OFW Insurance: Protecting Our Modern-Day Heroes
At Ancio Insurance Agency, we recognize the invaluable contributions of Overseas Filipino Workers (OFWs) who leave their homes and families to pursue better opportunities abroad. We understand the unique challenges and risks that OFWs face, which is why we offer the OFW Insurance to provide them with the protection they deserve.
The Agency-Hired OFW Compulsory Insurance is mandated by the Philippine government for agency-hired OFWs . It is not mandatory for direct-hired, name-hired, or re-hired OFWs. If interested they can also avail of this insurance. If you are an agency-hired OFW, your agency applies for your insurance coverage in your behalf.
The benefits of the Agency-Hired OFW Compulsory Insurance are as follows:
Type of Benefit | Amount |
a) Accidental Death Benefit; | USD 15,000.00 |
b) Natural Death Benefit; | USD 10,000.00 |
c) Permanent Total Disablement Benefit; | USD 7,500.00 |
d) Repatriation Cost Benefit; | Actual cost |
e) Subsistence Allowance Benefit; | USD 100.00 per month for a maximum of six (6) months |
f) Money Claims Benefit; | Three (3) months for every year of employment contract with a maximum of USD 1,000.00 per month |
g) Compassionate Visit Benefit; | Actual cost |
h) Medical Evacuation Benefit; and | Actual cost |
i) Medical Repatriation Benefit. | Actual cost |
Our dedicated team understands the unique needs of our OFWs and works closely with accredited insurance providers to deliver reliable coverage and service.
Protect those who protect their families and our nation. Contact us today to learn more about the OFW insurance and let us help you secure the protection and peace of mind that every OFW deserves.