COMPANY PROFILE

PT Asuransi Jiwa Sequis Financial (Sequis Financial) is a subsidiary of PT Asuransi Jiwa Sequis Life (Sequis Life). With the aim of serving Indonesia people broadly, in 2005, Sequis Life acquired all shares of PT Metlife Sejahtera (Metlife) and later changed its name to PT Asuransi Jiwa Sequis Financial that markets individual insurance both life and health, through bank and non-bank Partnership Distribution and Telemarketing as well as group life and health insurance through Employee Benefit Business (EBB)

By the end of 2017, Sequis Financial owns a total asset of Rp 498,1 billion and more than 30,000 policies. Sequis Financial is committed to answer the needs of Indonesian people through various life and health products for employees which can be tailored to the needs of the company, partnership with national and multinasional bank partners, and more than 50 well-trained and professional telemarketing.

EMPLOYEE BENEFIT BUSINESS

With over a decade of experience in employee welfare, Sequis Financial presents Employee Benefit Business that provides group and health insurance, pension as well as severance program products and services for corporation. Many corporations have benefitted from our well-designed protection solutions which can be tailored to meet the company needs. Sequis Financial is committed to continue helping many other companies enjoy the insurance benefits and services for their employees.

PARTNERSHIP DISTRIBUTION

Sequis Financial also partners with bank on distributing the insurance products in combination with bank products through bank distribution channels (bancassurance) and non bank companies cooperation (affinity). Sequis Financial has been partnering with several national and multinational companies as well as large and medium-sized private banks.

TELEMARKETING

Sequis Financial has partnership with several national and multinational companies and large as well as medium-sized national private banks in offering health, education, critical illness and life protection for credit card holders through Telemarketing distribution channel.

PT Asuransi Jiwa Sequis Financial is registered and supervised by Otoritas Jasa Keuangan (OJK).

No. Business License: 572/KMK.017/1997

PRODUCTS

With over a decade of experience in employee welfare, Sequis Financial presents Employee Benefit Business that provide group and health insurance, pension as well as severance program products and services for corporation. Many corporation have benefitted from our well-designed protection solutions which can be tailored to meet the company needs. Sequis Financial is committed to continue helping many other companies enjoy the insurance benefits and service for their employees.

Group Term Life

Group Term Life

Collective term life insurance for active employees of companies registered in Indonesia with a coverage period of 1 year, which may be extended. This insurance provides protection for employees for 24 hours everywhere.

  • Total Permanent Disability (TPD)

  • Supplemental insurance that provides coverage benefits if participants experience total permanent disability caused by disease or an accident.

  • Accidental Death and Disability Benefit (ADDB)

  • Supplemental insurance that provides coverage benefits if the participant dies (100% of Sum Insured) or suffers permanent disability due to an accident (% of Sum Insured in line with the corresponding benefits table).

  • Critical Illness
  • Supplemental insurance that provides benefits in the amount of the Critical Illness Sum Insured, in the case that the participant is diagnosed as suffering from one of 36 critical illnesses during the coverage period.

Group Health

Collective health insurance covering inpatient facilities and hospital surgery, with 24 hours service around the world. This insurance provides a cashless facility with a vast network that is evenly distributed throughout Indonesia.

  • Group Health Standard (GHS)

  • Health insurance packages that are intended for employees and their families. The main benefit of this insurance is coverage for accidents, illness or death. It consists of several insurance products and services that can be flexibly adapted to ensure that employees and companies feel secure.

  • Hospital Protection Plus (HPP)

  • A collective health insurance package with simple, easy, fast administration and underwriting process. Enjoy “Plus” benefits of access to hospitalization simply by showing your insurance card at partner hospitals, unlimited annual benefits (including family members), as well as the additional option of Critical Illness, Accidental Death & Disability Benefit, Total Permanent Disability, and Maternity.

  • Administrative Services Only (ASO)
  • ASO is administrative services for membership, claims administration, reporting and other services that can be combined by choosing Sequis insurance product. This program offers cashless facility and conveniences for your company to manage the employee healthcare costs.

  • Hybrid Group Health Protection (HGH)
  • Health insurance packages that combines the best health benefits for you with 5 major benefits:

    1. No waiting period

    2. No pre-existing condition exclusions

    3. No hassle payment

    4. No medical check-up required

    5. Hybrid benefits with BPJS Healthcare

Group Saving

Employee retirement savings based on life insurance.

  • Sequis Severance Program (SSP)

  • A severance program for employer funding, in accordance with the Labor Law No. 13/2003 (UUK 13/2003). This program is administered as group (pooled fund) on behalf of the company and offers flexibility that can be tailored to the needs of the company.

  • Sequis Dana Sejahtera

  • Managing employee benefits is very important, because employees are company’s assets. In order for the employees to provide the best performance and for company to achieve its business objectives, it is necessary to prepare a special fund from the company in preparing payments related to employment obligations such as severance pay, gratuity and compensation money for employee rights. Sequis Financial offers Sequis Dana Sejahtera that can be used to fund employee welfare programs.