-One (1) year contestability period for those with pre existing illnesses.
- SUICIDE CLAUSE: Not compensable if it occurs within one year
Non-life insurances
COVERAGE
Maximum Benefit Limit (Per Illness, Per Year): 60,000
In-patient Benefits
Out-Patient Benefits
Room & Board Accommodation
Emergency Care Services
Annual Physical Examination
Dental Benefit
Special Modalities
Diagnostic Modalities
Other Concessions
Therapeutic Modalities
Pre- existing Medical Condition COVERED
Product Features:
1. Fixed value life plan with increasing memorial service benefit.
2. Maximum paying period of 5 years plus
the special benefit of 5% increase yearly up to 150%.
3. Transferable and assignable.
4. Insurance benefits up to ₱187,500.00.
- Credit Life Insurance,
- Group Yearly Renewable Term Insurance,
- Accidental Death Benefit,
- GADDDI Plus and,
- Coop Aksi-Silver
5. Monthly amortization starts at ₱700.00 pesos.
6. Open to all BUGEMCO members and their families.
SCOPE OF COVERAGE:
The plan offers 24 hours a day, 365 days a year, worldwide protection against accidents that an insured person may be exposed to in the course of activities related to business or pleasure, whether on or off the job, occurring in the house, or while traveling. Coverage includes but is not restricted to flying as a passenger (not as a crew member) in any commercial airline, on any regular schedule, non-schedule, chartered flight, or any military transport operated by any government authority.