Legal Protection towards the Beneficiaries of PT Asuransi Jiwasraya due to Payment Defaults of the Jiwasraya Savings Plan: A Critical Review
The failure of Jiwasraya's claim settlements was since it was not a part of their insurance product and it did not comply with UU No. 40 Tahun 2014. The creation of this research article is to comprehend the unlawful effect of such failure and places responsibility on parties deemed responsibl...
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| Format: | Article |
| Language: | English |
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Universitas Negeri Semarang
2021-07-01
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| Series: | Unnes Law Journal |
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| Online Access: | https://journal.unnes.ac.id/sju/index.php/ulj/article/view/47548 |
| _version_ | 1797754334847434752 |
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| author | Rizky Amalia Solichin |
| author_facet | Rizky Amalia Solichin |
| author_sort | Rizky Amalia Solichin |
| collection | DOAJ |
| description | The failure of Jiwasraya's claim settlements was since it was not a part of their insurance product and it did not comply with UU No. 40 Tahun 2014. The creation of this research article is to comprehend the unlawful effect of such failure and places responsibility on parties deemed responsible for the losses caused. This research is normative-law research-based, given the evidence of the mismanagement of PT. Asuransi Jiwasraya did not comply with the law and how their board of management disobeyed good governance. Theoretically, PT. Asuransi Jiwasraya bears responsibility, as mentioned in their contractual liability that holds the company responsible. As such is the right of the owner of the insurance policy bought from PT. Asuransi Jiwasraya. As PT. Asuransi Jiwasraya is a state-owned enterprise - the Indonesian government is also partly responsible for its failure. With that in mind, the government has mandated restructuring the Financial Services Authority (OJK) and increasing financial surveillance on PT. Asuransi Jiwasraya, putting the insurance company on a short leash. |
| first_indexed | 2024-03-12T17:31:39Z |
| format | Article |
| id | doaj.art-7c0fd25fc0944b6aa373b9af387e578d |
| institution | Directory Open Access Journal |
| issn | 2252-6536 |
| language | English |
| last_indexed | 2024-03-12T17:31:39Z |
| publishDate | 2021-07-01 |
| publisher | Universitas Negeri Semarang |
| record_format | Article |
| series | Unnes Law Journal |
| spelling | doaj.art-7c0fd25fc0944b6aa373b9af387e578d2023-08-04T18:08:09ZengUniversitas Negeri SemarangUnnes Law Journal2252-65362021-07-017225728610.15294/ulj.v7i2.4754847548Legal Protection towards the Beneficiaries of PT Asuransi Jiwasraya due to Payment Defaults of the Jiwasraya Savings Plan: A Critical ReviewRizky Amalia Solichin0Faculty of Law, Universitas Lambung MangkuratThe failure of Jiwasraya's claim settlements was since it was not a part of their insurance product and it did not comply with UU No. 40 Tahun 2014. The creation of this research article is to comprehend the unlawful effect of such failure and places responsibility on parties deemed responsible for the losses caused. This research is normative-law research-based, given the evidence of the mismanagement of PT. Asuransi Jiwasraya did not comply with the law and how their board of management disobeyed good governance. Theoretically, PT. Asuransi Jiwasraya bears responsibility, as mentioned in their contractual liability that holds the company responsible. As such is the right of the owner of the insurance policy bought from PT. Asuransi Jiwasraya. As PT. Asuransi Jiwasraya is a state-owned enterprise - the Indonesian government is also partly responsible for its failure. With that in mind, the government has mandated restructuring the Financial Services Authority (OJK) and increasing financial surveillance on PT. Asuransi Jiwasraya, putting the insurance company on a short leash.https://journal.unnes.ac.id/sju/index.php/ulj/article/view/47548payment defaultslegal protectionpt asuransi jiwasraya |
| spellingShingle | Rizky Amalia Solichin Legal Protection towards the Beneficiaries of PT Asuransi Jiwasraya due to Payment Defaults of the Jiwasraya Savings Plan: A Critical Review Unnes Law Journal payment defaults legal protection pt asuransi jiwasraya |
| title | Legal Protection towards the Beneficiaries of PT Asuransi Jiwasraya due to Payment Defaults of the Jiwasraya Savings Plan: A Critical Review |
| title_full | Legal Protection towards the Beneficiaries of PT Asuransi Jiwasraya due to Payment Defaults of the Jiwasraya Savings Plan: A Critical Review |
| title_fullStr | Legal Protection towards the Beneficiaries of PT Asuransi Jiwasraya due to Payment Defaults of the Jiwasraya Savings Plan: A Critical Review |
| title_full_unstemmed | Legal Protection towards the Beneficiaries of PT Asuransi Jiwasraya due to Payment Defaults of the Jiwasraya Savings Plan: A Critical Review |
| title_short | Legal Protection towards the Beneficiaries of PT Asuransi Jiwasraya due to Payment Defaults of the Jiwasraya Savings Plan: A Critical Review |
| title_sort | legal protection towards the beneficiaries of pt asuransi jiwasraya due to payment defaults of the jiwasraya savings plan a critical review |
| topic | payment defaults legal protection pt asuransi jiwasraya |
| url | https://journal.unnes.ac.id/sju/index.php/ulj/article/view/47548 |
| work_keys_str_mv | AT rizkyamaliasolichin legalprotectiontowardsthebeneficiariesofptasuransijiwasrayaduetopaymentdefaultsofthejiwasrayasavingsplanacriticalreview |