History of Insurance in IndonesiaInsurance business into Indonesia during the Dutch and the Indonesian state at the time called Nederlands Indie. The existence of insurance in the country of Indonesia as a result of the success of the Dutch people in the plantation sector and trade in the colonies.To ensure its survival, then their insurance is absolutely necessary. Thus the insurance business in Indonesia can be divided into two periods, namely the colonial period until 1942 and the period after World War II or the time of independence. At the time of the Japanese occupation army for approximately three and a half years.
Insurance companies in the Dutch East Indies colonial days it is:The companies founded by the Dutch.Companies that are branch offices of insurance companies headquartered in the Netherlands, the UK and in other countries.With a monopoly system that is run in the Indies, the development of insurance in the Dutch East Indies restricted to commercial activity and the interests of the Dutch, British, and other European nations. The benefits and the role of insurance is not known by the public, especially by indigenous communitiesThis type of insurance has been introduced in the Indies at that time was still very limited and mostly consist of fire insurance and freight. Motor vehicle insurance still play a role, because the number of vehicles is still very small and only owned by the Dutch and other foreign nation. In colonial times not recorded a single insurance company.
During World War II activities of insurance business in Indonesia practically stalled, mainly because of the closure pemsahaan- insurance company owned by the Dutch and the British.One's soul can be insured for purposes other interested persons, both for during his lifetime or for the time specified in the insurance agreement. People who are interested can hold it even unnoticed insurance or consent of the person insured soul. Life insurance can be held for life or for a certain period of time dtetapkan in the agreement.Parties are binding themselves on a reciprocal basis is called the insurer and the insured. Insurers receive premiums make the payment, without mentioning the person designated as the audience.Insurance is a legal term used in legislation and company peasuransian. Term insurance is derived the word "insurance" means insurance or protection of objects of hazards that pose kerugian. Dalam definition of "insurance" always includes two types of activities, namely the insurance business and supporting business insurance business.
Understanding Insurance when in review the terms of the law is an insurance or coverage is an agreement between two (2) or more parties in which the insured person binds himself to the insurer, receiving premiums of Insurance to reimburse the insured for loss, damage or loss of profits in expect or legal liability to third parties which may be suffered by the insured due to an uncertain events, or to make payments on death or life someone in pertanggungkan.The word insurance is derived from English, insurance, and legal aspects have been written in the Book Trade Law (Commercial code) of Article 246, "Insurance is an agreement where someone is binding to an insured to receive a premium, to provide reimbursement to him for loss, damage, or loss of expected benefits that may be suffered due to an event that indefinite. "In addition to the Commercial code article 246, also in law - insurance law No. 2 1992 Article 1 stated insurance or coverage is an agreement between two or more parties, where the insurer bind themselves to the insured, to receive insurance premium to reimburse the insured for loss, damage, or loss of expected profit, or legal liability to third parties which may be suffered by the insured, arising from an uncertain occurrence, or leave an event payment based on the death or life of an insured person.In another sense, as of wirjono prodjodikoro in his book Insurance law in Indonesia gives the sense of insurance as follows: "an agreement in which the party that guarantees promised guaranteed party, to receive a sum of money premium in lieu of damages, which may be suffered by a guaranteed, because as a result of an event that is not clear ".Robert I. Mehr and Cammack Emerson, in book Principles of Insurance stated that a risk transfer (transfer of risk) is called insurance .D.S Hansell, in his book Elements of Insurance stated that insurance is always associated with the risk (Isurance is to do with Risk) In conventional insurance the insurer is called the Insurer, whereas people who buy insurance product called the insured or the policyholder, the insured pay a sum of money called a premium to buy the products provided by insurance companies. Insurance premiums paid by the insured into insurance company earnings, in other words the ownership transfer occurs premium fund of the insured to the Insurance Company. If the insured suffered in accordance with the risks set forth in the contract of insurance, then the insurance company has to pay a sum of money called the sum assured to Tertangggung or those who deserve it. Conversely, if in the end of the contract the insured does not run the risk that agreed the insurance contract ends, all the rights and obligations of both parties ended.
History of Insurance in the World
Around the year 2250 BC Babylonian living in the valley of the Euphrates and Tigris (now Iraq), at the time when the owner of a ship in need of funds to operate the ship or conduct a commercial enterprise, it can borrow money from a merchant using the ship as guarantee with the agreement that the owner of the vessel is exempt from paying the debt if the ship safely to the destination, in addition to a sum of money in return for the risks borne by the lender.These additional costs can be considered the same as "premiums" are known on insurance now. In addition to ship this item as collateral, can also be used as collateral in the form of goods cargo. This transaction is called "the respondent / A CONTRACT"
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