The Government Service Insurance System (GSIS) on Thursday, Nov. 9, explained the personal accident insurance being offered by the agency.

“Ang personal accident insurance na ino-offer ng GSIS ay nagbibigay ng proteksyon sa miyembro 24/7 kahit nasaan man insured, dito man o sa ibang bansa, work-related man o hindi ang sanhi ng aksidente,” GSIS President and General Manager Jose Arnulfo “Wick” Veloso said in an episode of GSIS Ginhawa For All.

“Maaaring pumili ang applicant ng halaga ng insurance coverage mula P50,000 hanggang P5 million. Covered [din] ang kamatayan na sanhi ng kahit anong aksidente kasama ang animal bite [at] pwede ring mag-claim ng reimbursement ng medical expenses na nagastos dahil sa aksidente na equivalent sa 10 percent ng halagang insured o P50,000 kung ano man ang mas mababa,” he added.

Veloso also listed the people qualified for the GSIS personal accident insurance:

• Class A - GSIS active members

• Class B - GSIS retirees, pensioners, spouse, children, siblings of active members, retirees, pensioners, parents of active members

• Between 3 to 80 years old; and

• Children under guardianship of active GSIS members, retirees and pensioners (subject to the submission of proof of guardianship)

The GSIS chief also explained what happens to a member when they die.

“Kapag namatay, makakakuha ng 100 percent ng principal sum of insurance. Kapag unprovoked, murder, and assault 50 percent ng principal sum pero dapat hindi hihigit ng P50,000,” Veloso said.

“Pinakamura ang GSIS sa personal accident insurance. Para sa GSIS active member, 50 centavos lang for every P1,000 of coverage para sa death at 50 centavos for every P1,000 coverage para sa medical reimbursement na hindi lalagpas sa P50,000 na maximum amount of coverage. May bereavement assistance na P10,000 pero walang premium na babayaran dito,” he added.

The state pension fund also offers a group accident package, which Veloso explained the Department of Education (DepEd) was part of.

“Sa kinuhang group accident package na kinuha ng DepEd ay 100 percent ng principal sum ang makukuha ng beneficiary kapag unprovoked murder o assault ang ikinamatay ng insured," he said.

"Sa ating regular package ay 50 percent lang ang makukuha ng beneficiary pag ganito ang kaso pero may matatangap na bereavement benefit. Walang bereavement package, unfortunately, ang kinuhang group package ng DepEd,” he added.

In case a member gets into any accident, they have to submit a formal notice with the following requirements to apply for the claim:

• Name and complete contact details of the claimant/victim; and agency they are under

• Email address

• Landline or phone number

• Contact person

• Mailing address

“Dapat din nilang tandaan na kapag may claim, kailangan itong i-file within 60 days of the date of the accident,” Veloso said.

Applications for accident insurance should be sent to [email protected] for those residing in the National Capital Region (NCR). Those outside NCR may bring their application to the nearest GSIS branch office.