Arrangement of Investment-Based Insurance after the Enactment of Law No 40 Year 2014 on Insurance

This article gives an overview that investment-based insurance regulation is not specifically described in the Law N0 40 of 2014 on insurance, although this law was made in the adjustments made to the development of insurance business. Insurance-based investments as expressly provided in this Act. Investment-based insurance has developed in the business world, it is with this consideration is then enacted Law No. 40 of 2014. Because it needs to review the Insurance Act. The principle of insurance should not enrich themselves but insurance is risk transfer institution, whereas investments held is to enrich themselves investors. Insurance law should clearly explain the principles of investment insurance, then the Financial Services Authority (OJK) in the birth of the Regulation will be easier if the Insurance Act has clearly and firmly, so that policyholders will gain more legal certainty. Keywords: Insurance, Investmen