Why choose Simas Kid

Simas Kid Insurance is a product dedicated by PT. Bank Sinarmas Tbk. and PT Asuransi Jiwa Sinarmas MSIG which is individual life insurance providing protection and guarantee of an education fund for the kids from elementary school level to university level.

The benefits you can get

	100% of Sum Insured This insurance program provides some Benefits in the form of 100% of Sum Insured if the Insured Person died within the Insurance Period.
	The Stages Benefit paid: When the Insured Person is The Amount of Stages (% of SI) Plan A Plan B Plan C Plan D 6 Years Old 5% - - - 12 Years Old 10% 10% - - 15 Years Old 20% 20% 20% - 18 Years Old 50% 50% 50% 50% 22 Years Old 15% 20% 30% 50% * SI = Sum Insured
	To guarantee the Exemption of premium payment To guarantee the Exemption of premium payment if the Policyholder died or sustained permanent disability during the payment period.
	Protection To protect the baby since still in the womb (smile baby)

Example:
Age of the kid: 6 years old
Parents take Plan B
So, the Premium paid by the Customer is Rp3,153,000/Years or Rp315,300/month for 5 years.
The Sum Insured = 20 million

The Benefit of
Education Fund will be disbursed when the kid is in:

Junior High School	12 Years Old = 10% of FA = Rp 2 Million
Senior High School	15 Years Old = 20% of FA = Rp 4 Million
University	18 Years Old = 50% of FA = Rp 10 Million
Postgraduate Fee	22 Years Old = 20% of FA = Rp 4 Million

Other Provisions

• Currency: Rupiah
• Insured’s Age is:

  Types of Plan	Allowed Ages
  A	30 Days - 9 Years
  B	30 Days - 9 Years
  C	30 Days - 10 Years
  D	30 Days - 10 Years

• Entry Age of the Policyholder: 20 -59 Years
• The Payment Period is 5 Years.
• The Premium can be paid annually, half-yearly, quarterly, or monthly (during the insurance period)