This is the Correct to Register for Life and Health Insurance

To purchase life or health insurance, several steps must be completed. Starting from consulting insurance agents to filling out SPAJ.

To purchase life or health insurance, several steps must be completed. Starting from consulting insurance agents to filling out SPAJ.

Therefore, you need to know how to buy insurance so that you don’t feel disadvantaged later and research insurance products from many other insurance companies to find out which type of insurance suits your needs.

If you want to apply for insurance, understand how to apply for life and health insurance correctly with the following process!

Stages of Registering for Insurance

Following are several steps for applying for insurance that prospective customers need to understand and prepare. Oh yes, the steps below when registering for health insurance can also be applied!

Contacting an Insurance Agent

After comparing various insurance companies and finding the right choice, you should immediately contact the relevant insurance agent. You can do it online or offline. This is done to make it easier for you to determine the right insurance product. At this stage, you can also ask in detail about the benefits and insurance policies that suit your needs.

Don’t Rush and Discuss

Even though you have a clear picture, you should not rush to agree. You can do more in-depth research and discuss it with your insurance agent regarding the protection you want to use.

Understanding Insurance Illustrations

An insurance illustration is a document that provides an overview of the insurance benefits received by the policy holder. Apart from that, the illustration also provides a projection regarding the amount of insurance money (UP) that you will receive. It is important for potential customers to understand insurance illustrations well to avoid misunderstandings in the future. For example, let’s take the example of the Sum Assured (UP). The amount of the Sum Assured (UP) received will usually vary depending on the risks faced and also the profile of the prospective customer.

The greater the premium chosen, the greater the benefits you will get. Well, the mistake that is often made is that prospective customers do not read the insurance illustrations and policies completely, then assume that the insurance money received is of a large value. Even though the insurance money received can vary for each customer, depending on the condition of the prospective customer when submitting a claim. .

Fill in SPAJ or SPAK

If you have read the insurance program correctly and accepted the terms and conditions, you will receive a SPAJ (Life Insurance Application Letter) or SPAK (Health Insurance Application Letter). SPAJ and SPAK contain important and detailed information regarding potential customers’ personal data.

At this point, the insurance company will usually ask for several additional health documents, such as the results of a health examination, to determine the potential customer’s health status and determine the amount of insurance coverage they will receive. by filling in SPAJ or SPAK! So that the insurance benefits received can also be maximized. Apart from that, SPAJ data also determines whether a prospective customer’s claim will be accepted or rejected by the insurance company. A common mistake is that prospective clients do not provide honest information about their health history when completing the SPAJ. or SPAK. Therefore, it is not surprising that insurance companies deny claims if pre-existing medical conditions are found. For more details, you can read the following article regarding the Definition, Benefits and Rules of SPAJ. After completing the SPAJ or SPAK, the insurance company, especially the Underwriting Department, will check your health status. You will be asked to wait a certain period of time, which can be up to 1 to 2 weeks.

Selection Results from Underwriting

After the review and selection process is carried out in accordance with SPAJ and SPAK, the Underwriting party will provide a decision. There are three decisions that usually come out, namely:

Insurance application approved

The insurance company agreed with an additional premium

Insurance application rejected

The choice of coverage is often determined by a number of factors, including the potential customer’s health and age. The healthier the customer, that is, free from disease or at risk of serious illness and of reproductive age, the greater the level of protection the customer receives.

After all steps are completed, insurance becomes effective and customers can enjoy protection benefits based on their needs and health status.

Here are several ways to apply for suitable life and health insurance and the steps involved. Even though it is quite long, this is done so that potential consumers understand the benefits they will receive later, so that they do not feel disadvantaged.

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