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Journal : Recital Review

Tanggung Jawab Hukum Perusahaan Asuransi dan Perlindungan Konsumen Pasca Pencabutan Izin Usaha Mayang Asmara Megaputri, Vincencia; Hariyani, Iswi; Prakoso, Bhim
Recital Review Vol. 7 No. 2 (2025): Volume 7 Nomor 2 Juli 2025
Publisher : Magister Kenotariatan, Universitas Jambi

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Abstract

The revocation of PT Asuransi Jiwa Adisarana Wanaartha's business licence by OJK on 5 December 2022 was due to violations of solvency, investment adequacy ratio, and minimum equity requirements. The revocation of this business licence requires the company to undergo liquidation and has an impact on policyholders who face the risk of defaulting on claims. This research uses normative juridical method with statutory and conceptual approaches. The result of the discussion of the issues examined by the author is that the revocation of PT Asuransi Jiwa Adisarana Wanaartha's business licence by the OJK meant that the company lost its legal status to operate, resulting in a liquidation process aimed at settling the company's obligations and protecting the interests of policyholders. The consequences of the revocation of the business licence for policyholders include changes in the claims mechanism, which now proceeds through an administrative and uncertain liquidation process, as well as facing the risk of losses due to the company's limited assets. After its business licence was revoked, PT Asuransi Jiwa Adisarana Wanaartha is obligated to prioritise policyholders in settling its obligations, meaning the company must refund all premiums to policyholders due to the cancellation of the insurance agreement. Legal protection for policyholders is provided through the insurance policy as internal legal protection and external legal protection from the OJK and the Deposit Insurance Agency under the P2SK Law. In the event of a dispute, policyholders may resolve it through litigation by filing a breach of contract lawsuit if the company fails to fulfil the insurance agreement.
Co-Authors A, Sefia Aura Aan Efendi Abdul Haris Afianto Achmad Rofik Adam Bintang Danesa Wijaya Adhitya Wardhono Ainun Najib Al Farizy, Mohammad Rafi Alexsandro Ricardo, James Alif Ardiansyah Amri, Ahmad Ihsan Ana Laela Fatikhatul Choiriyah Ananta, Radina Widya Anantha, Akmal Ricko Fery Antikowati Antikowati Apriliantika, Maulidya Nur Arinanta, Arya Ayuningtyas, Vica Putri Azzahra, Mutiara Bawamenewi, Apri Yeni Asni Bayu Abdillah Bayu Indra Permana Bayu Indra Permana Belva Vidaloka Chrisari Berliana Ayu Saputri Besty Dyah Qorina Ilmi Cahyani, Keren Filosa Clarissa Oktaviriya Prakoso Dawud, Abdul Hady Dewatoro Suryaningrat Poetra Dewayani, Nyiur Rahma Dewi indriani Dhamargita, Arifah Zahra Diajeng Dwi Oktaverina Dian Qobila Belinda Dimas Seandy Frinaldo Dodik Prihatin AN Echwan Irianto Efendi, Aan Efendi, Lintang Wulan Rika Eka Putri Amalia Elnadia, Salsabillah Rahmah Ermanto Fahamsyah Erzaldi, M Dwiki F, Sandrina Naura Fadilah, Iftitah Arya Putri Faisal Samsudin Faizyah, Nadia Nurdiyana Fanny Tanuwijaya Fatmawati, Yeni Fauziah, Rafika Feiyanti, Fa’iz Salsabila Dwina Fendi Setyawan Fendi Setyawan Ferdyansyah, Dandy Firdaus, Loveis Critzylla Firmansya, Aditya Alif Fivi Faiqotul himmah Floranta Adonara, Firman Gontha, Chelsea Tiara Himmatul Mahmudah Honainah Honainah I Gede Widhiana Suarda I Wayan Yasa Iga Dewi, Elit Inayah, Amalia Nurul Innabilla, Mirsya Rifah Aulia Isro Vita Nugraningsih Iswi Hariyani Iswi Hariyani Iswi Hariyani Julian, Alicia Zalwa Khafid Setiawan Krisna Mukti Pradana Kumalasari, Nandya Alfina Laela, Intan Laili, Anneja Maghfirotul Lestari, Dhea Suci Lestari, Ria Nova Agustin Puji M, Akmal Iqbal M. Afif Hasbullah Maharany, Adelia Dwifa Maulida, Hurin Silmi Mayang Asmara Megaputri, Vincencia Ma’arif, Samsul Misbahul Ilham Misbahul Ilham Moh. Ali Moh. Ali Muhammad Imaduddin Naja, Muhammad Hikam Nariswari, Septiya Nasir, M Abd Nasir, M. Abd. Nawu, Maria Natalia Ningsih, Arumiyati Nisah, Ulfatun Nisriina Milla Sharfinda Nugroho, Fiska Maulidian Nur Fitriah Nurhandini, Valda Sari Oktavia Rahma Permata, Dini Permatasari, Intan Permatasari Puspita, Nabilah Ayu Puspitasari, Michele Stefany Nazwa Puspito, Agung Nugroho Puteri, Anggi Najwa Putra, Ido Gustiawan Putri, Nabila Nuraini Eka Qori’ah, Ciplis Gema R, Shofiatur Rachma P. A, Shabrina Rafa, Muhammad Rahmadini, Intan Aulia Rahmanda, Rahadian Ramadhani, Dian Aulia Ramadhani, Nabila Fajrin Kurnia Reyka Widia Nugraha Rhama Wisnu Wardhana Rizqiani Purwaningtiyas R Rofik, Achmad Ruskaya, Rumaisya Aatikah Safarinda, Rima Dea Saindra, Rafi Dzulfiqar Faiz Salsabila, Adelia Syahara Sarifudin, Ahmat Setiawan, Khafid Shafaana, Raihana Aulia Sholehah , Nur' Imami Barokhatus Sifah, Isrina Siti Ayu Rahayu Sonia Candra Dewi Sultonia, Ivone Suud, Hasbi Mubarak Syadzwina, Dhifa Nadhira Syahara, Del Viera Alphi Nur Syahzanan, Fatimah Tazkiya, Anisa Thaka, Ichan Ryan Ubaidillah, Mohammad Vira Nadia Septiani Wahjuni, Edi Wardana, Dendik Surya Wardani, Amanda Julia Wibowo, Kaisar Belmiro Khalfani Widya Sari Amalia Wijaya, Adam Bintang Danesa Wisnuwardhani, Diah Aju Y, Erwina Dwi Yoniksa K, Bintang Z, Najmah Tsuraya