ACCIDENT AND DISMEMBERMENT SECURITY SCHEME

The Philippine Crop Insurance Corporation (PCIC) provides Accident and Dismemberment Security Scheme (ADS2) to agricultural producers, fisherfolk and other agricultural stakeholders. ADS2 is an insurance protection that covers death or dismemberment of the insured due to accident.

         I.ELIGIBILITY

Agricultural producers/farmers and fisherfolk, preferably with existing agricultural and/or crop insurance coverage with PCIC, including their family members up to the 4th degree of consanguinity or affinity, and farm workers, hired or otherwise, and likewise other agricultural stakeholders who are from ages 15 to 80 years old for Individual and Group Plan, and 12 to 80 years old for Family Plan, and in general healthy condition are eligible for coverage.

         II.PERIOD OF INSURANCE COVERAGE

  • Duration – One year period
  • Commencement – Upon full payment of insurance premium and on the date indicated in the Certificate of Insurance Cover (COC)
  • Termination – On the expiry date indicated in the (COC)

 III. COVERED RISKS

  • Death of the insured due to accident
  • Dismemberment/loss of the following parts of the body of the insured due to accident:
    1. Both hands or both feet or sight of both eyes;
    2. Either hand or foot or sight of one eye;
    3. One hand and one foot;
    4. Either hand or foot; and
    5. Sight of one eye.

Note: Loss of hand or foot means complete severance at or above the wrist or ankle joint respectively, while loss of sight means irrecoverable loss of sight.

          IV. PRINCIPAL SUM AND ANNUAL SUM

TYPE OF PLAN PRINCIPAL SUM(PHP) ANNUAL
PREMIUM
RATE (%)
SUM INSURED PER
POLICY/MEMBER
MINIMUM MAXIMUM
TOTAL
AGGREGATE
AMOUNT
PER INSURED
INDIVIDUAL
INDIVIDUAL 15000 100000 0.1 TO 0.5
GROUP
PROVIDED THAT THE
AGGREGATE SUM
INSURRED IN ALL POLICIES
SHALL NOT EXCEED
PHP 100000
15000 100000 0.1 TO 0.5
FAMILY
PRIMARY
SECONDARY
TERTIARY
50000
25000
10000/
CHILD(MAX.
OF THREE
CHILDREN)
105000
50000
25000
10000/CHILD(MAX. OF THE THREE
CHILDREN
0.357

 

    Notes:

  1. Premiums are inclusive of taxes.
  1. Two (2) or more policies may be availed of at any given time per insured individual or group provided that the aggregate Sum Insured in all policies shall not exceed P100,000, each to be honored separately in case of claims.
  1. For Group Plan – minimum 15 members per group
  1. For Family Plan – maximum 5 members per family

          V.Premium Discounts for Group PLAN

Group Composition Discount as % of Total Sum
Insured (TSI)
15 to 25 5%
26 to 40 10%
More than 40 15%

 

  1. EXCLUDED RISKS

Death or dismemberment caused by any of the following:

  • War, invasion, act of foreign enemy, hostilities or warlike operations, mutiny, terrorism, riot, civil commotion, strike, civil war, rebellion, revolution and insurrection, and atomic fission or radioactive contamination;
  • Intentionally self-inflicted injuries, suicide or any attempt thereat, while sane or insane;
  • Vehicular accidents while driving under the influence of liquor or prohibited  drugs;
  • Rendering military and paramilitary services;
  • Engagement in hazardous sports or occupation;
  • Illegal acts of the insured;
  • Engagement in aviation other than as a passenger in a commercial flight;
  • Abortion, except when pursued as a medical intervention;
  • Incidents occurring before the effectivity and after the expiry of the insurance coverage as indicated in the Certificate of Cover; and
  • Murder or assault.

 VI.BENEFITS AND LIMITS OF LIABILITY

In case of death or dismemberment of the insured, PCIC pays the principal sum of the insurance coverage as stipulated in the COC, subject to the following limits:

 

DESCRIPTION MAXIMUM BENEFITS
LOSS OF LIFE 100%
LOSS OF BOTH HANDS OR BOTH
FEET OR SIGHT OF BOTH EYES
100%
LOSS OF EITHER HAND OR FOOT
AND SIGHT OF ONE EYE
100%
LOSS OF ONE HAND AND ONE FOOT 50%
LOSS OF SIGHT O F ONE EYE 50%
OTHER BENEFITS:
1. MEDICAL REIMBURSEMENT – ACTUAL COT OF MEDICAL EXPENSES, NET OF PHIL HEALTH AND OTHER HEALTH INSURANCE BENEFITS BUT NOT TO EXCEED 10% OF TSI
2. BURIAL BENEFIT – P2000 PER INSURED, REGARDLESS OF TSI.

Note:

Death of disbursement due to accident that occurs even after the expiry of the policy but within 180 dys after the occurrence of the said accident, whether compensated or nt, still compensable provided that the accident occurred while the policy is enforced, and provided futher that the total benefits will not exceed 100% principal sum.

          VII. BENEFICIARY

Payment of claim shall be made to the insured or, in the event of his/her death, to the primary beneficiary  indicated in the COC. If the primary beneficiary is rendered ineligible, the secondary beneficiary shall be the recipient. If the beneficiary is a minor, the appointed trustee is the payee.

           VIII. APPLICATION FOR INSURANCE

  • Where to file – PCIC Regional Office, PCIC IU and Accredited Underwriting Agent.
  • When to file – Any date & preferably while applicant has an existing crop or agricultural insurance coverage.
  • Documents Required – Filled-out Application and

Health  Statement Form.

            IX.NOTICE OF CLAIM

In the event of death or dismemberment of the insured, the immediate member of his family, beneficiary, representative or the insured himself, as the case maybe, shall file a notice of claim (NC) in writing to the PCIC Regional Office not later than forty five (45) calendar days from the time of death or dismemberment of the insured.

The Notice of Claim shall at least contain the following information:

  1. Name and address of the insured;
  2. COC Number;
  3. Cause of injury/death; and
  4. Date of accident and/or death.

X.SUBMISSION OF CLAIM DOCUMENTS

Within ninety (90) calendar days from the death or dismemberment of the insured, the following claim documents should be submitted:

a.Death or Medical Certificate, as the case maybe, duly signed by the attending physician;

b. Birth Certificate (in case of death);

c. Proof as the nearest kin /legal heir, if the named beneficiary died earlier than the insured and no earlier endorsement for replacement of beneficiary has been executed by              the insured;

d. Police report;

e.  In case of medical reimbursement claim:

e.1 Hospital bill

e.2 Official receipt issued by the hospital

f. Other documents as may be required by the PCIC.

A claim shall be settled not later than thirty (30) calendar days from the submission of complete claim documents to the PCIC Regional Office(RO)/ Provincial Extension Office(PEO) or its underwriting agent.

           XI. MISCELLANEOUS PROVISIONS

Subject Particulars
Disappearance Disapperance per se of the insured is not compensable. However, if death of the insured alleged to have disappeared is proven or established later to have occurred during the term of cover, the claim maybe given due course.
Voidance & Cancellation Clause The Policy shall be voided and cancelled by the PCIC upon occurrence of any of the following during the effectivity of the policy and after notice thereof of the insured/lending institution /cooperative:
a) Conviction of a crime thus increasing the hazard insured againts;
b) Discovery of fraud or material misrepresentation ; and
c) Discovery of willful, reckless acts of omissions that increase the hazard insured againts.
In case of cancellation, the insured is not entitled to any premium refund for the unexpired term.
Civil Code 1250
waiver Clause
It is hereby declared and agreed that the provision of article 1250 of the civil code of the Philippines (Republic Act No. 386) which read:”In case an extraordinary inflation or deflation of the currency stipulated should supervene the value of the currency at the time of the establishment of the obligation shall be the basis of payment shall not apply in determining the extent of liability under the provisions of this policy.

 

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Accident and Dismemberment Security Scheme