Discover a clear glossary of insurance terms, including cash value, pre-existing condition, premium holiday, and more.
PSAKBI stands for Polis Standar Asuransi Kendaraan Bermotor Indonesia (Standard Motor Vehicle Insurance Policy of Indonesia). In motor insurance, PSAKBI provides protection against risks such as collision, overturning, skidding or falling into a ditch, theft, malicious acts, or fire.