Insurance has become a common need for various Indonesian people. The presence of various types of insurance in Indonesia also makes it easier for people to choose the product that best suits their needs.
As is known, insurance is a service that serves to protect ourselves from financial losses caused by unexpected things.
The way it works is that the insured pays a premium according to the agreement to the insurance company to get a return in the form of protection.
According to one survey agency in Indonesia, Indonesian people are said to still want to set aside 10% of their income to pay for insurance. Unfortunately, not all insurance products available in Indonesia are in demand by the public for various reasons.
Then, what types of insurance are the most popular and most in-demand by the Indonesian people?
Check out some of the most popular types of insurance in Indonesia that you can have below.
5 Types of Insurance in Indonesia That Can Be Your Choice
1. Life Insurance
The most popular type of insurance in Indonesia is life insurance. Life insurance is one type of insurance that functions as financial protection in the form of compensation to the family of the insurance owner in the event of death.
This insurance will help the family left by the insured by getting a certain amount of money.
2. Health Insurance
One type of insurance that is very popular among the people of Indonesia. It's very important role is one of the reasons this insurance is mandatory for you and your family to have.
Generally, this insurance will cover the cost of the treatment process when you experience health problems such as illness, injury, disability, to accidents.
3. Vehicle Insurance
This type of insurance was in great demand during the riots in 1998. At that time, the Indonesian people wanted protection for their vehicles because of the damage to several vehicles due to the riots that occurred.
Vehicle insurance is important for you to have because it will help in terms of costs when your vehicle is damaged or lost.
4. Property and Home Insurance
For those of you who own a house or invest in property, of course, this type of insurance in Indonesia is a must-have.This insurance will protect your property and home in the event of a disaster such as fire, natural disaster, to war.
Although we never expected this, it is better to equip every property and your home with this insurance to be more protected.
5. Education Insurance
Education insurance is insurance that serves as protection for the future of children's education. Children's education has become a priority for parents to ensure a brighter future for their children.
This type of insurance is the best solution so that you can continue to equip your child to pursue higher education.