The Philippine Insurance Commission issued clarification regarding the supposed CAP Liquidation and deadline of claim filing for qualified and eligible plan holders which is mentioned to be this September 1, 2017. The Philippine Insurance Commission advised that the Notice issued by them only pertains to CAP-General Insurance Corporation, a non-life insurance company and will only […]
Insurance
LIST of AUTHORIZED PRE-NEED INSURANCE COMPANIES for 2016
If you are planning to buy pre-need insurance products like educational plan, life or memorial plan, and pension plan, you are caution to buy only from companies authorized by the Philippine Insurance Commission. For 2016, there are only 11 pre-need insurance companies authorized by the Philippine Insurance Commission. These companies have the Certificate of Authority for License […]
Loyola Plan Holders – Requirements to File Claims and Get Check Payment
Just recently the Insurance Commission (IC) called the attention of Loyola Plans Consolidated Inc for the apparent shortage of the company’s trust fund. Where it stands now, this pre-need company trust fund deficiency is as much as P238M. The Trust Fund shortage is spread into the following: P66 million for life plans P120 million for […]