Insurance Product provided by PT. Asuransi Cigna to protect the cardholder's monthly outstanding balance in the event of death due to sickness/accident, total permanent disability and at the time when the cardholder is diagnosed with any of the 12 types of critical illnesses.

Product Benefit

Premium & Charges

Premium and charges will be followed Credit Guard Balance Policy including but not limited to premium fee, administration fee, bank commission, etc, and will be automatically deducted to your ANZ Credit Card/Moneyline.

Terms & Conditions

Exclusion

The Insurer shall not pay death benefit in the occurrence of the death, which is directly or indirectly caused by

  1. Suicide or attempt thereat, premeditated suicide or self-inflicted attempts that cause the Insured Person's death within 1 (one) year from the Effective Date of Insurance and the Company will refund all the Premium paid in respect of such Insured Person;
  2. All and every diseases and/or injuries that has been suffered by the Insured Person 6 (six) month prior the effective date of Insurance will be considered as the pre-existing condition unless the coverage has been effective more than 1 (one) year;
  3. Sickness that suffered by the Insured with 30 days after the effective date of the insurance coverage;
  4. HIV, AID, ARC (AIDS Related Complex) related conditions.

Especially under Accidental death benefit, the Insurer shall not pay the Accidental death benefit, in the occurrence of the death which is directly or indirectly caused by

  1. War or warlike operations, whether declared or not by the government, invasion, rebellion, act of terrorism, riot, civil commotion or involvement of the Insured Person in the armed forces of a country or an international body;
  2. The Insured Person member engaging or taking part in naval, military or air force service, or any operation with any armed force of the country or international bureau;
  3. Suicide or attempt thereat, premeditated suicide or self-inflicted attempts that cause the Insured Person's death,
  4. Involvement of the Insured Person in professional sports and dangerous activities including but not limited to scuba diving, mountain climbing using any equipment, parachuting, hang-gliding, winter sports and/or on ice or snow, including but not limited to ice-skiing, bobsleighing, ice hockey, bungee jumping or other sports using specified vehicle;
  5. Involvement of the Insured Person in an aircraft except as paying passenger in a scheduled flight;
  6. The Insured Person involves in unlawful acts against the laws of the country where such acts are committed or criminal acts;
  7. Under influence of Drugs and/or alcohol, unless proven that the alcohol and/or drugs was committed under proper medical prescriptions and unrelated to the drug addiction treatment;
  8. Pregnancy, child birth, miscarriage, or abortion of the Insured Person including complications resulting there form;
  9. Congenital Diseases;
  10. Physically disorders which exist prior to effective date of insurance coverage.

Especially under Diagnose of Critical Illness benefit, the Insurer shall not pay the Critical Illness benefit, if it is caused directly or indirectly by

  1. Any critical illness sustained or suffered by the Insured which has exhibited symptoms or which has required medical advice and/or treatment and/or prescription of drugs, at anytime prior to the Effective Date of Insurance coverage.
  2. Suicide or attempt threat, while sane or insane, premeditated suicide or self-inflicted attempts that cause the Insured Person's death.

Disclaimer

Credit Guard Balance is an insurance product issued by PT. Asuransi Cigna. PT. Asuransi Cigna is registered with and under the supervision of the Financial Services Authority. PT Bank ANZ Indonesia (“ANZ”) is only act as Selling Agent for Credit Guard Balance. Credit Guard Balance is not a product of ANZ so ANZ is not responsible for any or all claims and risks that will be raised from this portfolio product. Credit Guard Balance is not guaranteed by ANZ and its affiliates or by any government guarantee program of the Republic of Indonesia. ANZ is not responsible for the insurance policy issued by PT. Asuransi Cigna.

ANZ is a subsidiary of Australia and New Zealand Banking Group Limited (ANZBGL). ANZBGL is incorporated in Australia, and is an authorized deposit taking institution (Bank) under Australian law. ANZ is incorporated and licensed in Indonesia with limited liability, and is not a Bank under Australian law. Deposits or liabilities with ANZ are not deposits or other liabilities of ANZBGL or its related group companies, and none of them stand behind or guarantee ANZ. ANZ is a bank that registered with and under the supervision of the Financial Services Authority.

Details explanation on product and charges can be found at the Credit Guard Balance Policy.