From its modest beginnings to its present status as a strong player in the pre-need industry, Cocoplans has proven itself to be more than just a company that sells pension plans and education plans, but a partner to Filipino families in their quest for progress.
Filipinos may remember 1993 as the year the country was plunged into darkness by frequent power failures. However, for the United Coconut Planters Bank Group of Companies (UCPB Group), one of the largest financial services groups in the country, 1993 was the year the light first came on for a bright new venture. Cocoplans, Inc. was organized on May of that year, and was officially registered with the Securities and Exchange Commission on July 5.
Cocoplans began its operations on May of the following year, and was launched on October 18. Its first product: pension plans tailor made for Filipinos at different income levels.
The company grew at a rapid pace in the next few years, as it established business centers in Luzon, Visayas and Mindanao, while steadily increasing its asset base and trust fund. By 1997, it began selling its education plans.
In a short span of time, Cocoplans distinguished itself by offering a suite of pension plans and education plans that fit the needs, preferences and capabilities of a wide spectrum of consumers. It has earned a solid reputation, not just as one of the top companies in the pre-need industry, but as a company that cares for its clients, and its own people.
Part of Cocoplans's secret of success is getting it right the first time. From the features of its products, ensuring a stable investment and great benefits to its clients; to the full computerization of its operations, making transactions convenient and worry-free, the Cocoplans management has always exercised excellent judgement and foresight.
After more than ten years, Cocoplans is now offering a full range of pre-need products. It also has a wide network of business centers nationwide, a stronger financial muscle, and an even more fervent resolve to be THE COMPANY to which the pre-need industry shall be judged.
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