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Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.
Central Asia Insurance is known as "Asuransi Central Asia" or "ACA Asuransi", and is one of the five most important Indonesian insurance company, [1] with 76 branch office and representative offices around Indonesia. The ACA company was established in 1956 with the name "Oriental NV" .On 5 August 1958 it was renamed "PT. Asuransi Central Asia".
In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay.
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
PT Asuransi Jasa Indonesia or known as Asuransi Jasindo is an Indonesian company engaged in service insurance. In 2020, the company officially became a member of the state-owned insurance holding company, after the majority of its shares held by the government were handed over to Bahana Pembinaan Usaha Indonesia.
Takaful (Arabic: التكافل, sometimes translated as "solidarity" or mutual guarantee) [1] is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty).
Postcard of NILLMIJ building in Jakarta. The Nederlandsch-Indische Levensverzekerings en Lijfrente Maatschappij (NILLMIJ, lit. ' Dutch [East] Indies Life Insurance and Pension Company ') was a prominent Dutch insurance company with extensive operations in the Dutch East Indies and the Netherlands. following the independance of Indonesia, its operations in the country were nationalized like ...
Insurance companies themselves, as well as self-insuring employers, purchase stop-loss coverage for a premium to protect themselves. [1] In the case of a participant reaching more than the specific (or "individual") stop-loss deductible ($300,000, for example), the insurer will reimburse the insured (the company, not the participant) for the remainder of the claim to be paid over that ...