OFW Insurance for OWWA Members
Secure the mandatory protection you need before working overseas, with exclusive OWWA member rates from Paramount.
DMW-Compliant Coverage
OWWA Member Benefit
Fast Online Application
Exclusive for OWWA Members: Get 10% Off.
Premium now starts at just USD31.32/year.
Why Do OFWs Need Insurance?
Republic Act 10022 (an amendment to RA 8042) established the need for Overseas Filipino Workers (OFWs) to have insurance protection covering the risks that go along with working in another country.
Death Benefits: Compensation for death due to natural causes or accidents.
Repatriation Services: Arranged return of the OFW home in the event of death or other qualifying situations.
Medical Evacuation: Emergency transport and medical care.
Compassionate Visit: Travel support for a family member in the event of your prolonged hospitalization.
Employment Support: Assistance in the event of unjust employment termination or litigation.
WHAT IS OFW INSURANCE?
OFW Insurance is a special type of insurance created specifically for Overseas Filipino Workers (OFWs) who are employed abroad. It is a financial protection plan that provides benefits if something unexpected happens to an OFW while working in another country.
Regulated under the Department of Migrant Workers, it aims to provide financial assistance and support to OFWs and their beneficiaries in cases of emergency, accident, illness, disability, or death during their employment overseas.
This insurance serves as a safety net for both the worker and their family.
Coverage & Benefits
The OFW Insurance policy is ideal to be coterminous with the OFW’s employment contract to ensure that the protection is in effect all throughout.
Natural Death Benefit
A benefit amounting to $10,000 paid out to the designated beneficiaries of the OFW in case of death due to a natural cause.
Accidental Death Benefit
A benefit amounting to $20,000 paid out to the designated beneficiaries of the OFW in case of death due to an accident.
Medical Repatriation
A benefit that will return the OFW home when medically necessary given the appropriate clearance to travel by the attending physician.
Medical Evacuation
A benefit that provides the necessary transportation to an adequate medical facility as determined by Paramount’s physician and consulting physician.
Repatriation Benefit
A benefit that covers the expenses of bringing the OFW back home to the Philippines, alive or otherwise, including personal belongings.
Money Claims Benefit
A benefit equivalent to at least three (3) months of every year of the terminated employment contract that is decided upon by the NLRC as illegal termination.
Compassionate Benefit
A benefit that entitles an OFW to request for any one to visit in case of hospitalization of at least seven (7) consecutive days.
Permanent Total Disablement Benefit
A benefit amounting to up to $7,500 paid out to the OFW in case of total and permanent disability resulting in being unable to engage in gainful employment.
Subsistence Allowance Benefit
A benefit amounting to US$100 per month for a maximum of six (6) months in case of involvement in a case or litigation in the country of employment.
Who is Eligible?
Overseas Filipino Workers
✓ Direct Hires or Balik-Manggagawa ✓ Aged 21 to 60 years old ✓ In good health
Requirements
✓ Valid Passport ✓ Working Visa/Permit ✓ Valid Employment Contract
How to Apply
Simple Application Process
Step 1
Kumpletuhin ang online application at i-submit ang required information.
Step 2
Bayaran ang insurance premium base sa napiling policy.
Step 3
Matatanggap mo ang iyong insurance certificate kapag na-issue na ang policy.
Frequently Asked Questions
Mandatory ba ang OFW insurance para sa Direct Hire workers?
Ang OFW insurance ay hindi awtomatikong mandatory para sa mga Direct Hire workers. Gayunpaman, maaaring mag-iba ang requirements depende sa destination country at kung may ibinibigay na proteksyon ang employer. Maraming Direct Hire workers ang pinipiling kumuha ng insurance, lalo na kung ang kanilang kontrata ay walang kasamang repatriation coverage.
Kailangan ba ng mga Balik-Manggagawa workers ang insurance?
Ang Balik-Manggagawa workers ay hindi striktong required na kumuha ng insurance. Gayunpaman, may ilan na pinipiling kumuha nito kung kailangan nila ng dagdag na proteksyon o kung may ilang dokumento na nangangailangan ng insurance coverage.
Exclusive for OWWA Members:
Get 10% Off. Premium now starts at just USD31.32/year.
Note: The OFW’s insurance coverage period should be the same as the duration of their employment contractor a minimum of six (6) months.