TrueMoney Indonesia Partners with Allianz Life Indonesia
29 August 2018

Jakarta, August 29, 2018 - TrueMoney Indonesia is collaborating with PT Asuransi Allianz Life Indonesia (Allianz Life) in launching SEKOCI micro life insurance products. Affordable insurance products to protect your family.

SEKOCI micro life insurance products are available at TrueMoney agents, which currently number around 16,000 agents. This service will provide life insurance protection for
3 months from following the service. The benefit of SEKOCI micro life insurance is the provision of compensation to families left up to Rp. 5 million, in the event of a risk of death to policyholders. The age range for participants is everyone from the age of 17-60 years. This service is available from 12 July 2018.

"Purchasing life insurance from an early age is very important, that's why we provide access to purchase and education of microinsurance products through truemoney agents. Simply find the nearest TrueMoney agent in your city and you can enjoy this service. With this service, will make the TrueMoney service more complete. We hope that with this convenience, the desires and needs of customers for a sense of security can be fulfilled, "said Calindra da Cunha, Operational Director of TrueMoney Indonesia.

Micro life insurance SEKOCI provides life insurance protection for 3 months with two affordable premium price options. By paying a premium of Rp 4,000, the insured will receive compensation benefits of Rp 1,000,000 if he dies due to illness and Rp 5,000,000 if he dies due to an accident. Whereas by paying a premium of Rp. 15,000, customers will get a compensation benefit of Rp. 5,000,000 if they die due to illness and Rp. 25,000,000 if they die due to an accident.

"Cooperation with TrueMoney is an important moment for the development of our business in the Emerging Consumers segment. The combination of the use of digital technology and human interaction through TrueMoney agents is expected to expand the marketing of microinsurance products while maintaining a personal touch compared to other marketing channels. As industry and regulators support the marketing process of microinsurance products going forward, Allianz Life will continue to be a pioneer in developing microinsurance in Indonesia, "continued Yoga Prasetyo, Head of Credit Life and Emerging Consumers of Allianz Life Indonesia.

"For easy access to the community, SEKOCI micro life insurance is also available through the TrueMoney member application, close Yoga

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