Offerings | Salary Savings Insurance Program



		Voluntary Life Insurance coverage through Automatic Payroll Deduction The Salary Savings Insurance Program (SSIP) is a complementary employee benefit. It is a facility that allows employees to apply for insurance coverage with premiums paid through authorized monthly salary deduction. Through this facility, an employee is able to increase his/her coverage thus complementing the protection provided by the company. The employee can choose among the many products of Philamlife. Security, Education, Retirement, Investment, Hospital Income others.

		EMPLOYER You help your employees cultivate a desirable habit of saving for future This active display of employee welfare, consciousness, fosters loyalty, increases morale, efficiency and productivity Improves relations with your employees since it gives them evidence of your GENUINE INTEREST in their well-being EMPLOYEES Premium is easily affordable as it is computed within employees' capacity to pay System enables the insured employees to save regularly in preparation for future needs Insured employee has life insurance protection for as long as he is employed and does not voluntary withdraw the plan There is smaller possibility of policy lapse
			Have a Philamlife representative contact me. for individual accountsfor corporate account