Great Eastern Life Indonesia With OCBC Launches US Dollar Correspondence Insurance

Photo: Doc. Wikipedia

JAKARTA - Great Eastern Life Indonesia together with OCBC launched GREAT Max Pro Assurance, a life insurance product in US dollars to provide financial protection as well as asset stability.

Director of Bancassurance Great Eastern Life Indonesia Sisca Then said that this product is a relevant complement to the line of financial solutions offered through the OCBC bancassurance route, providing a more flexible choice for customers with medium-term planning needs.

"With a focus on the balance between wealth growth, liquidity and stability, GREAT Max Pro Assurance answers the increasingly dynamic market needs," he said in his statement, Monday, January 13.

Meanwhile, based on the results of the 2024 OCBC Financial Fitness Index (FFI), it shows that the Indonesian people are starting to show an increase in financial awareness, with 25 percent of them now having adequate emergency funds. However, challenges remain, with Indonesia's financial health score still at 41.25.

Sisca explained several advantages from GREAT Max Pro Assurance, namely providing fixed returns for the first 5 years, helping customers plan finances more with certainty.

Then, it provides flexibility to determine the amount of coverage money up to 5 times from the Single Basic Premium according to customer financial needs and protection from the impact of global economic fluctuations, providing security and stability for customers.

Sisca explained that amid global economic uncertainty, GREAT Max Pro Assurance is here as a protection solution that combines stability, asset growth and life protection in one product.

"This product is available in USD currency with a fixed yield guarantee for the first five years, so that this product can provide certainty and a sense of calm for customers in planning finances to achieve their financial goals," he explained.

Through the launch of this product, Sisca said that Great Eastern Life Indonesia is committed to continuing to provide relevant protection and investment solutions for the Indonesian people.

"With strategic cooperation with OCBC, GREAT Max Pro Assurance provides easy and reliable access for customers to achieve their financial goals," he explained.

Sisca conveyed that with a solution designed to protect and grow assets, Great Eastern Life Indonesia and OCBC support customers to face various financial challenges, achieve their life aspirations, and Become Great, Reach for Great

Similarly, OCBC Premier Banking Division Head Juky Mariska said that this product provides options for customers to have protection as well as cash value, which can be adjusted to their needs, and customers' financial aspirations at every stage of life.

"So they can plan the future more calmly and confidently," he said.