Cocoplans releases benefits

Cocoplans Inc. has released a total of P41.9 million matured benefits during the first half of 2008.

A total of P37.7 million was released to maturing pension planholders while a total of P 4.2 million was released to maturing education planholders.

“Releasing these benefits on time is a testament that Cocoplans is financially strong and we will keep on providing quality service especially during times when they need us most,” Cocoplans president Caesar T. Michelena said. “We will never renegade on our responsibilities because we know how life-changing these benefits are to our planholders and because we have a very good reputation to protect,” he added.

Cocoplans, the pre-need company of the UCPB Group of Companies, is a fourth time awardee as the Most Outstanding Pre-need Plans Provider of the Annual National Consumers Awards.  It is a full complement pre-need company selling fixed value pension, education and life plans.

Cocoplans remains steadfast in assuring the 100 percent release of maturity benefits to the planholders on the day the company had promised.