| BENEFITS | Teachers Basic 200 | Teachers Plus 300 |
|---|---|---|
| Death Due to Accident Including Unprovoked Murder and Assault | ₱20,000.00 | |
| Permanent Disablement or Dismemberment Due to Accident | Up to ₱20,000.00 (Subject to Schedule) |
|
| Death Due to Dengue | ₱10,000.00 | |
| Cash Assistance due to Natural Death/Death due to Sickness (conditions may apply) | ₱5,000.00 | |
| Death Due to Motorcycle Accident | ₱5,000.00 | |
| Permanent Disablement or Dismemberment Due to Motorcycle Accident | Up to ₱7,500.00 (Subject to Schedule) |
|
| Burial Benefit due to Accident | ₱5,000.00 | |
| Educational Assistance for Beneficiary Due to Accidental Death | ₱5,000.00 | |
| Hospital Confinement Allowance Due to Accident / Animal Bite | Up to ₱5,000.00 (₱500/day for 10 days) |
Up to ₱2,500.00 (₱500/day for 5 days) |
| Medical Reimbursement due to Accident / Animal Bite | - | Up to ₱10,000.00 |
| Annual Premium | ₱200.00 | ₱300.00 |
TERMS and CONDITIONS
- Insured can avail five (5) policies only.
- Eligibility: Principal must be 18 to 70 years old.
- SCOPE OF COVERAGE: pays lump sum benefits in case of death and confinement due to accident and or/medical cost, up to the limit state in schedule of benefit.
- This policy also covers protection against loss of life or bodily injury, resulting solely, directly and independently of all other causes from an accident caused by external, violent, and visible means. This includes:
- Animal Bite (e.g. snake, rat, crocodile, carabao and horse (rampage)
- Dengue
- Acts of Nature
- Accidental food poisoning
- Death loss or injuries resulting whilst driving/operating any two wheeled motorized vehicle including pillion driver. - No recovery if the murder or assault occurs in any of the following provinces or places: South Basilan; Agusan del Sur; Davao del Norte/Sur/Oriental; Misamis Oriental/Occidental; Zamboanga del Norte/Sur; North & South Cotabato; Maguindanao.
- Permanent Disablement or Dismemberment due to accident: percentage of the sum insured corresponding to the bodily injury suffered, based on the Table of Benefits. The aggregate of all percentage payable in respect of any one accident shall not exceed 100%.
- The Policy covers accidental death or disablement while the Insured is riding a motorcycle, except when the incident involves:
a. Racing, speed tests, or organized trials
b. Riding without a valid driver’s license
c. Carrying more than one (1) back rider - If accidental death occurs within 180 days from the date of injury, the Company will cover burial expenses, up to the maximum limit stated in the policy.
- ADDITIONAL BENEFITS:
Cash Assistance – Natural Death: Covers death due to natural causes, including heatstroke and dengue, excluding pregnancy-related causes, AIDS, and suicide. Pre-existing conditions are covered after six (6) months of continuous coverage.
Educational Assistance – Accidental Death: A lump sum benefit is paid to a qualified dependent who is a full-time student at the time of the Insured’s accidental death.
Hospital Confinement Allowance – Accident: Provides a daily income benefit for up to five (5) days if the Insured is confined due to an accident or animal bite.
EXCLUSIONS
The Policy will not cover any loss or expense caused by or resulting from:
- Intentionally self-inflicted injury, suicide or any attempt thereat while sane or insane.
- War, invasion, act of foreign enemy, hostilities, or warlike operations (whether war be declared or not), mutiny, riot, civil commotion, conspiracy, rebellion, revolution, insurrection or military or unsurped power.
- Provoked Assault
- Congenital defects and conditions
- Motorcycle related injuries or loss of life with expired or invalid driver’s licensed, expired vehicle registration.
- Driving under the influence of prohibited drugs or alcohol.
- Sabotage and Terrorism is not covered
- Major disease outbreak, epidemic or pandemic (SARS, CORONA, EBOLA, BIRD FLU, and other dreaded diseases)
These are only some of the exclusions. Complete listings are in the issued policy.
