Requested from IC by I. Canua at 12:55 AM on
Jul 24, 2020.
Purpose: Inquiries, clarifications
Date of Coverage: 07/28/2019 - 07/24/2020
Tracking no: #IC-447802937202
Canua 12:55 AM, Jul 24, 2020
Good day,
Insurance Commissioner Dennis B. Funa said the pre-need company was placed under conservatorship for its “continuing inability” to meet capital and trust fund requirements of pre-need companies under the Pre-Need Code of the Philippines.
After my auntie's death, I am of the beneficiaries to claim the amount as stated in the certificate from the pre-need company in it's matured date in 2022.
I was worried about my auntie's insurance when I heard about this news last July 28, 2019.
It's been a year since the pre-need company placed under conservatorship by the insurance commission.
Canua 12:59 AM, Jul 24, 2020
I would like to know the updates in the conservatorship.
Also, as one of the beneficiaries, I want to know how can I claim the amount early before the mature date in 2022?
Thank you and keep safe.
Ignacio 11:27 AM, Jul 27, 2020
July 27, 2020
Dear Ishmael Sam,
Thank you for your request dated Jul 24, 2020 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Updates on conservatorship in Loyola Plans Consolidated, Inc.
We received your request on Jul 24, 2020 and will respond on or before Aug 14, 2020 12:55:36 AM, in accordance with the Executive Order's implementing rules and regulations.
Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHAsSB0NvbnRlbnQiD0lDLTQ0NzgwMjkzNzIwMgw, for request with ticket number #IC-447802937202.
Thank you.
Respectfully,
Edmar Ignacio
FOI Officer
Espejon 12:00 PM, Feb 23, 2022
February 23, 2022
Dear Ishmael Sam Canua,
Greetings!
Thank you for your request dated Jul 24, 2020 12:55:36 AM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
Your Request
You asked for Updates on conservatorship in Loyola Plans Consolidated, Inc.
Response to Request
In relation to your request, please be advise that, for purposes of efficiency, while we shall be informing the concerned Insurance Commission office about the said request about their claim, it is best that they directly communicate their concerns to:
Atty. John A. Apatan
Division Manager
Conservatorship, Receivership and Liquidation Division
Tel. No. 85238461 loc. 103
Email: ja.apatan@insurance.gov.ph
Your right to request a review
If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by email at rr.mojica@insurance.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.
If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).
Thank you.
Respectfully,
Tranquilino Espejon
FOI Decision Maker
Is this request offensive?
Requests for personal information and vexatious requests are not considered valid requests for Official Information.
If you believe this request is not suitable, you can report it for attention by the site administrators.
