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Franchising Guidelines

Extension of 30 days
Franchise is granted only If business is not may be granted if a
upon submission of the ff: Agent/FSC/Broker closed within the 60 formal request is
complete company has 60 days to day period, advisor’s made 3 days before
information, employee list, negotiate and close franchise expiration date.
desired schedule of benefits the business from expires/terminates and Extensions are
by an Agent/FSC/Broker to the date of will be open to others. subject to evaluation
the DistServices via email to Exception, request for and approval of the
franchise.
corporatecare.ph@fwd.com extension (max of 2) CorpCare Sales
Head.

Franchises are
granted by a on a
Submission of the first-come, first-
following: served basis.
1. Prospect Data Exception to the
Sheet (PDS) rule - if the client
2. Masterlist issues a letter of
appointment/BOR
in favor of
another. 1
Corporate Care NB Process
NB SUBMISSION

PROPOSAL GENERATION Submission of Group


Application and AMLA
documents
PROSPECTING Grant of Franchise 1. All scanned soft copies
1. Distribution Support must be sent to
Services (DSS) to create client corporatecare.ph@fwd.com
Secure Franchise profile in ePrecious for screening & validation*
Submit the following via 2. DSS to confirm grant of * Cut-off – 3:00pm
email to Franchise to the Planner
corporatecare.ph@fwd.com: 2. Subject: New Submission:
3. CorpCare Admin to Company Name
1. Prospect Data Sheet (PDS) generate the proposal via 3. If pending/feedback:
2. Masterlist ePrecious
a. Contact Center shall send
* Cut Off – 2:00pm 4. Once rate has been issued, an email advice (1st 24 hours
CorpCare Admin shall email
Offical Proposal b. Contact Center shall send
an email and SMS (Post 48
hours
4. If complete, application
will be processed 2
Call Centre Hotline
888 8388
Sales Support Guidelines

Packaged Plans Customized Plans


The Distribution Channels will undergo Corporate Care The Distribution Channels will undergo Corporate Care
product training, market positioning, sales process, servicing product training, market positioning, sales process, servicing
and renewal process. and renewal process.

All sales presentations will be performed by the Financial Initial sales presentations will be performed by the Financial
Wealth Planner (FWP) or Financial Sales Consultant (FSC) Wealth Planner (FWP) or Financial Sales Consultant (FSC) . In
cases where an FWP/FSC would need someone to accompany
him with a prospective client; he may then request the
assistance of his Agency Development Manager or Area Sales
Head for a joint-field-work (JFW).

All sales tools, materials and collaterals needed for the All sales tools, materials and collaterals needed for the
FWP/FSC’s sales presentation to prospective clients will be FWP/FSC’s sales presentation to prospective clients will be
readily available & can be downloaded in the portal such as: readily available & can be downloaded in the portal such as:
pre-computed rates, product brochures, and client deck. pre-computed rates, product brochures, and client deck.

An initial JFW can be accomodated by an FWP/FSC’s


ADM/ASH. Subsequent JFWs (presentations and further
negotiations), shall be handled by the Corporate Care Lead
(CCL) together with the FWP/FSC.

All requests for JFW must have at least 3 days notice to the
ADM/ASH or CCL to ensure the latter’s availability on the day
of the scheduled appointment
For closed accounts, new business requirements shall be sent For closed accounts, new business requirements shall be sent
via email to “corporatecare.ph@fwd.com” via email to “corporatecare.ph@fwd.com”
New Business & AMLA Requirements
New business list of requirements for newly closed Corp accounts; These requirements are submitted
after the account has been closed, along with the payment so we can process and issue the policy.

ORGANIZATIONS/ PUBLIC/
SINGLE PROPRIETORSHIP CORPORATIONS/ PARTNERSHIPS
GOV'T ENTITIES
1. Policy Application Form 1. Policy Application Form 1. Policy Application Form
2. SEC Registration or Articles
2. SEC Registration or Articles
2. DTI Registration of Incorporation /Partnership and
of Association and By-Laws
By-Laws
3. Board or Partner’s
3. Mayor’s Permit or Business Resolution stating authority to 3. Trustee’s Resolution stating
Permit (with information on enter into the transaction and authority to enter into the
Official Place of Business and identify who the authorized transaction and identify who the
Contact Details) signatory will be authorized signatory will be.

4. Latest copy of the General


4. Latest copy of the General
Information Sheet (GIS)
Information Sheet (GIS)
4. Photocopy of 1 government-
issued ID (photo-bearing) of the 5. Photocopy of 1
5. Photocopy of 1 government-
Authorized Signatory. Include 3 government-issued ID (photo-
issued ID (photo-bearing) of the
specimen signatures. bearing) of the Authorized
Authorized Signatory. Include 3
Signatory. Include 3 specimen
specimen signatures.
signatures.
Payment Guidelines
New business list of requirements for newly closed Corp accounts; These requirements are submitted
after the account has been closed, along with the payment so we can process and issue the policy.

Pay cash or check using bills payment to


BDO using the following details:
Transaction Type - Deposit
Account Name – FWD Life Insurance
Account Number – 007010038446
Client Name - Registered Name of the Company