Coop Assurance Center
PHCCI members in general are covered with a mortuary plan from CLIMBS up to the amount of PHP50,000.00 per year depending on the premium contributed by the specific member. However, some members may find this insurance coverage inadequate. Thus, PHCCI, as a microinsurance agent of CLIMBS, offers the following life insurance products and/or services.
Group Accidental Death Disablement & Dismemberment Insurance (GADDI)
Yearly renewable.
16 to 69 years old. Exit age 70 years old
Coop Family Plan
Designed to give protection to all the family of the member.
Yearly renewable.
18 to 69 years old at last birthday (age entry to the plan).
Their legitimate children age from 1 to 17 may also participate.
If no minor children, the eligible children slots might be given to the family members up to 4th civil degree.
GADDI-FUSA
Group yearly renewable term.
18 to 69 yrs old; exit age 70 yrs old.
Accident coverage with Life and Funeral insurance.
Funeral assistance may be converted to cash up to 50%.
CLIMBS Life Plan
A partnership with the Cosmopolitan Funeral Homes and Philippine Mortuary Association.
Renewable Yearly.
6 months contestability on pre-existing illness.
May be converted to cash up to 100% of the coverage.
PHCCI Family Plan
It requires a minimum maintaining balance of five hundred pesos (P500.00) plus (P50.00) passbook fee.
It starts to earn annual interest at 2,500.01 with a rate that varies based on the amount of the average daily balance (ADB) placed. The applicable annual interest is computed and posted on a monthly basis.
PHCCI offers affordable loan interest rates.
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