Here are the pre-need companies in the Philippines licensed by the Insurance Commission as of September 2011 to sell pre-need plans for the year 2011:
Think a hundred times before investing in these pre-need companies. Investigate the background and business performance of the pre-need firm you're considering.
*** APEC was formerly Pacific Plans Inc. (PPI). APEC claims to have more than 7.3 billion pesos in trust funds as of December 2010. PPI was sold by the Yuchengcos in December 2008 to Noel C. Onate, founder of APEC, and founder and former owner of the Asian Spirit airline. .
*** Phil Plans was formerly Philam Plans. PhilPlans is now part of the Philippines First Group (founded in 1906). It was bought from the Philippine American Life and General Insurance Co. (Philamlife) in October 2009 by Philippines First Insurance Co. and Systems Technology Institute (STI). It claims to be the largest pre-need company, with 35.7 billion pesos in trust funds.
Related articles:
List of Pre-Need Firms in the Philippines, as of September 2011
Pre-need Companies in the Philippines Now under Insurance Commission
Pre-Need Companies | Licensed to Sell |
These Plans | |
1 Abundance Providers & Entrepreneurs | Life Plans |
Corp. (APEC) | |
2 AMA Plans Inc. | Pension Plans |
3 Ayala Plans Inc. | Education/Pension Plans |
4 Caritas Financial Plans Inc. | Pension Plans |
5 CityPlans Inc. | Pension Plans |
6 CocoPlans Inc. | Education/Life/Pension Plans |
7 Destiny Financial Plans Inc. | Pension Plans |
8 Eternal Plans Inc. | Education/Life/Pension Plans |
9 First Country Plans | Pension Plans |
10 First Union Plans Inc. | Pension Plans |
11 Himlayang Pilipino Plans Inc. | Education/Life Plans |
12 Loyola Plans Consolidated Inc. | Education/Life/Pension Plans |
13 Manulife Financial Plans Inc. | Education/Pension Plans |
14 Mercantile Care Plans Inc. | Education/Pension Plans |
15 Paz Memorial Services Inc. | Life Plans |
16 Phil. Plans First Inc. | Education/Pension Plans |
17 Provident Plans International Corp. | Life/Pension Plans |
18 St. Peter Life Plan Inc. | Life Plans |
19 Sunlife Financial Plans Inc. | Education/Pension Plans |
20 Transnational Plans Inc. | Education/Pension Plans |
21 Trusteeship Plans Inc. | Education/Life/Pension Plans |
Think a hundred times before investing in these pre-need companies. Investigate the background and business performance of the pre-need firm you're considering.
*** APEC was formerly Pacific Plans Inc. (PPI). APEC claims to have more than 7.3 billion pesos in trust funds as of December 2010. PPI was sold by the Yuchengcos in December 2008 to Noel C. Onate, founder of APEC, and founder and former owner of the Asian Spirit airline. .
*** Phil Plans was formerly Philam Plans. PhilPlans is now part of the Philippines First Group (founded in 1906). It was bought from the Philippine American Life and General Insurance Co. (Philamlife) in October 2009 by Philippines First Insurance Co. and Systems Technology Institute (STI). It claims to be the largest pre-need company, with 35.7 billion pesos in trust funds.
Related articles:
List of Pre-Need Firms in the Philippines, as of September 2011
Pre-need Companies in the Philippines Now under Insurance Commission
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