Basic Life Insurance Plan (BLIP) – a family life insurance product designed to protect the members and their legal dependents against loss of life. The maximum coverage is Php60,000.00 for accidental death or Php30,000.00 for natural death. The minimum coverage is Php10,000.00 for accidental death or Php2,500.00 for natural death. Premium Contribution is as low as P80.00 monthly or P20.00 weekly.