Page 12 - BLI-Brief Introduction
P. 12
Brief Introduction
INSURE
Your Life
[Calculation of cash benefits payment] resulting from childbirth or premature labor,
The benefits payment which is issued by cash is the payment shall be increased proportionately.
calculated pursuant to the insured person’s average For those insured persons who are also
monthly insurance salary and benefit payment eligible for maternity benefits under related
standards. The average monthly insurance salary is social insurance programs, or for military, civil
calculated below: and educational personnel who also qualify
for national maternity allowances, they have
1. Pension Benefits and Lump-Sum Old-Age to choose one type of maternity benefits or
Benefits:
allowances only.
It is calculated by averaging the highest 60
months insurance salary during the coverage (2)Injury or Sickness Benefits
duration of the insured person. For those who (Temporary Disability Benefits)
joining the insurance for less than 5 years, it In case an insured person does not receive
would be calculated using the average monthly original salary payment due to ordinary injury or
insurance salary for the actual insurance period.
sickness for which he/she is hospitalized and
2. One-Time Old-Age Benefits: under medical treatment, he/she is entitled to
It is calculated by averaging the actual monthly claim injury or sickness benefits from the fourth
insurance salary of the previous 3 years prior to day when he/she is unable to work full day.
the month the insured terminates the insurance. Injury or sickness benefits shall be payable at
For those who joining the insurance for less than the rate of fifty percent of the average monthly
3 years, it would be calculated using the average insurance salary of an insured person for the
monthly insurance salary for the actual insurance maximum period of 6 months. When an insured
period. person has at least one full year of insurance
3. Other Cash Payment: coverage prior to the occurrence of injury or
It is computed on the basis of average monthly sickness, such benefits shall be payable for an
insurance salary for the last 6 months prior to additional 6 months.
the month in which the insured contingency (3)Permanent Disability Benefits
occurs.
An insured person suffers from injury or
(1)Maternity Benefits sickness and the person's condition is stable
A female insured person who has childbirth after medical treatment but no improvement
occurring more than 280 days or has premature could be expected for further treatment,
delivery occurring more than 181 days after and if the insured person is diagnosed to be
joining the labor insurance program is entitled permanently disabled by the national health
to claim a lump sum of maternity benefits insurance specially contracted hospitals or
equivalent to 60 days’ salaries computed on clinics and the disability comply with the labor
the basis of her average monthly insurance insurance disability benefit standard regulation,
salary of the last 6 months before the month the insured person could claim permanent
of delivery or premature delivery (for people disability benefits.
who withdraws from the labor insurance, the 1. Lump-Sum Disability Benefits
month of withdrawal). In case of a plural birth
The benefits are available to an insured
10
