ADDITIONAL BENEFITS
PRESCRIPTION MEDICINE BENEFIT
Up to P 1,000 worth of prescription medicine for immediate relief and/or treatment of illness provided the illness or condition is covered under the Agreement and medication is prescribed by an Insular Health Care Physician.
LIFE (GROUP TERM) INSURANCE with INSULAR LIFE
In accordance with Insular Life Group Term Policy No. G - 014175 dated 15 January 1999 and all of its succeeding endorsements, each individual shall be insured in accordance with the following Benefit Schedule:
|
Room Accommodation |
Standard Risk |
Sub-standard Risk |
|
Suite |
P 50,000 |
P 25,000 |
|
Private |
25,000 |
12,500 |
|
Semi-Private |
15,000 |
7,500 |
Any individual with adverse medical findings shall automatically be covered for one-half (1/2) of coverage of a standard risk for deaths due to natural causes and one hundred percent (l00%) of coverage for deaths due to accident. However, the insurance of a child below five (5) years old will be subject to "Child’s Lien", as follows:
|
Age of Dependent Child |
|
|
at the Time of Death |
Amount Payable |
|
|
|
|
3 months to less than 1 year |
One-tenth of the amount of insurance |
|
1 year to less than 2 years |
One-fifth of the amount of the insurance |
|
2 years to less than 3 years |
Two-fifths of the amount of the insurance |
|
3 years to less than 4 years |
Three-fifths of the amount of the insurance |
|
4 years to less than 5 years |
Four-fifths of the amount of the insurance |
|
5 years and above |
The full amount of the insurance |
