Assurance Asei

PT Asuransi Asei Indonesia or Asei Insurance (d / h) PT Asuransi Export Indonesia (Persero) is one insurance company that has a complete insurance product. Export insurance products, trade credit insurance and export financing, and general insurance. So we are also known as 'one stop shop for insurance'.

Syariah Insurance is insurance based on Syariah principles with the help-help (ta'awuni) and mutual protection (takafuli) efforts among Participants through the formation of a pool of funds (Tabarru Funds) that are managed according to Syariah principles to face certain risks. Here are some definitions in Syariah

insurance as follows:

A contract is a written agreement containing certain agreements, along with the rights and obligations of the parties in accordance with Syariah principles.
Tabarru Agreement 'is a grant agreement in the form of giving funds from one Participant to the Tabarru Fund' for the purpose of helping among the Participants, which are not and not for commercial purposes.
Wakrah Akad bil Ujrah is a Tijarah Agreement which grants power to the Company as a representative of Participants to manage Tabarru Funds' and / or Participant Investment Funds, in accordance with the power or authority granted, in return in the form of Ujrah (fees).
Mudharabah Agreement is a contract to provide profit sharing on Tabarru Fund investment '.
Contribution is the amount of funds paid by Participants to the Company which will partly be allocated as Tabarru contributions' and the other part as a fee (ujrah) for the Company.
Tabarru Fund Contribution 'is a portion of the contribution paid by Participants which is then entered into the Tabarru Fund Collection' with the Tabarru Agreement '.
Tabarru Fund 'is a collection of funds originating from the contributions of Participants, the mechanism of its use in accordance with the agreed Tabarru Agreement'.
Underwriting Surplus / Deficit is the difference of more / less than the total Participant's contribution to the Tabarru Fund 'after deducting the payment of compensation / claims, reinsurance contributions, and technical reserves, within a certain period.

The Advantages of Syariah Insurance

Transparency in Management of Participant Funds of Syariah insurance with clear and transparent initial agreements and aqad that is Syariah compliant, tabarru funds' will be professionally managed by Syariah insurance companies through Syariah investments based on Syariah principles
Islamic Participant Fund Management by avoiding Riba (Interest), Maisir (Gambling) and Gharar (Unclear).Syariah insurance avoids the function of conventional insurance which contains Riba (Interest) Maisir (Gambling) and Gharar (Unclear). Tabarru funds' will be used to face and anticipate disasters / disasters / claims that occur among insurance participants. Through Syariah insurance, can prepare themselves financially while still maintaining the principles of transactions in accordance with Islamic fiqh. So there is no doubt for Syariah insurance.
Availability of Underwriting Surplus Allocation and Distribution

         - In the event of a Underwriting Surplus, Participants agree to allocate the Underwriting Surplus as
            follows:
            • 50% for Tabarru Funds Collection ’;
            • 20% for participants who meet the criteria;
            • 30% for the Company as an operator.
         - The Underwriting Surplus will be distributed to Participants no later than 90 calendar days after the
            calculation is completed.
        - Distribution of Surplus Underwriting results is only given to Participants who meet the following
           conditions:
           1. Participants never submit a claim in the underwriting surplus / deficit year.
           2. Not making a claim on the underwriting surplus / deficit calculation date.
        - If the amount of Underwriting Surplus to be distributed to each Participant is less than Rp. 50,000, -
          then the Underwriting Surplus is included in the Tabarru Funds' collection.

Asei Insurance has several types of Syariah General Insurance products as follows :
      1) Syariah Property Insurance

Insurance that provides compensation to the Insured for damage or loss of the insured property caused by fire, lightning strikes, explosions, aircraft crashes, and smoke originating from the insured property fire. Property insurance covers fire insurance and extended coverage (earthquake, storm, flood, typhoon, etc.) and also insurance for losses resulting from business interruption caused by fire.

Types of property insurance:
• Indonesian Fire Insurance Standard Policy (PSAKI)
• Indonesian Earthquake Standard Policy (PSGBI)
• Property All Risks (PAR) or Industrial All Risks (IAR)

2) Syariah Engineering Insurance

Engineering Insurance is a form of insurance that provides coverage for the risk of loss or damage to the insured object (usually related to construction; material; equipment or machinery) during the construction or installation of machinery against any risk of loss or damage that is unforeseen; sudden and accidental.

Expansion of coverage can be given against risks of loss or damage to property and physical accidents from Third Parties with a maximum value agreed upon in advance. Engineering Insurance is divided into 2 (two) large groups, namely: Insurance
Project Engineering and Non Project Engineering Insurance.

The type of coverage (policy) for Engineering Projects, namely:

Construction Insurance (Contractor All Risk Insurance / CAR): provides coverage for the risk of loss and / or physical damage to the construction.

Erection All Risks Insurance (EAR): provides coverage for the risk of loss and / or damage to the machines at the time of installation orinstallation. The type of coverage for Non-Project Engineering, namely:Electronic Equipment Insurance (EEI) : Machinery Breakdown Insurance (MB), Heavy Equipment Insurance (Contractor's Plant and Machinery / CPM)

3) Syariah Goods Transport Insurance

Insurance that guarantees damage or loss of goods transported from one place to another either by means of land transportation (trucks, trains, trailers), sea (ships) or air (aircraft) against the risks that occur during transportation of goods. The types of risks borne are divided into three (3) groups called the Institute Cargo Clauses (ICC) namely (from the most complete): ICC "A"; ICC "B" and ICC "C".

4) Syariah Ship Frame Insurance

Provides guarantees for damage or loss to ships, machinery and equipment from perils of the sea and navigational perils. The guarantee is full terms / full conditions (Cl 280) and limited terms / limited conditions (Cl 284 and Cl 289).

5) Syariah Miscellaneous Insurance

Liability Insurance: guarantees legal liability to third parties in the form of bodily injuries and / or property damage in connection with work or business activities carried out by the Insured.
Type of Liability Insurance:
• Public Liability Insurance
• Commercial General Liability or CGL (which includes Public Liability, Employer's Liability, Automobile Liability, Workmen's Compensation)

6) Islamic Money Insurance

Providing guarantees for loss of money, gold and / or equivalent to money (Checks, Bank Notes, Wesel) belonging to the Insured while kept in a safe, vault or other money storage; during shipping from one place to another; when stored at the cashier or counters where transactions are made; and guarantee the loss of the insured's money due to dishonesty of employees who are trusted in managing money.
Money Insurance Type:
• Cash in Transit (CIT)
• Cash in Safe (CIS)
• Cash in Cashier Box
• Fidelity Guarantee

7) Syariah Personal Accident Insurance

Provides a guarantee against the risk of death, permanent disability, and the cost of care or medication caused by an accident.

8) Shattering Insurance

Bear the loss due to theft which the thief enters the room occupied by the Insured, by violence / demolition and also damage to the Insured's goods as a result of the act.

9) Personal Accident Insurance Plus Syariah