Sharia Insurance

Autosei is a four-wheel or more Sharia motor vehicle insurance plan based on Shariah principles that assures loss and loss of four or more motor vehicles.

Detail

MotoAsei is a Sharia Motor Vehicle Insurance that gives guarantees for loss and loss of two-wheeled motor vehicles based on Shariah principles.

Detail

PesonAsei is a student self-accident insurance that is a Shariah-compliant general insurance policy that covers students against the danger of death, permanent disability, medical bills, shelter allowance, and funeral allowance due to a suicide accident.

Detail

GriyAsei is a sharia-compliant fire insurance that protects against damage or loss caused by fire, explosion, plane accident, lightning, and smoke.

Detail

ASEI Sharia Insurance

Sharia insurance is insurance based on sharia principles with help-helping (ta’awuni) and mutual protecting (takafuli) among the participants through the formation of a collection of funds (tabarru funds’) which are managed according to sharia principles to deal with certain risks.

Here are some definitions in Islamic insurance:

Tabarru contract ‘

Is a grant agreement in the form of giving funds from one participant to Tabarru funds’ for the purpose of help among the participants, who are not and not for commercial purposes.
Wakalah Bil Ujrah

The Wakalah Bil Ujrah contract is a tijarah contract that gives the power to the company as a representative of the participant to manage the tabarru fund ‘and/or participant investment fund, according to the power or authority given, in return in the form of a fee (fee).
Mudharabah

Mudharabah contract is a contract to provide profit sharing for the investment of tabarru funds’.

ASEI Sharia Insurance Advantages

Sharing of Surplus Underwriting results

The distribution of the Underwriting Surplus results is only given to Participants who meet the following conditions:
- Participants have never submitted a claim in the year underwriting surplus/deficit calculation.
- Not currently filing a claim on the date of calculation of the underwriting surplus/deficit.
The amount of Underwriting Surplus is distributed to each Participant

If the amount of the Underwriting Surplus to be distributed to each Participant is less than IDR 50,000, – then the Underwriting Surplus will be included in the Tabarru Fund pool.
Surplus Underwriting

If there is an Underwriting Surplus, Participants agree to allocate the Underwriting Surplus as follows:
- 50% for the Tabarru Fund Collection’.
- 20 % for Participants who meet the criteria.
- 30 % for Company as operator.
Underwriting surplus will be distributed

Underwriting surplus will be distributed to Participants no later than 90 calendar days after the calculation is completed.

Surplus Underwriting

If there is an Underwriting Surplus, Participants agree to allocate the Underwriting Surplus as follows:
- 50% for the Tabarru Fund Collection’.
- 20 % for Participants who meet the criteria.
- 30 % for Company as operator.
Underwriting surplus will be distributed

Underwriting surplus will be distributed to Participants no later than 90 calendar days after the calculation is completed.
Sharing of Surplus Underwriting results

The distribution of the Underwriting Surplus results is only given to Participants who meet the following conditions:
- Participants have never submitted a claim in the year underwriting surplus/deficit calculation.
- Not currently filing a claim on the date of calculation of the underwriting surplus/deficit.
The amount of Underwriting Surplus is distributed to each Participant

If the amount of the Underwriting Surplus to be distributed to each Participant is less than IDR 50,000, – then the Underwriting Surplus will be included in the Tabarru Fund pool.

Surplus Underwriting

If there is an Underwriting Surplus, Participants agree to allocate the Underwriting Surplus as follows:
- 50% for the Tabarru Fund Collection’.
- 20 % for Participants who meet the criteria.
- 30 % for Company as operator.
Underwriting surplus will be distributed

Underwriting surplus will be distributed to Participants no later than 90 calendar days after the calculation is completed.
Sharing of Surplus Underwriting results

The distribution of the Underwriting Surplus results is only given to Participants who meet the following conditions:
- Participants have never submitted a claim in the year underwriting surplus/deficit calculation.
- Not currently filing a claim on the date of calculation of the underwriting surplus/deficit.
The amount of Underwriting Surplus is distributed to each Participant

If the amount of the Underwriting Surplus to be distributed to each Participant is less than IDR 50,000, – then the Underwriting Surplus will be included in the Tabarru Fund pool.