Danvil Plans

This page is for planholders of DANVIL PLANS.

I started writing about Danvil Plans in 2008 when many pre-need firms were failing, and stopped writing posts about Danvil in 2010.

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Updates from Roland, July 28, 2014

I was able to contact a certain group led by Dr. Tamayo (contact no.:0917-5222152/ 0922-8101403) who’s suing PPLIC with the help of lawyers hired by this group. As per recent conversation with Dr. Tamayo, the joining fee for latecomers like me is roughly P4k. I think this amount is still reasonable considering I am just joining the group and I still have to collect roughly P89k from PPLIC. Interested parties can call her at the above-mentioned number.

As for my Claim on the Base Plan, Danvil said that they are still waiting for the advice of the IC for the release of the cheques. Please refer to an email from Danvil’s rep I received last July 3, 2014.

Dear Mr.Nicolas,

Thank you for your e-mail.

We apologize but as of the moment, we were informed to wait from the advice of Insurance. After our verification with the CRL department of the Insurance Commission, their recommendation on the matter of settlement of Danvil’s benefit payment is now subject for review by the deputy commissioners, before it is finally disposed by the Commissioner, Hon. Emmanuel Dooc. Kindly follow up with us again after some weeks.

Please feel free to e-mail us at mypolicy@danvil.com.phshould you have concerns.

Best regards,

Eleazer Francisco
Customer Service Department
Customer Relation Group
Danvil Plans, Inc.

 

Update from Libay, June 6, 2014:

From: Customer Service – FFI [mailto:mypolicy@danvil.com.ph]
Sent: Friday, June 06, 2014 9:01 AM
To: De Villa, Liberty

Dear Ms. De Villa,

Greetings.

Pertaining to our request for check preparations, our Conservator, Atty. Teresita Caalim made a follow up directly at Insurance Commission, and kindly see her e-mail message.

“On June 3, 2014, I visited the Insurance Commission to follow their declaration that the issue with the suspension of payment of Danvil will be resolved.
However, per my discussion with the CRL Department, they asked for additional time until end of June 2014, as their recommendation is being reviewed by the Deputy Commissioners before it is Approve by the Commissioner.

For this reason, I beg your indulgence for the nth time and expresses my apologies.”

We apologize, but the trustee banks still cannot prepare checks.

Please feel free to e-mail us at mypolicy@danvil.com.ph should you have concerns.

Best regards,

Eleazer Francisco
Customer Service Department
Customer Relation Group
Danvil Plans, Inc.

 

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Updates from Roland, May 27, 2014:

I just had a reply from Mr. Francisco of Danvil regarding follow-up on my first 50% (P90k)maturity payment cheque below:

Dear Mr. Nicolas,

Thank you for your e-mail.

We had a meeting at Insurance Commission last May 08, 2014, and they informed us that the result would be lifted on the end of this month. Kindly follow up with us on the first week of June 2014, we hopefully already have a date to give you by that period. Thank you.

Please feel free to e-mail us at mypolicy@danvil.com.phshould you have concerns.

Best regards,

Eleazer Francisco
Customer Service Department
Customer Relation Group

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Updates from Roland, May 26, 2014

Nag-apply ako for the first 50% maturity payment ng isang Plan ko sa Danvil last Nov. 2013 pero hanggang ngayon wala pang na-issue na cheke. It seems there is a bogdown in the Insurance Commission’s part as per e-mail message last April 14, 2014 from Danvil’s Mr. Francisco below:

Dear Mr. Nicolas,

Thank you for your e-mail.

I apologize but we were advised to follow up again at Insurance Commission after Holy Week. You may double check with them to confirm this information. Thank you.

Regarding the PPLIC’s Protector Plan claims, I understand that those claiming below P100k should file their lawsuits/complaints with the Insurance Commission (located along UN Ave. near M.Adriatico, Manila). Those above P100k should file their cases elsewhere, eg. metropolitan trial courts.

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Email address of Danvil as of  February 6, 2014, as shared by Jocee:

mypolicy@danvil.com.ph

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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:

Eleazer Francisco
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 mypolicy@danvil.com.ph should you have concerns.

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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.

(632) 828-0468

(632) 828-1612

(632) 828-1998

We will also try to reach them with their contact numbers.

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Updates 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

I researched a bit, and I found that JJACCIS Building is the one that CHINA BANK occupies.

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.

Click this to see a List of Documents to File your Claim

_______________________________________________

Eleazer L. Francisco

Customer Service Supervisor
Customer Relations Group
Danvil Plans, Inc.
02-755-1521 or 02-755-1591

mypolicy@danvil.com.ph
efrancisco@danvil.ph
_______________________________________________

The following posts were written from 2009 to 2010:

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

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Written in 2010:

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.

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.

17 Comments

Add a Comment
  1. Ms. Nora,

    still active pa po ba ang mga branches ng danvil sa malls like SM North? di kasi mcontact ung number nila japanese/chinese ung sumasagot. pwede din po ba kumuha ng Certificate of payments sa kanila? thanks!

  2. Hi Jessie, sad to say, Danvil no longer operates there, and no longer sells plans. It now only has 1 office, at JJACCIS Bldg along Acacia Ave, near Isuzu Alabang, Alabang-Zapote Road.

  3. dun na lng po kami pwede mag claim you think how much po ang pwede nmn makuha if 777/month hulog for 10 years? thanks. dun din po ba pwede makuha sa office nila ung ibang requirements? dun n rin po ba pwede mag claim? thanks alot!

  4. Ms. Nora, do you have any idea kung gaano katagal ang claiming ngayon sa Danvil? any updates po? plano na kasi ng sister at pamangkin ko magclaim. paano din po pala pag 10 years old p lng ung pamangkin ko with my sister as her mother, same sila nkplan sa Danvil. My special procedure po ba pag minor?

  5. Regarding the PPLIC’s Protector Plan claims, I understand that those claiming below P100k should file their lawsuits/complaints with the Insurance Commission (located along UN Ave. near M.Adriatico, Manila). Those above P100k should file their cases elsewhere, eg. metropolitan trial courts.

  6. Hi Jessie,

    Nag-apply ako for the first 50% maturity payment ng isang Plan ko sa Danvil last Nov. 2013 pero hanggang ngayon wala pang na-issue na cheke. It seems there is a bogdown in the Insurance Commission’s part as per e-mail message last April 14, 2014 from Danvil’s Mr. Francisco below:

    Dear Mr. Nicolas,

    Thank you for your e-mail.

    I apologize but we were advised to follow up again at Insurance Commission after Holy Week. You may double check with them to confirm this information. Thank you.

  7. Hi Jessie, you can request for your cert of full payment at their office. The other docs, you need to bring. Your maturity amount depends on your plan. Sad to say, you cannot claim your benefit immediately. I think the release of benefits still depend on the Insurance Commission (IC). Based on comments here, Danvil is being audited by the IC.

  8. Hi jessie, it will be the mother who will file the claim or the owner of the plan. Sad to say, Danvil was put on conservation status a few years ago, and it’s currently under audit by the Insurance Commission, based on comments here. You can call or visit their office, so you can have the latest updates.

  9. Hi Roland, thank you for sharing helpful info. I inserted your info in the above post as the most recent update. Thanks again

  10. Hi Nora,

    I just had a reply from Mr. Francisco of Danvil regarding folow-up on my first 50% (P90k)maturity payment cheque below:

    Dear Mr. Nicolas,

    Thank you for your e-mail.

    We had a meeting at Insurance Commission last May 08, 2014, and they informed us that the result would be lifted on the end of this month. Kindly follow up with us on the first week of June 2014, we hopefully already have a date to give you by that period. Thank you.

    Please feel free to e-mail us at mypolicy@danvil.com.ph should you have concerns.

    Best regards,

    Eleazer Francisco
    Customer Service Department
    Customer Relation Group

  11. Hi Roland, that’s a good development. Surely, planholders will be glad to know that. I truly hope that Danvil will be able to pay everyone, even if it takes some time. Will again insert your update in the above post. Thank you very much again for sharing.

  12. Ms. Nora,
    hi po.need ko pa kasi nang advise regarding po sa pplic wala po kasi akong narefund sa kanila.yung makakavail daw po nang refund nila na 30% is yung mga nakapagbayad ng march 2013. pass due po kasi base status ko sa kanila sa palagay nyo dapat ko pa bang ilaban pa ito? almost 113k po kasi ang naibayad ko sa kanila.thanks.lea

  13. Hi Lea, sorry I didn’t buy that PPLIC plan so I don’t know its rules. Read your policy again. Look for something about payments and reinstatement. Yes, continue fighting for it, but not in an expensive way. Write the Insurance Commission pubassist@insurance.gov.ph mentioning details of your policy.

  14. From: Customer Service – FFI [mailto:mypolicy@danvil.com.ph]
    Sent: Friday, June 06, 2014 9:01 AM
    To: De Villa, Liberty

    Dear Ms. De Villa,

    Greetings.
    …………

    Eleazer Francisco
    Customer Service Department
    Customer Relation Group
    Danvil Plans, Inc.

    Please see the complete email in the post above.

  15. Hi Libay, thanks a lot for sharing your email response. I will put this as the most recent update on the post, so more people can see. Thanks again.

  16. Hi Nora,

    I was able to contact a certain group led by Dr. Tamayo (contact no.:0917-5222152/ 0922-8101403) who’s suing PPLIC with the help of lawyers hired by this group. …
    (by Nora: I moved this comment to the post section…ABOVE. Scroll upwards)

  17. Hi Roland, thanks a lot for always sharing your updates with us here. These are certainly helpful for many Danvil and PPLIC members waiting for some good news. Will move your update to the post section so more people can see. I hope the group’s legal effort will be successful. Thank you very much again.

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