Salary Loans and Insurance programs for Government and Private Employees

PhilLife’s Salary Loan Insurance program provides financial assistance and life insurance coverage to permanent / regular employees of private and government institutions.

Benefits:

  1. Salary Loan Insurance
    Employees can avail of the different insurance products together with Financial Assistance program. If the employee does not wish to avail of the Permanent Life Plan, a mandatory CGL (Credit Group Life) will take place.
  2. Credit Group Life (CGL)
    An insurance coverage required for loan borrowers. The Credit Group Life Coverage will be based on the Principal Loan. The minimum CGL coverage is 25,000. CGL cost per unit is Php4 per 1,000 coverage.

Contact us