1: Official regulation:
Yes, I have seen some sources (Embassies?) ref. to '
insurance company incorporated as a legal entity in Indonesia'.
Now I used google translate on the official regulation issued 18 May 2022 -- and there is
no mention of having to use insurance purchased from insurer incorporated in Indonesia:
Translation: "
...for PPLN foreigners, attach proof of ownership of health insurance
which includes financing for handling COVID-19 and medical evacuation
go to a referral hospital with a minimum amount of coverage according to
determined by the organizer, manager, or local government"
Virtually identical Translation can also be found under:
2: Bali local requirements:
WelcomeBackToBali information site:
VISA Entry Requirements specificly for international arrivals on Visa Exemption Arrangement VEA, Visa On Arrival VOA or eVOA and eVISA. VEA -Visa Exemption Arrangement is free and only available to 10 countries for 30 days only and cannot be extended. 1. Br
www.welcomebacktobali.com
Under VOA and "International Travelers Entry Conditions" it is mentioned "requirement" to buy insurance via Jagawisata:
"Travel insurance with COVID-19 coverage per person (booking on line through: https://www.jagawisata.com/COVID19/). or check with your CHSE certified accommodation if they offer the Jaga Wisata as part of the add on service when booking your stay".
According to this site:
Travel regulations and Travel Requirements to enter into Bali and Indonesia. Updated and reliable. Visa regulations for all nationalities.
bali.com
Here it is stated that Jagawisata insurance is an OPTION in the event your own travel insurance do not have cover for Bali.
Summary: This Jagawisata insurance cost US$34/month, maximum US$34,000 bill and for Covid-19 only -- i.e. this insurance appears to be redundant. I would recommend travel insurance with reputed international insurer w/comprehensive medical cover, medical evacuation, repatriation AND this insurance will usually cover covid-19 as well.