GSIS gives free Personal
Accident Insurance to AAOs
THE Government Service Insurance System (GSIS) is giving agency authorized officers (AAOs) a free Personal Accident Insurance in recognition of the AAOs’ crucial role in the pension fund’s processing of the loan applications of members.
The System started giving AAOs free Personal Accident Insurance cards at the beginning of the year.
Among those who are entitled to this free program are principal AAOs and their alternates. They will remain entitled to such as long they remain legitimate AAOs of their respective agencies and registered with the GSIS. The card is renewable every year.
AAOs are the ones that certify the loan applications
of employees of their respective agencies through the electronic
certification system required by the GSIS. They also submit an agency
remittance advice (ARA) to the pension fund, containing the updated
data of the member including salary adjustments, change of status, and
change of position, among others, in electronic remittance format. The
GSIS updates the member’s GSIS records accordingly based on the ARA.
To date, of the total 16,300 registered AAOs in the country, around
8,000 of them have already availed of the free Personal Accident
Insurance card.
All forms of accidents that result in death or dismemberment are
covered by the free Personal Accident Insurance, including dog bites
and accidental gunshots, among others.
The policy covers an indemnity of P500,000 for accidental death and
dismemberment. For medical reimbursement, the claim is P50,000; for
bereavement assistance, the claim is P10,000; and for unprovoked murder
or assault, the claim is P50,000.
Under this program, AAOs are covered 24 hours a day, seven days a week, wherever the accident occurred.
To file for claims, the AAO must file a notice of loss within 14 days
to the nearest GSIS servicing office. For those who have not yet
availed of their free Personal Accident Insurance card, the GSIS
advises them to contact their respective GSIS Membership coordinator or
send an email to
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or call 02-4793561 for further
inquiries or assistance.
Under its usual personal accident insurance program dubbed as My
Shield, the GSIS covers an individual aged three to 80 years old for a
basement-low premium of just P0.40. For just 40 centavos, an individual
can already get P1,000 worth of personal accident coverage . My Shield
offers a minimum coverage of P50,000 to a maximum protection of P5
million.
The GSIS, by virtue of Republic Act 656 as amended by Presidential
Decree 245, is allowed to engage in all kinds of insurance and
reinsurance business. In addition, the state-run pension fund is
empowered to insure all properties, assets, and interests of the
government against any insurable risk.
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