Basic Life Insurance Plan (BLIP) Renewal at No Cost

As a compassionate response to our members whose livelihood were severely affected by the pandemic, the Association was able to secure the approval of the Insurance Commission to provide our BLIP Renewal at no cost for CY 2020.

This was to ensure that each member will have active Basic Life Insurance during the Covid-19 pandemic.  Aside from members being insured for one year, they also get P120 equity value. 

BLIP is the mandatory life insurance plan of the Association with a premium of Php240 per annum.  It covers the member for a benefit of P10,000,  the spouse for Php5,000 and up to four children below 21 years old for Php2,500 each.  The insurance coverage includes death and accidental death benefits, accidental dismemberment or disablement and total and permanent disability. 

For members who already paid for their P240 BLIP premium contribution last year, their BLIP will be automatically renewed for CY 2021.

"Maganda po ang Free Blip, kasi nakatipid po ng isang taon na payment sa insurance namen ng asawa ko" (Free BLIP is good because I was able to save money for me and my husbands’ 1 year coverage) .
Jamilar Genalyn
San Pablo Branch Client
"Dahil sa Free BLIP, hindi naglapsed ang insurance ng aking dalawang Kapamilya recruit pati ang aking Insurance. Malaking tulong para sa aking pamilya ang nalibreng bayad para sa BLIP" (Because of Free BLIP, my coverage, as well as my two recruits were maintained. It is a big help for my family).
Zenaida Achanzar
Tuguegarao Branch Client
"Malaking tulong yong pagkakaroon po ng free blip kasi imbes na ipambayad namin sa renewal yung para sa 2020 na payment nagamit namin pndagdag sa pangangailangan sa bahay at di ko po akalain na mabibigyan ako ng pagkakataon mabigyan ng free sa insurance " (Free BLIP is a big help to me because instead of paying for my renewal, the money was used to buy other household needs. I even could not believe that I will be given a free insurance)
Myrna Masayda
Daraga Branch Client

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