Zurich Topas Life Launches Zurich Proteksi 8, Simple Protection with 108% Guaranteed Return of Premium
July 13, 2017
- To help address the protection gap in Indonesia we need to offer a product that makes it easy for consumers to take a first step to enjoy the benefits of life insurance
- The young generation has the most to gain from insurance, yet this market is considered the most underinsured generation
- Zurich Proteksi 8 is a simple 8 year life protection plan, with 108% guaranteed return of premium and costing from as little as IDR50,000 per month
Jakarta, 5 July 2017 – Zurich Topas Life today announces a new life insurance product “Zurich Proteksi 8”. Through this product, the company is aiming to reduce the protection gap in Indonesia by offering a simple plan that makes it easy to take a first step in protecting the things they truly love.
Zurich Topas Life is keen to increase awareness of protection through offering a simple product that suits their preferences of a first time buyer. For example, the young generation is still considerably untapped by insurance. Nielsen Global research in 2015 noted that millennials are the most underinsured generation. The stage in life when most adults have the most need for life insurance is when they are parents and their children are young. Unfortunately, this is often a time when financial resources are already stretched. Thus, the younger a person to start protecting themselves, the bigger they will receive benefits from insurance,” said Peter Huber, President Director of Zurich Topas Life.
Zurich Topas Life sees “Proteksi 8” as a suitable plan for first jobbers and young professionals who have just started their career path and is financially on budget. “The young generation will soon become leaders, professionals and Indonesia’s future economic drivers. Through Zurich Proteksi 8, a product that suits their needs, we hope this young generation will be able to experience the importance of life protection – how it will create peace of mind, as well as to help equip them with better understanding on financial planning,” said Peter.
“Financial budgeting is always a challenge, especially for young families. Zurich Proteksi 8 offers the most protection for a low cost. “Zurich Proteksi 8 is a modern, cost effective life insurance strengthened with a guaranteed 108% return of premiums,” Peter adds.
The product is equipped with three main strengths. Firstly, Proteksi 8 is a short-term commitment of 8 years, not burdening customers with long term plans. Secondly, guaranteed return on premium. At the end of the plan, customers are guaranteed to receive 108% of all premium paid over the life of the plan. Thirdly, the product offers a great value of money as it starts with affordable monthly premium of IDR 50.000/month.
Zurich Proteksi 8 can be purchased through Zurich agency channel and in the future through our bank partners. We also provide payment option through our sales force digital platform, Zurich Pro. For further information about Zurich Investa Plus from Zurich Topas Life, customers can also contact Zurich call center at (021) 1500-987 or email to email@example.com.
About Zurich Topas Life
Zurich Topas Life (ZTL) is part of the Zurich Group that has expanded its business in the life insurance industry in Indonesia since November 2010. ZTL’s multi-distribution strategy provides customers a variety of options to enjoy insurance products while making our presence more meaningful in serving customers from many segments. Supported by the Zurich Group with a solid financial strength and global experts in the insurance world, ZTL is committed to becoming the best life insurance company in Indonesia for customers, employees, shareholders and business partners. PT Zurich Topas Life is a life insurance company registered and supervised by the Financial Services Authority.