Price Increase of Traditional Basic Life Plan & Traditional Value Plus Life Plan

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Price Increase of Traditional Basic Life Plan & Traditional Value Plus Life Plan

SEC-NTD (Order)

February 28, 2007

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Securities and Exchange Commission Departments

SEC Non-Traditional Securities and Instruments Department

Corporate

Price Increase of Traditional Basic Life Plan & Traditional Value Plus Life Plan

SEC-NTD (Order)

February 28, 2007

February 28, 2007NON-TRADITIONAL SECURITIES & INSTRUMENTS DEPARTMENTIN THE MATTER OF PRUDENTIAL PLANS, INC., registrantPRICE INCREASE OF TRADITIONAL BASIC LIFE PLAN & TRADITIONAL VALUE PLUS LIFE PLANORDERUpon consideration of the Petition for Price Increase and its supporting documents filed on February 28, 2007 for and on behalf of PRUDENTIALIFE PLANS, INC., the Commission pursuant to SEC Memorandum Circular No. 3 Series of 2002 rendered effective the following price increases of its existing unsold TRADITIONAL BASIC LIFE PLAN and TRADITIONAL VALUE PLUS LIFE PLAN, subject to the amended term and conditions:  Traditional Basic Life PlanTraditional Value Plus Life PlanTerm of PaymentMinimumMaximumMinimumMaximumSpot CashPhp22,973Php279,177Php33,902Php320,166Two Years23,684287,18234,950330,068Three Years24,417296,71236,033340,275Four Years25,172305,88837,148350,800Five Years25,950315,35038,295361,650 However, the issuance thereof is only permissive and does not constitute a recommendation or indorsement of the securities permitted to be offered for sale. It shall be unlawful to make or cause to be made to any prospective purchaser any representation contrary to the foregoing. aATESDLet this Order be published at the expense of the corporation once in a newspaper of general circulation in the Philippines within ten (10) days from...
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Price Increase of Traditional Basic Life Plan & Traditional Value Plus Life Plan

Tags

Securities and Exchange Commission Departments

SEC Non-Traditional Securities and Instruments Department