Twenty (20) na uli ang licensed pre-need companies in the Philippines, as of May 2012, according to the new list released by the Insurance Commission this May 2012.

There were only 19 companies in the list released in March 2012. Presumably, the IC was waiting for some more requirements from this company that was not in the March 2012 list.

Here are the 20 pre-need firms in the Philippines licensed by the Insurance Commission to operate for the year 2012, as of May 2012.

1. Abundance Providers & Entrepreneurs Corp. (APEC)  --  Life Plans
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.  --  Life/Pension Plans
7. Destiny Financial Plans Inc.  --  Pension Plans
8. Eternal Plans Inc.  --  Education/Life/Pension Plans
9. First Union Plans Inc.  --  Pension Plans
10. Himlayang Pilipino Plans Inc.  --  Education/Life Plans
11. Loyola Plans Consolidated Inc.  --  Education/Life/Pension Plans
12. Manulife Financial Plans Inc.  --  Education/Pension Plans
13. Mercantile Care Plans Inc.  --  Education/Pension Plans
14. Paz Memorial Services Inc.  --  Life Plans
15. PhilPlans First Inc.  --  Education/Life/Pension Plans
16. Provident Plans International Corp.  --  Life/Pension Plans
17. St. Peter Life Plan Inc.  --  Life Plans
18. Sunlife Financial Plans Inc.  --  Education/Pension Plans
19. Transnational Plans Inc.  --  Education/Pension Plans
20. Trusteeship Plans Inc.  --  Life/Pension Plans

Changes from the List of Licensed Pre-need Companies in the Philippines Released in March 2012:
  •  Return of CityPlans Inc. to the list (Was in the September 2011 list; missing in the March 2012 list)
  •  Removal of education plans from the product list of CocoPlans Inc.
  •  Addition of Life Plans to the product list of PhilPlans First Inc.
  •  Removal of Education Plans from the product list of Trusteeship Plans Inc.

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