LABB (Life Accident and Dismemberment Burial Benefit with Hospital Confinement Daily Benefit) – is the latest unique and low cost protection plan specially designed for low-paid Filipino Employees, Workers, Laborers and Toiling Hands.
Benefits of the Plan:
- Life Insurance In the event of the insured’s death due to natural cause, the loved ones or the designated beneficiaries will be receiving cash benefit.
- Accidental Death and Dismemberment Benefit.
- Cash Burial Benefit
- Hospital Confinement Daily Benefit
ELIGIBILITY AND OTHER CONSIDERATIONS
- Those 18 to 64 years old are qualified to avail this plan for 1 year (renewable).
- In good health
- Gainfully employed
- Not an active member of the AFP (Military, Navy), PNP, CAFGUs and Brgy. Self Defense Units
- Not engaged in hazardous occupation or sports
- e.g. Aviators/Pilots, Acrobats, Professional athletes, OFW/Seafarers