Tag: life insurance policy

GSIS members urged to convert life insurance policy

MANILA, Feb. 2 (PNA) — State pension fund Government Service Insurance System (GSIS) is encouraging its 382, 405 active members who are still holders of Life Endowment Policy (LEP) to convert their GSIS insurance plan into Enhanced Life Policy (ELP). ELP provides higher insurance benefit to legal heirs of deceased members, which is equivalent to 1.5 of the annual salary of the member. Launched in 2003, it seeks to boost financial support to members’dependents in […]