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Philamlife has continued to work towards educating Filipinos on the importance of financial planning, savings and investments as a venue to improving their way of life.
Credit Life Insurance
GROUP INSURANCE
Meaningful compensation is more than just salaries. An employee's financial security is complete only when salaries are supported by employee benefits. A company that fills this need will profit from the loyalty and focus of its employees.
WHAT ARE THE MUST HAVEs IN EMPLOYEE BENEFITS?
- Group Yearly Renewable Term (GYRT) Life Insurance
Provides Life Insurance protection anytime, anywhere and due to any cause of
death.
-
Accidental Death & Dismemberment (AD&D) benefit
Provides an additional benefit, on top of the Life Insurance benefit, if the
insured dies or is dismembered within 180 days from the date of an accident.
-
Total & Permanent Disability (TPD) benefit
Advances the GYRT benefit thru a monthly income in case of total and
permanent disability
- Hospital Income Benefit (HIB)
Provides a fixed daily benefit to supplement income lost for each day of
hospital confinement due to sickness or accident.
-
Terminal Illness Benefit (TIB)
Advances 50% of the GYRT benefit up to a maximum of P500,000 if the individual
is found to be terminally ill.
- Critical Illness Benefit Pays a pre-determined amount if the member is diagnosed to have contracted a critical illness or undergone a covered surgery.
WHO CAN HAVE EMPLOYEE BENEFITS?
Group Insurance can be offered to the following groups:- Employer-Employee Groups
- Professional Associations
- Cooperatives
- Labor Unions