Registration/Licensing of P1 Billion Worth of Life Plans

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Registration/Licensing of P1 Billion Worth of Life Plans

SEC-NTD (Notice and Order)

April 11, 2005

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Securities and Exchange Commission Departments

SEC Non-Traditional Securities and Instruments Department

Corporate

Registration/Licensing of P1 Billion Worth of Life Plans

SEC-NTD (Notice and Order)

April 11, 2005

April 11, 2005NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENTIN THE MATTER OF PRUDENTIALIFE PLANS, INC., registrant.REGISTRATION/LICENSING OF P1 BILLION WORTH OF LIFE PLANSNOTICE AND ORDERNotice is hereby given that on March 10 and 31, 2005, a sworn registration statement and the supporting documents were filed with the Securities and Exchange Commission for and on behalf of PRUDENTIALIFE PLANS, INC., for the additional registration/licensing of P1 billion worth of life plans to be sold at the following contract prices based on annual installments per unit of Basic Plan Value (BPV):Term of  Flexi Plans   PaymentFlexi Basic Flexi Value PlansFlexi Premium(Year)Minimum 1Maximum 2Minimum 1Maximum 2Minimum 1Maximum 2SpotcashP1,129P1,288P1,239P1,394P1,900P2,150Two1,1641,3281,2781,4381,9462,132Three1,2001,3681,3171,4821,9712,163Four1,2361,4121,3601,5282,0362,232Five1,2751,4551,4001,5752,1002,300      Term of  Traditional Plans  PaymentTraditional BasicTraditional Value PlansTraditional Premium(Year)Minimum 3Maximum 4Minimum 3Maximum 4Minimum 3Maximum 4SpotcashP22,128262,206P29,480P289,185P37,408P354,113TwoP22,812270,31630,392298,13038,564365,064ThreeP23,517278,67631,332307,35039,759376,356FourP24,244287,29632,300316,85640,988387,996FiveP24,995296,18033,300326,65642,255399,995      Term of  Cremation Plans  PaymentCremation BasicCremation Value PlansCremation Premium(Year)Minimum 5Maximum 6Minimum 5Maximum 6Minimum 5Maximum 6SpotcashP19,224P27,572P20,282P29,090P46,717P60,253Two20,32428,79621,52630,45248,16262,116Three22,44930,87324,07233,02149,65064,038Four26,25233,86828,70436,89651,18866,020Five31,11541,24032,70045,33052,77068,060 Note: The other modes of payment are disclosed in the actuarial study on file with SEC.Based on the documents filed, the following persons appear to be its officers and directors:NamePosition  JOSE L. SANTOSChairmanJOSE ALBERTO T. ALBADirector/PresidentANTONIO A. PICAZODirector/Corporate SecretaryANTONIO P. GATMAITANDirectorFRANCISCO T. ALBA,...
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Registration/Licensing of P1 Billion Worth of Life Plans

Tags

Securities and Exchange Commission Departments

SEC Non-Traditional Securities and Instruments Department