PhilPost gets P100M partial claim for fire

The Manila Central Post office building in Liwasang Bonifacio, Manila a day after it was gutted by a huge fire. INQUIRER PHOTO / RICHARD A. REYES

The Philippine Postal Corp. (PhilPost) got P100 million in advance from the Government Service Insurance System (GSIS), even as the assessment of the damage from the fire at the Manila Central Post Office building is still ongoing. According to the GSIS, the amount represented a preliminary payment for PhilPost’s insurance claim. The state insurer GSIS said it will deliver full payment to PhilPost after evaluating the adjuster’s report and approving the final payment offer. The building is insured with the GSIS for a total of up to P604 million. GSIS president and general manager Arnulfo Veloso said in a statement that, in addition to the initial payment, the GSIS donated various office equipment to help facilitate the continuity of its essential services. —RONNEL W. DOMINGO