Fire Insurance Cash Assistance (FICA)

Provides fire insurance cash assistance for residential or commercial coverage, together with an accidental death benefit, subject to the product terms.

Coverage

Type of Coverage Residential Commercial
Fire Insurance Cash Assistance on building and/or contents or improvements at the indicated address PHP 10,000.00 PHP 10,000.00
Accidental Death Benefit PHP 10,000.00 PHP 10,000.00
Annual Premium PHP 120.00 PHP 165.00

Eligibility

      • Age: 18 to 65 years old.

Standard Provision

      • Up to three (3) units, or a maximum of PHP 30,000.00 coverage, per household.

Basic Claim Requirements

      • Certification from the Cooperative.
      • Original copy of Barangay certification.
      • Clear pictures.
      • Original copy of certification from the Bureau of Fire Marshall.
      • Duly notarized affidavit from the fire victim/owner or renter.
      • List of damage.
      • Estimated cost of damage.
      • CLIMBS Nonlife Policy Number.
      • Proof of payment.
      • Cooperative application form or loan application.