Facilitate public access to affordable microinsurance, Cakrawala Insurance partners with Akulaku

Insurance is sometimes considered a facility that is difficult for the general public to access. However, in the current digital era, technology is often the solution to accessibility problems. Based on this, PT. Asuransi Cakrawala Proteksi Indonesia decided to collaborate with PT Akulaku Silvrr Indonesia, or more commonly known as Akulaku, which is a marketplace company in Indonesia, to launch the Personal Accident Insurance PLUS product. Currently, Akulaku’s 15 million users can use this insurance product which offers great value benefits.


This insurance product can be obtained through an easy registration process, transparent access to information, and offers an easy claims process that can be done online. Vice President Director PT. Asuransi Cakrawala Proteksi Indonesia, Nico Prawiro said, “We always try to understand the needs of the community, especially for Micro Insurance products which are intended to reach the wider community, offer fast, cheap protection and provide great protection benefits.”


Based on data from the Financial Services Authority (OJK), insurance penetration in Indonesia is still at 3.01%. Meanwhile, in concept, insurance can be a mainstay because it protects against future risks that can disrupt financial planning. Therefore, PT Asuransi Cakrawala Proteksi Indonesia and Akulaku are collaborating to provide access to insurance that is more easily accessible through the Akulaku application.


“We continue to follow the dynamic development trends of society’s needs, especially in this era of digitalization and carry out digital transformation so that we can provide good protection solutions. The PLUS Personal Accident Insurance product offers very affordable premium values, large benefit values, and a very easy way to purchase via the Akulaku Application. “This product was also launched to support the OJK and Indonesian General Insurance Association (AAUI) programs to increase the financial literacy of the Indonesian people,” said Nico.


Akulaku’s Head of Corporate Affairs, Wildan Kesuma welcomed the collaboration between these two companies. “The collaboration between PT Asuransi Cakrawala Proteksi Indonesia and Akulaku is in line with our goal, namely to provide access and a broad and strong financial ecosystem to achieve a higher standard of living for our users and partners. We hope that this collaboration can further increase penetration of the insurance industry in Indonesia through innovation and digital technology.”


How to get protection from Personal Accident Insurance PLUS is easy, users only need to download the Akulaku application on Google Playstore or Apple Store, click on the service feature (Service) and select Aku Asuransi. “We hope that this insurance product can answer the needs of the wider community who need insurance. Because this insurance product offers a total coverage value of IDR 21 million and very cheap premium prices (starting from IDR 10,000). “This initiative is a form of effort to accelerate the digitalization of the insurance industry, especially general loss insurance in Indonesia,” added Nico.


In closing, here are 5 PLUS points that are the advantages of this product:


  1. If the insured dies, has total permanent disability or partial permanent disability due to an accident, they will receive compensation of a maximum of IDR 10,000,000.
  2. If you die/become permanently disabled as a result of a traffic accident while boarding/riding public transportation, you will receive additional compensation of a maximum of IDR 10,000,000.
  3. There is reimbursement for hospitalization costs due to accidents which is an excess from BPJS or other health insurance/commercial insurance with a maximum reimbursement value of up to IDR 1,000,000.
  4. Inpatient compensation due to accident: IDR 10,000 per day (maximum 25 days per year).
  5. Compensation for death due to an accident for motorcyclists: Rp. 1,000,000.