With south-central Mindanao hardest hit by Monday’s 7.8 magnitude earthquake, the Government Service Insurance System (GSIS) has announced it has set aside ₱15.1 billion in emergency assistance for some 600,000 members and pensioners affected by the tremor.
According to GSIS president and general manager Jose Arnulfo ‘Wick’ Veloso, GSIS is also ready to fast-track insurance claims of government agencies whose properties were damaged by the quake.
“Our thoughts are with our fellow Filipinos in Mindanao affected by this powerful earthquake,” GM Veloso enthused during a press briefer.
“The GSIS is ready to provide accessible financial relief to help our members, pensioners, and partner government agencies recover and rebuild,” he added.
The country’s state insurer disclosed that the emergency loan program is now available to qualified active members, as well as old-age and disability pensioners, residing or working in areas officially declared under a state of calamity by their respective local government units (LGUs).
It advised that loan applicants have until September 7, 2026 to file their applications.
Eligible borrowers may apply for up to ₱40,000 if they have an existing emergency loan (with net proceeds not to exceed ₱20,000), or up to ₱20,000 if they have none. The loan carries an annual interest rate of 6 percent, payable over 36 months and with proceeds credited directly to the borrower’s ATM card.
Applications may be filed through the GSIS Touch mobile app.
Recognizing the devastation wrought by the latest disaster to hit Mindanao, Veloso is urging government agencies, LGUS and policyholders with GSIS-insured properties affected by the earthquake to immediately file claims for faster processing.
Interested parties may connect through the GSIS 24/7 Hotline at 1-800-8-847-4747 (Globe/TM) or 1-800-10-847-4747 (Smart/Sun/TNT), or email MotorClaims@gsis.gov.ph or NonMotorClaims@gsis.gov.ph.
GSIS is closely monitoring the situation and is prepared to expedite the processing of emergency loans and insurance claims to support recovery and rehabilitation in the affected areas.
