Features and Benefits

  • Free life insurance, up to PHP 1 million
    Your insurance benefit is 200% of your ADB for the past 6 months. Just maintain an initial deposit or a 6-month ADB of at least PHP 10,000 to qualify for the free life insurance.
  • Wide coverage
    Once you qualify, your free life insurance covers death due to illness, accidents, and natural causes.

Eligibility requirements 

To be eligible for the Telemoney FREE life insurance coverage, the Members must meet all of the following requirements:

  1. Filipinos and permanent residents of the Philippines;
  2. 18 to below 66 years old at the time they opened the RCBC Telemoney;
  3. Actively-At-Work or Performing Normal Daily Activities;
  4. With initial deposit of at least Ten Thousand Pesos (PHP 10,000);
  5. Must continuously sustain PHP 10,000;
  6. Must not close his account during the six (6)-month coverage; and
  7. Natural persons
  8. Must have selected free insurance add-on and agreed to Health Declaration via digital onboarding through Pulz or RCBC Online or directly signed up through emailing partnerandbizsupport@rcbc.com

Frequently Asked Questions

Eligibility

Who is eligible to avail of the free insurance?
Is there any application form I need to accomplish to qualify for the insurance?
I opened a Telemoney account with a PHP 10,000 but withdrew all of it after a month. Will I still be eligible for the free insurance?
I am a foreigner, am I qualified?
I am an OFW residing in another country, am I qualified?
I am 66 years old, am I qualified?
My job or work is related to very dangerous activities. Am I qualified?
Once I opt-in to the free insurance email, what is the next step?
Are there any other fees? Do I have to pay anything?

 

Insurance coverage

I closed my Telemoney Savings Account. Will my free insurance still cover me?
How much is my free insurance coverage?
What benefit does this program provide?
Which company is providing the free insurance?
What if I fall below ADB requirements? Will I get automatically terminated from the program?

 

Filing claims

Who will be the beneficiaries of my insurance benefit?
How can the beneficiaries claim the benefit of the insured?