Guide on GSIS Policy Loans Qualifications / Eligibility Requirements
GSIS POLICY LOANS – Here is a guide on who may apply for the policy loan offers of the Government Service Insurance System (GSIS).
Most people working in the government and the public sector are members of the Government Service Insurance System. This state-run social insurance institution is more commonly called as GSIS.
A membership to the GSIS is excellent preparation for financial emergencies and as well as the future. As for the latter, it lies more on the retirement benefit under the social insurance institution.
VISIT: GSIS Retirement Benefit: List Of Retirement Programs Offered By GSIS
As for the preparation for financial emergencies, the GSIS got several benefit offers. Among them are the GSIS Policy Loans.
Members of the Government Social Insurance System got life insurance policy – it may be a Life Endowment Policy (LEP) or the Enhanced Life Policy (ELP).
Do you want to know who are eligible to apply for the GSIS Policy Loans? The member-applicant must be:
- insured for at least one (1) year already
- in active service
- having an active insurance policy
- having no pending administrative or criminal case
You might also like to know how much you can borrow under these GSIS offers. It will depend on your life insurance policy. Feel free to visit – GSIS POLICY LOAN: How Much Is Loanable Under the GSIS Policy Loans.
Thank you for visiting our website. We hope we have helped you in regards to this matter. You may keep coming back for more informative guides regarding loan offers and benefits from certain institutions.
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Am retiree in govy srrvice but my pension will commence on 2022 can i apply for this policy loan
Thank you.