Fica

A low cost fire insurance coverage for residential contents leasehold improvements of residence, rented apartment and boarding house.

Amount of Coverage

  • Fire Insurance Cash Assistance P10,000.00
  • Accidental Death Benefit P10,000.00
  • Calamity Assistance due to earthquake, flood and typhoon subj. to 75% of actual loss P3,000.00
  • Annual Premium P120.00
  • Maximum of three (3) certificates per residence (all locations)

Fica – Commercial Risk

  • To answer the need of small-to-medium size business for an economically-priced business insurance designed for both commercial and market vendor/stallholder.
  • The plan covers Fire/lightning insurance for leasehold improvements and/or business contents at indicated address.

Underwriting Guidelines:

  • Assured must be member of the cooperative and solely own the business.
  • Business located within the market, will not be covered.
  • Movable or wheeled type of the business are not covered.

Amount of Coverage:

  • Fire Insurance Cash Assistance P10,000.00
  • Accident Death Benefit P10,000.00
  • Calamity Assistance due to earthquake flood and typhoon subj to 75% of actual loss/event P3,000.00
  • Annual Premium P85.00
  • Maximum of three (3) certificates per residence (all locations)

In partnership with:

https://bansalancoop.com/