The first PH Insurance company to joint Private and Cooperative sector
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Cosmopolitan Climbs Life Plan Inc Launch |
Many Insurance(life and non-life) company has had been in the financial/memorial industry in PH but some of them aren't existing now and fail to keep their promises.
Maybe this is one of the reasons for why Filipino has this stigma of avoiding or cold when it comes to the topic of "insurance."
And due to this also tends to the dominance of an insurance(life) company here in the Philippines with no level-competitor which leaves unfavorable to the Filipinos because we will be having no other better options
And due to this also tends to the dominance of an insurance(life) company here in the Philippines with no level-competitor which leaves unfavorable to the Filipinos because we will be having no other better options
This is one of the things Cosmopolitan Climbs Life Plan Inc (CCLPI) considered in creating this new company to insure Filipinos financially and to provide them good might as well better "Pre-Need Insurance Plan"
Cosmopolitan and CLIMBS
Cosmopolitan Climbs Life Plan Inc. was a merged company of the two reputable companies in what they do business -- Cosmopolitan Memorial Chapels and CLIMBS Life and General Insurance Cooperative -- Cimbs was established in 1971 and focuses on mutual protection for coop member and was able to build up a name for them while Cosmopolitan Funeral Homes has been in business since 1950 and has provided better service for thousands of families when their memorial needs.
In line with this merge, both parties from Cosmopolitan Memorial Chapels and CLIMBS, believe that this is a right formula to provide even better Insurance plans whether Life or Non-Life, than ever before!
This merging was approved by the Insurance Commission (IC) in fact CCLPI launching was commenced by Insurance Commissioner Dennis Funa.
“It is now time that the private sector and the cooperative sector can join forces. We aim to serve the marginalized sector or the grassroots. And with the synergy, we know that there is no room for failure,” said Mr. Fermin Gonzales, CCLPI Group Executive Officer.
“Let me just express my sincerest thanks that a private sector and cooperative have merged together. And our promise to the buying public is to make sure that we give them protection not only now but in the years to come,” said Renato Dychangco, Jr., chairman of CCLPI.
CCLPI Presscon
Cosmopolitan Climbs Life Plan Inc. (CCLPI) Life Plan Services
Here are the proposed Life Plan Services of CCLPI, it is still for approval of Insurance Commission the soonest so most likely this will be official soon:
- Availability of service on a 24-hour Basis with just ONE PHONE CALL
- Retrieval of body from place of death using service vehicle of Mortuary
- Assistance in documentation requirements i.e. processing of death certificate and burial permits (fees, if any, not included)
- Embalming services – sanitation and preservation of the body using local chemicals
- Provide professional cosmetological care to details of appearance
- Provide casket based on CLIMBS Life Plan option chosen
- Viewing equipment and paraphernalia: 1 standard set of viewing lights, casket stand, announcement board and carpet
Four (4) Standard CLIMBS Life Plan Packages:
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- 30,000 CLIMBS Life Plan Package
- (Php 470.00 per year) Casket – factory manufactured, pacific stucco, WOOD, HALF GLASS, #44 bronze corners and handles, standard size with inside dimensions of L – 172 cm., W- 50 cm., H – 24 cm. Viewing or Vigil – 3 days in NON-AIR CONDITIONED CHAPEL of servicing mortuary or residence, social/barangay hall, church/temple within 25 km radius of servicing Mortuary.
- 50,000 CLIMBS Life Plan Package
- (Php 700.00 per year) Casket – factory manufactured, WOOD, FULL GLASS, #44 bronze corners and handles, standard size with inside dimensions of L – 182 cm., W- 53 cm., H – 24 cm. Viewing or Vigil – 3 days in NON-AIR CONDITIONED CHAPEL of servicing mortuary or residence, social/barangay hall, church/temple within 25 km radius of servicing Mortuary.
- 80,000 CLIMBS Life Plan Package
- (Php 1500.00 per year) Casket – locally factory manufactured, METAL, HALF GLASS, single cover, local corners and handles, standard senior size with inside dimensions of L – 186 cm., W- 55 cm., H – 38 cm. Viewing or Vigil – 3 days in AIR CONDITIONED CHAPEL of servicing mortuary or residence, social/barangay hall, church/temple within 25 km radius of servicing Mortuary
- 100,000 CLIMBS Life Plan Package
- (Php 1800.00 per year) Casket – locally factory manufactured, METAL, FULL GLASS, single cover, local corners and handles, standard senior size with inside dimensions of L – 186 cm., W- 55 cm., H – 38 cm. Viewing or Vigil – 3 days in AIR CONDITIONED CHAPEL of servicing mortuary or residence, social/barangay hall, church/temple within 25 km radius of servicing Mortuary
Other Provisions
- Applicant/client must be in Good Health
- You must be between 18-69 years old
- You will need NO Medical Underwriting
- Six (6) Months Contestability Period
- Only (1) policy per person (multiple Policy not allowed)
- Un-rendered Service pays 100% of CLIMBS Life Plan package.
- It is a nationwide 24/7, 365 days-a-year quick-service response facility.
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- For more Information about Cosmoplitan Climbs Life plan Inc:
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