With the quarantine in place, Macasaet said that GSIS members could apply for the loan online so that they would no longer go to the offices.“The second option, is we have these machines, over 1,200 nationwide, they look like ATM machines, we call them GWAPS,” Macasaet said.
“All the teachers and government employees know where these are. And all they have to do is go there and they can apply online. And all the requirements and all the necessary documents can also be done online and within about three to four working days, the P20,000 will be credited to their respective accounts with Land Bank of the Philippines or with the Unionbank,” he added.
Likewise, Macasaet said that the GSIS has also increased the life insurance of medical frontliners by an additional P500,000. “For instance, a nurse who earns P20,000 or P30,000 a month, if nothing happens to that forntliner, the insurance policy would only pay about P500,000. What GSIS is doing right now is we are adding an additional P500,000,” Macasaet said.
This will be in addition to the P1 million grant provided by President Rodrigo Duterte to deceased frontliners.For more news about the novel coronavirus click