Group Yearly Renewable Term

Salient Features

  • Covers the lives of members of the cooperatives
  • One year coverage
  • Yearly renewable term
  • Benefit is payable to designated beneficiary (Immediate family) thru the cooperative
  • One year contestability period for “NEW” entry
  • Customized structure of benefit and premium based on coop’s demographic data.

Optional Riders

  • Accidental Death and Dismemberment
  • Accidental Medical Reimbursement
  • Total and Permanent Disability

• As per agreement
• Regular or Associate member in good standing
• In good health
• Can perform activities of daily living