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DAVAO CITY: The insurance policy distributed to
members of the People’s Champ Movement (PCM) by boxing champion
Manny Pacquiao is valid, according to the insurance company.
Wilson Gunay, operations manager
in General Santos City of the Stronghold Insurance, bared this.
“Hindi peke yan [It’s not
fake],” Gunay said.
The Certificate of Coverage was
issued to Pacquiao by the Stronghold’s main office in Manila. The
insurance policy is the Unlimited Personal Accident [UPA],” he
added.
The policy, however, doesn’t
cover intentional accidents like murder.
Gunay said their office is
willing to pay if the reason of the death or accident is valid or
covered by the policy. Their office in General Santos is available
and willing to assist them in making their follow-up of their claims
in Manila.
The first beneficiary is
Pacquiao’s former boxing time keeper Rudy Banas, 67, who was
killed by a motorcycle while crossing J. Catolico Avenue in front of
his house beside the Bernabe Coliseum on March 23.
Gunay said Stronghold has been
established since 1960. It covers the insurance of all the banks of
the Land Bank of the Philippines.
Stronghold also covers the
insurance of the four airplanes and helicopters of Lapanday for P6
million each.
 --PNA
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