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centralnews|Jakarta~PT Bank Danamon Indonesia Tbk (“Danamon”) and Manulife Indonesia are addressing the insurance protection needs of Indonesian families by introducing a new product, Proteksi Prima Investa Utama (PPIU), which provides life and helps clients achieve financial freedom based on their financial goals.

Proteksi Prima Investa Utama (PPIU) protects clients who need long-term protection up to the age of 99 and offers life protection with benefits equal to seven times the annual base premium.

This solution is aimed at customers who have both accidental death cover and an optimal investment.

“Danamon and Manulife Indonesia continue to provide innovative products and services to their customers. With the launch of Proteksi Prima Investa Utama, it further strengthens our partnership with Manulife and complements existing bancassurance products, in line with Danamon’s commitment to always provide the best financial solutions so customers can control their financial needs and goals.

This collaboration reflects Danamon and Manulife’s joint commitment to meeting insurance product needs, including life insurance. We hope that this life insurance can meet the financial needs of customers in the future,” said Hafid Hadeli, Deputy Senior Manager, PT Bank Danamon Indonesia Tbk.

The partnership between Danamon and Manulife Indonesia has entered its 12th year and has protected over 400,000 customers in Indonesia. This partnership allows both financial institutions to continue to develop and introduce product innovations based on customer needs.

“We understand that every individual wants financial freedom based on their life stage. Therefore, together with Danamon, we are introducing PPIU which comes with various advantages such as maximum protection and optimal investment, thus accelerating the achievement of clients’ financial goals and improving lives,” said Ryan Charland, President and CEO and CEO of Manulife Indonesia.

The PPIU is the first unit link product issued by Manulife-Danamon under the new PAYDI regulations. This product reflects that these two financial institutions are committed to implementing SEOJK PAYDI no. 5 of 2022 which offers more protection to customers. For more information on Prima Investa Utama Protection (PPIU), please contact the Manulife Indonesia Financial Specialist at your city’s Danamon branch or visit www.danamon.co.id.

About Danamon

PT Bank Danamon Indonesia Tbk (stock code: BDMN) was founded in 1956. As of December 31, 2022, the company manages consolidated assets of INR 198 trillion with its subsidiary, PT Adira DinamikaMulti Finance Tbk (Adira Finance).

In terms of shareholding, 92.47% of Danamon shares are held by MUFG Bank, Ltd. and a further 7.53% from the public.As of December 2022, Danamon was supported by a network of 879 conventional branches, Sharia units and branches as well as subsidiary business networks, and a network of ATMs, ATM Bersama, PRIMA and ALTO with a total of more than 60,000 units distributed in 34 provinces.

In addition to offline services, Danamon’s products and services are also accessible online via D-Bank PRO for individual customers and Danamon Cash Connect for professional customers. In addition, Danamon also provides round-the-clock services through SMS Banking service and Hello Danamon call center service.

As a member of MUFG, a leading global financial services group and Japan’s largest bank, Danamon leverages the strength, expertise and network of MUFG to serve customers and facilitate business growth. to create long-term value for all stakeholders.

Through the “Grow With Us” invitation which is based on Danamon’s vision of caring for and helping millions of people achieve prosperity, Danamon reinforces its commitment as a bank that is always ready to provide solutions for all. the financial needs of all customers in various segments including consumer, small and medium business (UKM), wholesale (corporate and commercial), both conventional and Shariah, as well as car finance through Adira Finance , in order to become more prosperous.

This is in line with Danamon’s commitment to providing comprehensive financial solutions to help customers continue to grow and achieve their financial goals, as a customer-centric organization as “your bank of choice”.

Danamon’s unique value proposition focuses on sales and service excellence, strong synergies with partners and stakeholders, and backed by world-class technology, so customers can take control of their needs and financial goals.

About Manulife Indonesia

Founded in 1985, PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia) is part of Manulife Financial Corporation, a Canadian financial services group with operations in Asia, Canada and the United States.

Manulife Indonesia offers a variety of financial services, including life insurance, accident and health insurance, investment services and pension funds to individuals and businesses in Indonesia. Through a network of nearly 11,000 employees and professional marketers in more than 25 marketing offices, Manulife Indonesia serves more than 2 million customers in Indonesia.

PT Asuransi Jiwa Manulife Indonesia is registered and supervised by the Financial Services Authority (OJK). For more detailed information about Manulife Indonesia, including links to follow us on Facebook, Twitter, Instagram, YouTube, or visit www.manulife.co.id.(SB/01/rel)