Ultima Wealth Assurance
Secure your Wealth Plan Now until future
Ultima Wealth Assurance by Allianz
Ultima Wealth Assurance is a unit link life insurance product that provides solutions with a single Premium payment for protection along with long term potential investment accumulation. You will also have more serenity in mind while planning future financial.
Product Highlight
95% Single Basic Premium allocation and 97% Single Top Up Premium as Investment Fund(1) for potential Investment Value.
No Investment Value withdrawal fee.
Using single bid and offer Unit price.
Guaranteed Policy issued up to Sum Assured IDR1.000.000.000/USD 80.000 per Insured per Ultima Wealth Assurance Policy(2).
Investment opportunities in Indonesia & Asia Pacific.
1
Investment Fund to purchase Unit according Premium allocation on investment based on Policy and Sub fund choice.
2
Based on product terms and conditions.
Insurance Benefit
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| Death Benefit. Insurance Period up to Insured Age 75 years old. |
Sum Assured which value is greater between IDR100.000.000 / USD 36.000 or 200% Single Basic Premium + potential Investment Value(1). |
|
Death Benefit due to Accident.(2) Insurance Period end when Insured reached Age 65 years old. |
Sum Assured which value is greater between IDR100.000.000 / USD 36.000 or 200% Single Basic Premium + additional maximum value whichever is greater between IDR100.000.000 / USD 36.000 or 200% Single Basic Premium(3) + potential Investment Value(1). |
| Partial Permanent Disability Benefit and Total Permanent Disability Benefit.(4) Insurance Period end when Insured reached Age 65 years old. | Sum Assured which value is greater between IDR100.000.000 / USD 36.000 or 200% Single Basic Premium.(5) |
1
Potential Investment Value is not guaranteed and may change from time to time depends on Sub fund option performance.
2
Death Benefit due to Accident will only be paid if Insured dies due to Accident within 90 days time period since Accident date. Death Benefit due to Accident will end when Insured reached Age 65 years old..
3
Death Benefit due to Accident Benefit payment will be reduced by Partial Permanent Disability Benefit paid before, if any, and Policy end.
4
Subject to terms and conditions in Permanent Disability Table and other terms and conditions in the Policy, if Insured suffer Total Permanent Disability (lost of body function according to what is meant in Permanent Disability Table) or Partial Permanent Disability (lost of partial body function according to what is meant in Permanent Disability Table) as a direct result from an Accident. The disability should be permanent and cannot be cured or restored. Permanent Disability Proof Period is 180 days starting from the date of diagnosis enforcement by Doctor who treat the Insured that the Insured suffer from Total Permanent Disability or Partial Permanent Disability. Total Permanent Disability Benefit and Partial Permanent Disability Benefit end on Insured reached Age 65 years old.
5
Sum Assured payment for Partial Permanent Disability Benefit will reduce Sum Assured of Death Benefit due to Accident and Total Permanent Disability Benefit. Permanent Disability benefit claim can only be submitted in one time for each of limb as mentioned in Permanent Disability Table. For Partial Permanent Disability Benefit will be paid according with Sum Assured percentage regulated in Policy. Total Permanent Disability Benefit or 100% Partial Permanent Disability Benefit payment will cause Death Benefit due to Accident, Total Permanent disability Benefit and Partial Permanent Disability Benefit end.
Notes:
- After Allianz paid Death Benefit or Death Benefit due to Accident to Beneficiary will cause Policy end.
- Each Insurance Benefit will be paid by Allianz after reduced by other obligations (if any).
- Total Permanent Disability Benefit and Partial Permanent Disability Benefit will be paid if Insured still suffered by Total Permanent Disability or Partial Permanent Disability after Permanent Disability Proof period end.
Investment Benefit
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| Single Basic Premium allocation (IDR & US Dollar) |
95%(1) as Investment Fund(3) |
| Single Top Up Premium allocation (IDR & US Dollar) |
97%(2) as Investment Fund(3) |
| Maturity Benefit: | If Insured still alive until Coverage End Date for Basic Insurance, then Allianz will pay investment benefit in the form of all Investment Value balance(3) (if any) to Policyholder. |
1
Acquisition Cost for Single Basic Premium: 5%.
2
Acquisition Cost for Single Top Up Premium: 3%.
3
Investment Fund to purchase Unit according Premium allocation on investment based on Policy and Sub fund choice.
4
Potential Investment Fund is not guaranteed and may change from time to time depends on Sub fund option performance.
- Insured entry Age:
- Death Benefit: 18 - 70 years old (nearest birthday).
- Death Benefit due to Accident, Partial Permanent Disability Benefit and Total Permanent Disability Benefit: 18 - 64 years old (nearest birthday).
- In IDR & US Dollar currency.
- Underwriting term applied: Guarantee Policy issued* (Guaranteed Issue Offer) without health declaration or medical questioner.
*) For life Sum Assured up to maximum IDR1.000.000.000 / USD 80.000 per Insured in Ultima Wealth Assurance Policy, accumulated with Guaranteed Issue Offer Policy type in Allianz with same Insured name. - There is Death Benefit exception according with terms and conditions applied in Policy.
Note: Effective as of 26 May 2025 subfund Smartwealth Dollar Equity China Impact Fund will be changed to Smartwealth Dollar Equity China Fund