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Coop Life Savings Plan (CLSP)

A group term insurance that protects and encourage capital share and/or savings deposit build-up with the cooperative
Amount of Insurance (Php)
BenefitsAgeCoverage (Share Capital and/or Deposit Aggregate Limit)
Life Insurance18-65300,000
 66 and above100,000


The premium for CLSP is equivalent to one percent (1%) of the total shares/savings of the cooperative per year.