Allianz Life and HSBC Indonesia Strengthened their Partnership through Premier Legacy Assurance

Allianz Life and HSBC Indonesia reinforced their bancassurance partnership with the launch of Premier Legacy Assurance which was initiated to protect financial plans, specifically in the form of inheritance. The insurance product is aligned with Allianz’s findings that indicate 78% of respondents want insurance that can enhance their family’s future inheritance and HSBC surveys that show the importance of financial sufficiency, to support the prosperous lives of the customers’ families. This product is notable due to the increasing urgency that rises from economic uncertainty and growing inflation.

The Premier Legacy Assurance offers several benefits to their target customers who are affluent and high net worth individuals. The product is designed to optimize inheritance planning through the Booster Benefit, which adds 20% of the sum assured for every 5 policy years. Furthermore, it also gives flexibility for customers to choose their premium payment term according to their preferences.

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