Conventional Life Insurance
Asuransi Jiwa Konvensional
🏦 Section K — Financial & Insurance Activities
In Bali: open to a PT PMA
Conventional Life Insurance: Open Nationally and in Bali
This activity covers conventional life insurance, open to full foreign ownership nationally and not blocked from PMA registration in Bali.
Bali’s status is therefore genuinely open for PMA registration, not merely nationally open in theory.
Unchanged 2020→2025. UU 4/2023 (P2SK) is the overarching legislative framework modernising the sector. With the June 2026 transition window closed, verify and update the OSS record now.
What You Need
Bali Intelligence
- OJK insurance license — mandatory, separate from OSS
- 66221Insurance agent activities if you sell through agents
Source: the BPS 2020↔2025 conversion table, mechanically extracted and acceptance-gate verified. It shows which 2020 codes map to this 2025 code — provenance only, not a licensing claim: the regulatory regime of these predecessor codes has not been adjudicated as transferring.
Sources & Verification
Each data layer below traces to a government source with its KBLI vintage — or is declared as a gap. Nothing in these layers is silently filled in.
Title and scope as defined by the KBLI-2025 classification.
locator: OSS_RBA_2025_id_version_fff4053d
Risk category and licensing rows are KBLI-2025-native from the OSS Risk-Based Approach catalog.
locator: OSS_RBA_resiko_2025
The investment-list annexes predate KBLI 2025; the per-code crosswalk audit of this layer is in progress. The value shown is the annex text, disclosed with its vintage.
Conservative posture derived from the risk tier · confidence MEDIUM.
Dataset last updated 2026-07-26 · KBLI 2020 and KBLI 2025 reuse code numbers for different activities — cross-vintage rows are labeled, never merged silently.
Can foreigners operate a conventional life insurance business in Indonesia?
What license is required for KBLI 65111?
What is KBLI 65111?
Related Codes
Sharia Life Insurance
Asuransi Jiwa Syariah
Conventional General Insurance
Asuransi Umum Konvensional
Sharia General Insurance
Asuransi Umum Syariah
Deposit & Policy Guarantee Scheme
Aktivitas Penjaminan Simpanan dan Asuransi
Conventional Guarantee Services
Penjaminan Konvensional
Sharia Guarantee Services
Penjaminan Syariah
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