Loan Write-Off is the removal of an unpaid loan from an active account under specific conditions such as permanent disability, death, or retirement age. Although written off, SSS may still deduct the outstanding balance from future benefits unless waived under special provisions. Write-offs help clean up uncollectible accounts while ensuring benefits remain payable to the member or beneficiaries.
Hospital delivery in the Philippines can easily cost ₱60,000 - ₱200,000 depending on the hospital and type of delivery.
Many parents use a credit card to manage these expenses while waiting for their SSS maternity benefits.
