Title
Supreme Court
Felimon C. Torres vs. Board of Trustees, Government Service Insurance System
Case
G.R. No. 225920
Decision Date
Apr 3, 2024
A deceased pilot's sibling seeks housing loan restructuring after GSIS denies SRI coverage due to unmet requirements; SC rules in favor of restructuring.

Case Summary (G.R. No. 225920)

Petitioner's Background and GSIS Housing Loan

In 1979, Dominador, a Philippine Air Force combat pilot, entered into a Deed of Conditional Sale with ARB Construction Co., Inc., financed by a GSIS‐secured housing loan of ₱76,830. Monthly amortizations were to be deducted from salary. Sales Redemption Insurance (SRI) coverage depended on passing medical examinations and payment of premiums.

Tragic Death and Notices of Foreclosure

On September 2, 1980, Dominador died in an accidental helicopter crash in Lanao del Sur. GSIS, unaware of his death, sent successive letters demanding loan payments. In December 1988, it issued a Notice of Foreclosure.

Petitioner’s Claims on SRI Coverage

Between 1989 and 1990, petitioner asserted entitlement to SRI benefits—premiums had allegedly been deducted—thus waiving unpaid amortizations. GSIS replied in 2003 that Dominador never underwent required examinations nor paid SRI premiums. In September 2005, GSIS issued a Notice of Cancellation of the DCS and demanded vacancy of the property.

GSIS Board Proceedings

Petitioner filed GSIS Case No. 002-06 in February 2006, seeking consolidation of title and, alternatively, settlement on original purchase price if SRI claim were denied. In March 2012, the GSIS Board dismissed the petition for lack of merit, finding no SRI coverage. A 2014 Resolution denied reconsideration but noted PPG No. 232-13 (Housing Loan Remedial and Restructuring Program) as an available remedy for heirs of deceased borrowers.

Court of Appeals Ruling

In CA-G.R. SP No. 136562, the Court of Appeals (2016) affirmed the GSIS Board: Dominador never complied with SRI prerequisites; no premium receipts or insurance policy were presented. It recognized petitioner’s standing but held that equity cannot override clear statutory and insurance‐law mandates. Reconsideration was denied.

Issues on Review

  1. Whether Dominador’s DCS was covered by a valid SRI, despite failure to undergo GSIS examinations.
  2. Whether SRI became effective automatically upon loan approval under GSIS Resolution No. 206 (1978).
  3. Whether petitioner may nonetheless avail of GSIS’s loan restructuring program.

Supreme Court Ruling – SRI Non-Coverage

– GSIS Resolution No. 206-78 made SRI compulsory only for members who pass GSIS medical examinations; premiums must be paid before coverage (Insurance Code, Sec. 77).
– Dominador did not submit to GSIS exams nor pay premiums. PAF medical examinations serve a different purpose and cannot substitute.
Conclusion: No SRI coverage attached to the DCS.

Supreme Court Ruling – Availability of Restructuring Remedy

– Under Civil Code Art. 781, Dominador’s patrimonial rights transmitted to petitioner.
– GSIS Resolution No. 48 approved PPG No. 232-13 (2013–2014) offering delinquents and heirs condonation, interest discounts, and extended terms to avoid cancellation or foreclosure.
– Despite the formal lapse of PPG No. 232-13’s implementation period, the GSIS Board itself referenced it in 2014. In equity and pursuant to GSIS’s mandate (PD No. 1146), petitioner must be allowed to apply for restructurin




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