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life insurance  // Posts tagged as "life insurance"

GSIS slates release of cash benefit to members Jan. 6 to 31

Date Posted: January 12, 2017 State pension fund Government Service Insurance System (GSIS) has started releasing last January 6 a total amount of Php185 million in cash benefit for its members. “The total cash benefit this year is far lower than the Php848 million GSIS released last year due to the decreased net income from […]


Life Endowment Policy ( LEP )

Who are members under LEP? All employees who entered government service prior to August 1, 2003 and receiving monthly compensation irrespective of employment status and who have not reached the mandatory retirement age. Members of the Judiciary and its equivalent rank and the Constitutional Commissioners who entered government service prior to and after August 1, […]


Enhanced Life Policy (ELP)

The ELP seeks to enhance the death benefits of your family and, at the same time, to simplify the administration of the compulsory life insurance component of the GSIS benefit program. What are the features of the ELP? The insurance coverage shall be a yearly term renewable life insurance cover based on your fixed monthly […]