ASP Exam II Readings

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A. Social Insurance and Microinsurance

a. Social Insurance 

  • Social Insurance, ASP Study Notes, Actuarial Dept., Social Security System, Oct. 2004, Chapters 1 to 3, Annex A Social Security System (Students should consider the current SSS benefits and contribution rates) Download
  • UPDATED! Social Security Act of 2018, Republic Act 11199, All sections Link
  • Government Service Insurance System Act of 1997, Republic Act 8291, All sections (Student may also refer to IRR of RA 8291) Link
  • HDMF Law 2009, Republic Act No. 9679, All sections (Student may also refer to IRR of RA 9679) Link

b. Microinsurance 

  • Insurance Code (Republic Act 10607) Chapter II, Title 6
  • Insurance Commission, Insurance Memorandum Circular No. 1-2010, Regulations for the Provision of Microinsurance Products and Services, Jan. 29, 2010 [included in Download Link above]
  • Microinsurance Regulatory Framework, by Technical Working Group organized by Dept. of Finance and supported by ADB-JFPR, Jan. 29, 2010 [included in Download Link above]
  • Microinsurance National Strategy, by Technical Working Group organized by Dept. of Finance and supported by GTZ MIPSS, Dec. 11, 2009 [included in Download Link above]
  • Insurance Commission, Insurance Memorandum Circular No. 22-2016, Regulations for the Provision of Health Microinsurance (MicroHealth) Products and Services, Apr. 11, 2016 Link
  • Insurance Commission, Insurance Memorandum Circular No. 63-2016, Enhanced Performance Indicators and Standards for Microinsurance 2016, Dec. 16, 2016 Link