This page is for planholders of DANVIL PLANS. You can see below a list of articles about Danvil, with comments by various Danvil planholders.
Email address of Danvil as of February 6, 2014, as shared by Jocee:
Contact numbers of Danvil Plans, as of June 8, 2012:
Information from Eleazer L. Francisco, Customer Service Supervisor:
Kindly inform them with our hotline numbers below, and advise them to contact us directly so their concerns will be attended properly.
We will also try to reach them with their contact numbers.
Update as of April 19, 2012:
According to the website of the Insurance Commission (IC), Danvil Plans is one of the 37 pre-need companies under IC conservatorship and court rehabilitation.
DANVIL PLANS INC.
Date placed under conservatorship – October 14, 2010
Name of conservator – Atty. Teresita Caalim
Date of appointment of Ms. Caalim – June 22, 2011
Office of conservator – 419 Quezon Avenue cor. Banawe Street, Brgy. Lourdes, Quezon City
Contact Nos. of conservator – 639-558 / 741-0432 / 0917-8817156 / 0920-9134826
According to Danvil Plans planholder Jel who commented on this blog on April 4, 2012, she filed her claim at PPLIC office at SM North Edsa on April 3 and her papers were accepted for processing, but she was notified that starting May 1, 2012, PPLIC will no longer accept Danvil Plans or Family First claims. Planholders are instructed to file their claims at the Danvil Plans office in Alabang.
Processing of Claims
According to several Danvil planholders whose plans matured in 2011, the releasing of maturity benefits has changed. Dahil nga raw hindi na pinayagang magbenta ng pre-need plans ang Danvil since 2010, kinailangan nang i-conserve ang assets ng Danvil starting in 2011 under the Insurance Commission, para hindi maubos ang funds ng Danvil at para lahat ng planholders ng Danvil ay makakakuha ng kanilang maturity benefits.
Starting in May 2011, every planholder whose plan has reached Maturity Date will get only 50 percent of his/her maturity benefit on or around maturity date (depende kung nag-file ng claim before or on maturity date).
The other 50 percent will be released over a period of 5 years in 5 equal installments, starting one year after the release of the first 50 percent.
Address of Danvil Plans
2nd Floor, Units C & D, JJACCIS Bldg
1208 Acacia Avenue Madrigal Business Park
Ayala Alabang, Muntinlupa
JJACCIS Building is along Acacia Avenue, near ISUZU ALABANG, which is at the corner of Acacia Avenue and ALABANG-ZAPOTE ROAD, also near CALTEX and HONDA Alabang.
HOW TO PRE-TERMINATE YOUR DANVIL PLAN, as shared by Jocee, February 6, 2014:
Hi Fellow DANVIL Planholders!
Firstly, thank you to Ms. Nora for putting up this very helpful blog / website. It’s great to know and hear from others having the same concern as ours.
Our DANVIL plan is already fully paid and maturing in 2016. We are still checking on which option to take – to wait for its maturity or terminate the plan now.
Just want to share the email response dated today, Feb. 4, 2014, regarding TERMINATION of plan from:
Customer Service Asst. Manager
Customer Relation Group
Danvil Plans, Inc.
Note: I tried sending an email this morning, and got a quick reply.
Email reply from Mr. Francisco, dated February 4, 2014:
Should you decide to pre-terminate your plan at this stage, this would be under Plan Termination Value (PTV), you will be entitled for a refund of upto 50% of your Total Amount Paid to date or what is stipulated at your Schedule of Plan Termination Value. As respectfully pointed out before, any decision to pre-terminate your plan is disadvantageous to the client.
To process your PTV, you need to submit a signed cancellation letter with photocopy of your two valid ID’s and surrender all your contracts that pertains with your policy (Policy Face Page Contract Provision, etc) . Your PTV would be in-form of crossed check and for pick up at our office and would be available one to two months you have completed your requirements. In your absence, you may send your representative to file and claim your check as long as you also provide us an Special Power of Attorney (must be authenticated at Philippine Consulate if your current location is outside the country) with his/her two valid ID’s. If you would request for change of check’s payee name, you need to provide us a Deed of Assignment instead of SPA (must also be authenticated at Philippine Consulate if your current location is outside the country).
As of the moment, we cannot proceed with your PTV until we have received your requirements.
Please feel free to e-mail us at firstname.lastname@example.org should you have concerns.
The following posts were written from 2009 to 2010:
Eleazer L. Francisco
Customer Service Supervisor
Customer Relations Group
Danvil Plans, Inc.
02-755-1521 or 02-755-1591
- Danvil Plans Paid My Maturity Benefits as Promised in 2000
- Danvil Plans — Claiming Your Maturity Benefits
- Danvil Plans — File Your Claims Early
- Danvil Plans Policyholders: Good News?
- Danvil Plans, Other Pre-Need Firms: Updates
- Daniel Villanueva: Founder and President, Danvil
- Danvil Is Still Berkley on Pre-need Federation Website
- Berkley/Family First to Danvil Then to Legacy
- To Danvil, From a Hurting OFW in Japan
- Email Address of Danvil Plans
- Two Planholders of Danvil Plans Who Have Already Collected Their Maturity Benefits
- Updates on Danvil Plans and Other Pre-need Firms from March to May 2009
- Danvil Plans, Coco Plans, AMA Plans Deficient in Their Trust Funds
- I Have to Correct My Mistake: Prudentialife Plans Inc. Is Different from Philippine Prudential Life Insurance Co. Inc.
- Danvil Plans — Claiming Your Maturity Benefits
Just like any planholder of a pre-need plan in the Philippines, I’m anxious about my plan as a number of pre-need companies has failed over the past years. I hope that Danvil survives and grows and maximizes its partnership with Philprudentialife so that people whose plans are still to mature in the next several years will get back all their investments and their promised earnings.
My plan will mature this October 2010. I got my plan in 2000 at the Family First branch at Festival Mall in Alabang. Just like many of you, I also felt deceived when I was pressured to buy a plan. I was just giving in to my then seven-year-old daughter who was enticed with the stuffed toy game Family First marketers were showing to mall goers.
During that time, plan buyers could not cancel their plans within a few days of buying, unlike today when buyers could. Despite misgivings and anger at myself for having been so easily enticed, I continued paying. In my third year of paying, my plan was even reinstated and re-dated — moved to a later date by 6 months — because I defaulted by 6 months.
I finally completed my payments in 2005.
In May 2008, just like you, I received a notice instructing planholders about the planned purchase of Danvil Plans by Legacy Group. I quickly researched about Legacy and saw unsavory write-ups about its head Celso de los Angeles. I emailed Danvil about what I found out about Legacy and demanded that my money be returned instead of being moved to Legacy.
I was invited to the Danvil office and was able to talk with Ms. Aurora Dino, the then AVP of Danvil and branch head of the Makati office. We explained our sides, and the day after, I emailed back I was willing to defer my demand for my money.
It was really fortunate for all of us that Danvil Plans listened to the advice of other parties, and did not push through with the takeover by Legacy, because just months later, in December 2008, the Legacy scam — perhaps the biggest in the Philippines — because it involved thousands of soldiers, teachers, OFWs, retirees, farmers, other employees, foreigners married to Filipinos, even big-time investors and lawmakers — blew up, wiping out around 30 billion pesos of hard-earned money.
Many things have happened since then, including the closure of other pre-need firms, the failure to pay back investors and the continuing problems of CAP and Pacific Plans.
As for Danvil Plans, it stopped selling pre-need educational plans in December 2007 and pre-need pension plans in December 2008. What the firm is doing now, according to Danvil reps, is only servicing plans.
But if you go to the malls, Danvil reps are still selling something — insurance products issued by Philippine Prudential Life Insurance Corporation (PPLIC), an insurance company different from the pre-need firm Prudential Life Plans whose license-to-sell was canceled in April 2009.
It was PPLIC which bought the Danvil life insurance portfolio in 2007.
The latest SEC list of pre-need firms with licenses to sell as of today was the May 2009 list. It included Danvil Plans and 21 other pre-need companies.
If you want to comment on this particular write-up, just please write your comments below any of the articles you click above.