Mortuary System

Mortuary System

1. Mutual Aid

BMPC provides a mortuary aid to the beavered family of a regular member in the amount of Six Thousand Pesos
(Php 6, 000.00), provided he or she has atleast Two Thousand Five Hundred Pesos (Php 2,500.00) Share Capital.

 

2. Legitimate Mortuary System (LEMOS)

A death aid benefit of up to Fifteen Thousand Pesos for those who register and paid a registration fee of Two Hundred Fifty Pesos (Php 250.00). Beneficiaries can claim the death aid benefits depending on the tenure of LEMOS membership upon the member’s death amounting to wit:

Benefits:
Below 1 Year Php 6, 500.00
Above 1 Year – 3 Years Php 7, 500.00
Above 3 Years – 5 Years Php 10, 000.00
Above 5 Years Php 15, 000.00

 

3. COOP Life Savings Program (COLISAP)

Open to all associate and regular members of not more than 59 ½ years old. The participant must have a savings deposit maintaining balance of not less than Php 500.00 for Colisap 40K and Php 2,000.00 for Colisap 60K. In case of death of the program participant, the beneficiary shall receive Php 40, 000.00 for Colisap 40K and Php 60, 000.00 for Colisap 60K which shall contributed by all program participants.

Visitor Counter

127613