Guide on GSIS Policy Loan Renewal For Those Who Have Existing Policy Loans
GSIS POLICY LOAN – Here is a guide on when you can renew your policy loan to the Government Service Insurance System.
Are you a member of the Government Service Insurance System or more commonly called as GSIS? This social insurance institution has a lot to offer to its members.
Most of the GSIS members are employees of the government and the public sector. Every month, they pay a certain amount to the social insurance institution as savings. Accumulated savings can make a member eligible for an offer.
One of the offers of the Government Service Insurance System is the GSIS Policy Loan. It is open for members with life insurance policies.
The GSIS offers two (2) life insurance policies – the Life Endowment Policy (LEP) and the Enhanced Life Policy (ELP). Your loanable amount will depend on the type of life insurance policy you have.
Do you want to know how much you may borrow under this loan offer? Feel free to visit – GSIS POLICY LOAN: How Much Is Loanable Under the GSIS Policy Loans.
How about if you already have an existing policy loan and you wanted to renew it? According to the social insurance institution, the GSIS Policy Loan renewal is possible.
With regards to the date of the GSIS Policy Loan renewal, it is allowed “on or before the anniversary date” of your existing loan. Aside from this loan offer, the social insurance institution has several other loan offers.
You may visit – GSIS LOANS: List of GSIS Loan Offers Members Can Apply For.
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I have an existing regular Policy loan. Since I have loans here, there was no deductions made yet. What I know was that my balances have been deducted already everytime I reloan regular policy. Last week, I was alarmed because my name was included in the lists of those who have outstanding balances in their regular policies. What shall I do with this problem sir/madam
How to apply my matured policy, I turned 45 last June 27.is there any application on line.