The Government Service Insurance System (GSIS) said it has released the life insurance proceeds plus the additional P500,000 benefit under its Bayanihan Fund for Frontliners (BFF) to the families of four government frontliners who succumbed to the coronavirus disease 2019 (COVID-19), the pension fund said in a statement yesterday.
“GSIS recently released a total of P7.8 million in life insurance benefits plus an additional P2 million in BFF benefits to the legal heirs of four government medical frontliners who died of COVID-19. We are currently in the process of validating the insurance claims of 18 other claimant-families,” Rolando Macasaet, GSIS president and general manager, said in his report to President Duterte.
In his letter, Macasaet also assured Duterte that GSIS will accelerate the insurance claims process for the families of other COVID-19 victims among government frontliners.
“Once we have all the documentary requirements, we commit and assure the president that GSIS will release their insurance checks within two work days,” he said.
Macasaet added GSIS is constantly coordinating with the Department of Health (DOH) to assist the claimants in obtaining the required documents to facilitate the release of their insurance claims within the two-day period.
As GSIS members, all medical frontliners in government are covered by the compulsory life insurance program of GSIS. In addition to this, GSIS will grant an additional P500,000 under its BFF program to the families of public health frontliners who died of COVID-19 after treating or serving patients who are infected by the virus.