
LOANS
A member has five types of loan choices specified below :
Type of Loans | Loan Amount | Interest Rate per Annum | Terms |
---|---|---|---|
Regular | ₱5,000-₱400,000 | 8% | 6 Months – 5 Years |
Emergency | ₱300,000 | 8% | 6 Months – 5 Years |
Calamity | ₱100,000 | 5% | 6 Months – 2 Years |
Equity | 80 % of Equity | 6% | 6 Months – 2 Years |
Educational | ₱100,000 | 7% | 2 Years |

INSURANCE
- PLAN 70 (Basic) – GYRT (Group Year Renewable Term Insurance) – A Member has Life Insurance Coverage and Equity plus Interest
- SGTI – Insurance coverage of ₱18,000.00.
- Financial Assistance – ₱5,000.00 for deceased member.

MEMORIAL BENEFIT ASSISTANCE
Memorial assistance coverage up to ₱65,000.00.

EHCBA | Emergency and Hospitalization Cash Benefit Assistance
Financial assistance to members who are confined for at least 24 hours and are evaluated by a BJMP doctor.

AHCPA | Annual Healthcare Package Assistance
Annual Healthcare Package Assistance and/or reimbursement (if applicable) for all Active and Retired BJMP Personnel and other BJMPMBAI members

Calamity and Relief Assistance
Financial assistance of ₱5,000.00 to members who are victims of calamity

Old Age Gratuity Benefit
Upon reaching the age of 60 years old, members with a minimum membership of 5 years will receive a cash gift on their birthdate.

Special Death Claim Benefits
If a member reaches at age 71 and above, non – insurable and did not terminate his/her membership, upon death of the member they will received death claim assistance of ₱250,000.00.

Educational Plan
Educational Plan for the qualified beneficiaries of deceased member and other qualified recipient.