Smart Fund Amanah

Smart Fund Amanah is a Shariah life insurance product that provide protection benefits until reaching the age of 99 years old and return on investment with a single premium payment based on a covenant Wakalah Bil Ujrah (agreement based on cost).

Through Smart Fund Amanah you can determine your own investment allocation and proportion according to risk profile and your needs to obtain optimal investment results.

You will also get the benefits of 2 (two) protection types:

Basic Protection

Life insurance protection as much as 200% of the single premium which is paid to the heirs in the case of the insured death.

Additional Protection

• Life protection and disability as much as 100% of the single premium with a maximum of Rp2 billions is paid to the heirs.
• Permanent disability protection as much as 100% of the single premium with a maximum of Rp1 billion.
• Protection of 49 critical illness, where the insured will be paid as much as 100% of the single premium with a maximum of Rp2 billions.

• Investment allocation of 105.26% to investment portfolio of your choice.
  
• No Fee for withdrawal and investment after 4 years.
  
• Investment choice that match your goals and your profile risk with a single premium top up which can be done anytime.
  
  

• 2 (two) program options:
  
  

• Managed by experienced trusted investment managers.
  

* ADDB is Accidental Death and Disablement Benefit.
TPD is Total Permanent Disability.

• Sign Insured Age: 18 - 70 years.
• Minimum single premium of Rp. 20 million and multiples of Rp. 5 million for the next one.
• Minimum Single Premium Top Up Rp 1,000,000. Free unit purchase cost. Free of cost changes in investment allocation, for the first through fourth change each policy year. The next change is only charged for Rp 50,000.
• Minimum diverted funds amounting to Rp 1,000,000.
• Administrative costs only Rp 30,000 per month deducted from your investment unit.
• Cost competitive investment management. The cost of insurance (tabarru) is determined by age and sex of the Insured Sum Insured and the amount will be deducted each month of your investment units until maturity or the insured dies.
• Premium paid will be allocated and calculated into the unit using the present Unit Selling Price.
• Unit price of Unit Sales Price and Purchase Price of the difference between the two can reach about 5%. Unit prices may change from time to time depending on the investment performance of insurance companies.
• Unit price is calculated daily.
• Single Premium Top Up to buy an investment unit, and the withdrawal of investment funds and change in investment allocation can be done anytime. size of the Premium Top Up doesn't increase the Single Sum Insured.


For more details, please call (+62 21) 5291 4722 or visit your nearest HSBC or HSBC Amanah branch