An individual or business in Indonesia can legally be denied an insurance cover if the individual or business has engaged in illegal business activities. A business which has a history of bankruptcy [...]
Any business owner, whether local or foreign, can receive business insurance in Indonesia. For a foreigner to receive business insurance, the foreigner must already have three types of business insurance. These are [...]
How expensive is business insurance in Indonesia when compared to that of its neighboring countries?
Business insurance in Indonesia is cheaper than it is most Southeast Asian countries. The rate of life insurance fell to 15.8% in 2017 from 17.9% in 2013. Life insurance in Indonesia is [...]