Insurance coverage

OFW to obtain extended insurance coverage, assures DOLE

MANILA, Philippines – Overseas Filipino Workers (OFW) will receive expanded insurance coverage amid the COVID-19 pandemic, the Department of Labor and Employment (DOLE) said on Sunday.

“The pandemic has made our migrant workers vulnerable to various risks and perils. By expanding mandatory insurance coverage, we aim to extend protection to all OFWs, at no cost to our workers,” DOLE Secretary Silvestre Bello III said in a statement.

The extended insurance policy guarantees coverage in the event of death, disability, repatriation, medical emergency and litigation.

In the event of accidental death, at least $15,000 will be paid as a survivor benefit while at least $10,000 will be paid in the event of natural death.

The insurer will also organize and pay for the repatriation or the remains of the worker.

For disability benefits, at least $7,500 will be paid.

The policy also covers repatriation, when employment is terminated by the employer without cause or by the employee for cause.

Migrant workers who will be involved in a case or litigation and demands for money will be entitled to a living allowance of at least $100 per month for a maximum of six months.

Also covered are medical evacuation, medical repatriation and humanitarian visit of a family member, if the migrant worker is hospitalized and confined for at least seven consecutive days.

Placement and recruitment agencies will guarantee insurance coverage while the costs of coverage will be borne by employers or foreign workers themselves “subject to full reimbursement on the first day of arrival of the latter. on site or in the country of destination”.

“Only reputable private insurance companies duly registered and currently accredited with the Insurance Commission are qualified to provide insurance coverage,” the DOLE said.

“The guidelines on expanded compulsory insurance coverage will be observed during the public health emergency period due to COVID-19 and will remain in effect until the full completion of the national government’s vaccination program,” the official added. labor department.