June 22, 2006
Cocoplans reports matured benefits

In line with Cocoplans assurance of giving matured benefits on the day of maturity, the company declared, in a recent report, the amount of the maturity benefits issued for the year 2004 and 2005. The company released P16,330,000 for pension and P395,000 for education in 2004 while P36,220,000 for pension and P325,000 for education were released in 2005. Cocoplans is the preneed company of the UCPB Group established in 1994. It sells fixed value education and pension plans. The company is also a two-time Most Outstanding Pre-Need Plans Provider awardee from th Consumers Union of the Philippines. Cocoplans remains steadfast in assuring the 100 percent release of maturity benefits to the planholders on the day promised, as it prepares three months in advance for the maturing plans. It has never sold traditional education plans since its inception.

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