Premium Payment and Government Contribution
- Insurance premiums shared equally between the AFP member and the Government; each pays 50% of the total premium.
- Premium rates and terms are subject to agreement between the Government Service Insurance System (GSIS) or other insurance firms and the AFP Chief of Staff.
- Final approval of terms and premium rates rests with the Secretary of National Defense.
Funding and Appropriations
- Government's counterpart share of insurance premiums appropriated from the National Treasury funds not otherwise allocated.
- Subsequent government contributions to be included in the AFP's annual appropriations.
Legal Authority and Effectivity
- Proclaimed under the authority of the President as Commander-in-Chief of the AFP, pursuant to Constitutional powers and specific proclamations and orders related to Martial Law.
- Enacted to provide financial protection and promote efficiency among AFP members exposed to dangerous duties.
- Law takes effect immediately upon signing.
Key Legal Concepts
- Special Group Term Insurance: A distinct insurance program supplementing existing compulsory insurance, designed for AFP personnel with increased risk.
- Cost-sharing mechanism between State and insured members to balance financial responsibility.
- Government funding as a legislative priority to support military personnel welfare.
- Executive power utilized to address urgent social and security concerns under Martial Law conditions.