FEATURES

  ♦ Loans Insurance Coverage for the member-borrower of a cooperative of financial institution.
  ♦ Premium is computed per thousand per month basis.
  ♦ Protection is usually co-terminus with the term of the loan.
  ♦ Maximum term of Thirty-six (36) months.

  EFFECTIVITY

   The effectivity of the Loan Protection shall commence on the date the loan released.

  ELIGIBILITY

  ♦ Must be a member of the Cooperative or Financial Institutions.
  ♦ 18-65 years old. Coverage can be extended up to 69 years old.
  ♦ Not mentally incompetent of physically impaired.
  ♦ Those who are in good health and able to perform the usual duties of their livelihood and not
      afflicted with life threatening diseases.