insurance for rental property

insurance for rental property

Q: There is a presumption Property Insurance is expensive, right?
A: To Property All Risk policy with a broad scope of protection or comprehensive risks, such as earthquakes, floods, and riots, the calculation was not until 1.9 to 2 per mile (per 1,000) of the total value of assets. That is, if the insured has property assets valued at USD 100 million means he only pays a premium of Rp 200 thousand. Thus, the perception of the real expensive less relevant, because the funds of Rp 200 thousand, customers can purchase coverage for property valued at USD 100 million.
As for the policy Standard Fire Indonesia, the value of premiums far below that figure, namely hanya0.5 per mil of the total value of assets. For example, you have a house valued at 100 million, the premium to be paid is 0.5 per 1,000 multiplied by 100 million, ie to Rp. 50,000. So far the comparison between the insurance obtained by the value of premiums dibayarakan.
Q: What is the reference property policy premium calculation?
A: First is the level of risk of insurance object itself. The higher the level of risk, the higher the premium policy. Eg premiums for match factory is more expensive than an ice cream factory as lighters considered more risky.
Another criterion is the quality of the building. In principle, the higher the quality of the construction, the lower the premium rates, nor vice versa.
Construction of the building itself is divided into several categories, namely: Quality building is fireproof class 1, class 2 relatively fireproof, and grade 3 tend to be vulnerable to risks, such as more combustible. Each has a different premium value.
Premiums for the construction of class 1 lower than the grade 2 and 3
Q: What are Guaranteed In Property Insurance Policy?
A: There are two types of guarantees for property insurance: First Indonesian Standard Fire policy that guarantees the risk of fire, lightning strike, the fall of the aircraft, due to the smoke. For standard policy Standard Fire Indonesia, the turn is determined according to the value of losses when events or actual value. That is, if the home loss since built 10 years ago, then the change is calculated based on the value of the building which has a 10 year old, which is the current price minus the value of depreciation for 10 years. Value depreciation to follow the standards set by the Ministry of Finance. As for the All Risk property policy referred to as "new for old", meaning that the change in the form of new buildings that are tailored to the specifications of the previous building, there is no difference, either better or worse than before. Second, the All Risk property policy that ensures all risks other than those excluded in the policy.
For residential package can be combined with Housing Insurance policy that not only ensures the building, but includes property found in the home, such as money or jewelery.
Q: If the purchase of the property through a mortgage insurance has been fitted, is it still need to buy another policy?
A: The bank is only providing insurance protection that is fundamental, namely Standard Fire Indonesia. Other risks such as floods, earthquakes and riots are not guaranteed so that when the insured is unfortunate that he had to spend their own funds to fix it. Not all banks require customers to buy insurance Property All Risk, but we are trying to urge them to complete the policy guarantees properties.
By calculating premium rates on a per-mile property, then if there is expansion of the collateral, additional value is not too significant. While with the complete assurance of the customers free from the possibility to bear the loss themselves.

What Is a Personal Loan?

Unsecured Loan

What Is a Personal Loan?

Credit Unsecured Personal Loan is often referred to (OT) is a bank product, which customers can borrow some funds / money out of the bank without having to provide a certificate of guarantee or collateral like home, reg, SK, etc. Loan products introduced in Indonesia ertama times by Standard Chartered Bank, followed by other foreign banks in Indonesia. Without collateral loans are usually devoted to reproductive age in this case the employees and the self-employed aged 21 s / d 60 years, credit limit granted by banks ranged from 10 s / d 250jt with interest / interest varied ranging from 1.55% to 2, Flat 2% per month.

How to Work KTA?

As explained above, that KTA is of loans without collateral, it does not mean to get the KTA is not necessary requirement at all, but it takes also credit component of the person who filed the KTA itself is especially note the ability to manage credit or finance in general recorded in savings books registered in certain banks. That is to say that the only guarantee of the loan KTA is the ability of a particular bank in analyzing the ability of paying customers who will lend these funds.

How Got KTA?

Decide Bank to be filed KTA

Determine the bank of choice that suits your needs is also an important component in the filed KTA. Because of the convenience in the service offered by the bank in accordance with the wishes will be more points in determining the health of credit payment itself.

Credit cards have become more points

Credit card ownership is the most important in the filing Loan. Because through credit cards, bank KTA facility providers can monitor how a prospective customer payment patterns. if either (no delay and limit the use of controlled) or bad (late payment charges and over limit usage karu) therefore it takes at least a period of rising / effect already 1 year of the credit card.

Prepare the conditions required

If you want to get this loan facility, the customer typically must include some requirements. namely in the form of a photo copy of the credit card and copy of ID card or some additional several other requirements if necessary, such as a photocopy of TIN, paychecks (if an employee) or a photocopy License (if you have a business).

Bank or go online via list

Go to the bank that be your goal to apply for KTA. Fill out the form and include the necessary requirements. When filling out the form, fill in the appropriate facts. Or you can try also to propose KTA online. Currently, many banks are already providing facilities KTA filing via the Internet.

Verification and Surveys

Bank will notify you and verify. Interviews can be conducted in person or over the phone. This verification to check the requirements for filing kelangkapan KTA. Bank will then conduct a survey to your home or office. Therefore we recommend that you enter a phone number into the form must always be active.

Wait for news

Wait for good news from the bank. They will inform you whether your proposed KTA approved or not. If approved, then you can do the disbursement of funds to be borrowed. Normally, after all the above process is completed one or two weeks of work time KTA has headed the process of melting, but to be sure if after that time there has been no news continuation of the bank, it is better to contact the bank and ask for the certainty desired.

Unsecured Loan facility is very flexible and can be used for various purposes such as for additional capital, weddings, home renovation, education expenses, vacation or other purposes that require cash funds. What is important is how to manage the KTA borrowing money in order to repay their loans and earn the trust of the bank if they want to apply for a loan again be seen from the previous payment records KTA good.

Tips For Getting Credit Unsecured

Tips For Getting Credit Unsecured
Many of the applicant complained about the loan request is often not approved by the Bank and every so often a new applicant submit an application and the next day already get a notifier if the application can not be approved by the Bank (without verification). Or it could have been verified and survey but still not approved.

How to handle it?
I will give you some tips so you can get loans without collateral BANK. :
1. The first time after the document you give to the bank, Bank Usually the bank will check your other dependents (Better not have a credit card / Credit Unsecured other dibank excessively).
2. Arranged you should check for payment for Credit Card / Credit Unsecured you have within the last 6 months. How many times late in the period of the last 6 months? If there are late within the last 6 months of which are 1-2 times that are able to be tolerated by the bank and can continue to process your application.
3. After checking your dependents in other banks, the Bank will verify via phone to mobile phone, home phone, office and your close relatives. Very cultivated once during your application process phone, home phone, office and your close relatives in a state of active and easy to contact (Elevated phone). And for once advised if no phone number is not known at the time of your application process is much more to be appointed who knows the phone because of the credit analyst. If not picked up the phone you will be contacted again with a different time and it will slow down your application or it can be the reason may not be approved by the failed verification.
4. It is also recommended when the verification by the credit analyst, Data that you answer with your data is applied must balance / equal.
5. At the time of verification / survey sought absence lead to negative information.
Maybe that's all I can explain about some tips to get loans without collateral BANK .. May be useful for your loan application.