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SPECIAL PRODUCTS

MUTUAL BENEFIT FUND (MBF)

  • Provides immediate financial assistance of P50,000.00 to the beneficiaries of a deceased MBF member
  • Compulsory to all borrowing AMWSLAI members excluding pensioners
  • A member should pay one-time the non-refundable P200.00 administrative fee and a monthly contribution of P50.00 for 240 months
  • Membership is open to dependents and relatives up to 2nd degree of consanguinity and affinity
  • Members are covered up to age sixty five (65)

BAWAT MIYEMBRO PROTEKTADO (BMP)

  • Income replacement in case of hospital confinement, private or government hospital for at least 24 hrs.
  • Compulsory to all borrowing AMWSLAI members excluding pensioners
  • First month contribution is P500.00 - non-refundable P200.00 as one-time administrative fee and P300.00 for three (3) months contribution upon membership to the program
  • Provides P1,000.00 daily cash benefit up to 365 days for daily hospital confinementM
  • Provides P2,000.00 cash benefit per day for Intensive Care Unit (ICU) confinement for a maximum of 30 days for both private and government hospital
  • Contribution of P100.00 a month for 18 to 65 years old
  • Contribution of P50.00 a month for 1 to 17 years old
  • Maximum days of confinement for government hospitals is up to 60 days only per confinement per illness

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