MEMBERSHIP

How to become a FICCO Member?

Join the Pre-Membership Seminar (PMS) conducted in any FICCO Offices.

When is Pre Membership Seminar conducted?

Main Branch: 1st, 2nd, 3rd Saturday, 4th Sunday of the Month

Other Branches: 1st, 2nd, 3rd Saturday, 4th Sunday of the Month

Time: 12:30pm – 5:00pm

How much do we pay if we open an account for regular membership?

Pre-membership fees:

Seminar’s Fee₱ 40.00
Membership Fee₱ 50.00
Subscription Agreement (notarial)₱ 20.00
Share Capital₱ 100.00
Savings Deposit₱ 100.00
Home Protect₱ 250.00
Family Protect₱ 90.00
TOTAL₱ 650.00

What are the requirements needed to open an account?

  • 2 pcs  1×1 I.D Picture
  • Residence Certificate
  • Certificate of Employment
  • Marriage Contract (if applicable)/ 2pcs
  • Birth Certificate
  • Photocopy of Valid I.D
  • Business or Barangay Permit
  • Tax Identification Number (TIN)

INSURANCE

What Are The Insurance Products & Services Offered In Ficco

Life Services

  1. Savings Protection Plan (SPP)
  2. Loan Protection Plan (LPP)
  3. KooPamilya(MBA)
  4. Mutual Aid Fund (MAF)
  5. Memorial Services
  6. Retirement/Installment Savings Insurance-New*

Non-Life Services

  1. Home Protect
  2. Fire Insurance and Allied Perils
  3. Motor Vehicle or Car Insurance

Who is/are the the claimant-beneficiary/ies of the deceased FICCO member?

The Table below will be observed in determining the claimant-beneficiary of the deceased FICCO member, provided, the designated beneficiary/ies is/are not contrary to law to receive the proceeds:

TABLE A
Insurance Plan
Savings Protection Plan (SPP)Whether joint or single account
Loan Protection Plan (LPP)Applied first to Loan, excess (if any) goes to beneficiary
Koopamilya (MBA)
MAF
MSCF
Home Protect
CHMF
Others

B: If no declared beneficiary, extrajudicial settlement or adjudication of legal heirs.(refer table B)

TABLE B
SingleIf Re-marry –widow(er)
1. With Children1. With Children Spouse (legal) and Children (recognized) from current and first family
2. If without Children2. If without Children (current)
  • Parents
  • Spouse and
  • Siblings –all (if both parents are deceased)
  • children from first family or Parents if no Children
3. Refer to legal (if no parents and siblings)
  • If application/enrollment form is lost, the branch will execute an Affidavit of Loss and settlement will be done through extrajudicial settlement or adjudication of legal heirs. (refer table B)
  • For Minor Beneficiary/ies, proceeds will be placed as Time Deposit (or RS) to be withdrawn upon the legal age of the minor-beneficiary.

LIST of accredited partners of Coop Health.

Can motor claims be repaired at casa?

Yes provided the year model of the vehicle is not more than 3 years.

If car is more than 3 years, where can be repaired?

Preferably at our accredited shops.

What are the usual reasons of additional requirements?

-Pictures and/or text are not clear

-Inconsistent or discrepancies of information without explanation or affidavit

-Claims are deniable