In accordance with Announcement No. 4/2019 of Ministry of Planning and Finance, there needs to be a separation between life insurance and general insurance. We are complying with this directive. The creation of a dedicated Life Insurance company will also allow us to serve our customers better and improve our service level.
IKBZ Life is a fully independent sister company of IKBZ Insurance.
Both IKBZ Insurance and IKBZ Life are parts of the KBZ group of companies
There are no changes to your policy benefits and conditions under IKBZ Life. The only change is that the insurer changes from IKBZ Insurance to IKBZ Life Insurance.
The bank account for premium payments will be changed. The new bank account number for premium payments is 219 103 219 006 030 01.
You can contact your agent or our hotline numbers for more information: 0995 44 777 88 or 0995 44 777 99.
Your current health insurance policies will remain with IKBZ Insurance.
Upon receipt of first payment and as long as you continue to adhere to your payment conditions, IKBZ Life will respect its contractual obligations of all existing policies.
Your benefits will remain unchanged.
There will be no change in the current interest rate, benefits and compensation, etc. for policy loans taken out from your current insurance policy. However, if interest payment is overdue, we will start using a system of collecting interest plus principal loan.
If you wish to endorse your policies, you can contact our hotline: 0995 44 777 88 or 0995 44 777 99.
You can still claim maturity benefits for maturity of your products.
No changes will happen to your motor policy issued by IKBZ Insurance. The same goes for all other General Insurance policies. IKBZ Insurance will continue to serve you as per usual.
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