Cocoplans | FAQs

· United Coconut Planters Bank
· United Coconut Planters Life
Assurance Corp.
· UCPB General Insurance Co.
· United Coconut Chemicals, Inc.
· CIIF Oil Mills

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SPECIAL TRANSACTIONS

Can I transfer my pension plan?

Yes you can, as long as the plan has not lapsed/is active at the time of transfer. All the provisions of the pension program will remain the same but the transferee (new applicant) will have to be subjected to insurance underwriting and a contestability period of 1 year.

All you have to do is submit the following requirements to the Cocoplans business center near you:

Filled out Deed of Transfer Form
New Application Form filled out by the transferee (new applicant)
Original pension/education program policy
P280.00 processing fee

Is it possible to change any information on my plan?

Yes it is. The changes are limited to information such as your name, birth date, address, civil status, sex, occupation and beneficiaries. This can be done anytime as long as your plan has not lapsed. Just fill out an Amendment Form and submit it to the Cocoplans business center near you. We will notify you once the change has been made in our system.

Can I change the mode of payment on my plan?
Yes you can, as long as your plan has not lapsed. All you have to do is submit the following requirements to any Cocoplans business center near you:

Filled out Application for Reinstatement/Change in Mode of Payment form
P280.00 processing fee

What should I do if I lose my policy?

Report the loss immediately to our head office. You will also have to submit the following:

Affidavit of Loss (available at any Cocoplans business center/Head Office)
P280.00 processing fee

Once your report has been processed, you will receive a certified true copy of your policy together with an endorsement from us.

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