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500 govt employees re-enroll with AIC
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Posted on May 26 2004
About 500 government active employees, dependents, and retirees re-enrolled Monday with Individual Assurance Company for their life insurance coverage under the NMI Retirement Fund’s Group Health and Life Insurance program.
“This is just the first day of a five-day re-enrolment and people are coming. We’re happy,” said AIC resident general manager Donald C. Barcinas.
AIC personnel began the enlistment Monday at the Joeten-Kiyu Public Library conference room.
Earlier, GHLI Trust Fund manager Dolores Moore said that due to a new contract signed between the Fund and AIC, which becomes effective on June 1, all members must re-enroll to be covered under the new plan.
“Please make time to attend this important session and re-enroll to continue or to waive your GHLI coverage,” said Moore.
Barcinas said the orientation and re-enrolment session is held from 8am to 5pm everyday up to Friday.
AIC has been serving GHLI members for three years now. Its newly signed contract is good for one year, according to Barcinas.
Under the life insurance program, members pay 50 percent of the premium, and the government pays the remaining 50 percent.
AIC members pay as low as $4.25 per pay.
“It depends on the income. If you have bigger income then you have bigger premium, bigger coverage,” said Barcinas.
