On Monday, July 6 2014 Mandiri Tunas Finance (MTF) together with PT Ace Life Insurance signed a life insurance program cooperation agreement collection of “Xtra Protection”. Taking place at the Mandarin Oriental Hotel, Jakarta, the signing procession was carried out by Mr. Ignatius Susatyo Wijoyo as Main Director of Mandiri Tunas Finance with Mr. Tham Chee Kong as President Director of PT ACE Life Insurance.
The “Xtra Protection” is a protection program for heirs where if an MTF customer dies or is totally disabled during the financing tenor at MTF, the heirs will receive compensation in the amount below:

• Car
1. Compensation money for life benefits and total permanent disability due to illness Rp. 30,000,000,-
2. Compensation money for life benefits and total permanent disability due to accident Rp. 55,000,000,-

• Motor
1. Compensation money for life benefits and total permanent disability due to illness Rp. 8,000,000,-
2. Compensation money for life benefits and total permanent disability due to accident Rp. 10,000,000,-