auto shield car insurance gsis
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Auto Shield Car InsuranceLeaving the home garage leaves an air of restlessness with the thought of encountering a road accident. The G-Care Auto Shield insurance program prevents this restlessness with its comprehensive insurance coverage that can be yours at 20% less!Private and commercial vehicles owned, leased or loaned by active GSIS members and their immediate relatives can be covered by a comprehensive annual insurance worth P846,000 by paying only a premium of P9,508 - by far the lowest and most affordable vehicle insurance to date.Below is a sample computation: Amount of Insurance Premium rate at 1.6%
Loss/ Own Damage P500,000 P8,000
Comprehensive Third Party Liability (CTPL) 100,000 450
Property Damage 100,000 730
Excess Bodily 100,000 180
Liability to Insured Passenger 40,000 100
Unnamed Driver 6,000 48
Minus discount2,000
Premium to be paid P9,508
Light or heavy trucks, school bus, and even motorcycles or tricycles can be covered by Auto Shield as long as it is owned by an active GSIS member or their immediate relatives - spouses, children, parents, brothers and sisters. Unlike other car insurance that considers the age of the vehicle, Auto Shield insures vehicles as long as they are in good running condition.Coverage of Auto Shield is all-inclusive since it covers the following: loss/own damage of vehicle, comprehensive third party liability, property damage, excess bodily harm, liability to insured passenger and unnamed driver.Just bring the following documents to any GSIS servicing office nearest you to apply for an Auto Shield:1. Duly accomplished Auto Shield Application Form 2. Photocopy of Certificate of Registration (CR) 3. Latest Official Receipt (OR) from LTO 4. Photocopy of previous motor vehicle policy insurance 5. Retiree number for retired employee and pensioner 6. Copy of Bank Financing for Mortgaged Unit 7. Photocopy of Sales Invoice 8. Any documentary proof of relationship with active GSIS memberAnother unique feature of Home Shield is that premium can be paid in full or installment basis in cash or by issuing post-dated checks.With Auto Shield, driving is stress-free! For more information, visit the GSIS office nearest you. You may also type GSISGCARE to 4747Top of Form