Property insurance for dwelling house & apartment

General requirements

1. For building consruction class 1 (walls, floor and all structural support components including the roof which all made from materials that are not flammable).
2. Maximum total sum insured of Rp 5 billion.
3. Located in the territory of Republic of Indonesia

CoVERAGE

STANDARD COVERAGE

1. FLEXAS: Protection against the risk of fire, lightning, explotion, falling of aircraft, and smoke
2. RSMD CC 4.1B/ 007: Protection against riot, strike, malicious damage, and civil commotion
3. Burglary: Protection against any burglary which were accompanied by any signs of forced entry to movable items (laptop, tablet, mobile phone) at the location
4. Protection against any damage caused by any unforeseen events

Additional benefits

1. Cost of temporary accomodations
2. Public liability
3. Personal accidents which resulting to the death of the insured/spouse/children (in the location of the insured)
4. Medical expenses due to the accident in the location for the insured/spouse/children
5. Medical expenses due to the accident for the family member of the insured and guest

Additional coverage (with additional premium)

1. EQVET: Protection against earthquake, volcanic eruption, and tsunami (vaild for special regions)
2. TSFWD: Protection against typhoon, storm, flood, and water damage (valid for special regions)

Asuransi Wahana Tata Fire Insurance (Asuransi kebakaran) is the right choice when you need protection for your assets in the form of buildings and its contents, against any accidents that can occur suddenly and unexpectedly.

OTHER PROPERTY INSURANCE

COVERAGE

• Fire.
• Lightning strikes.
• Explosion due to pressure of steam, gas or chemical explosions.
• Impact of Aircraft or objects falling from aircraft.

Property insurance from Aswata is the right choice to protect your buildings and properties. Please contact our nearest office for Other Property Insurance.

SUM INSURED

Sum Insured is the value of the property that you are insured, and you are entitled to fully determine the amount.

How to determine the Sum Insured

• The calculation of sound insured value is the "present value" of the insured property, not the market value relating to the location, uniqueness or artistic value. The value of land is not calculated to determine the sum insured of a property.
• Propose a Sum Insured as close as possible to the "sound value" of the property you want insured. If the Sum Insured is less than "sound value" you are in a state of "underinsured" which would reduce the amount of the claim settlement. However, if the Sum Insured is higher, you are in a state of "overinsured" that would not increase the claim settlement amount.
• You can apply for Sum Insured on the basis of "Reinstatement Value" of the insured property by special terms and conditions.  You may ask for an explanation from our officers on the conditions.

COSTS / INSURANCE PREMIUMS

Total premiums charged to you is the multiplication of:

• PREMIUM RATE X TOTAL SUM INSURED
• Fire Insurance Premium Rates in scale PER MIL (per thousand), which is determined by the area / type of risk that the desired and characteristics use of the property covered by insurance.

WHO IS ENTITLED TO INSURE

• Owner
• Creditors (eg, Banks, Finance Companies / Leasing)
• Others  who have the right of / authorization or a property based on contract or law (eg tenant, authority the owner)

YOUR PRIVILEGE

• Asuransi Wahana Tata currently has 70 branches and representative offices throughout Indonesia which allows us to reach you faster and serve your insurance claims closer.
• Website facility that enables you to have your insurance plan at any time and any place
• Credit Card payment facility.

All of the above are general description; information in details shall be written as the terms and conditions in the policy

Aswata offers you flexibility to choose insurance coverage for your car. You are free to choose any basic coverage and any additional coverage based on your need.

basic coverage:

1. Only for personal/office use and not for commercial
2. Maximum age of the car is 10 years for comprehensive coverage and maximum 15 years for Total Loss Only coverage

basic coverage selections:

1. Comprehensive coverage: Protect against loss and any damage that caused by: collision, slip, theft, fire, or any other caused which covered by PSAKBI
2. Total Loss Only coverage: Protect against the risk of loss or damage which the repairement cost exceeds 75% of total sum insured

additional coverage selections*:

1. Coverage against the risks of strikes, riots, and civil commotions (SRCC).
2. Coverage against the risk of flood.
3. Coverage against the risk of earthquake
4. Third party legal liability
5. Personal accident for the car driver and passangers

*with additional premium

special offer for bca credit card holders

For BCA Credit card holders, enjoy 3 or 6 months premium payment installment facility with 0% interest if you buy our car insurance product and arrange the premium payment DIRECT in our marketing office in: Bandarlampung, Bandung, Bekasi, Bogor, Cirebon, Denpasar, Jakarta Kayu Putih, Jakarta Pondok Indah, Jakarta Puri Kembangan, Jakarta Rasuna Said, Jakarta Senen, Jakarta Tanah Abang, Jambi, Jember, Makasar, Manado, Medan, Palembang, Semarang, Surabaya Tunjungan, Surakarta, Tangerang, Tasikmalaya and Yogyakarta.

Please contact our nearest office for other Motor Vehicle Insurance coverage/products.

INSURANCE VALUE

• Insurance value is the Insurance Value of vehicle and will become the limit of claim compensation right.
• Basic Insurance-Vehicle Physical
• In accordance with the vehicle value/market price when it is insured.
• In accordance with value/equipment price/additional accessories which is intended to be insured.

If the Insurance Value of your physical vehicle is below the market price, then you will be in an “underinsured” condition, which may cause the decrease to your claim compensation right proportionally. However, if the insurance value is over the vehicle Market Price, then you will be in an “overinsured” condition, which may not increase your compensation right (claim).

ADDITIONAL INSURANCE

Determine the insurance value in accordance with your needs and wants.

COST/INSURANCE PREMIUM

Premium amount that will be applied to you is multiplication result of:

• PREMIUM RATE X INSURANCE VALUE
• Premium rate of Vehicle Insurance will be in a scale which is determined by type of vehicle and the insurance coverage preferred.

THE PARTY WHO IS ENTITLED TO INSURE:

• Owner
• Creditor (such as Bank, Leasing Company)
• Other party who has a right/power on an asset based on a contract or regulation (such as: lessee, owner’s attorney).

THE EASE FOR YOU

• Currently there are 70 branches of Asuransi Wahana Tata, which locations are spread in many big cities, which enable us to reach and serve you faster in covering Insurance up to handling claims.
• Website facility, which eases you in requesting offers for your insurance plan with no limitation of time and place.
• Premium payment facility by credit card and Virtual Account.
• Associated workshops network, which have been widely spread, with quality controlled.

For further information please contact our nearest branch/marketing office.

Marine Cargo Insurance is an insurance product which provides protection to cargo which is transported via road, sea or air. 

The freight insurance is intended for the cargo owner, either individual, institution or company, who needs protection for their cargo. Either the freight is performed by using their own vehicle or by using freight service company.

SELECTION OF INSURANCE

• Institute Cargo Clause A (ICC A)
  Cover all loss except the risks that are “excluded”, including General Average and Salvage costs, and liability on Both to Blame Collision.
• Institute Cargo Clause B (ICC B),
  Cover risks of fire, explosion, aground, sinking, stranded, flip over, collision, demolition, earthquake, volcano eruption, lightning strike, rescue action, influx of seawater, total loss per packing, general average and salvage costs, liability on Both to Blame Collision.
• Institute Cargo Clause C (ICC C),
  Cover risks of fire, aground, sinking, stranded, flip over, collision with other object, demolition, general average, and salvage costs, liability Both to Blame Collision.

Selection of Additional Insurance (optional) such as:

• Institute Strike Clause
  Insurance against any risks of strike, deterrence work/worker, labor disturbance, riot, civil insurrection, terrorism, political action, general average and salvage costs.
• Institute War Clause
  Insurance against any risks of war, civil war, rebellion, violent act from and or against the authority, arrest, takeover, detention related to the abovementioned risks, mine, torpedo, bomb or lagged war weapons, general average and salvage costs for the loss caused by the abovementioned risks. SUM INSUREDSum insured is the Value of every insured asset based on the Invoice and or market price..

Sum insured composition:

• Cost/Price
• Freight cost 
• Insurance premium (optional).
• Profit estimation (optional – generally 10% of the Price).

INSURANCE PREMIUM/COST

Total Premium that will be charged to you is the multiplication result of: 

• PREMIUM TARIFF X TOTAL AMOUNT OF SUM INSURED
• Freight Insurance Premium tariff shall be determined by scope/type of risks selected and natural use of the insured asset. 

FOR YOUR CONVENIENCE

• Currently there are 70 Asuransi Wahana Tata’s networks located in many big cities, which enable us to reach and serve you faster for insurance coverage up to handling claim. 
• Unlimited access to our website which ease you to query about the quote for your insurance plan. 
• Premium payment facility by using Credit Card and Virtual Account.

For more information please contact our nearest Branch/Marketing Office.

Personal Accident Insurance is a protection and your financial support to face any unexpected accident.

Personal Accident Insurance covers the risks of death, permanent disability, treatment and or medication costs which are directly caused by any accident, such as an event or incident that contains violence, either physically or chemically, which comes suddenly, unexpectedly or unplanned, from the outside, visible, directly to the Insured and caused personal injury, which the nature and place can be determined by Medical Science. 

INSURANCE COVERAGE

• Insurance A:
  Risk of death caused by accident. This type of insurance provides compensation if the Insured, whose name recorded in the policy, is dead or lost caused by an accident that is covered in the policy. 
• Insurance B (Optional):
  Risk of permanent disability caused by accident. This type of insurance provides compensation if the Insured, whose name recorded in the policy, experiences permanent disability, partially or completely, caused by an accident that is covered in the policy.
• Insurance C (Optional):
  Hospital treatment and medication costs caused by accident (maximum 10% of the sum insured). This type of insurance provides compensation of treatment or medication reimbursement if the Insured, whose name recorded in the policy, experiences accident that is covered in the policy.  

SELECTION OF ADDITIONAL INSURANCE RISK

Risk of molestation (caused by other people’s perpetration).

SUM INSURED

Sum insured, is the total amount that you may receive if experiences any accident that is covered in the policy. 

You may have a full right to determine the value based on the financial need of each customer. 

COST/INSURANCE PREMIUM

The premium amount that will be charged to you is the multiplication result of:

• PREMIUM TARIFF   X   SUM INSURED
• Personal Accident Insurance Premium Tariff depends on the insurance coverage selected.

For more information please call our nearest marketing officer.

PERSON THAT MAY BE INSURED

Person with age between 17 and 60 years old. 

FOR YOUR CONVENIENCE

• Currently there are 70 Asuransi Wahana Tata’s networks located in many big cities, which enable us to reach and serve you faster for insurance coverage up to handling claim. 
• Unlimited access to our website which ease you to query about the quote for your insurance plan. 
• Premium payment facility by using Credit Card and Virtual Account.

For more information please contact our nearest Branch/Marketing Office.

Custom Bond is a security product issued by Asuransi Wahana Tata in relation with customs’ special facilities for manufacturing industry, such as import duty postponement, additional import duty/duty free based on the Decree of Ministry of Finance and Regulation of Directorate General of Customs:

1. No. 580/KMK.04/2003, Ease Import for Export Destination Product
2. No. 140/PMK.04/2007, Temporary Import or Article 23 (9OB 23) Customs Ordinance
3. No. 160/PMK.04/2007, Advance Release Permit for Goods which are waiting for Document (Vooruitslag)
4. No. 291/KMK.05/1997, Bonded Zone
5. No. 65/PMK.04/2007, Employer of Customs Service Arrangement
6. No. 51/PMK.04/2008, Stipulation Letter of Customs Rate
7. No. 90/PMK.04/2007, Haul up of Export and Import Goods
8. No. 70/PMK.04/2007, Temporary Storage
9. No. 118/KMK04/2004, Non-Tax State Revenue
10. Regulation of Directorate General of Customs No. P-05/BC/2006 concerning Deposit Service Company

The Advantages of Custom Bond:

1. Does not require any security as long as the financial and
2. Documentation requirements have been fulfilled.
3. Low service cost.