March 14, 2006
Cocoplans launches new Life Plan

Two-time Most Outstanding Pre-Need Plans Provider awardee Cocoplans, gets the green light from the Securities and Exchange Commission (SEC) to sell 200million worth of its newest product, the OptiMax Life Plan,as stated in a certificate from the SEC issued last December 27,2005 with permit and order number 449.

The Cocoplans OptiMax Life Plan, the result of a careful and meticulous refinement and study, is currently being billed as the company’s best product. It aptly stands for Optimum benefits with Maximum coverage.

“We envision our new product, the OptiMax Life Plan, as a new avenue for us to render outstanding service to the Filipinos. As always, it is what is beneficial for the planholders that is ultimately on top of our minds in each of our products. We believe that the Filipinos deserve no less than our absolute commitment to make their lives a little better,” said Cocoplans President Caesar T. Michelena.

OptiMax is geared to provide the comfort of an assured source of funds as well as professional and personalized memorial services, when, where and how they are needed. It is a fixed value Life Plan and is available in seven different packages.

The product is equipped with several features which include Memorial Service Benefit, Initial Expanded Benefit, Cash Difference Benefit, Living Benefits, comprehensive Insurance Benefits and personalized professional administration of memorial services. It further safeguards the planholder against inflation with its Yearly or Annual Increment feature.

With the OptiMax Life Plan, the planholder is also given the option to avail of six Insurance riders including Group Credit Life Insurance, Accidental Death and Dismemberment, Waiver of Installment Due to Total and Permanent Disability, and Personal Accident Family Cover among others.

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