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Lifetime Plans | Pacific Plans Inc.

05 Mar 2009

5 Mar, 2009  Finances, Misc. 22,364 views

Disclaimer: This site is NOT connected to the said company, we will not reply as we cannot answer your concerns to the said company so please contact them directly. I hope you get the message. Don’t use our contact form. Thank you for visiting!

My mom and I went to the office of Lifetime Plans, a division of Pacific Plans Inc. this morning to accompany her to file claims. I have been quite worried and waiting for this day for quite some time now since the news broke out about some, if not most of the pre-need plan companies here in the country have been quite shaky with their business.

I have been praying hard that at least we get back what we have invested years ago from hard earned money. This is my first time  so I would definitely be disappointed if I won’t at the least be able to get the amount or cost of money invested for the pension plan which have been patiently paid annually for five (5) years and patiently waited to mature for another five years after full payment. The amount due is not much if one have big plans to spend it with but at least it will be a big help for some other projects. This is not my mom’s first time who has gotten benefits from them for the past years. Good for my mom that at least she has already gotten back what she has worked hard for to invest for.

Lifetime Plans Davao is moving to a new office in Central Plaza Building the one in front of Gaisano Mall Davao starting March 12 if I am not mistaken. Lifetime Plans is no longer owned by the Yuchengcos as I undertood and just found out a few days ago as I searched news about it online. The Yuchengcos have sold their troubled pre-need unit Pacific Plans Inc. (PPI) for P250 million to a group led by investment banker and Asian Spirit Airlines founder Noel O̱ate. O̱ate, who sold Asian Spirit in 2008, owns Abundance Providers and Investments Corporation (APIC). APIC director Rita Linda Jimeno said PPI will do business under a new name РAbundance Providers Entrepreneurs Corp. (APEC).

I hope the planholders, who ever owns the pre-need company now, will be able to get back all the money they have worked hard for in order to pay their plans especially during this time of economic crisis. Now I remember I have to go back there tomorrow to get those insurance quotes and just submit the other requirements.

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22 Responses

  1. irish del castillo

    2009 Apr 01 1

    Where would we find the Pacific Plans Inc here in the Philippines?

  2. Tere

    2009 Apr 01 2

    good day! PPI became Lifetime Plans then now APIC. where are you located in the Phils? will try to find one nearest your location.

  3. elmer

    2009 Apr 21 3

    do you think we can still get our money back? let me know how can i help. thanks!

  4. ves

    2009 Apr 23 4

    thanks for the info., do you know where in Metro Mla. are they located?

  5. Tere

    2009 Apr 24 5

    try this one though am not sure if they are still there.

    Pacific Plans Inc.
    Grepalife Bldg., 221 gen. Puyat Ave., 1200 Makati City
    PO Box 3464 Makati City

    I found this address in their envelope sent to me in 2003. :) hope that helps!

  6. Faisal Sharif Soriano, Cristina F. Soriano, Philippe F. Soriano

    2009 Apr 25 6

    I just want to know what will happen to our Lifetime Plan Insurance.I am worried because we are far from home we are at present here staying in Jordan.Hope to hear from you soon.

  7. ajie

    2009 May 04 7

    san po pwede mpntahan ung offce ng lifetime or number manlang nila

  8. ajie

    2009 May 04 8

    san pwd cla mpuntahan

  9. kristin

    2009 May 07 9

    Hi po,

    I;m also lifetime plans planholder and is now on 5th year of payment, actually i’m worried also what will happen with them if in case, who should we ask for help…

  10. Tere

    2009 May 07 10

    try the PEP coalition they help planholders of troubled pre need plan companies.

  11. Coritico,Melitona

    2009 May 08 11

    I am a lifetime plan holder which are paid by my employer when I worked with them for how many years registered at branch office of Tagbilaran City.This office sending me letter about my plan.Should this office send me any information about the status of my plan,what are the requirements needed to submit and what will be the benefits that i can avail specially this time that i am already old.Is there any benefit that I can claim this time?Please send me information about this matter and please help me avail some of my benefits I need money for my health financial.
    Thank you and I hope for your action as soon as possible.

  12. Tere

    2009 May 08 12

    I suggest you personally get in touch with the APEC office nearest your place. if possible visit their office. From what I know they will continue to send letters for those who still have payments to settle. Regarding claims, I think planholders should take the initiative.

    someone I know who filed a claim for pension fund has been asked to wait for 45 days after filing the claim. it has been more than that about two months have gone by and still no call. no one is answering the phone in the new office. better follow up personally.

  13. rosebelle

    2009 May 09 13

    do you know what the contact number of apec plans? since they bought the pacific plans, no onw is answering the phone, thx

  14. shirley

    2009 May 12 14

    I just visited APEC Plans office awhile ago. Their Head Office in Makati is located at the 18th floor The Peak Tower, its near PBCom Tower Herrera St. fronting Lyceum College of Law, Valero St. You can try this tel. no. 8564050. I hope this info will be of great help. I’m also a planholder and I was not given prior notice of the buy-out between YGC & APEC. I was just informed today. The lady I had spoken with said that the buy-out includes the same employees and the terms & conditions in our plans remain the same..

  15. alice r. trinidad

    2009 Jun 01 15

    I have the same predicament with those who gave comments earlier. First, the unconnected telephone lines that you indicated in your letter to us. It does not represent a truly Customer Action Center because it is unreachable.

    Am from Tuguegarao, Cagayan Valley. Where’s the nearest branch of your office for which I can transact to? The travel cost to and from manila or ozamis city or any where else is additional burden on our part, and we cannot afford. Please bear in mind that this is a peak enrollment period. This is also the time we need the service you promised us before.

    Please email me back. Thank you and looking forward to a harmonious transaction with you under a new management.

  16. sheryl

    2009 Jul 15 16

    hay naku..bat naman gnun me bentahan n pla nganap wla nnman alm ang mga planholders.now what?that’s y no one answers my concern in their email wla n pla lagi failed,hello..panu n nga pla kmi ngaun panu mkukuha ung mga certification ng plan e fully paid n ako…pti ahente wla n alam senyo.knock knock!pls help me!thank you!

  17. cicm missionaries, inc

    2009 Aug 08 17

    We got letter from Abundance Providers and entrepreneurs Corporation informing us that they took over Pacific Plans,Inc. We would like to get their contact numbers in Manila because we have memorial plans with pacific plans

  18. lennie lao

    2009 Aug 18 18

    I just want to know kung meron malapit na opis ang APEC sa pampanga or bulacan

  19. Milagros Mercado Chiu

    2009 Aug 29 19

    Dear Mr. Noel Onate,
    Please advise how to claim my Pacific Memorial Plan should the need arises since Pacific Plans is already another entity called APEC. For those in Cebu City, can the planholder present what your letter. Can you send me a new life plan policy under the name of APEC. You are supposed to send us a new policy, not just a letter of notice dated April 1, 2009.

    Milagros Chiu
    922 B Dapdap Extension, Mambaling, Cebu City/Tel. 032-4105454

  20. joselito telan

    2009 Aug 30 20

    I’m also a planholder of a pension and pepstar from PPI, i’ve been worried that my plans would just be wasted because of the recent news, but i’m still hoping that my plans are intact…in fact they (APEC)continously sending me letters of the status of my plans and also the new company. So i still hope for the best. God never let us down.

  21. ALEX

    2009 Sep 06 21

    may website or email ba ang APEC na pwde ma send yung complaints namin
    thanks

  22. leon

    2009 Sep 09 22

    i just wanted to update my membership on pacific memorial plan,,, with the chiarman mr. noel onate please inform us with the development of our membership…

    the office in olongapo has been close and the office transfered at 18th floor, Peak tower 107 LP Leviste Street, Salcedo Village,makati City, metro Manila. please indicate the office telephone number for us to contact the office……

    we dont know our standing in our membership so please inform us…….