Ocho Derecho

Ocho Derecho is the latest product innovations especially designed for the Dep-Ed market that boasts of EIGHT (8) unique features unparalleled in the industry. This is a combined product offering from Fortune CARE and Fortune Life. Benefits are the following:

1. Whole Life Insurance Coverage payable in just EIGHT (8) years
2.
Availability of Cash Values and Policy Loans throughout the life insurance  coverage
3.
Comprehensive Healthcare Coverage up to the Annual Benefit Limit of P50,000*
4.
Ward room accommodation not exceeding P500 per day at any accredited hospitals 
    nationwide
5.
Annual Physical Examination or APE
6.
Outpatient Consultations and Laboratory Procedures
7.
In-patient/Hospitalization and Emergency Care
8.
Financial assistance in case of complications due to pregnancy


And all of these are guaranteed at fixed monthly premium for eight (8) years without price adjustment!!! Derecho!

Eligibility Requirements:

- Any teacher who is a bona fide member of the Department of Education and actively at work from the effective date and during the premium-paying period of the plan.

- Members must be 18 years old up to 59 years old, as of last birthday


- Eligibility Requirements for Immediate Family Members (should be Philhealth Members, otherwise, members will shoulder Philhealth portion during availments):

1. If Payor is MARRIED, Dependents are:

First Priority - LEGAL SPOUSE from 18 years old up to 59 years old, as of last birthday

Second Priority - eldest to youngest CHILD, 6 months to below 21 years old, single and unemployed

2. If Payor is SINGLE, Dependents are:

First Priority - MOTHER up to 59 years old, as of last birthday

Second Priority - FATHER up to 59 years old, as of last birthday

3. If Payor is SINGLE PARENT, Dependents are:

Eldest to youngest CHILD, 6 months to below 21 years old, as of last birthday, single and unemployed

*Dental Benefit is excluded from the program.