The Government Service Insurance System (GSIS) on Monday urged all government agencies with insured assets and properties to report any damage caused by typhoons Crising, Dante and Emong for immediate assistance.
The GSIS also asked government units to prepare their policy details to ensure the quick release of funds.
GSIS, as the government’s official insurer, provides coverage for all government-owned assets, including buildings, vehicles, equipment and other properties. It offers non-life insurance such as fire, motor vehicle, engineering and accident insurance, and other optional protection plans for individual GSIS members, pensioners and their families.
The agency also issues compulsory third party liability (CTPL) insurance and covers government-linked projects or ventures where public funds or interests are involved, GSIS said. — Lee Chipongian
