Signing of the Memorandum of Understanding (MOU) on the Incorporation of Agency Hired Overseas Filipino Worker Compulsory Insurance (AHOCI) Sub–Module in the Pre-Employment Orientation Seminars (PEOS) and Pre-Departure Orientation Seminar (PDOS).
The MOU was signed today, 27 January 2017, by OWWA Administrator Hans Leo J. Cacdac, POEA Officer-In-Charge Dominador R. Say and Insurance Commissioner Dennis B. Funa, during the Insurance Commission’s 68th Anniversary Celebration at the Insurance Commission Grounds, UN Avenue, Manila.
This collaboration aims to advance the protection of the rights and welfare of migrant workers thru promoting awareness among OFWs, their beneficiaries, and the general public on the coverages and benefits of the compulsory insurance.
The AHOCI is pursuant to Section 37–A of RA No. 8042, as amended by RA No. 10022, otherwise known as “Migrant Workers and Overseas Filipinos Act of 1995,” states that each migrant worker deployed by a recruitment or manning agency shall be covered by a compulsory insurance policy which shall be secured at no cost to the said worker, which shall remain valid during the duration of the migrant worker’s employment and shall cover (1) accidental death, (2) natural death, (3) permanent total disablement, (4) repatriation cost, (5) subsistence allowance, (6) money claims, (7) compassionate visit, (8) medical evacuation, and (9) medical repatriation.