MICRO-INSURANCE
Official Website of ARDCI NGO GROUP INCORPORATED 2011. All rights reserved
Developed and Maintained by ARDCI MIS TEAM
AREAS OF OPERATIONS
ARDCI NGO GROUP operates mainly in the Bicol Region, Philippines, with branches now covering parts of Quezon Province
CATANDUANES
Albay
Camarines Sur
Camarines Norte
Sorsogon
Quezon
PRODUCTS
MICRO-INSURANCE
5 Branches
VisionBank
6 Branches
7 Branches
3 Branches
3 Branches
3 Branches
Life Insurance
Accident Insurance
Hospital Income Benefit
Credit Group Life Insurance (CGLI)
Exit Age One-Time Endowment Fund
Calamity Assistance
..............................................................................................................
| Other Links |
..............................................................................................................
CDO explains GGCT while HR supervise
AREAS OF OPERATIONS
PRODUCTS
MICRO-INSURANCE
ARDCI NGO GROUP INC. recognizes the need to mitigate member's risk exposure in the form of introducing insurance as a form of protection against threat or possibility of loss.
ARDCI NGO GROUP INC. micro-insurance is a group term insurance for its members. It aims to provide members with financial support in cases of death or disability. It also removes the burden of the GG or SLS in paying deceased or disabled members' outstanding loans.
ARDCI NGO GROUP INC. has signed a Memorandum of Agreement (MOA) with Country Bankers Life Insurance Corporation (CBLIC), a licensed Life Insurance that caters Group
Yearly Renewable Term Insurance (GYRT).
Weekly Micro-insurance Contribution:
Members shall pay Php20 CBLIC contributions during SLS meeting. Monthly premium amounting to P80 shall be religiously paid by the member.
ARDCI NGO GROUP INC.-CBLIC MICROINSURANCE PRODUCT
1. Natural Death
2. Accidental Death
3. Accidental Disability
4. Total and Permanent Disability
5. Accidental Medical Reimbursement
6. Credit Group Life Insurance (CGLI) Plan
7. Hospital Income Benefit (HIB)
Table of Life and Accident Benefits
YEARS OF MEMBERSHIP
|
CAUSE OF CLAIM
|
AGE BRACKET
|
PRINCIPAL MEMBER
|
SPOUSE (18-65 YEARS OLD)
|
CHILDREN
|
Less than six (6) months
|
Natural Death
|
18-65
|
5,000.00
|
||
Accidental Death or Accidental Total and Permanent Disability
|
18-65
66-70
|
10,000.00
10,000.00
|
10,000.00
|
||
More than six (6) months but less than one (1) year
|
Natural Death
|
18-65
66-75
|
5,000.00
2,000.00
|
1,000.00
1,000.00
|
|
Accidental Death
|
18-65
66-70
|
10,000.00
10,000.00
|
10,000.00
|
||
Accidental Total and Permanent Disability
|
18-65
66-70
|
50,000.00
25,000.00
|
10,000.00
|
||
One (1) year but less than two (2) years
|
Natural Death
|
18-65
66-70
71-75
|
60,000.00
25,000.00
15,000.00
|
15,000.00
10,000.00
-
|
3,000.00
|
Accidental Death
|
18-65
66-70
|
120,000.00
25,000.00
|
30,000.00
10,000.00
|
||
Accidental Total and Permanent Disability
|
18-65
66-70
|
60,000.00
25,000.00
|
15,000.00
-
|
||
Two (2) years but less than three (3) years
|
Natural Death
|
18-65
66-70
71-75
|
75,000.00
25,000.00
15,000.00
|
15,000.00
15,000.00
15,000.00
|
4,000.00
|
Accidental Death
|
18-65
66-70
|
150,000.00
25,000.00
|
30,000.00
15,000.00
|
||
Accidental Total and Permanent Disability
|
18-65
66-70
|
75,000.00
25,000.00
|
15,000.00
-
|
||
Three (3) years and more
|
Natural Death
|
18-65
66-70
71-75
|
100,000.00
50,000.00
25,000.00
|
25,000.00
25,000.00
25,000.00
|
5,000.00
|
Accidental Death
|
18-65
66-70
71-75
|
200,000.00
100,000.00
25,000.00
|
50,000.00
25,000.00
25,000.00
|
||
Accidental Total and Permanent Disability
|
18-65
66-70
|
100,000.00
50,000.00
|
25,000.00
|