Life Privilege is a term insurance product which provides life insurance coverage with 100% guaranteed premium refund.


  • Fast & easy. Applicants only need to fill out health questionnaires.
  • 5% Premium discount if an eligible spouse participates.


  • 100% Sum Assured is payable due to death cause by sickness and/or accident.
  • Guaranteed 100% premium refund periodically due to death or Total Permanent Disability.
  • 100% Sum Assured is payable due to event of Total Permanent Disability according to policy.

Benefit Plan

BenefitSum Assured (Rp)
Package 1 (IDR)Package 2 (IDR)Package 3 (IDR)
Death & Total Permanent Disability150,000,000300,000,000500,000,000

This insurance product issued by PT Commonwealth Life and distributed/ Marketed by PT. Bank Commonwealth (Commonwealth Bank) to it customer. This product is not issued by Commonwealth Bank consequently Commonwealth Bank doesn’t responsible for any obligation and doesn’t provide any assurance of this Insurance Product. This Insurance Product is not included in Deposit Guarantee Program of Government of Republic Indonesia (LPS). Commonwealth Bank also not undertakes for any risk of the Insurance Policy issued by PT Commonwealth Life in related to the Insurance Product. The Commonwealth Bank Symbol usage just entirely for the cooperation reason between Commonwealth Bank and PT Commonwealth Life in regard to the marketing process of the Insurance Product. Commonwealth Bank is not an agent of PT Commonwealth Life nor a broker of Commonwealth Bank customers. The fund placed will not be included in and / or not will be secured by a deposit guarantee program by LPS.