Any update on College Assurance Plan (CAP)?

Sponsored Links

What’s the latest on CAP or College Assurance Plan, the failed pre-need firm that left millions of Filipino pension and educational plan holders with nothing when it went down several years ago?

That’s what a few PMT members want to know in the discussion thread CAP Insurance, any experience?

Member foolcha said that CAP Pension is still liquid with enough assets in cash while the CAP Educational Plan has assets but are mostly illiquid, which means they cannot be easily converted to cash. Both CAP Pension and CAP Educational Plan are being managed by a trustee under the supervision of the Securities and Exchange Commission (SEC).

Another member, Langerhans, shared that a friend supposedly was able to get small amounts of refund on a staggered basis from CAP. Unfortunately, no additional details were provided.

Were you a CAP policy holder? How did you cope with the collapse of this pre-need firm? Have you received any refund or repayment for your policy? Or do you have any official updates on CAP?

Join the discussion here: CAP Insurance, any experience.

  • http://www.jal5aFrUDijal5aFrUDi.com/jal5aFrUDijal5aFrUDi Martin Kincy

    Do you accept “applications” for official letter writers?

  • Nikki Mier

    1yr old plang ako and my parents fully paid us sa CAP. Me and my 2 older siblings have become professionals now and we NEVER got to enjoy a single benefit from them! x( what should I do?? :(

  • marilou vasquez

    HELLO MISS MARIA PWEDE KO PO BA MALAMAN KUNG MAKAKAREFUND KAMI SA CAP ,, MATAGAL NA PO AKONG FULLY PAID,, GRADUATING NA LANG ANG ANAK KO.. PLEASE PO PAKI INFORM PO KAMI KUNG ANO GAGAWIN AT ANONG REQUIREMENTS..
    SFA ACCT. NO. 62-86-05-01-A0327, MARILOU LAMADRID VASQUEZ PO ANG PLAN HOLDER … SALAMAT PO….. GOD BLESS …SANA PO SAGUTIN NYO AKO .. MY CONTACT NUMBER 09083307520… PLEASE ANSWER ME PO…

  • arlyn dungca garcia

    ask ko lang 2 years na kong nag pass ng requirements wala pang up date kung maka refund ako o hindi

  • Karen Soneja

    2012 pa dapat ako nagsimulang gamitin ang CAP educational plan ko pero hanggang ngayong graduating na ako ay wala pa rin akong natatanggap ni isang kusing mula sa inyo. Ito po ang contact no. ko, 09303999080. Sana naman po ay mkatanggap ako ng magandang balita mula sa opisina niyo sa lalong madaling panahon.

  • Gracey Romarate

    Its now 2015, and I’d like to ask for any development/status of my daughter’s education plan??? We have already submitted all the documents required to claim and avail of the plan more than 5 years ago. Unfortunatelly, todate we have not received any news about CAP.Hindi ko alam kung pati konsensya ng mga empleyado at ng ating gobyerno ay natangay na rin kasama ng aming pera.Tuluyan ng hindi nakapag-aral ang anak ko dahil dito.Sana naman po,meron ng magandang balita sa inyo after the rehabilitation.The beneficiary’s name is BIANCA ANGELIQUE R. ANONUEVO and here’s my contact number: 0916-6464-523.I would really appreciate any help or assistance regarding our claim. Thanks much….