Transfer of Berkley/Family First to Danvil Then to Legacy.

NOTICE for Danvil Plans Planholders

Go to this page immediately:  NOTICE for Planholders of Danvil Plans

——————————————————–

Most of the comments I’ve read on the Internet about Family First and Danvil condemn the high-pressure and sometimes traumatic marketing methodology of Family First/Danvil. And I understand. Because I was once pressured. And like them, I also spent nights thinking how I could be so gullible and so weak.


But later on, I had to decide: whether to lose what was first swiped off from my credit card or to continue paying to prepare for the future, as the agents said. The key factor then for me was the American firm Berkley, which launched the pre-need plans and which partnered with Family First to market its plans. I continued paying and fully paid my plan in 2005, eased by the thought that Berkley is an established American company and I’d get the results of my hard work in 2010, the year my daughter would  be in second year college.
But then, the announced transfer of the plan portfolio from Danvil to Legacy put doubts in my mind.


I emailed Danvil’s president, Mr. Daniel Villanueva, and demanded for the return of my money in full. But a few days after a one-on-one meeting with Ms. Aurora Dino, assistant vice president and branch head, at Danvil’s office in Makati, I reversed my demand and decided to go with the transfer.


Among Ms. Dino’s key arguments were:
•  They delivered letters to everyone about the transfer.  She said that’s one  sign of being in good faith.
• The Securities and Exchange Commission (SEC) has become stricter with    Danvil because of what happened to CAP, Pacific Plans and Platinum.
• Legacy is stable because it owns One Card, which has been accepted as an    affiliate of Mastercard International. (I don’t hear much about One Card,    however.)
•  She, Ms. Dino and most other Danvil officers and personnel, will be transferring to Legacy as part of the portfolio deal.
•  She described her professional and personal circumstances and said that I can   depend on what she says and that I can trust her.

Last July 2008, Ms. Dino emailed me and said that the transfer is still in process and is not yet a done deal.

I’ll suspend criticizing Family First or Danvil online because I’m still hoping that Danvil can resolve whatever has prompted it to negotiate a deal with Legacy.
Lastly, I believe that Berkley, which launched the pre-need portfolio and then later sold it, has a moral obligation to ensure that the planholders get the results of their investments on time and in the right amount.

178 Comments

  1. merly L. Habbi August 6, 2019
  2. IRA F. VELASCO June 3, 2019
  3. IRA F. VELASCO June 3, 2019
  4. Maria May 20, 2019
  5. Melinda David March 9, 2019
  6. Ervin Cabungan January 16, 2019
  7. jun p. November 15, 2018
  8. Maria Kristina Guillermo Ayuyang November 15, 2018
  9. Anthony Ang September 25, 2018
  10. Elmer A. Panuncialman May 9, 2018
  11. Joselito Remoquillo May 8, 2018
  12. Perlita Rodriguez Yambao April 30, 2018
  13. Nora April 11, 2018
  14. Jobelle R. Altares April 11, 2018
  15. Nora April 2, 2018
  16. Violet M. Ibanez April 2, 2018
  17. Nora January 29, 2018
  18. AGRIPINO HERNANDEZ HIRONDO January 28, 2018
  19. yvonnie b. binay-an November 9, 2017
  20. Jonathan pascua October 2, 2017
  21. Loida S. Martinez August 14, 2017
  22. Ruperto Navidad July 24, 2017
  23. Dario Calingasan July 18, 2017
  24. Rosalyn Pineda June 30, 2017
  25. Cesar June 19, 2017
  26. Marcelino B.Angeles June 19, 2017
  27. Nora May 29, 2017
  28. Nora May 29, 2017
  29. Veron May 29, 2017
  30. Russel dela cruz May 28, 2017
  31. Nora April 30, 2017
  32. Valerio L. REPATO, JR. April 29, 2017
  33. jvg March 8, 2017
  34. Nora February 14, 2017
  35. Edwin Estioco February 14, 2017
  36. Edwin Estioco February 14, 2017
  37. dino martinez January 13, 2017
  38. Nelson Nadal January 9, 2017
  39. Nora January 7, 2017
  40. Josephine B. Ancheta January 7, 2017
  41. Nora November 25, 2016
  42. Erlinda Yu Alba November 24, 2016
  43. dino martinez October 6, 2016
  44. dino martinez October 6, 2016
  45. Nora October 4, 2016
  46. cheril malabed October 3, 2016
  47. Nora September 26, 2016
  48. Minerva September 25, 2016
  49. Nora September 15, 2016
  50. Cynthia Magat September 13, 2016
  51. Nora September 11, 2016
  52. merlinda ventures bernido September 9, 2016
  53. Nora August 25, 2016
  54. Ma. Isbel de Guzman August 22, 2016
  55. Nora August 15, 2016
  56. Leslie August 15, 2016
  57. Nora August 8, 2016
  58. Ma Teresa Fernandes August 8, 2016
  59. Nora August 2, 2016
  60. Elmer Barros August 2, 2016
  61. Nora July 23, 2016
  62. Ma. Rebecca V. Blest July 22, 2016
  63. Nora July 4, 2016
  64. Ian July 4, 2016
  65. Nora June 15, 2016
  66. Mario Jimenez June 14, 2016
  67. Nora June 8, 2016
  68. Belinda Quicho June 7, 2016
  69. Madelyn Ordono April 15, 2016
  70. Nora April 15, 2016
  71. Madelyn Ordono April 14, 2016
  72. Nora April 10, 2016
  73. ADEL MERCADO AGTARAP April 9, 2016
  74. amelia s. roldan April 6, 2016
  75. Nora March 22, 2016
  76. Sherley March 21, 2016
  77. Nora February 29, 2016
  78. Darius Centeno February 28, 2016
  79. Nora February 19, 2016
  80. Armina Belleza C Llamas February 18, 2016
  81. Nora February 12, 2016
  82. Ace February 12, 2016
  83. Nora February 1, 2016
  84. Edwin Castillo February 1, 2016
  85. Nora January 29, 2016
  86. Jay C. Sampang January 28, 2016
  87. Nora January 17, 2016
  88. Helen January 15, 2016
  89. Nora December 9, 2015
  90. Margie December 8, 2015
  91. Nora December 3, 2015
  92. Marissa December 2, 2015
  93. Nora November 23, 2015
  94. Nora November 23, 2015
  95. zenaida c. ferrer November 22, 2015
  96. R Evangelista November 22, 2015
  97. Nora November 2, 2015
  98. Romina trinidad November 1, 2015
  99. Nemelie autencio October 28, 2015
  100. Nora October 13, 2015
  101. Reynald John October 13, 2015
  102. Nora September 18, 2015
  103. Mary ann cruz September 17, 2015
  104. Angela Abadilla September 17, 2015
  105. Nora September 16, 2015
  106. Isabel September 16, 2015
  107. Nora September 15, 2015
  108. Gloria de Guzman September 14, 2015
  109. Nora September 5, 2015
  110. Prescy September 5, 2015
  111. Nora August 7, 2015
  112. Maggie August 6, 2015
  113. Nora August 6, 2015
  114. Nora August 5, 2015
  115. Ed Mangonon August 5, 2015
  116. liana rose July 26, 2015
  117. Arlene Brucal July 17, 2015
  118. Nora July 17, 2015
  119. Arlene Brucal July 16, 2015
  120. Arlene Brucal July 16, 2015
  121. Nora June 8, 2015
  122. Helen June 8, 2015
  123. Nora January 27, 2015
  124. Jocelyn Flores January 27, 2015
  125. Nora January 25, 2015
  126. Rene Ross Jasa January 25, 2015
  127. Nora January 6, 2015
  128. glaiza January 5, 2015
  129. Nora October 31, 2014
  130. FLoressa October 31, 2014
  131. Hector Soriano October 22, 2014
  132. Raquel Arceo September 23, 2014
  133. Nora September 9, 2014
  134. theresa funcion September 8, 2014
  135. Nora August 22, 2014
  136. Tes enriquez August 21, 2014
  137. Orlando A. Busayong July 15, 2014
  138. Nora June 7, 2014
  139. Vilma De Vera June 6, 2014
  140. Nora May 25, 2014
  141. Nora May 25, 2014
  142. Jessie May 25, 2014
  143. Jessie May 25, 2014
  144. Nora April 25, 2014
  145. Grace April 24, 2014
  146. Nora March 26, 2014
  147. Vanie March 26, 2014
  148. Nora March 20, 2014
  149. Raquel Arceo March 19, 2014
  150. Nora March 1, 2014
  151. Maricel February 28, 2014
  152. Nora February 23, 2014
  153. Jojo February 20, 2014
  154. Nora January 26, 2014
  155. jefferson January 26, 2014
  156. Nora January 19, 2014
  157. Vic January 19, 2014
  158. Nora November 27, 2013
  159. Mhayiel November 27, 2013
  160. Nora November 25, 2013
  161. mhayiel November 25, 2013
  162. mhayiel November 25, 2013
  163. jhing manaloto October 28, 2013
  164. Nors October 25, 2013
  165. jhing manaloto October 25, 2013
  166. jhing manaloto October 24, 2013
  167. Nors October 23, 2013
  168. jhing manaloto October 23, 2013
  169. jhing manaloto October 23, 2013
  170. Nors October 16, 2013
  171. Lina October 15, 2013
  172. Nors August 16, 2013
  173. ma. luisa gopic August 16, 2013
  174. Nors August 3, 2013
  175. jane August 3, 2013
  176. HepolitoFernandez May 22, 2013
  177. Nors April 2, 2013
  178. Bess guido April 2, 2013

Leave a Reply