Manulife donates insurance policies

Manulife donates insurance policies

JAKARTA (JP): PT Asuransi Jiwa Manulife Indonesia handed over
life and accidental insurance policies worth Rp 20 billion
(US$2.63 million) for national athletes and coaches to compete in
the Olympic Games in Sydney in September.

A memorandum of understanding confirming the terms and
conditions of the insurance was signed Wednesday by President
Director of Manulife Indonesia Philip Hampden-Smith and the
National Sports Council (KONI) chairman Wismoyo Arismunandar at
Hotel Mulia Senayan. The insurance coverage begins on May 1 and
finishes on Oct. 10.

"The donation is to show our concern and support of sports
development in Indonesia, especially to the Olympics contingent,"
Hampden-Smith said.

Wismoyo urged national companies to follow the steps of
multinational companies in financially supporting the council.
KONI has received Rp 1 billion in goods from fast food firm
McDonalds Indonesia and US$100,000 in cash and goods from PT
Samsung Electronics Indonesia. (yan)