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MOTORCYCLE INSURANCE

1. ACE Group
With an increase in accident rate and crime against motorcycle
riders, we need to be cautious and have some form of protection for
the motorcycles and their riders. The motorcycle insurance from
ACE Jaya Proteksi covers your motorcycle against the risk of
loss/theft and accident/collision. This program also offers
comprehensive protection through speedy service and claim
processing as well as personal accident cover for the rider.
Key Features:
1. Comprehensive insurance coverage
2. Speedy service and claim processing
3. Protection against embezzlement/fraud, hypnosis, riot/civil
commotion and personal accident

2. AXA Insurance
The Indonesia standard motor vehicle policy provides basic cover to
your motor vehicles that can be extended to cover the motor
vehicles against some possible risks.
There are 2 coverages
a. Coverage to the motor vehicle
Covering loss and or damage on the motor vehicle and or
interest insured directly caused by 1.1. collision , clash,
overturning, sliding, or plunging, misconduct, stealing, fire.
b. Coverage to Legal Liability Insurance Against Third Parties
Covering loss or damage to the properties, medical expenses,
bodily injury to demise of third parties due to your motor
vehicles.
There are some extended risks such as:

Riot strike malicious damage civil commotion

Act of God i.e. flood


Personal Accident for driver and/or passengers
And many other

3. AEON
Automobile Insurance ( Motorcycles and Cars) are vehicle
insurance covering the loss due to natural disasters, riots,
accidents, loss, and claims of third parties. Vehicle insurance we
provide in collaboration with Japanese largest Insurance
Company, Tokio Marine.
The advantages of the services we provide compared to other
insurances include:
1. The only one All Risk insurance for motorcycles in Indonesia.
2. Premium payment by installments.
3. Service call [14006] claims for 24 hours a day.
4. Express Card that can be used for payments of goods
(Electronics, Furniture, and Music) with low interest.
Features & Benefits
NO. Extension of Coverage and Limit
1

Liability
(TPL)

to

3rd

Personal
accident
Passenger

Personal
Driver

ALL TLO*)
RISK

Parties Rp 50,000,000

Yes

Yes

for Rp 10,000,000 (each)

Yes

Yes

for Rp 10,000,000

Yes

Yes

Strikes, Riots and Civil According to Valuation Insured


Commotion(SRCC)

Yes

Yes

Terrorism and Sabotage

According to Valuation Insured

Yes

Yes

Flood and windstorm

According to Valuation Insured

Yes

Yes

Earthquakes,
Mountain According to Valuation Insured
Erupts and Tsunami
*) If damage > 75%

Yes

Yes

accident

Cover To Hull (motorvihicle)

Type of Claim All


RISK

TLO

Damage
to
motorvehicle Partial Damage Yes
(Hull/ Casco)
Loss or Damage
Yes
(Car/ Motorcycle)
> 75%
Lost

Yes

No
Yes
Yes

Interest Rate
Tenor
Memb Non Member
er
Car
Motorcy
cle
11 Bulan 0.99% 1.25% 2.00%

Basic Requirements to Apply


Cash
Credit
Age

> 17 Years

> 21 Years

Location

All Indonesia

Jabodetabek, Bandung,
dan Surabaya

Semarang,

Documents Requirement to Apply


Member
Non Member
Copy of KTP

Copy of KTP

Copy of STNK

Copy of STNK

Vehicle's
Picture

Vehicle's
Picture

Member Card

4. ACA Insurance
WHAT CAN BE INSURED?
bike (motor bike, scooter) or car (sedan, minibus, jip, truck)
including accessories or addition supply that patch at vehicle
referred [as].
INSURED RISK

In accordance with Polis Standar Kendaraan Bermotor Indonesia


that published by Dewan Asuransi Indonesia, this policy guarantees
loss or motor vehicle damage that caused for example by: collision,
returned entered also effect of significant mistake, construction,
handicap by it self; others devilment; theft is entered theft that
preceded or accompanied by force or threat; fire; thunder; damage
during vehicle in crossing use ferry that managed by directorate
general Perhubungan Darat; wheel damage that result accident;
towing car.
In other hand, motor vehicle insurance policy also cover third party
liability, where third party experiences of loss that directly caused
by motor vehicle insured. Loss that suffered third party can be in
the form of property damage or body injure or death. Risk that
covered is case expense or lawyer expense agreed-on in advance
by insurance company.
Riot risk or strike and other same thing are not covered in standard
risk. if interested then you must ask extension cover to the this risk.
Otherwise, then damage or loss of riot consequence or strike will
not
be
cover.
Base on type of covered, motor vehicle insurance haves 2 types of
insurance. First is A total loss or Total Loss Only, and second is
comprehensive.
A total loss cover that means if vehicle loses stolen or vehicle
experiences of accident which its cost of repair are predicted
minimize 75 percentage of vehicle price.
RISK COVERED
There is no insurance that can cover all motor vehicle risks,
although even also condition is comprehensive. Risks that not
covered mentioned clearly at policy requirement, for example: lose
advantage during vehicle can not be used accident consequence;
loss of embezzlement consequence; loss of or destroy its addition
equipments or non standard that not mentioned in policy
compendium; devilment consequence that conducted by the
insured or the insured family; vehicle is used for instruction drive or
race or carnival, or act badness; over load; driver not had SIM or
impinged traffic rules; load goods in vehicle; natural disaster
consequence or war and other same thing.

WHOEVER THAT NEED THIS PRODUCT?


Every individual or company that have importance to the motor
vehicle that insured like: owner, iodger, bank or financial institution
of credit giver.
ANY FACTOR THAT INFLUENCE PREMIUM RATE?
The amount of premium is determined by two primary factors.
1. Wide guarantee, that is what/wheter comprehensivef or A total
loss.
2. The usage of vehicle, what/wheter for the sake of person or
rented.
Special for truck, level of premium is determined by capacities of
truck haulage . For certain cases other factor that can also influence
premium is previous loss note and vehicle age.
HOW CALCULATE INSURANCE PREMIUM?
Premium is generally calculated during a one year (12 month) with
formula:
Total Sum Insured (TSI)* x premium rate (percent).

5. ASTRA MOTOR

Garda Motor insurance is a product of PT Asuransi Astra Buana


for Honda motorcycles.
Garda Cash Motor Dealers: an insurance cover for Honda
motorcycles were purchased in cash / cash.
Garda Motor Renewal: an insurance cover for Honda motorcycles
that are out of contract with the Leasing Company or an insurance
that will be renewed after the expiration of insurance.
*. Collateral given
: Total Loss Only (TLO) + Personal
Accident (PA)
*. Premium payment grace period
: 14 days

*. Duration of insurance coverage


: 1 Year (Single Year)
*. The imposition of an additional premium
: 5% for the age of
the vehicle over 3 years
*. Age of vehicles : a maximum of 5 years from the date of the
insurance cover
Insurance Premium Calculation Method
OTR x Rate + admin fee = Total Premiums
* Calculation example:
Type Motor

OTR

Insurance
Rate

Admin
Costs

Total
Premiums

Honda Tiger
2010

23.000.0
00 x

2.5% +

35.000

= 610.000

Description:
o Cost admin

New / Renewal
: Rp. 35.000, Endorsement / Cancellation
:
Rp.
15.000, o OTR
: On The Road (Price of the vehicle when the
insurance cover)
For filing a used Honda motorcycle (Renewal) to market
o Rate
: Rate at sample calculation applies to the bead
area

Closure Requirements Insurance

Form Honda motorcycle insurance coverage


Photocopy of identity card (or other identification)
BASTK (Handover Vehicle)
Survey conducted by officers insurance (for Honda motorcycles
used)

Claim Requirements

Letter of Acceptance Reports (STPL) Police scene damages / loss


Reports Losses (LK)
Interview by insurance clerk
Photocopy Number Vehicle (vehicle registration)
Photocopy of Driving License (SIM C) rider (for a Honda
motorcycle driven)

Premium Payment Method

The cashier Dealer


Transfer to No. Account: .............................

Various kinds of insurance available


Insurance offered 2 kinds, namely Total Loss Only (TLO) and
Personal Accident (PA).
1. Total Loss Only (TLO) provide guarantees for Honda
motorcycles are insured against loss / damage total, namely:

Motorcycles Honda lost due to theft, except those caused by


fraud, deception, hypnosis / gendam, and others, or,
Honda motorcycles were damaged by risks that are
guaranteed in the policy, where the repair cost is equal to or
more than 75% of the price of a Honda motorcycle when the
accident occurred. Risks that are guaranteed in the policy are:
1) Losses / total damage as a result of: collision, collision,
overturned, skidded, evil, theft, fire.
2) Loss / damage in total during the crossing by boat under
the supervision of the Directorate General of Land
Transportation.

Exclusion, this does not guarantee insurance coverage:

Damage or loss of Honda motorcycles insured as a result of:


embezzlement, fraud, hypnotic, and natural disasters.
Honda motorcycle driven by a person who at the time of the
accident did not have a driver's license (SIM C).
Honda motorcycles are transferable / mortgaged to another
party without notice and consent from PT. Asuransi Astra
Buana.

2. Personal Accident (PA) provide a guarantee to customers who


have an accident while on the inside and outside of the insured
vehicle and result in customer dies due to accident for 24 hours.
Replacement Scheme Claims:

N
o
1

Condit
ion
Total
Loss
Stolen
(TLS)
Total
Loss
Accide
nt
(TLA)

Person
al
Accide
nt (PA)

Total
Loss
Accide
nt
+
Person
al
Accide
nt (TLA
+ PA)

Descript
ion

Replacement

theft or
seizure
Damage
motorcyc
le> 75%
selfinsured
accident
causing
death
Insured
died
while
riding his
motorcyc
le
and
motorcyc
le
damage
> 75%

100% of the market price of the


vehicle at the time of the incident.

200% of the market price of the


vehicle at the time of the incident.

Claims process:
1) Loss reporting lost / accident insurance to PIC in the branch of
PT Asuransi Astra Buana or nearby FIF no later than 5 calendar
days after the incident and new claims will be processed if the
documents are complete and correct, to:
a) Motorcycles, police letter to the level of Regional Police
(Polda) and for the estimation of accidents in the Official
Workshop Honda AHASS.
b) Personal Accident (PA), a death certificate from the hospital
and the village comes post mortem by an authorized
physician if requested Insurer.
2) Replacement pecuniary (not motorbikes) in accordance with the
actual prices (market price) prior to the loss.

3) Own risk for TLA charged Rp 100,000, - and TLS 10% of the
value of the claim.
Insurance package when buying a Honda motorcycle in cash
For insurance package when you buy a Honda motorcycle in cash,
we offer Insurance Total Loss Only (TLO) and Personal Accident (PA).
Insurance package when buying a Honda motorcycle on
credit (FIF)
For insurance package when you buy a Honda motorcycle on credit
FIF, it automatically you get insurance Total Loss Only (TLO) and
Personal Accident (PA).