Agent Offers Insurance? Here's How to Deal With It

According to Article 1 paragraph 10 of Law No. 2 of 1992, an insurance agent can be defined as a person or legal entity whose activities provide services in marketing insurance for and on behalf of the insurer (insurance company).

Choosing insurance alone can certainly be confusing, that's why insurance companies deploy agents. Agents can also help with the claim process or use of the insurance products they have purchased.

So what should we prepare before we meet an insurance agent? Let's see the review below.

Explore and understand agent responsibilities

Check the track record of the insurance agent who meets you because the relationship between an insurance agent and a customer is truly long-term.

Agents are not only the spearhead of insurance product sales, but will also be the bridge between customers and insurance companies. They are also the ones who will later assist in all claim processes.

With the help of an agent, you can certainly get an insurance product that suits your needs. Therefore, do not hesitate to ask and dig up information about the insurance product.

Explore and understand agent responsibilities

Check the track record of the insurance agent who meets you because the relationship between an insurance agent and a customer is truly long-term.

Agents are not only the spearhead of insurance product sales, but will also be the bridge between customers and insurance companies. They are also the ones who will later assist in all claim processes.

With the help of an agent, you can certainly get an insurance product that suits your needs. Therefore, do not hesitate to ask and dig up information about the insurance product.

Be open about your finances

Don't hesitate to be open with your agent about your current financial situation. Ask for product recommendations that match your financial capabilities and can provide maximum protection.

You should know that there is no standard formula or ideal calculation regarding the amount of premium based on your income. However, to ensure your finances are safe, just allocate a maximum of 15% of your monthly income for insurance premiums.

Don't lie about your health condition to the agent.

In insurance, there is a process called underwriting. Underwriting can be defined as a process to assess and classify the level of risk of the insured and make decisions regarding risk acceptance.

It is imperative to be frank and honest about our current medical condition to the insurance agent. Do not lie because it can complicate your claim process in the future.

Be critical of what they offer

Be more critical when insurance agents offer their products to you. Ask for a complete explanation of the benefits of the coverage in detail, the duration of protection, and so on.

Don't hesitate to ask for a more detailed explanation regarding the product you want to buy, starting from the benefits and so on, to the claims process.

If you buy unit link insurance, you also have the right to ask for an explanation regarding the investment placement in your insurance.

Don't hesitate to refuse

There are many cases in the field that tell how someone was forced to agree to an insurance offer because they "didn't feel good about the agent." Or even worse, "bought because it helped the agent to close."

This is generally caused by a friendly or brotherly relationship between the agent and the customer.

Know that buying insurance must be based on needs. And insurance is an expense that you must pay routinely every year.

Buying the wrong insurance can result in losses in the future.

Know the 5 Important Benefits of Educational Insurance for Children Following

Every child has the right to get proper education so that they can develop and innovate in the future. However, what happens if finance prevents children from pursuing education?

Apparently, many have anticipated this from a long time ago. Some people choose to manage their children's education budget through Education Insurance products.

So, what benefits need to be considered and why should you also buy Education Insurance products? Check out the explanation below!

Helps Manage Education Budgets

With economic conditions that can sometimes be unpredictable, of course you must be really smart in managing education funds for the beloved baby. To simplify the educational costs of the baby, you can choose Education Insurance. Please note, by buying Education Insurance you will later be assisted by the insurance company in managing future education budgets and costs.

Funding While Education Level Increases

Although you do not have the freedom to withdraw funds at any time as you wish, Education Insurance will set aside a portion of the funds when the child enters a new level of education, for example when new to elementary school or high school. This is actually more profitable than you use an education savings service that can only be taken at the end of the savings period.

Provides Protection

Education Insurance protects a child's study plan from the life or health risks you experience if child financing or premium payment cannot be made, for example due to death and total disability. Insurance companies will cover the cost of premiums and provide monthly compensation to children until they reach the specified age.

Provides Flexibility in Premium Amount

Like other types of insurance, Education Insurance provides freedom in managing the amount of premium required each month. You can adjust it to the education plan you have for your baby, as well as your current financial condition.

Fighting Education Cost Inflation

The cost of education which is increasing every year will not affect the benefits received because Education Insurance manages funds as investments. The benefits you receive at the beginning will increase, some even reach 15% of the value of the monthly benefits at the beginning.

Similarly, information about the benefits of Education Insurance. Generally, the best education insurance does offer the five things mentioned above.

Does the US health insurance company cover COVID-19 patients?

Some health insurance companies say they will cover testing and treatment, but the situation remains unclear.

Alone among developed countries, the United States health care system is not universal but is run by a non-profit health insurance company.

A former health insurance executive turned into a whistle-blower said the industry hopes to do well during coronavirus.

While several companies in the US said they would cover COVID-19 testing and treatment, there was still a lot of confusion about who would eventually cover the bill.

Shihab Rattansi from Al Jazeera reports from Washington, DC in the US.

Things to Look For in All Risk Car Insurance

There are 2 types of car insurance products that need to be understood by customers, namely all risk car insurance and Total Loss Only (TLO). The difference lies in the protection provided, where all risk insurance provides comprehensive protection against all vehicle risks (unless there are exceptions). This makes people more choose all risk products for vehicle insurance, especially new ones (vehicles under 5 years old), even though the premium is, the cost of all risk is far above TLO insurance. While TLO Insurance itself only protects the vehicle if there is total damage (more than 75% cost) or loss.

Given the relatively large costs, then before taking this all risk product, prospective customers must really understand the product so as not to be disappointed or misperceptions that can cause losses in the future.

The following points need to be considered before taking an all risk insurance product, given the frequent misunderstanding that leads to disappointment:

Customize with Needs, Do You Need All Risk or Enough TLO?

Car protection needs can be seen from the level of crime or other levels of risk such as the density of traffic where you live or travel frequently with the car. If you don't have exact data, you can check on the internet or other media. If the neighborhood is not too dense and minimizes the risk of accidents whether mild or severe then the TLO product is suitable for you to take.

But if you live in an area with heavy traffic, the risk of a vehicle accident, at least a large enough scratch. Just one stroke will cost at least 500 thousand-1 million if you go into body painting. If this condition occurs, then the risk product is suitable for you to take. Another example is for example where residences are often affected by floods, then the all risk insurance chosen must have an extended guarantee against floods.

Before applying for all risk insurance for your car, do the following first:

1. Check Your Budget, Is It Possible to Cover All Risk Insurance Premiums?

Because it protects all risks, the premium costs for this type of all risk insurance are indeed more expensive than TLO type car insurance. Car premium payments are usually once a year, for a new car with a price of 200 million usually requires a premium of 3 million per year. Well, check the budget and adjust the financial budget. Vehicle protection is an important condition because movable assets are usually risk-prone. So, if you are ready to buy a car, you must prepare more funds to buy all risk insurance.

2. Compare Products and Choose the Best and Most Trusted

The amount of premium costs is indeed one of the considerations, but it is also necessary to consider the benefits and reputation of the insurance company that you will take. This reputation is important because it will affect the claims process later. It may be that the premium is a bit expensive but the ease of the claim process and the partner car repair shop network is much more. This is of course an important consideration besides premium costs.

By comparing products and seeing the reputation of insurance companies, it will be easier to get the right product from an insurance company that has a good reputation. Especially when comparing products and reputation can be easily done through the internet network.

3. Pay Attention to Company Reputation, Customer Testimonials To Not Be Disappointed

One way to look at a company's reputation is to be keen to pay attention to the testimonials of customers who have used insurance products, especially the problem of claims. Car insurance is identical to the claim process. If the claim is easy, the network is wide, the customer is satisfied then the testimonial will usually be good too. This is what drives the company to get various awards and slowly but surely its reputation will also go up.

In addition to paying attention to some important things before taking the all risk insurance products above, another important thing that needs to be understood is the claim mechanism. In general, the claim mechanism is relatively easy, if there is a risk the customer lives, contact your call center or sales acquaintance and submit a plan for the claim process. Just follow the instructions given.

Are You Confused Looking for the Best Car Loan? Pay attention to the solution!

Tips for Choosing the Right Education Insurance for Children's Schools

Children's education is an important thing that must be prepared by parents as early as possible. The cost of education every year always rises with an average inflation of educational costs around 15 percent per year.

Therefore, parents need to choose the right financial product so that in time the child enters school will have enough money to pay for it.

One financial product that can be chosen is education insurance. However, before buying an education insurance policy, it's good to know a few of these points first.

Determine the child's education plan

Before being tempted by offers and the lure of educational insurance agents, parents should make plans in advance for children's education.

This planning is very important because it can be a guide in choosing the right education insurance. First of all, make a plan how high levels of education you want to be prepared for children.

Decide where your child will go to school. Make plans as detailed as possible by including the name of the school and the year the plan will be to school because it is related to the cost of education needed.

Parents also need to know the profile of the school they are going to in when making plans by asking the closest relatives or other parents who have put their children in the school.

In making a plan, it is also a good idea to go to the intended school to get clearer information. And what should not be forgotten is the identification of children's talents and interests so that school selection can be in accordance with the wishes of the child.

Make a small research about the cost of education

Parents also need to find out the current education costs to estimate the amount of education costs when the child enters school age later. Find out information on fees at the school to be addressed from the initial entry to graduation which includes entry fees, monthly fees, annual fees, extracurricular fees, and other fees.

These details can also provide an overview of the amount of costs required so parents can choose the appropriate education insurance products and can guarantee the availability of children's education costs.

Learn the pluses of minus education insurance companies

Every insurance product offered by an insurance company must have its own advantages and disadvantages. In determining the right insurance company, you can pay attention to the company's financial strength through assets and liabilities and the quality of its workforce.

The financial condition of an insurance company can be seen from its balance sheet reports that are submitted to the public transparently.

In addition, choose an insurance company that has a positive and trusted track record. You can also ask for an explanation from the insurance agent and don't forget to ask everything you want to know clearly, especially related to the products offered so you can understand clearly.

Information or input from people who already have education insurance at the intended insurance company is also very necessary so that it can be a lesson for the future.

Look for one that suits your child's financial condition and educational plan

Children's education plans that have been made will be very helpful in determining appropriate insurance. Understand all information obtained from agents or from other parties.

In choosing education insurance, adjust the education plan and the insurance program provided.

You also need to adjust to financial conditions by measuring the amount of funds available that can be set aside to buy insurance premiums.

Look for a flexible policy

Insurance is not like saving money in general at a bank whose funds can be withdrawn anytime when needed. Insurance, especially for education, is a long-term investment where funds can only be taken after the child reaches a certain age according to the agreement in the premium, or is ready to enter school to the specified education level.

Usually the education system and curriculum in Indonesia often changes so that it affects the cost of education. Therefore, you should choose a policy that is flexible and profitable that can be claimed at any time to finance the educational needs of children.

Make an appropriate education fee calculation so that at the time of disbursement of insurance claims there will be no shortage of tuition fees.

In addition, it is also a good idea to choose a policy that can change currency if you plan to send your child to study abroad.

Then, you also need to pay attention to what facilities are offered by an education insurance product such as additional health insurance facilities that can guarantee the health costs of children registered at

Revealed! This is an Unknown Risk of Children's Education Insurance

Preparing the future of children is a duty of parents, including you, of course. One of them is planning for children's education funding from an early age, both in the form of education savings and education insurance.

You know, school or education costs increase every year. The high cost of making a head around 7, both the levels of PAUD, kindergarten, elementary, junior high school, especially college. If not prepared from now on, parents can be distressed when the need comes.

You can prepare education funds through education insurance products, in addition to education savings. Obviously the two are different, but now parents are starting to look at insurance education for the future of their children.

If you intend to buy or propose the product, make sure you understand child education insurance in detail, including the risks. This is important, considering the purpose of buying education insurance related to children's education plans in the future.

Do not let the education plan is interrupted just because you buy an education insurance product that is not right. Poor preparation. For that, let's review some of the risks of education insurance that you can consider before buying or applying:

1. Educational insurance is not savings

Remember, when buying insurance products, you will be charged a fixed premium every month. Similar savings plan in a certain period of time huh. But make no mistake, insurance education is not education savings. Generally, this education insurance is a unit link insurance that includes investment in it.

How it works, your collected funds will be invested by insurance companies into various investment instruments or portfolios that they think are appropriate and profitable.

You can get benefits or benefits from the turnover of these funds. These benefits are included in the education insurance benefits. However, you need to know, there must be a risk in investing. Risk of loss or partial loss, even of your entire insurance fund. So, understand this well, moms.

2. Many cost cuts

When you deposit education insurance premiums regularly every month, you will definitely assume if the total funds collected are as much as you have deposited. It might also think the funds will be much greater considering there are investment activities in it.

But make no mistake, many education insurance customers actually complain about this. Where the amount can be much smaller than the premium or funds that you have deposited so far. In fact, not all of your premium funds are rotated by insurance companies.

Usually for the first 5 years, this premium will be deducted with various fees or fees. The amount of this discount is quite large, so the funds invested are not too much. So do not be surprised, if a few years after buying education insurance, the funds collected will be far less than your total premium deposit.

3. Premium payment period is longer than the agreement

The tenor or short period of premium payment is often used as an insurance selling point for insurance agents. But after buying, you have to pay a premium with a longer tenor.

This is very possible, because investment will always have risks. If the investment is not profitable, then your premium payment period must certainly run longer than expected.

4. One chooses investment instruments

When you hang a child's education fund on education insurance, you certainly expect to benefit from investments made by insurance companies. But back again, no one can guarantee whether this investment runs successfully.

It could be that insurance companies choose the wrong investment instrument. The performance of the portfolio has deteriorated, so that instead of profits, there are losses or losses of funds. These conditions will definitely have an impact on the funds that you have invested in education insurance.

5. Not reading and understanding the policy properly

Buying education insurance products, you are planning something important for the future of children. But that desire may not be achieved, if you do not read and understand the entire contents of the insurance policy from the beginning.

An insurance policy is a legal document that contains various rules and other matters related to the education insurance product that you buy. It is important for you to understand every detail correctly, before finally deciding to buy.

Understand the Risks Early on and Choose the Right Product

Applying for or buying education insurance is one way parents plan for children's education funding. But do not just buy without finding out first about the ins and outs of education insurance.

Especially regarding the risks, because this is not a product ta

Know the Cost of Children's Education Insurance & Benefits

In The World there are many insurance products offered by insurance companies. One of them is Education Insurance. Insurance Education will prepare children's education in the future. Because the cost of children's education always increases every year. Education Insurance will help you and your partner to plan children's education funds so that your child can get a good education.

Check out some of the benefits of Education Insurance and the amount of Education Insurance costs that you must know below:

Guarantee Children's Education Funds

One of the benefits of Education Insurance is that it can guarantee children's education and the safety of children's education in the future. The cost of education is always increasing every year and you as a parent cannot predict with certainty how much the children's education costs when the child is entering the age to go to school.

Some insurance also guarantees children's education funds by giving a sum of money, even though there is a disaster for the parents of the children of the Policy Holder. Insurance Education also provides tuition fees until the child's education is complete even though parents are gone. Furthermore, education funds can also be taken at a certain time even though there is no disaster whatsoever as long as insurance is active.

Forms of Child Education Planning

Benefits of Education Insurance that is no less important is that insurance companies will help you make a good education plan for your child. After you buy an Education Insurance product, the insurance company will help with education planning tailored to the wants and needs of the Customer.

The customer can determine which level of children's education will be covered by Education Insurance, where the location of education will be taken and the amount of fees needed. This educational plan will determine the amount of premium you will pay each month. Insurance Education will really help you to plan children's education properly and in detail.

Helping You Manage Finances

Benefits of Child Education Insurance is an insurance company that can manage finances. Because the cost of Education Insurance is determined by the Education Insurance product that you choose in accordance with the abilities and desires of the Customer. The insurance company will provide the cost planning needed for your child to graduate.

In addition to planning for Education Insurance costs, this product will also provide you with emergency funds, savings and investments in the form of Education Insurance. Good financial arrangements will help you achieve your child's future building goals.

Has Additional Facilities

In addition to being useful in preparing for the child's future, Education Insurance also has many additional facilities. Generally, Children's Education Insurance is accompanied by Health Insurance. Health insurance can protect children and provide hospital children's care costs if needed.

Moreover, Children's Education Insurance will also provide compensation when a child is sick or dies. Of course some of the above you will not get if you only rely on education savings.

That's the 4 benefits of health insurance that you must know. For the cost of education it really depends on the wants and needs of the child. One of the Education Insurance that provides many benefits is PRULink Edu Protection.

This Education Insurance product is indeed designed to protect the joy of your child today and his education later in the day. This product is an investment related product that provides a monthly financial assistance when a risk occurs.

Furthermore, the minimum Education Insurance fee that must be paid if you buy PRULink Edu Protection is IDR 500,000 per month with protection age up to 18 years or 25 years old.