Pre-need Companies in the Philippines Now under Insurance Commission

Pre-need companies in the Philippines are now under the supervision of the Insurance Commission.

The pre-need law was passed in December 2009 and the implementing rules and regulations (IRR) were signed in March 2010.

Visit the website of the Insurance Commission at insurance.gov.ph, and you will see the pre-need code and the IRR already published on the site.

You will also see the list of the 23 pre-need firms under Directory of the IC  home page.  However, the list on the IC was still the list previously prepared by the SEC.

The list includes the 23 pre-need firms that were licensed to sell pre-need plans as of December 2009:

  1. Abundance Providers and Entrepreneurs Corporation (APEC) (formerly Pacific Plans)
  2. AMA Plans
  3. Ayala Plans
  4. Caritas Financial Plans
  5. CityPlans
  6. Cocoplans
  7. Danvil Plans (formerly Berkley International Plans)
  8. Destiny Financial Plans
  9. Eternal Plans
  10. First Country Plans
  11. First Union Plans
  12. Grayline Plans
  13. Himlayang Pilipino Plans
  14. Loyola Plans Consolidated
  15. Manulife Financial Plans
  16. Mercantile Careplans
  17. Paz Memorial Services
  18. Philplans First (formerly Philam Plans)
  19. Provident International Plans
  20. St. Peter Life Plan
  21. Sun Life Financial Plans
  22. Transnational Plans
  23. Trusteeship Plans

The only two changes from the May 2009 list are:

  • the addition of APEC to the list
  • change of name of Philam Plans to Philplans

For those who have complaints, inquiries or claims, you can address them to:

Public Assistance & Information Division

523-8461 to 70 local 102, 103, 105

pubassist@insurance.gov.ph

19 Comments

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  1. Hi! I wonder how to get in touch with Danvil plan, used to be Berkeley. Planning to go home December 2013 and hopefully I can get some money from them. Some of my plans reach the maturity already. Thank u so much.

  2. Hi Yolanda, sorry I don’t know. The TPG case is in the Makati Regional Trial Court Branch 149. You can file a complaint with the Insurance Commission.

  3. hello i would like to ask if how to claim my money
    that i supposed i hopefully claim from grayline plans thanks!

  4. Hi zilpah, sad to say, Grayline is already bankrupt. You can file your complaint with the Insurance Commission at U.N. pero hindi ko alam kung meron pang asset ang Grayline.

  5. Good afternoon. I would like to inquire status of Eduplan Phils. According to them they are under Insurance Commission already. Can i still claim the educational plans that are still not paid to me? How long will I wait for it?

    Thank you.

  6. Gud afternoon i would like to know about my refundble of my policy in Danvil Plans Inc.How long can i wait for the result of my own money to refund co’z i need it badly.So please i’m begging you

  7. Hi Edith, yes, in business pa ang Eternal Plans. Phone: 706-3740 to 47 / 706-3563
    Website: eternalplans.net.ph
    Facebook: facebook.com/pages/EternalPlansInc/167560509944157

  8. i,m a holder of life insurance policy from PRYCE insurance company. They promised they will return my money after their insurance group failed to honor their obligation.To this date still no information when they can refund the money.I want to know if PRYCE is under the INSURANCE commission now? What is the procedure now how we can get back my money
    thank you very much
    S. RACASA

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