When this has been a lot of financial institutions labeled sharia, whether Islamic banks, Islamic insurance, mortgage Islamic and Islamic financing institutions. This indicates that the Islamic financial institution is needed by the community. The rise of Islamic financial institutions is something that is reasonable, considering the majority of Indonesia's population is Muslim and the universal values that exist in Islamic economics as fairness for customers can be accepted by all people, including non-Muslims.
With the increasing number of Islamic insurance which stands, of course choices (potential) customers become more and more, not just one or two companies that offer a wide range of product features, but even dozens of companies that have Islamic insurance products.
So that we are not wrong to choose Islamic insurance, here are some tips that need our attention:
1. Knowing Needs
Holders or insurance buyers need to know what the needs of insurance. Needs may include Life Insurance, Health Insurance, Accident Insurance, Education Insurance or insurance that also functions for investment (unit-linked). When in doubt, ask your opinion, colleagues, or insurance sales agent you trust.
2. Choosing Islamic Insurance Company business
Find out how long the company has been running the sharia insurance business. The longer a company engaged in the business she lived, could certainly describe the condition of the company. It is also how the company's experience in the payment of claims to customers, what ever the company is negligent in the payment of claims to customers.
3. The Sharia Supervisory Board
All Islamic financial institutions including Islamic insurance has Sharia Supervisory Board (DPS). DPS consists of people who understand the economics of sharia. The existence of DPS will ensure that all insurance products are managed in a manner that is permitted by sharia.
4. Clarity Akad Insurance
The agreement plays an important role regarding the status of insurance policy premiums. When akadnya Takaful, there is no term "scorched fund" for life insurance, so that if the customer for any reason not to extend the premium, then it should fund the premium that has been paid previously is still there, although the amount is not 100% again. This is because the funds paid customers have reduced administrative costs while taking care of the insurance policy.
5. Learn Illustration Provided
Insurance illustration depicts an estimate of how the funds will be obtained by a borrower to the end of the agreement period. If the illustration is given very unnatural, such benefit (the result) is well above the result of Islamic banks in general, we do not immediately tempted, but we should react wisely. Notice the assumptions contained in the illustrations sheet.
6. Adjust the Insurance Benefits
Before choosing an insurance program, first read the benefits and features of an insurance program that we want to buy. For example, the benefits are only for the risk of death, then we will not get the benefits when we just get sick or injured. Or conversely, that we buy is an accident insurance products, then we will not get the benefits when we are exposed to certain diseases.
7. Premium Rate
Premium rates are quite competitive (reasonable) in the sense of not cheap, can be used as a benchmark in choosing an insurance company that we choose, but this is not the main one, because it could be at a premium that is too low, the company wants to dredge funds as much as possible, while benefits insurance provided is narrowed. Eg car insurance with just a 1.00% rate will not necessarily be sufficient to cover operational costs, let alone to pay claims.
8. Choose Sales Agent
Choose the insurance sales agent who you believe can provide product information true and complete. Professional realtors who have membership numbers AAJI (Indonesia Life Insurance Association). They have been through the stages of the test as a professional agent and registered officially. So that if you later face a problem with your policy, where the agent is known and insurance companies responsible. Remember that you buy insurance products for the long term. Make sure the service you will get is the best. (ad)