according to their needs.

"We believe that with the right X-Tra Protection product, CIMB Niaga customers can plan their financial future better and get peace of mind," said Danning.

Meanwhile, CIMB Niaga's Head of Preferred, Wealth and Insurance Business, Ariteguh Arief welcomed the presence of X-Tra Proper Protection as a form of sustainable partnership.

"There is nothing more important for us at CIMB Niaga than ensuring customer financial well-being. Therefore, we are pleased to be able to present the latest insurance product, X-Tra Proper Protection, which we believe will provide important financial protection for customers. This product is the right choice to protect the future of your finances and your family, in accordance with our commitment to provide the best service and relevant solutions for the needs of #YangUtama customers," he explained.

For more information on the right X-Tra Protection, CIMB Niaga customers can consult with an insurance advisor at the nearest CIMB Niaga Branch Office or visit the official Sun Life Indonesia website at www.sunlife.co.id.