Lockton Kaagapay Program
A bundled microinsurance package with 8 benefits for only ₱ 120 per year covering life, hospitalization and property. This is open to all active Pag-IBIG fund members.
EASY
AFFORDABLE
RELIABLE
PRODUCT BENEFITS
Get 8 Benefits
A unit of the Lockton Kaagapay Program provides one year of insurance coverage, including the following eight benefits.
Accidental Death Benefit
Accidental Disablement/Dismemberment
Ambulance Benefit
Fire/Lightning Cash Assistance
Hospital Cash Assistance
Motorcycling
Natural Death Benefit
Unprovoked Murder & Assault
Group Policy for Employees
The Lockton Kaagapay Program is available for overage of employees and organizations as an additional coverage. Schedule a meeting with us to learn more.
FREQUENTLY ASKED QUESTIONS
Who are eligible to get the Lockton Kaagapay Program?
All active Pag-IBIG member can avail the Lockton Kaagapay Program. Active members are those who have at least one (1) month contribution.
Can an OFW get the Lockton Kaagapay Program?
As long as you are an active PAG-IBIG member and currently residing in the Philippines, you are eligible to get the Lockton Kaagapay Insurance.
What are the steps to buy the Lockton Kaagapay Program?
a. Visit www.kaagapayprogram.com
b. Click “Buy Now” button
c. Fill out the Application Form
d. Select your payment option (Online or Over-the-counter)
e. Receive your policy via e-mail you provided in the application form
What is the claims process of the Lockton Kaagapay Program
a. Notification – policy holder notifies claim incident via e-mail, or Facebook messenger (kaagapayprogram@golockton.com)
b. Submission – policy holder submits claims documents provided by Lockton or Paramount Insurance
c. Approval – policy holder receives outcome of claims assessment by Paramount Insurance
d. Settlement of Claim – policy holder receives claims settlement
How long is the claims process from notification to settlement?
The actual processing of a claim takes 7 working days upon submission of complete claim documents from the policy holder.
What are the claims documents that a policy holder needs to submit?
For Death and Dismemberment/Disablement Claims:
• Government issued ID – one valid for the deceased and one valid ID for the beneficiary
• Police report and/or Accident report
• Death Certificate – NSO/PSA copy/issued
• Birth Certificate – NSO/PSA copy/issued of the Insured and the Beneficiary/ies
• Marriage Certificate (if married)
• Hospitalization Records (if confined prior to death)
• If death was due to Unprovoked Murder or Assault: post mortem examination and/or medico-legal report (if cause of death cannot be determined or upon the request of the insurer)
• Other requirements that may be requested from the claimant if deemed necessary
For Hospital Cash Assistance
• Medical Abstract
• Medical Certificate
• Certified True Copy of Hospital’s statement of account
For Fire Insurance Claims
• Pictures of burnt property
• Barangay Certification or Fire loss or incident indicating the Insured’s details
• Bureau
What does ‘one incident per unit’ mean for Hospital Cash Assistance and Ambulance Cash Assistance
You get coverage for hospital confinement (Hospital Cash Assistance) and ambulance cash assistance based on the number of units you bought. For example, you bought 3 units of Kaagapay Program, then you can get cash assistance (hospital and ambulance) 3 different times within your policy period.
What is the maximum cash assistance a person can get if they get hospitalized?
The maximum cash assistance is 1,000 pesos per unit regardless of the number of days of confinement. If you bought more than 1 unit, then you are entitled to hospitalization cash assistance equivalent to the number of units bought. For example, you bought 3 units, then you’re eligible to get 3 separate cash assistance of 1,000 for every hospital confinement (accident or sickness).