I understand and confirm the following information about my Creditor Protection Insurance (“Insurance”):
1. I received Confirmation of Cover of Insurance No. 3802847906 issued by SUN LIFE GREPA FINANCIAL, INC. (“Sun Life
Grepa”) thru HC Consumer Finance Philippines, Inc. (“Home Credit”). This Insurance covers death of any cause and
hospitalization, subject to the terms and conditions of the Group Master Policy.
2. I understand that monthly installments for my loan, including the insurance fee, must always be paid on time to avoid
possible cancellation of my insurance coverage.
3. My beneficiary melchor balcac will receive the benefits of this insurance.
4. I can cancel my insurance anytime within the loan term and premiums paid before cancellation are non-refundable.
Cancellation of insurance will exclude premium payments on my next loan payments. Should I call HC within 3 days before
my due date, cancellation will take effect on the next due date after the upcoming due.
CONFIRMATION OF COVER
This confirms that the Insured Loan Borrower, whose name appears below, is covered under SUN LIFE GREPA FINANCIAL INC.'s
(SLGFI) Yearly Renewable Term, Non-Participating Creditor Group Life (CGL) with Creditor Group Hospitalization (CGH) Benefit, Policy
No. 2018010-01 issued to HC Consumer Finance Philippines, Inc. & HCPH Financing 1, Inc. (hereafter referred to as the “Policyholder”).
The insurance cover is subject to the terms, provisions and limitations of the said policy. Upon receipt and approval of due proof/s of claim,
SLGFI shall pay to the Policyholder, the applicable Amount of Insurance of the Insured Loan Borrower. The excess, if any, of the Insured's
Amount of Insurance over his Outstanding Indebtedness shall be payable to the designated beneficiaries.
IMPORTANT NOTICE
The Insurance Commission, with offices in Manila, Cebu and Davao, is the government office in charge of the enforcement of all laws related to insurance
and has supervision over insurance companies. It is ready at all times to assist the general public in matters pertaining to insurance. For any inquiries or
complaints, please contact the Public Assistance and Mediation Division (PAMD) of the Insurance Commission at 1071 United Nations Avenue, Manila with
telephone numbers +632-5238461 to 70 and email address publicassistance@insurance.gov.ph. The official website of the Insurance Commission is
www.insurance.gov.ph.
The Insured Loan Borrower shall have the right to examine the Group Life Policy contract, a copy of which is held by the Policyholder, during regular office
hours, upon presentation of due proof of coverage.
Issued by Sun Life Grepa Financial, Inc., a joint venture of Sun Life Financial and the Yuchengco Group of Companies
221 Sen. Gil J. Puyat Ave. Makati City
TIN 000-460-716