Jakarta, November 6, 2025 – As part of its commitment to expanding access to Sharia-based protection in Indonesia, PT PFI Mega Life Insurance has established a strategic partnership with Bank Mega Syariah. This collaboration marks an important milestone for both organizations in broadening the distribution of Sharia insurance products nationwide.
Through this partnership, PFI Mega Life officially introduces two Sharia protection products: Mega Maksima Shield Syariah and Mega Amanah Perlindungan Keluarga. These products demonstrate the company’s dedication to offering protection solutions that adhere to Sharia principles while providing real-life benefits for customers and their families.
Mega Maksima Shield Syariah is a Sharia-based group term life insurance designed to provide benefits for death, total and permanent disability, and partial disability due to illness or accident, linked to customers’ Sharia Financing Card facilities. The product offers insurance benefits of up to 500% of the sum insured for accidental death, along with an easy application process with no medical examination required.
Meanwhile, Mega Amanah Perlindungan Keluarga offers comprehensive protection for participants and their families, with additional benefits specifically for risks occurring during Hajj or Umrah. The product provides up to 200% sum insured for death benefits, daily hospitalization benefits of IDR 1,000,000 per day, and scheduled cash benefits in the 10th, 15th, and 20th year of the coverage period. It also includes a Surrender Value benefit, paid together with the insurance benefits.
“This partnership is a tangible step for us in presenting Sharia insurance solutions that are relevant to the needs of modern society,” said Budi Darmawan, Director of Distribution of PFI Mega Life.
“We want to ensure customers have access to financial protection that is fair, transparent, and aligned with Sharia values. Through our synergy with Bank Mega Syariah, we believe we can extend the reach of these protection services to more Indonesian families.”
Echoing this, Rasmoro Pramono Aji (Oney), Director of Business at Bank Mega Syariah, stated that through Mega Amanah Perlindungan Keluarga and Mega Maksima Shield Syariah, the bank aims to deliver comprehensive and relevant Sharia financial solutions. “This initiative reflects our commitment to providing secure, ethical, and Sharia-compliant financial products,” Oney said.
This collaboration not only expands the distribution network for PFI Mega Life’s Sharia products through Bank Mega Syariah’s channels, but also supports the broader national agenda of enhancing Sharia financial literacy and inclusion across Indonesia.
With the launch of these products, PFI Mega Life and Bank Mega Syariah remain committed to supporting Indonesian society in achieving financial and spiritual peace of mind.
As of September 2025, Bank Mega Syariah recorded IDR 125 billion in wealth management assets, marking a 112% growth YoY. The Sharia mutual fund segment contributed the most, achieving a 433% YoY growth to IDR 90 billion.
“We are optimistic that similar growth can be achieved in the bancassurance segment, especially with PFI Mega Life as our partner,” Oney added.
About PFI Mega Life
PT PFI Mega Life Insurance is a life insurance company committed to delivering financial protection and peace of mind for Indonesians through a diverse range of innovative solutions, including Sharia-compliant products.
About Bank Mega Syariah
PT Bank Mega Syariah is part of CT Corpora, one of Indonesia’s largest conglomerates with diversified business portfolios in media, lifestyle, and financial services. Officially operating since August 25, 2004, Bank Mega Syariah strives to be a trusted financial partner for all segments of society through comprehensive funding, financing, and service solutions aligned with Sharia principles.
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