Dear Customers,
It is great to again be writing to you with some very interesting updates on our progress and new products offers.
Firstly, I am very pleased to advise you that Commonwealth Life recently has been recognized by three of Indonesia’s most reputable financial magazines as one of the best performing life insurance companies in the country based on our 2009 financial performance.
The awards are;
- Investor Magazine: The best life insurance company in Indonesia in the midsized category (2.5 tio – 5 tio in asset)
- Info Bank Magazine: The Company was rated as ‘Very Good’ amongst its peers and the industry which is a very strong result.
- Media Asuransi Magazine: voted a Top 4 Life Insurance Company in Indonesia
These awards are very encouraging to us as we continue working on our vision of becoming the best company in our industry with regards to customer service delivery and our mission of being a top insurance company.
Our financial performance remains strong with our solvency ratio of 505% being four times higher than what is required by the government. As a customer this is important because it is saying that we are financially very strong and very comfortably able to meet our financial obligations to policy holders even in the most difficult of times.
By now many of you would have already heard about our latest addition to our product range. We call it COMM CI 50 Plus and it is attached to the Investra plan. This new product will provide financial protection against over 50 critical illnesses, which is the largest number being covered in the market. In this fast paced modern world we are finding that Critical Illnesses are becoming much more common and with the treatment costs continually rising the financial strain on families can be high. So for the sake of your financial health I recommend a check up with your Consultant to look at the benefits of our new COMM CI 50 Plus.
So finally, thank you for your ongoing support. We know you have choices about where you put your insurance business and I would like to thank you for putting it with Commonwealth Life. Not least, we would like to wish happy fasting month for the Muslims.
Simon Bennett
President Director