Thanks 4 the info, I already check it, pero wala pa jud ang sa akong sister, hapit na mu due ang premium refund, hopefully makabayad ang CAP. More of insurance ang Generali but they are also governed by SEC sa pension plans nila, hapit na i-under sa IC those selling pension plans or pre-need.
Our philippine business system worries me, ako lang mabawi nako mao ra jud.

Originally Posted by
lorenzoleo
@Raikage yes I understood your point ug imung na feel, I was also a CAP plan holder before but wala na human kay ni bunkrupt. Dili man gud kaayo regulated ang Pre-Need unlike the Insurance industry na highly regulated jud. Nag uli baya ug cheque ang CAP. Naka dawat nako, then ako dayon gibutang sa akong Mutual fund. Tanawa sa ilang website. Naa may names didto gi lista.
CAP Education tanawa sa ilang website bro basi naa imu name. Look under
List of CAP Planholders with Unclaimed Checks
Kasagaran nag bunkrupt kay mga pre-need industries (CAP, Pacific plans, Legacy[which turned out to be a ponzi]). SEC ra man gud ang nag regulate. Unlike sa Insurance kay aside sa SEC naa pay Insurance Commission nag regulate. Kung HMO kay DOH nag regulate.
Note to inform the public : Insurance is not a pre-need. Most people equated or generalize Insurance as Pre-Need which is not correct.
Ayaw lag kabalaka sa imung Generali Insurance, mauli.an ra lagi ka ana nila.
Therefore, everything has it's risk, even our lives is always at risk, we can't predict. Even if we just place our money at home, it is very risky(risk makawat, risk ma gasto tanan). Even we go business it has also it's risk, even we have stable jobs it is still risky that your company will close anytime.
Mao ng para ma spread ug ma minimize nimu ang risk, spread all your investments into several baskets. Para kung ma lugi ang usa, daghan pakag baskets.