Benefits of iSALAAM

1. Death Benefit
   1. During the Insurance Period since the Effective Date of the Policy and the Policy is in an Active State, the Participant Dies within the first 2 (two) years of the Policy, then:
      • If the Participant Dies due to an Accident, the Manager will submit to the Beneficiary 100% (one hundred per hundred) of the Death benefit as stated in the Policy Summary.
      • If the Participant Dies not due to an Accident, the Manager will return 100% (one hundred per hundred) of the total Contribution paid by the Policy Holder.
        
        
   2. If the Participant Dies due to any reason, within the period from the third Policy Year to the Policy Expiration Date, the Manager will hand over to the Beneficiary 100% (one hundred percent) of the Death benefit as stated in the Policy Summary
      
      
   3. If the Participant Dies not due to an Accident and the Participant's age has not reached 4 (four) years, the Manager will hand over the Death benefit as stated in the Policy Summary with the following percentage factors:
      
      

      Participant's Age at Death	Percentage of Death benefit paid
      ≤ 1 year	20%
      2 years	40%
      3 years	60%
      4 years	80%
      > 4 years	100%

      
      
2. Contribution Exemption Benefit
   1. During the Insurance Period from the Policy Effective Date, the Policy is in an active state and there is no obligation of the Policy Holder to the Manager, the Policy Holder Dies within the first 2 (two) years of the Policy, then:
      • If the Policy Holder Dies due to an Accident, the Manager will pay the Contribution as stated in the Policy Summary.
      • If the Policyholder Dies not due to an Accident, there is no obligation from the Manager.
        
        
   2. If the Policyholder Dies due to any reason within the period from the third Policy Year to the end of the Contribution payment period, the Manager will pay the Contribution as stated in the Policy Summary.
      
      
   3. The benefit delivery will be carried out by the Manager for the next Contribution payment due date calculated from the Policyholder's Death. Contribution Exemption Benefits will be carried out on each Contribution payment due date, starting after the Contribution exemption benefit claim is approved by the Manager, until the end of the Contribution Payment Period.
      
      
3. Berkah 99 Benefits
   Healthy Living 99 is the Manager's promise to provide compensation in the form of Insurance Benefits to the Policyholder on the Policy Anniversary when the Participant reaches the age of 99 (ninety-nine) years, with the following terms and conditions:
   • The Participant is still alive and the Policy is active at the time of the Healthy Living 99 submission;
   • There are no outstanding periodic Contributions during the Contribution payment period;
   • Never restored the Policy before Healthy Living 99 was submitted according to the specified time; 
   • Healthy Living 99 will be given at 100% (one hundred per hundred) of the Death benefit as stated in the Policy Summary; 
   • If the Policyholder increases or decreases the amount of the Death benefit, then the Healthy Living 99 given is based on the lowest percentage of the Death benefit before the payment of Healthy Living 99.

As an illustration of how the iSALAAM solution works, here is an illustration:

Mr. Andi, 35 years old (registered as a Policyholder), together with his wife Nadya, 30 years old (registered as a Participant) has an iSALAAM Policy by choosing a monthly contribution payment of Rp238,050,- for 10 (ten) years. Therefore, Mr. Andi receives a Death Benefit of Rp100 million and if he reaches 99 years old, he will receive additional compensation funds of the Death Benefit.