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Manulife Indonesia launches two new products – Protection for your health and your investments Jakarta – PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia) launches two new individual life insurance products that offer additional protection to Manulife customers. Living Protection is a new health insurance product in the form of a Critical Illness rider that provides insurance coverage against 38 dread diseases that can strike working people in the 30-45 age range. Value Protection provides additional insurance coverage and associated cash accumulation to help an individual’s plan keep up with his/her growing needs without the need for additional evidence of insurability. With this launch, Manulife Indonesia is demonstrating its strong commitment in introducing innovative products to meet the developing needs of Indonesian citizens. “Indonesians are becoming increasingly aware of the advantages of insurance coverage – whether they are young professionals planning for their futures or parents thinking long-term about how best to provide for their families,” said John Harrison, President Director of Manulife Indonesia. “Manulife takes great care in designing products that best meet the needs of the marketplace.” Living Protection – Your health is a priority During our most significant earning years, all of us are vulnerable to suffering from a critical illness, such as a stroke, heart attack, or cancer to name a few. These illnesses often occur at an age where the loss of income is most devastating. “Manulife Indonesia can help through its new Living Protection health insurance. If stricken with a major dread disease, Manulife’s Living Protection benefits remove the extra financial burden that often result from large, unexpected, costly treatments,” said Mr. Harrison. “A smart financial strategy plans for the unexpected and Manulife’s Living Protection is designed specifically to offer assistance when unforeseen illnesses occur.” “If you’re diagnosed with a critical illness, you want to focus on your recovery,” added Mr. Harrison. “Let Manulife take care of the costs associated with hospital care, medicine, even travel expenses, so that your attention can be focused on what’s really important… regaining your health.” Manulife’s new Living Protection insurance covers individuals in the event any of 38 leading dread diseases should occur, including: cancer, stroke, heart failure, multiple sclerosis, Alzheimer’s disease, Parkinson’s disease, muscular dystrophy and polio. Geared toward Indonesians, male and female, ages 18-50 years, Living Protection health insurance provides a predetermined lump sum payment if the person is detected with one of the 38 critical diseases during the coverage period, or until the insured reaches age 65. Important to note is that some illnesses are NOT covered. This is done deliberately in order for Manulife to provide maximum coverage at an affordable cost. “Thanks to improvements in medical science, there is a good chance people with critical illnesses will recover. Most of all, Manulife Indonesia is in the business of offering peace of mind when it’s needed most,” said Mr. Harrison. Value Protection – Guaranteed protection against uncertainty against uncertainty We all have goals in life that require smart financial planning – such as getting married, buying a house, studying abroad, starting a family or saving for retirement. Manulife’s Value Protection option helps realize long-term protection goals by providing additional insurance coverage and associated cash accumulation to help an individual’s plan keep up with his/her growing needs without the need for additional evidence of insurability. It is easily attached to a Pro Life or Pro Junior Plus insurance plan. The Value Protection option provides Manulife policyholders the opportunity to preserve the face amount of their policy if they are concerned about the value of protection in the future. The original value of the sum assured is protected against the possible inflation in Indonesia. “Value Protection is the first product of its kind on the Indonesian market,” said Mr. Harrison. “It delivers on Manulife’s strategy of providing Indonesians with leading financial protection and wealth management products to meet their changing needs.” About Manulife Indonesia Established in 1985, Manulife Indonesia was awarded the ‘Life Insurance Company of the Year’ award for 2002 in Asia by Asia Insurance Review, a respected insurance publication in Asia. Manulife Indonesia is one of the largest joint-venture insurance companies in the country and has been chosen as one of the best life insurance companies in Indonesia by Info Bank, Pilar Bisnis and Investor Magazine in 2002. The company offers a portfolio of comprehensive products and services in Indonesia, ranging from individual insurance, employee benefits to mutual funds. Headquartered in Jakarta, Manulife Indonesia operates through a network of 72 branches in 33 cities throughout Indonesia with the support of almost 4,000 staff and full-time agents, who serve more than 400,000 customers. - 30 - For further information, please contact:
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