In this study the authors analyze the application of the Business Judgment Rule doctrine which is applied to the case study of PT Asuransi Jiwasraya regarding the criminal act of corruption that has been committed by its Board of Directors (BOD). The type of research used in this study uses normative-empirical research which analyzes the implementation of laws and regulations on cases that occur in society. This study aims to analyze the application of the Business Judgement Rule doctrine to the directors of a State-Owned Enterprise (Persero), especially using a Live Study Case, namely against PT Asuransi Jiwasraya. The board of directors in a company has an important role in carrying out their duties to ensure the achievement of the goals of a company. In carrying out their duties, the directors must be able to make decisions that are inseparable from business risks. The Business Judgment Rule doctrine itself is a legal protection for the directors against the business decisions they make if in the future there is a loss due to the business decision. The discussion will examine whether the Business Judgment Rule doctrine can be applied and protects the board of directors at PT Asuransi Jiwasraya.