SMC actualizes P2-M life insurance for each 5,000 Cebu medical frontliners

San Miguel Corporation (SMC) has completed providing life insurance coverage to about 5,000 medical frontliners from 18 hospitals across Cebu, who are now insured for P2 million each.

“We started this initiative several months ago, at the height of Covid-19 cases in Cebu, when our medical frontliners there were really having a hard time. Many of them were also testing positive for the coronavirus. We wanted to do something to help protect them, and to show our solidarity and support for them,” SMC President and COO Ramon Ang said in a statement.

With the insurance packages, obtained through Cocolife, Ang said that medical frontliners in Cebu can now have added security as they save lives and fight the virus.

Under the program, SMC pays for all the premiums for the insurance of medical frontliners. Thus far, SMC’s P2 million coverage-each insurance package has benefited frontliners in Perpetual Soccour Hospital (459), Cebu Doctors University Hospital (254), Southwestern University Medical Center (36), St. Vincent General Shopital (99), Mendero Medical Center (77), Visayas Community Medical Center (62), Adventist Hospital Cebu (189), Chong Hua Hospital (1,303), Cebu South General Hospital (125), Cebu Velez General Hospital (143), Cebu City Medical Center (12), Vicente Sotto Memorial Medical Center (65), Talisay District Hospital (30), Arc Hospital (44), Cebu North (91), Mactan Doctors’ Hospital (155), Allegiant Regional Care (305) and University of Cebu Medical Center (278).

Some 61 infectious disease specialists and pulmonologists and hundreds of other medical workers were also provided the same insurance coverage.

SMC has been at the forefront of private sector efforts to mitigate the impacts of Covid-19 with its P500-million medical response package for public and private hospitals nationwide. It has likewise waived toll fees at all its operating expressways and provided free fuel for government’s free shuttle service program for medical workers.

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