Download
compulsory insurance coverage n.
Skip this Video
Loading SlideShow in 5 Seconds..
COMPULSORY INSURANCE COVERAGE PowerPoint Presentation
Download Presentation
COMPULSORY INSURANCE COVERAGE

COMPULSORY INSURANCE COVERAGE

171 Vues Download Presentation
Télécharger la présentation

COMPULSORY INSURANCE COVERAGE

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. COMPULSORY INSURANCE COVERAGE Will R.A. 10022 make hiring of Filipino crew more expensive?

  2. A. ACCIDENTAL DEATH presently covered by POEA SEC/CBA B. NATURAL DEATH presently covered by some CBAs C. TOTAL PERMANENT DISABLEMENT presently covered by POEA SEC/CBA NOTE:A, B. and C covered by “no contest, no fault” clause.

  3. D. REPATRIATION cost for unjust dismissal covers land-based workers only E. SUBSISTENCE ALLOWANCE covers land-based workers only F. MONEY CLAIMS not covered G. COMPASSIONATE VISIT presently covered by CBA

  4. H. MEDICAL EVACUATIONpresently covered by POEA SEC/CBA I. MEDICAL REPATRIATION presently covered by POEA SEC/CBA

  5. IRR Sec. 7. Documentary Requirements for Accidental or Natural Death or  Disablement Claims

  6. Any claim arising from accidental death, natural death or permanent total disablement under Section 2 (a), (b) and (c) shall be paid by the insurance company without any contest and without the necessity of proving fault or negligence of any kind on the part of the insured migrant worker: Provided the following documents, duly authenticated by the Philippine foreign posts, shall be sufficient evidence to substantiate the claim:

  7. 1. Death Certificate – in case of natural or accidental death; 2. Police Report or Accident Report – in case of accidental death; and 3. Medical Certificate – in case of permanent disablement.

  8. In the case of a seafarer, the amounts provided in Section 2 (a), (b), or (c), as the case may be, shall, within ten (10) days from submission of the above-stated documents, be paid by the foreign insurance company through its Philippine representative to the seafarer/beneficiary without any contest and without any necessity of proving fault or negligence on the part of the seafarer.

  9. Such amount received by the seafarer/beneficiary shall form part of and be deducted from whatever benefits the seafarer/beneficiary may be entitled to under the provisions of the POEA-Standard Employment Contract or collective bargaining agreement (CBA).

  10. Any claim in excess of the amount paid pursuant to the no contest, no fault or negligence provision of this Section shall be determined in accordance with the POEA-SEC or CBA.

  11. Sec. 5. Requirement for Issuance of Overseas Employment Certificate • Certificate of insurance cover

  12. xxx In the case of seafarers who are insured under policies issued by foreign insurance companies, the POEA shall accept certificates or other proofs of cover from recruitment/manning agencies: Provided, That the minimum coverage under sub-paragraphs (a) to (i) are included therein. For this purpose, foreign insurance companies shall include entities providing indemnity cover to the vessel.

  13. Assumed optimistic timeline in the implementation of Compulsory Insurance Coverage

  14. Assumed optimistic timeline in the implementation of Compulsory Insurance Coverage 30 June IRR signed by the parties

  15. Assumed optimistic timeline in the implementation of Compulsory Insurance Coverage 10 July 30 June IRR published in major broadsheet IRR signed by the parties

  16. Assumed optimistic timeline in the implementation of Compulsory Insurance Coverage 25 July 30 June 10 July IRR takes effect 15 days after publication IRR published IRR signed by the parties

  17. Assumed optimistic timeline in the implementation of Compulsory Insurance Coverage 30 July 30 June 10 July 25 July Insurance Commission (IC) convenes inter-agency committee to formulate IRR on Compulsory Insurance Coverage* IRR takes effect NOTE: IC convenes committee within 5 days from effectivity of IRR, as per RULE XVI Sec. 15, IRR IRR published IRR signed by the parties

  18. Assumed optimistic timeline in the implementation of Compulsory Insurance Coverage } 30 July 30 Aug 30 June 10 July 25 July Period to work on IRR on Compulsory Insurance Coverage IC convenes inter-agency committee IRR takes effect IRR published IRR signed by the parties

  19. Assumed optimistic timeline in the implementation of Compulsory Insurance Coverage 04 Sept 30 June 10 July 25 July 30 July 30 Aug IRR on Compulsory Insurance Coverage signed by parties Period to work on IRR IC convenes inter-agency committee IRR takes effect IRR published IRR signed by the parties

  20. Assumed optimistic timeline in the implementation of Compulsory Insurance Coverage 14 Sept 30 June 10 July 25 July 30 July 30 Aug 04 Sept IRR published in major broadsheet IRR signed by parties Period to work on IRR IC convenes inter-agency committee IRR takes effect IRR published IRR signed by the parties

  21. Assumed optimistic timeline in the implementation of Compulsory Insurance Coverage 29 Sept 30 June 10 July 25 July 30 July 30 Aug 04 Sept 14 Sept IRR on Compulsory Insurance Coverage takes effect 15 days after publication IRR published IRR signed by parties Period to work on IRR IC convenes inter-agency committee IRR takes effect IRR published IRR signed by the parties