GSIS Enhanced Life Policy Approval 2003

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GSIS NO. 173: GSIS Enhanced Life Policy Approval 2003

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Title Supreme Court: GSIS Enhanced Life Policy Approval 2003

Law: Gsis No. 173

Decision Date: Jul 23, 2003

The GSIS Board approved the Enhanced Life Policy (ELP) on July 23, 2003, establishing a new compulsory life insurance program for regular members to replace the old Life Endowment Policy, effective August 1, 2003, along with a directive for a comprehensive information campaign.

compulsory insurance

A

Memorandum from Senior Vice President (Corporate Services Group)

A memorandum dated July 17, 2003, complied with Board Resolution No. 163, was submitted to the Board.
It included a comparative table of the existing policy versus the proposed enhanced policy.
It detailed the benefits of the ELP from both the System's and clients' perspectives.

Directive for Information Campaign

The Senior Vice President (Corporate Services Group), in coordination with the Vice President (Public Affairs), was directed to conduct a massive information campaign.
The purpose of the campaign is to educate regular GSIS members about the ELP.

Integration and Documentation

The ELP guidelines were attached and made an integral part of the Board Resolution by reference.
The official text of this policy is available at the Office of the National Administrative Register, U.P. Law Complex, Diliman, Quezon City.

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