Details
Product of 
Credit Guard Plus* Insurance
If something undesirable happens to you, how would your credit card bills be paid off? Of course, your family is the one who will have to take on this burden. With Credit Guard Plus, allow yourself peace of mind that your family will not have to handle any excessive burden.
With a premium of just 0.65% of the balance on your credit card, in the event that you are unable to pay your bills because of being diagnosed of having one of 12 chronic illnesses, accident or death, you will receive protection on the balance on your Standard Chartered Credit Card.
The protection on the balance is up to:
- IDR100.000.000 for Visa Black Platinum MasterCard, Platinum and Business Card Platinum
- IDR50.000.000 for Visa Gold, Titanium and Business Card Gold
- IDR7.500.000 for Classic Card
12 Chronic Illnesses
Cancer, stroke, kidney failure, coronary artery disease (requiring bypass surgery), coma, serious burn injuries, heart failure, encephalitis, (acute) brain damage and heart valve replacement surgery.
Ease of Registration
Fill in the Credit Guard Plus application form and fax it to (021) 574 7619 or contact our Call Centre on (021) 57 9999 88 or 68000 from your mobile phone.
*Coverage value may change from time to time and is subject to any applicable insurance policies. Claim submission has to be in writing and may be directed to Standard Chartered Bank.
About PT Asuransi Cigna
PT Asuransi Cigna was established in 1990 and is headquartered in Jakarta. Cigna offers a wide range of products: life insurance, health insurance and accident insurance. The company has grown to be one of the best insurance providers in Indonesia with their Affinity Marketing business as their core differentiator in the market. As of the end of 2009, Cigna has over 1.6 million policies and an RBC 365% higher than government regulation.
Important Notes
Credit Guard Plus insurance is issued by PT Asuransi Cigna and is referenced by Standard Chartered Bank. This is not a banking product of Standard Chartered Bank, it does not contain any obligation or guarantee from Standard Chartered Bank and does not fall under Government of Republic of Indonesia's guarantee program. Standard Chartered Bank is not responsible for insurance policies issued by PT Asuransi Cigna in relation to insurance products. The use of Standard Chartered Bank logo is with permission from Standard Chartered Bank as a form of partnership between Standard Chartered Bank with PT Asuransi Cigna in offering insurance products. Standard Chartered Bank is neither an agent of PT Asuransi Cigna nor a broker for Standard Chartered Bank customers.
| Your BILL | |
|---|---|
| Credit Guard | |
| Target Market | SCB Cardholders – Classic, Gold, Platinum, Infinite and World Card |
| Insurance Provider | PT Asuransi Cigna |
| Type | Life Insurance |
| Premium Payment | Regular Premium – monthly |
| Currency | IDR |
| Entry Age | Above 17 years-old |
| Insured | Above 17 years-old |
| Period of Coverage | Credit Card Validity Basis |
| Minimum Premium | 0.65% x Credit Card Loan Balance |
| Protection Coverage | 1. 12 Critical Illness Protection 2. Death Benefit |
| Riders | N/A |
| Special Features | N/A |
| N/A |
Buying an insurance policy is a long-term commitment. An early termination of the policy usually involves high cost and the surrender value payable may be less than the total premiums paid. The contents of this document do not constitute a contract of insurance and reference should be made to the respective policies for the exact terms and conditions applicable to the insurance policy. It does not constitute an offer to buy or sell an insurance product or service. It is also not intended to provide any insurance or financial advice. All insurance products described in this webpage are products of and underwritten by PT. Asuransi CIGNA and not Standard Chartered Bank. Standard Chartered Bank shall not be liable in any manner whatsoever regarding your application or the contract of insurance.