Government Service Insurance System (GSIS) President and General Manager Rolando Ledesma Macasaet assured government agencies whose properties were extensively damaged by Super Typhoon Odette that GSIS will expedite the processing of insurance claims.
“I have instructed our Insurance Group to help clear the debris in insured properties of government agencies that sustained Odette-related damages, fast-track processing of insurance claims, and closely coordinate with other government institutions to assess the losses for the subsequent filing of claims,” Macasaet said.
Immediately after the onslaught of ‘Odette,’ the GSIS Insurance Group dispatched third-party adjusters and coordinated with government agencies such as the Civil Aviation Authority of the Philippines (CAAP) to assess the damages in their airports and properties. As of December 21, a total of 16 airports in Antique, Kalibo, Roxas, Bacolod, Caticlan, Iloilo, Mactan, Bantayan, Dumaguete, Tagbilaran, Ubay, Siquijor, Panglao, Tacloban, Siargao, and Surigao were reportedly damaged. Majority of these airports are covered under the comprehensive policy issued by GSIS worth Php17.69 billion.
“We recognize the pressing need for GSIS’s quick response for the post-disaster recovery of our fellow state agencies. The necessary assistance to our insured government offices and airports are underway so that their properties can be restored at the soonest possible so they can continue serving our countrymen,” Macasaet added.
Under Republic Act No. 656 (Property Insurance Law), GSIS is mandated to insure government properties, assets, and interests from calamities.
“This calamity has once again put a spotlight on the importance of insurance as a backup plan. This will help government agencies recover from their losses,” Macasaet said.
For more information, interested parties may visit the GSIS website (www.gsis.gov.ph) or Facebook page (@gsis.ph); email gsiscares@gsis.gov.ph; or call the GSIS Contact Center at 8847-4747 (if in Metro Manila) or 1-800-8-847-4747 (for Globe and TM subscribers) or 1-800-10-847-4747 (for Smart, Sun, and Talk ’N Text subscribers).
