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BACKGROUND

Strengthened through years of tough competition and diligent risk-taking,


Pryce plan emerges as a key player in the Philippine pre need industry. Pryce
plan and its subsidiaries, by the very nature of its business continuously
contribute to the economic growth of the nation through capital formation,
creation of opportunities, job creation, development of resources and taxes
generations and through its direct participation in promotion of health
consciousness and health preventive measures, that redound to a bright,
secured and healthy nation. Pryce plans has weathered the shifting trends of
business cycles, honing its tenacity to endure, its flexibility to survive and its
propensity to grow.
Pryce plans has provided its stakeholders with value for money options that
enhances their interest and profits. Its vision of wisdom and success (VOWS)
educational plan offers flexible pricing and generous benefits such as
payment of actual tuition fees, 40% semestral/annual allowances and 100%
return on installments upon graduation. Its pension plans provide numerous
alternatives which include multiple insurance coverages and cash
redemption values enhancing the protection of their pensioners. It has at its
disposal a dedicated, competent, and customer-oriented team of marketing
professionals that have touched the lives of more than 500,000 plan holders
and their beneficiaries whose future right now bright and secure.
And after years of being competent in industry now, Pryce plan is no longer
existing because of illiquidity, they did not renew its license to sell or offer
pre-need plans to the public by January 2006 the company stated by then
that it continued to operate only for purposes of servicing the requirements
of its existing plan holders and chosen to deal with its maturing obligations
to holders and surrendered plans by giving them the option to avail of the
cash settlement or dacion en pago, provided the consent of the availing plan
holder is secured. Pryce plan offers different variables of insurance to the
public like Pension plan, Educational plan, treasures plan and more.

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