Cocolife donates COVID testing machine to UP Manila

MANILA, Philippines — Cocolife, the biggest Filipino-owned stock life insurance company, recently  donated P1 million to the UP  Manila – National Institute of Health (UP-NIH) for the purchase of one Real Time- Polymerase Chain Reaction (RT – PCR) machine to help step up efforts  for COVID-19 testing in the country.

RT-PCR machines, used to make a very tiny amount of very distinct viral genetic material detectable,  significantly improve the timely release of COVID-19 test results in the country.

Cocolife president and CEO Martin Loon said that the company is united with the nation and the government in the fight against the coronavirus pandemic.

At the same time, Cocolife continues to  extend full coverage for all COVID-19 -related hospitalization of its health card members.

Cocolife insurance policies  affixed with  Hospitalization  Benefit (HIB)  and Hospitalization Benefit  Rider Plus (HIB+) are also entitled to daily hospital income in case of confinement  due to COVID 19, subject to policy terms.

Aside  from its 24/7 Helplines/Hotlines, a Cocolife special ground staff  is stationed in its Makati Head Office to ensure the timely and efficient delivery of its services.

Grace period has also been extended from 31 days to 61 days  for all premium dues for  the period March 15 to April 30, 2020.

Cocolife  recently celebrated its 42nd anniversary but  has decided to allocate  resources to help alleviate the financial distress  brought about by the enhanced community quarantine to its employees, sales force, partners, stakeholders and foundation beneficiaries.