Embassy of the Philippines > Embassy of the Philippines DC >> Announcements


17/11/2010: Advisory on Fraudulent GSIS Agents

The Government Service Insurance System (GSIS) is warning the public, as well as the insurance industry and regulatory bodies, that private individuals are fraudulently securing reinsurance contracts/claims without their authority.  Such schemes have been reported in England and Australia.

GSIS notes that it assumes no responsibility to compensate or indemnify any party for any contract or agreement entered into in violation of the above-mentioned policy.