SMC insures 5,000 Cebu frontliners for P2 M each


Diversified conglomerate San Miguel Corporation (SMC) has provided life insurance coverage for about 5,000 medical front liners from 18 hospitals across Cebu, insuring them for P2 million each.

SMC president and chief operating officer Ramon S. Ang

“We started this initiative several months ago, at the height of COVID-19 cases in Cebu, when our medical front liners there were really having a hard time,” said SMC president Ramon S. Ang.

He noted that, “Many of them were also testing positive for the coronavirus. We wanted to do something to help protect them, and to show our solidarity and support for them.”

With the insurance packages, obtained through Cocolife, Ang said that medical front liners in Cebu can now have added security as they save lives and fight the virus.

“Saving lives is still our highest priority. Unfortunately, COVID-19 can affect anyone, even our doctors and nurses. As much as possible, we cannot lose any more lives, especially not our medical front liners, because they are the ones tasked to save lives. Through this effort, we hope they feel that their everyday sacrifices are valued and appreciated,” Ang added.

Under the program, SMC paid all the premiums for the insurance of medical front liners.

Thus far, SMC’s P2 million coverage-each insurance package has benefited front liners in the following Cebu hospitals:

Perpetual Soccour Hospital (459), Cebu Doctors University Hospital (254), Southwestern University Medical Center (36), St. Vincent General Shopital (99), Mendero Medical Center (77), Visayas Community Medical Center (62), Adventist Hospital Cebu (189),  Chong Hua Hospital (1,303), Cebu South General Hospital (125), Cebu Velez General Hospital (143), Cebu City Medical Center (12), Vicente Sotto Memorial Medical Center (65), Talisay District Hospital (30), Arc Hospital (44), Cebu North (91), Mactan Doctors’ Hospital (155), Allegiant Regional Care (305), Univeristy of Cebu Medical Center (278). Some 61 Infectious disease specialists and pulmonologists and hundreds of other medical workers were also provided the same insurance coverage.