Philam assured Planholders that they are strong and stable Company

People here in our country were devastated of the news that there are certain Pre Need Plans went on bankruptcy and never return the investments of the Policy Owner. There are lot of reasons why such this kind of companies need to declare losses in times of financial crisis. Plan holders work hard to save money in order to meet their obligations in paying their dues. But in spite of these chaos in preneed plan companies, Phil Am Plans assured that they are financially sound, as it remain to be stable and strongly capitalized company. The interest of every plan holders are protected with the company's financial strength and investment expertise. They will continue to provide our plan holders with the highest levels of service as we continue to write new business and remain committed to meeting our planholders need according to CEO Jose L. Cuisia Jr. According to the SEC that Philam Plans Trust Fund has sufficient assets that can be liquefied to cover availments as they fall due. Nowadays, Philam Plans Inc. is a leading pre-need firm offering pension, education and life plans. It is a subsidiary of the Philippine American Life and General Insurance Company, the largest and most diversified life insurance company in the Philippines. Whew! with this kind of news, it is a big relief for me because I was one of the policy owner who struggle to pay the educational plan of Keisha for 5 years. Not only that, also for my mom and sis, who has their pension and life plans. To Philam, more power to your company and continue to meet your obligations to every planholders.