Lifeactive

Micredit Assurance Balance

PT Asuransi Jiwa Manulife Indonesia

Last seen

Aug 14, 2026

Currency

IDR

AI-extracted product content. Review before use.

Overview

Company site

Company

PT Asuransi Jiwa Manulife Indonesia

Currency

IDR

Insured object

Outstanding balance of DBS Credit Card and/or DBS Cashline debt

Coverage period

As stated in the Insurance Certificate (up to age 65 in illustration)

Sum insured

100% of DBS Credit Card/DBS Cashline debt or maximum Rp750,000,000, whichever is lower

Research context

Pricing tier

budget

Premium range

0.69% of outstanding credit balance per month (illustration: Rp690,000/month for Rp100,000,000 debt)

Target segment

DBS Credit Card and/or DBS Cashline holders

Distribution

Bank

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Rate tables, benefits, key facts, line-specific details, cash value, riders, and competitor context — extracted from official RIPLAY filings.

MiCredit Assurance - Balance Illustration

Parameter	Value
Policyholder (Sample)	Bapak Dana
Entry Age	25 years
Gender	Male
Coverage Period	Until age 65
Outstanding DBS Credit Card/Cashline Debt	Rp100,000,000
Monthly Premium	Rp690,000
Benefit Payout (upon insured event)	Rp100,000,000

Benefits

Death Benefit

100% of outstanding debt or max Rp750,000,000, whichever is lower

Critical Illness Benefit

100% of outstanding debt or max Rp750,000,000 upon first diagnosis of listed critical illness

Accidental Disability Benefit

100% of outstanding debt or max Rp750,000,000 for Permanent Total Disability due to accident

Key facts

product type

Credit Life

coverage type

Term Life

claim deadline

30 calendar days from the insured event

waiting period

90 calendar days from coverage effective date for critical illness

survival period

30 calendar days from first critical illness diagnosis

entry age insured

18-64 years old

premium frequency

monthly

underwriting method

Simplified Issuance Offer with health statement

distribution partner

PT Bank DBS Indonesia

premium payment date

5th of each month

claim payment deadline

30 calendar days after claim approval and complete documentation

critical illness count

entry age policyholder

Bank DBS Indonesia (corporate policyholder)

max benefit per insured

Rp750,000,000 across all MiCredit Assurance - Balance programs per participant

suicide exclusion period

24 months from coverage effective date (premium refunded)

critical illness conditions

Chronic Kidney Failure, Chronic Liver Disease, Myocardial Infarction, Cancer, Total Blindness, Coma, Major Burns, Multiple Sclerosis, Coronary Heart Disease, Coronary Artery Disease requiring Bypass Operation, Stroke, Important Organ Transplantation

Riders

No riders or add-ons were parsed for this product.

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