SEP provides financial protection for death or accidental injuries of the student sustained anywhere in the world, 24 hours a day for one year! And many more protection features!!!
An accident protection that provides Security and Peace of Mind not only to Parents but also to School Owners!
Also offers COMPLEMENTARY COVER for all teachers and permanent non-teaching personnel with at least 1,000 covered students!
Plan |
AD & D
or Murder
& Assault |
Double Death Benefit |
Medical Exp. Reimburse-
ment |
Cash Allowance
Per day |
Burial
Benefit |
Cash
Assist-
ance |
Third Party
Liability |
I |
P 20,000 |
P 40,000 |
P 2,000 |
P 75 |
P 5,000 |
P 1,000 |
P 50,000 |
II |
25,000 |
50,000 |
2,500 |
100 |
5,000 |
1,250 |
50,000 |
| III |
30,000 |
60,000 |
3,000 |
100 |
5,000 |
1,500 |
50,000 |
IV |
35,000 |
70,000 |
3,500 |
125 |
5,000 |
1,750 |
50,000 |
| V |
40,000 |
80,000 |
4,000 |
125 |
5,000 |
2,000 |
50,000 |
| VI |
45,000 |
90,000 |
4,500 |
150 |
5,000 |
2,250 |
50,000 |
| VII |
50,000 |
100,000 |
5,000 |
150 |
5,000 |
3,000 |
50,000 |
Protection Features
- Accidental Death pays the insured's beneficiary the principal amount covered for death occurring within one year from the date of accident.
- Permanent Total Disablement pays the insured the principal amount covered:
- For the loss of two or more limbs or both eyes.
- For permanent total disablement from gainful employment of any kind, other than dismemberment, provided such disability has continued for a period of 52 weeks and is total, continuous or permanent at the end of this period.
- Permanent Partial Disablement pays the insured a percentage of the principal amount covered for permanent loss of use of body parts, according to the following schedule:
- Loss of 1 limb or 1 eye 70%
- Loss of hearing
- both ears 75%
- one ear 35%
- Loss of speech 50%
- Loss of thumb 30%
- Loss of index finger 15%
- Loss of middle finger 10%
- Loss of ring or little finger 5%
- Loss of big toe 10%
- Loss of each other toe 2%
- Double Death Benefit in the event of a fatal accident within school premises.
- Accidental Medical Expense reimburses the actual cost, up to the amount selected for medical or surgical treatment, including trained nurses and hospitalization, incurred within 52 weeks from the date of accident and resulting from injuries sustained.
- Burial Benefit in case of fatal accident or murder & assault pays for all actual funeral expenses incurred up to Php5,000.
- Cash Assistance provides cash assistance equivalent to the amount selected in case of death not as a result of an accident or murder & assault.
- Cash Allowance per day of confinement pays the selected amount, up to maximum of 25 days, to defray for incidental expenses while the insured person was hospitalized due to accident.
- Third Party Liability . The school shall be covered for any bodily injury/property damage to third party up to Php50,000.
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