BLIP


Kaagapay Basic Life Insurance Plan (BLIP)

Kaagapay Basic Life Insurance Plan (BLIP) is a mandatory insurance with a premium of P240 per annum. The coverage includes death and accidental death benefits, accidental dismemberment/ disablement and total and permanent disability. It covers both the member and qualified dependents. Members have equity value equivalent of P120 or 50% of the premium.