PasarPolis And DANA Provide Micro Insurance Of IDR 8,000 Per Month

Illustration. (Didi Kurniawan / VOI)

JAKARTA - PasarPolis has officially collaborated with the Indonesian digital wallet DANA to expand its microinsurance offering and reach more customers in Indonesia.

Starting today, all prospective customers can purchase micro-life insurance and inpatient insurance through the DANA Siaga feature in the DANA application starting from a price range of IDR 8,000 per month. This is one of the most affordable life and health insurance coverage in Indonesia.

"This strategic partnership with DANA further strengthens PasarPolis's commitment in realizing easy access to insurance through technology. We believe we can reach more potential customers and protect them from risks caused by health issues," said Nova Regina Taner, VP Partnership of PasarPolis in a written statement. received by VOI, Wednesday 17 June.

Launched in 2018, DANA in a short time has grown to become one of the largest digital wallets in Indonesia with more than 40 million users.

Vincent Iswara, CEO and Co-Founder of DANA said, as Indonesia's digital wallet, his party does not only focus on financial transactions, but more than that. One of DANA's missions is to expand digital financial inclusion for Indonesians.

"So that it can be a solution for the Indonesian people to easily adapt to various situations and changes, such as in the new era of normality today," said Vincent.

The presence of PasarPolis at DANA, continued Vincent, is a form of synergy that makes it easier for people to get micro insurance protection quickly, both in the midst of a pandemic and in the future.

The Financial Services Authority (OJK) noted, until September 2019, the number of micro insurance participants had reached 25.86 million people. Data from PasarPolis also shows that more than 70 percent of microinsurance buyers have come from millennials.

The launch of the partnership with DANA is in line with PasarPolis' plan to expand into the B2C (Business-to-Consumer) business model. Previously, PasarPolis hooked up a strategy that focused on the B2B (Business-to-Business) business model, by collaborating with strategic business partners.

Nishant Kumar, Chief Technology Officer of PasarPolis, revealed the importance of providing the right insurance protection product to the public. The speed of product development is no less important here.

"Our vision to provide insurance for everyone is very crucial, especially in the midst of this critical time. That is why we are working so hard, so as to successfully launch two new products in the DANA application in just a few weeks," explained Nishant.