Pre-Need Philippines: Kabado Na Naman?

Pagkatapos na ma-assure tayo na licensed pre-need dealer for 2009 ang Danvil Plans at isa siya group of pre-need firms na willing to increase their capital, ito naman ngayon…

Nakakakaba yong sinabi ni Jose Miguel M. Vazquez, Federation of Pre-need Companies of the Philippines president, noong February 20 tungkol sa business na pre-need.

Nag-research uli ako ng news ngayong umaga about pre-need sa Internet noong nakita ko sa ABS-CBN  news kagabi yong pagsasalita ni Vazquez habang ini-interview siya.

Ini-extend kasi ng SEC mula February 15 hanggang April 15 yong deadline ng mga pre-need companies para dagdagan ang capital nila.

Ang sabi ni Vazquez ay kailangan pa nila ng mas mahabang time para isipin kung magpapatuloy pa sila na mag-business. Iisipin daw nila kung profitable pa raw  ba ang business na pre-need. Ano ba yon?

Vazquez’s exact words:
“Is it enough time? Probably not, since each company is assessing whether to continue, should continue and can continue. It is not just a question of capital. Each company is reviewing whether there is still a future [in this business] and this cannot be determined in such a short time.”

According sa news na ito of Business World online, the group said some pre-need companies were considering stopping operations and were just trying to pay plan holders due to their huge trust fund deficits.

In the same TV news, nagsalita rin si Philip Piccio, the head of the PEP Coalition. Ina-accuse niya yong mga pre-need companies na sinasadya raw nilang ipakita na nalulugi na sila kahit hindi para hindi nila ibigay yong full values ng pre-need plans.

Source: bworldonline.com, BusinessWorld, February 21, 2009

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