Credit Insurance

1. Home Ownership Credit Insurance

Protection provided during the coverage period for the risk of loss of the Insured (bank) caused by the failure of the debtor to pay off loans for the purpose of purchasing property, such as: Houses, Shop Houses, Apartments, or Plots that are residential so that the credit collectibility condition becomes 5 (bad) according with BI checking reporting.

2. Employee Credit Insurance Plus

Protection provided to the Insured (bank) if the debtor cannot repay the credit facilities provided by the Insured, due to credit risk caused by declining Credit Quality, Debtor exposed to layoffs, death, or Debtor with the status of Board Member (DPR / D) due to termination or Interim Replacement (PAW).

3. Multipurpose Consumptive Credit Insurance

Protection provided during the coverage period for the risk of loss of the Insured (bank) caused by the failure of the debtor to pay off loans from which the source of payment is from a fixed income source (salary or pension) so that the credit collectibility condition becomes 5 (loss) in accordance with the BI checking report.

1. Aflopend Working Capital Credit Insurance

Protection provided during the coverage period for the risk of loss suffered by the bank caused by the debtor is unable to repay the disbursement of loans that are not revolving or can be disbursed in full or in stages so that it decreases following the debit tray and the debtor has been stated in collectibility 5 (loss) in accordance with the provisions Bank Indonesia as a credit collectability regulator.

2. Transactional Working Capital Credit Insurance

A Protection provided by Asei against any risk of losses suffered by a Bank, caused by the failure of a Debtor to repay any or all parts of its matured transactional Working Capital within the period as specified in the credit acceptence letter. Such insolvency is due to the Debtor’s failure in performing the contract or non-payment by the contract principal.

3. Revolving Working Capital Credit Insurance / Current Account Insurance

Protection provided during the coverage period for the risk of loss suffered by the bank caused by the debtor is unable to repay the disbursement of credit that is revolving or can be disbursed at any time during the term of the facility and the credit ceiling is still available and the debtor has been stated in collectibility 5 (bad) according with the provisions of Bank Indonesia as a credit collectibility regulator.

4. Investment Credit Insurance / Project Financing

Protection provided by medium / long-term credit risk provided to (prospective) debtors to finance capital goods and services needed in the context of rehabilitation, modernization, expansion, establishment of new projects, or relocation of existing projects which already have projected revenue support payment of installment obligations over the term of the credit.

5. Micro / Multipurpose Credit Insurance Executing Patterns

It is a banking credit that is intended for debtors with coverage not reaching end-users (individuals / groups).

6. Micro / Multipurpose Insurance Channeling Patterns

The protection provided during the coverage period for the risk of loss suffered by the bank / the Insured caused by the debtor is unable to repay the withdrawal of the credit linkage he did and the debtor has been stated in collectibility 5 (loss) in accordance with the provisions of Bank Indonesia as a credit collectibility regulator.

7. Government Credit Insurance Program

Protection provided for the risk of bank losses caused by debtors unable to pay off investment credit and / or working capital withdrawals in order to support the implementation of Government and debtor programs has been stated in collectibility 5 (loss) in accordance with Bank Indonesia regulations as a credit collectibility regulator.