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SE OJK
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SE OJK

INSURANCE

Insurance is an agreement between an insurance company and a policyholder that is the basis for the insurance company to receive premiums in return for:

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a. ​providing compensation to the insured or policyholder for losses, damages, costs incurred, loss of profits, or legal liability to third parties that may be suffered by the insured or policyholder due to an uncertain event; or

b. providing payments based on the death or life of the insured with benefits of a predetermined amount and/or based on the results of fund management.

Insurance business is a business activity engaged in the fields of:

a. Insurance or risk management services.

b. Risk reinsurance.

c. Marketing and distribution of insurance products or sharia insurance products.

d. Consultation and intermediary for insurance, sharia insurance, reinsurance, or sharia reinsurance, or

e. Insurance loss assessor or sharia insurance.

Insurance business is carried out by:

1. Insurance Company:

​a. General Insurance Company, is a company that provides risk coverage services that provide compensation for losses, damages, costs incurred, loss of profits, or legal liability to third parties that may be suffered by the insured or policyholder due to the occurrence of an uncertain event.

b. Life Insurance Company, is a company that provides services in risk management that provides payments to policyholders, insured, or other entitled parties in the event that the insured dies or remains alive, or other payments to policyholders, insured, or other entitled parties at a certain time as stipulated in the agreement, the amount of which has been determined and/or is based on the results of fund management.

c. Reinsurance Company, is a company that provides services in reinsurance against risks faced by General Insurance Companies, Life Insurance Companies, Guarantee Companies, or other Reinsurance Companies.

2. Insurance Business Support:

a. Insurance Brokerage Company, is a company that provides intermediary services in insurance coverage or sharia insurance and handling insurance compensation settlements by acting in the interests of the insured.

b. Reinsurance Brokerage Company, is a company that provides intermediary services in reinsurance placement and handling of reinsurance compensation settlement by acting in the interests of insurance companies, guarantee companies, reinsurance companies.

c. Insurance Loss Assessment Company, is a company that provides assessment services for claims and/or consultation services for insured insurance objects.

Indonesia Insurance under OJK supervision. Check out Some SE OJK 



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What Does Your Financial Pathway Look Like?

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Mortgage Strategy

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Some of Our More Popular Services

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Personal Loan Advice

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Retirement Planning

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Our Team Has a
​Report Card Worth Bragging About

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YEARS IN BUSNESS
HAPPY CLIENTS
BILLION DOLLARS MANAGED
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What Our Client's Are Saying

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About Us

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246 West Main Street, #101          New York, NY 10001          (888) 121-1212


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