What Is an Insurance Policy Period?

Terakhir Diubah : 09:15:25 - Thursday, 09 February 2023

Berita - What Is an Insurance Policy Period? - Sahabat Insurance | Solusi Lengkap Perlindungan Asuransi Anda

An insurance policy period is the time frame during which an insurance policy is effective. Based on chapter IV, article 7 in INDONESIAN MOTOR VEHICLE INSURANCE STANDARD POLICY, it is a condition precedent to liability under this policy, that any premium payable shall have been paid off and actually received in full by the Insurer, in the event of:

insurance period of 30 (thirty) days or more, then settlement of premium payment shall be conducted within a period of 14 (fourteen) calendar days as of the date of inception of this Policy;

such insurance period is less than 30 (thirty) days, settlement of premium payment shall be conducted at the time of issuance of Policy.

In case the Insured fails to fulfill the liabilities as referred to in paragraph  above, this Policy shall be automatically terminated without issuing cancellation endorsement starting from the expiry of the grace period and the Insurer shall be discharged from any liability there from.

For more info about Sahabat Insurance call 021-50508080.

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Working Hours during Ramadan

The official working hours of Sahabat Insurance Head Office during the holy month of Ramadan will be from 8 a.m to 4.30 p.m (Monday-Friday). Call us at 021-50508080 for further information.

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Safety Tips During Rainy Seasons

The rainy season has arrived, for those of you who often travel outside the house, the trip can be disrupted. Especially if the rain causes losses such as puddles or even floods that cause transportation to be hampered.
In addition, cold air in the rainy season can also bring various diseases. For that, for the sake of safety and comfort, you must be careful when traveling. Here are some tips to consider when traveling in the rainy season. Many workers choose to use public transportation because they do not want to experience the risk of their vehicles being flooded. So how do you stay safe using public transportation? Prepare spare time earlier than your departure so you are not in a hurry on the road, use non-cash payments, bring an umbrella and maintain health protocols. Office workers choose to use public transportation because they do not want to experience the risk of their vehicles being flooded. So how do you stay safe using public transportation? Prepare spare time earlier than your departure so you are not in a hurry, use non-cash payments, bring an umbrella and maintain health protocols.

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Sahabat Insurance Donates to Flood and Landslide Victims in Aceh and Sumatra

Medan, December 15, 2025 — Sahabat Insurance has distributed humanitarian financial assistance to communities affected by floods and landslides in Aceh Province, North Sumatra, and West Sumatra. The aid was channeled through YAKOPI (Indonesian Coastal Conservation Foundation), a Medan-based humanitarian organization.
The handover of the humanitarian aid was carried out directly by Elly, Head of Sahabat Insurance Medan Branch, on Monday (December 15, 2025) at the YAKOPI Office in Medan, North Sumatra.

Sahabat Insurance’s Commitment to Disaster Relief
This humanitarian initiative forms part of Sahabat Insurance’s Corporate Social Responsibility (CSR) program and reflects the collective concern of Sahabat Insurance employees who seek to support communities affected by natural disasters across Indonesia.
The floods and landslides that struck several areas in Aceh, North Sumatra, and West Sumatra have caused extensive damage to residential homes and public infrastructure, while also disrupting the social and economic activities of local communities.

Sustained Commitment from Sahabat Insurance
Sahabat Insurance reaffirmed its commitment to actively participate in social and humanitarian initiatives, in line with the company’s core values of care, solidarity, and social responsibility.

Sahabat Insurance (PT Asuransi Sahabat Artha Proteksi) is a general insurance company registered with and supervised by the Financial Services Authority of Indonesia (Otoritas Jasa Keuangan – OJK). The company provides a wide range of insurance solutions for the Indonesian market, with motor vehicle insurance as its primary line of business, followed by property insurance and other general insurance products.

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​​​​Owning a house is not just a dream!

Owning a house is not just a dream! But starting a home installment for those of you who just want to buy a house is certainly a challenge in itself, the ways and tricks to start installments certainly can't be rushed. Plan carefully before starting. Check out the following tips from Sahabat Insurance. 1. Determine the budget for buying a house, whether it is in accordance with your age and income. Planning factors are very important! 2. Commitment to saving, start reducing spending by determining the Priority scale 3. Create a special account so as not to interfere with savings, insurance, emergency funds and money used for everyday life 4. Pay off all debts, so as not to interfere with your financial flow 5. Looking for additional income can be a solution to your income 6. Choosing the right credit and payment plan such as interest and mortgage provider bank 7. Start by finding out everything related to your home loan plan, such as credit processing, location, down payment and payment processing. Insure your home with Sahabat Insurance's home insurance call us at 021-50508080

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