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Asuransi Jasindo work harder on retail products
Source : Bisnis Indonesia, 13th December 2006
PT. Asuransi Jasa Indonesia in 2007 will work harder on retail products to be
able to reach Rp. 1 trillion by 2008.
Head of Specialized Marketing Division of PT. Asuransi Jasa Indonesia Zulchaibar
said that the retail sector presently makes up 25 % of total income. He expects
a bigger contribution of 30%-35% from this sector next year.
"We are coming up with product modifications in 2007 and will strive to reach 1
trillion by 2008," he explained in Jakarta yesterday. He disclosed that in 2006
the retail product may reach only 90 % of the pre-set target which was Rp. 530
billion.
"It is likely that we can go up to only 90 % of the pre-set target as it is very
closely related to the people’s purchasing power," he added.
Zulchaibar is optimistic that economic improvements will bring a favorable
impact on next year’s growth in the retail products. He furthermore mentioned
that the growth of banking sector this year has also risen 10 %, made up from 40
% retail and 60 % corporate sectors. Jasindo has brought out several retail
products such as motor vehicles, personal accident, and fire.
Jasindo has also introduced an insurance product which covers protection for the
insured during their travel to their hometown, for a period of 10 days before
Idul Fitri until 10 days after Idul Fitri. Jasindo Mudik as it is called, this
product provides a guarantee against any risk deriving from accidents, such as
death, partial permanent disablement or total permanent disablement, including
the necessary costs of hospitalization or medication, in line with the policy of
the coverage. The premium is paid in the form of a Rp. 5000 coupon.
From Idul Fitri last year, Asuransi Jasindo obtained Rp. 76.3 million from
15,252 insureds. This is far below the targeted 600.000 people or Rp. 3 billion.
From last year’s gain, there were 12 claims including the death of one person,
the coverage of which was Rp. 25,000,000
www.jasindo.co.id @ 18/12/2006
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