Special Benefits

Life Privilege

To provide life protection for your future, Commonwealth Life and Commonwealth Bank present life protection program that provides coverage on death benefit due to illness, accident, or permanent total disability by any cause. This program will also give you a 100% premium return (by schedule) from the premium paid if no claim occurred during 10 years coverage contract.

Benefits of Life Privilege

1. No need for Medical Check up. You only need to answer the question list in Life Privilege brochure.
2. Return-on-Premium benefit based on below schedule:

   End of year-	Return-on-Premium Benefit
   2	10% x 2 x Annual Premium
   4	15% x 4 x Annual Premium
   6	25% x 6 x Annual Premium
   8	40% x 8 x Annual Premium
   10	45% x 10 x Annual Premium

   Example:
   Enrollment age : 35 years old
   Sum Insured:
   Package 2 with Sum Insured of Rp 300.000.000 and premium of Rp 5.062.700/year
   Below is the illustration of the Return-on-Premium schedule

   • Active policy until the end of year-2 = 10% x 2 x Rp 5.062.700 = Rp 1.012.540
   • Active policy until the end of year -4 = 15% x 4 x Rp 5.062.700 = Rp 3.037.620
   • Active policy until the end of year-6 = 25% x 6 x Rp 5.062.700 = Rp 7.594.050
   • Active policy until the end of year -8 = 40% x 8 x Rp 5.062.700 = Rp 16.200.640
   • Active policy until the end of year 10 = 45% x 10 x Rp 5.062.700 = Rp 22.782.150

   ---

   Total of Return-on-Premium benefit = Rp 50.627.000

3. You will get 5% premium discount if you involve your spouse in this program

Terms and Conditions

1. Commonwealth Bank customer
2. Participation age limits starts from 18 to 60 years old.
3. Protection period : 10 years (till 70 years old*)
4. Only your legal spouse that can be involved in this program

*For protection on total permanent disability due to any cause will be ended based on coverage contract (10 years) or maximum until 65 years old, which one occur earlier

Choices of Benefit and Premium

• 100% Sum Insured will be paid if you or your spouse (if enroll) passes away due to accident in the first 6 months after policy is effective
• 100% Sum Insured will be paid when you or your spouse (if enroll) passes away due to any cause after 6 months policy
• 100% Sum Insured will be paid if you or your spouse is diagnose a total permanent disability due to any cause

Premium Table

• Premium is a flat rate, means that premium will not change during the contract
• Premium payment will be deducted annually from Commonwealth Bank's account

Terms and Conditions applied. For more information, please kindly contact Commonwealth Bank Call Center at (021) 7917 6000 or visit the nearest branch.