June 28, 2007
NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT
IN THE MATTER OF ETERNAL PLANS, INC., registrant
REGISTRATION/LICENSING OF P148,022,924 MILLION WORTH LIFE PLANS
NOTICE AND ORDER
Notice is hereby given that on June 26, 2007 a sworn registration statement was filed with the Securities and Exchange Commission for and on behalf of ETERNAL PLANS, INC., for initial registration/licensing of securities to be applied to its unsold life plans worth P148,022,924 million. The securities covering 14,802 life plans will be sold at the following gross contract prices based on annual installments.
Payment Max Life 1 Life Max 2 Life Max 3
Term (Life Plan Basic) (Life Plan Advantage) (Life Plan Minimum)
(Year) Minimum 1 Maximum 2 Minimum 1 Maximum 2 Minimum 1 Maximum 2
One P9,468 P94,680 P7,878 P78,780 P8,565 P85,650
Two 10,018 100,180 8,102 81,020 8,900 89,000
Three 10,485 104,850 8,358 83,580 9,192 91,920
Four 11,088 110,880 8,708 87,080 10,208 102,080
Five 12,780 127,800 9,995 99,950 11,135 111,350
Note: Details for other modes of payment are available in the actuarial feasibility study on file with SEC.
Based on the documents...
