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An increasing number of middle-class people in Indonesia is directly proportional to public awareness to double its assets to investment . However , not many people are aware of the importance of protection in the form of insurance .
It is delivered by the Insurance Business Head of Citi Indonesia Armand Furhad . According to Armand , the Indonesian people are still looking at insurance as a standalone product that is not integrated with other financial products . In fact , insurers are now able to complete a financial planner as a whole .
" Insurance is not they see as one . They see it as a stand alone product . We wants a proposition for financial planning . This is what we want to try to make how insurance products can be a financial planner to better provide for financial protection , " said Armand .
He said , the insurance can also provide growth for the relevant financial . " Then, too , transferring all assets to the next generation in the form of inheritance , " said Armand .
Armand expression is delivered in the launch of a partnership between Citibank NA ( Citi ) and AIA Group Limited in Jakarta . With the presence of the partnership, starting in October 2014 Citi customers can access four new integrated insurance products .
The product aims to protect wealth (wealth protection) , the accumulation of wealth ( wealth accumulation ) , and the distribution of wealth (wealth distribution) or heritage , as well as other products to meet the specific needs of customers in managing their finances .
"There are four new products . The two associated with the accumulation of wealth for financial development that we refer to as investment link insurance products, unit-linked . The single , unit-linked products are the single premium paid only once . One more regular supplies premium unit- links are paid each year for seven years , "said Armand .
The result of collaboration between Citi and the AIA can only be enjoyed by customers of Citi . If people are interested , then he needs to be a Citi customer first.
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