December 28, 2020

Dear SESLA Member,

Further to the announcement of Group Term Insurance (GTI) renewal with Pioneer Insurance Company for the period December 29, 2020 to December 28, 2021, following are additional information and clarifications:

A. Description of Persons to be covered

B. Benefits

C. Submission Procedure

  1. Members with total outstanding loan balance of P100,000 and above
  • Automatically enrolled in this annual GTI equivalent to the amount of loan balance at the beginning of each renewal period.
  • Premium payment shall be debited from deposit account.
  1. Members with total outstanding loan balance of less than P100,000
  • May enroll at their option, anytime within the insurance period and must submit an Enrollment Form (EF) and Statement of Health Form (for Level 2)
  • Premium shall be billed pro-rated based on period covered.
  • Payment options are listed in the EF
  1. Members without loan
  • May enroll at their option, anytime within the insurance period and must submit an Enrollment Form and Statement of Health Form (for Level 2)
  • Premium shall be billed pro-rated based on period covered.
  • Payment options are listed in the EF
  1. Enrollment Form and Statement of Health Form may be submitted via online at the following email address: [email protected]

    Download the Enrollment Form HERE

D. Others
The primary beneficiary of this group life insurance is SESLA.  However, SESLA can only claim up to the amount of enrollees outstanding loan balance from the association.  In case the enrollee has fully paid his loan during the insurance coverage period, his beneficiaries will automatically receive the full claim upon submission of documentary requirements.

Click HERE to download the Individual Application and Statement of Health for Group Insurance