Special Markets
Cocolife is privileged to be an accredited insurer for the country’s modern-day heroes, our migrant workers. We are also committed to providing quality service for DepEd teachers, seafarers, and those in need of microinsurance.
MICROINSURANCE
GROUP YEARLY RENEWABLE TERM PLAN FOR MICROINSURANCE
• A plan that provides life insurance coverage and optional supplemental benefits to the low-income or disadvantaged sector
• Pays benefits of up to 500 times the daily minimum wage rate in case of death, disability or injury
• Involves simpler application and claim documentation requirements
GROUP CREDIT LIFE INSURANCE PLAN FOR MICROINSURANCE
• A plan that provides the low-income or disadvantaged sector with credit life insurance coverage of up to 500 times the daily minimum wage rate
• Death or disability benefit is primarily used for payment of outstanding loan; any excess benefit will be paid to the beneficiaries
• Involves simpler application and claim documentation requirements
HOSPICASH PLAN FOR MICROINSURANCE
• A fixed income benefit hospitalization plan for the low-income or disadvantaged sector
• Pays daily cash benefit, supplementary cash benefit, transportation allowance and companion allowance upon the insured's hospital confinement
• Yearly renewable coverage up to age 100
MULTI-PURPOSE SALARY LOANS
Happy teachers are productive teachers. Through salary loans, COCOLIFE can empower educators financially. COCOLIFE can provide them with more than just their livelihood - we help them live a fulfilled life.
MIGRANT WORKERS
The Filipino migrant workers are truly deserving of the title "Ang Bagong Bayani". They have fueled the nation's economy, providing the government with much-needed revenues. As a way of giving back, the government passed RA 8042, the Compulsory Insurance Coverage for Agency-Hired Migrant Workers. Cocolife is privileged to be one of the accredited insurers. We are proud of this opportunity to provide our migrant workers with insurance protection. Cocolife is committed to give priority to the needs of our new heroes as we are big on caring for our migrant workers.