Tuesday, April 22, 2014

Is Philippine Prudential Life Insurance Company Inc's (PPLIC) LABB PLUS Refundable?

As of April 22, 2014 at 12:16 a.m., someone was kind enough to post these comments in "STOP Buying Philippine Prudential Life Insurance C...". Latest update was on December 1, 2014.

I'd like to personally thank Theresa, dimakahindi, and the other Anons for keeping us updated and informed regarding their request for a refund on Philippine Prudential Life Insurance Company Inc's LABB Plus.

PLEASE READ THROUGH THE COMMENTS BEFORE ASKING HOW THEY CANCELLED THEIR LABB PLUS. NANDYAN LANG LAHAT NG HINAHANAP NYO.
Anonymous has left a new comment on your post "Is Philippine Prudential Life Insurance Company In...":

Hi guys, naibalik na sakin yung LABBPLUS worth 4500! Pinacancel ko xa Oct. 21 then cancelled na xa ng Nov. 3, hinintay ko lang yung bill just to make sure na wala na nga xa, tsaka wala po akong processing fee, yung iba kasi may nababasa ako na hihingan daw nun.. Ayun, share ko lang, Happy kasi ako eh.. hehe sana maibalik din nila agad yung mga nakulimbat nila sainyo.. Basta agapan nyo lang po, tas kulitin nyo sila ng kulitin para maicancel at maibalik na pera nyo...

-dimakahindi-


Posted by Anonymous to Digital Brew at December 1, 2014 at 11:10 PM

***** 
Anonymous has left a new comment on your post "Is Philippine Prudential Life Insurance Company In...":

Hi Haopee, naibalik na po sakin nung Nov. 3 pa, hindi na nirequire ng bank na magsend ako ng kahit anung docs sakanila, kasi 100% sure na cancelled na daw yun! at wala pa processing fee..ayun napakasaya ko lang.. hehe salamat sa tulong po nyo :)


Posted by Anonymous to Digital Brew at December 1, 2014 at 11:17 PM
***** 
Anonymous has left a new comment on your post "STOP Buying Philippine Prudential Life Insurance C...": 
I had my Endownment plan and LABB PLUS cancelled yesterday. Thank you for all the tips I got from this blog. Sa mga na biktima din ng PPLIC, check nyo lang lahat ng comments and mga links na meron dito sa blog, sobrang helpful. Another tip pag magpapacancel kayo always have a back up whether if it is your parents, close friends and relatives. Makakatulong sila sa iyo lalo na pag pinag aralan din nila yung mga policies sa contract mo. Tandaan nyo MAY LABAN KAYO! Wag kayo papadala sa non refundable na LABB PLUS na yan kasi hindi totoo yan. May 15 day grace period ang bawat policy ng insurance. NASA BATAS NA YAN. Hopefully makuha ko na within 30-45 days yung pera ko. hindi ako papayag na hindi nila ibibgay lahat. Just make sure na nakuha nyo ung statement of account ng both endownment and LABB plus plan nyo, photocopy nung letter of cancellation na ginawa nyo kasama yung written confirmation na nagsasabi kung kailan mo makukuha yung pera. Mas maganda kung papa photocopy nyo ung ID nung kung sino mang kumakausap sa inyo. Kung sila nga nakakapag request ng id nyo para pa photocopy paano pa kaya tayo d ba? MORE POWER SA BLOG NA ITO! 
Posted by Anonymous to Digital Brew at June 25, 2014 at 9:06 AM
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Anonymous has left a new comment on your post "STOP Buying Philippine Prudential Life Insurance C...":

Guys, narefund din yung LABB+ at endowment ko. so may pag-asa. Sasabihin talaga nila na hindi refundable yung LABB+ (kasi yung endowment may 15-day look out period). Kaya magsesend kayo ng letter of reconsideration for cancellation sa email nila (lagay nyo yung reason. yung akin kasi hindi ko alam na may rider na kasama in the form of LABB plus yung ENdowment ko. so bayad ko na bago nila inexplain na non-refundable yon. so sabi ko this is a violation of contract kasi may concealment silang ginawa). Sa head office yon. i-cc nyo na lang din yung email nyo sa insurance commission (nasa site nila yung email add nila). Anyway, after nyo magsend ng letter tumawag kayo sa main office nila (wag mainip kasi sobrang laging busy. redial lang ng redial). iconfirm nyo sa head office nila kung natanggap nila yung inemail nyo. after non, follow-up lang kayo lagi (by phone lang ako kasi may trabaho ako.) then, tatawag sila sa inyo kapag cancelled na yung plan. Papupuntahin nila kayo sa branch kung saan kayo nag-avail to surrender yung documents. DOn't forget to get your SOA na may nakalagay na cancelled with refund. Yun nga lang may bawas na P250 pesos yung ibabalik nila. after nyan w8 kayo tas follow up lang ulit kasi natagal bago nila naibalik yung akin. around 20 working days (meaning di pa bilang yung Sat at sun plus holiday). so sobrang tagal.

Posted by Anonymous to Digital Brew at May 27, 2014 at 5:18 PM
*****
Ang time line ko ay, March 21 nag-avail ako. March 22, nagpacancel ako then send ng email of cacellation for LABB plus. Then follow-up na lang sa head office every two days. April 1, nakatanggap ako ng tawag na okay na. Cancelled na yung LABB PLus. May 5 ata o 8 naibalik yung pera ko (ang tagal). As for my endowment cancelled na agad sya nung March 22 pa lang pero nabalik pera ko around May 23-25 ata.
Posted by Anonymous to Digital Brew at May 27, 2014 at 5:22 PM 
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Anonymous has left a new comment on your post "STOP Buying Philippine Prudential Life Insurance C...":  
Hello! This is Antonette. PPLIC called me last night and told me that they already cancelled my LABB Plus. I just have to return the documents they gave me when I bought the plan. They told me that there is a Php 250.00 processing fee so Php 4250 would be returned to me. They told me that my money will be returned after 30-45 days.I told them it's okay as long as I can have my money back. After office, I'll go there to return the documents. 
I don't know how they were convinced to cancel my plan. I just gave them a cancellation letter 6 days after I bought the plan. It stated in my letter the rights I have as their client according to the Insurance Code. I even mentioned Title 4, Sections 26-27 which they violated. Maybe they found my reasons valid and was convinced to cancel the plan even though their contract stated that it was non-refundable. 
Posted by Anonymous to Digital Brew at April 30, 2014 at 11:42 AM
***** 
Anonymous has left a new comment on your post "STOP Buying Philippine Prudential Life Insurance C...": 
hi haopee, just want to update u that i got my labb plus refund amounting to 4250php last april 12. ~theresa 
Posted by Anonymous to Digital Brew at April 21, 2014 at 4:04 AM
***** 
Anonymous has left a new comment on your post "STOP Buying Philippine Prudential Life Insurance C...": 
hi all, just want to update u that i got my labb plus refund amounting to 4250php last april 12. ~theresa 
Posted by Anonymous to Digital Brew at April 21, 2014 at 4:00 AM
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Anonymous has left a new comment on your post "STOP Buying Philippine Prudential Life Insurance C...": 
hi all, Theresa here.. i have received an email from IC, they sent a letter to pplic requesting for refund on my behalf kaso tagal bago sila ngsend. then i just got my labb plus refund amounting to 4250 last april12. keypoint to get this is be firm na IC said this is refundable, its better kun sabay sabay kayo punta sa HO ng PPLIC wag sa SM north ave. okay din na lahat kau punta sa office IC nang makita nila ganu karami ang biktima. 
Posted by Anonymous to Digital Brew at April 21, 2014 at 4:35 AM

***** 
Anonymous has left a new comment on your post "STOP Buying Philippine Prudential Life Insurance C...": 
i just got my labb plus refund last april12. it took them more than a month to give it back... ~theresa

Posted by Anonymous to Digital Brew at April 21, 2014 at 4:13 AM 

So there you have it. I hope this answers the question of whether LABB Plus is refundable or not. 

108 comments:

  1. what am I going to do to refund my labb plus??

    ReplyDelete
    Replies
    1. Hi everyone. Please refer to the post entitled "Stop Buying PPLIC Plans". The link is located at the article itself. May mga comments dun sa baba where nag iwan yung ibang complainants ng numbers nila. You could text them or contact them para sabay sabay kayong mag file ng complaint sa IC.

      Strength in numbers.

      Delete
  2. ako rin poh want ko ma refund ung labb plus ko...help namn poh jan kung paano plssss :(

    ReplyDelete
  3. gawa ka ng cancelation leter sulat mo pina ka valid reason.pag dinila tangapin punta ka ic,tapos ang ic tatawag sa main office sa concern mo at pbalikin ka nila sa branch kung san mo na avail ang lb plus daw.naa sekaso konayan wait daw ako 30 to45 wrking days.

    ReplyDelete
  4. nag pasa ako ng cancellation letter with back up letter of appel para sa ic kung di nila tanggapin ang leter of cancellation merun mga names ng agent nila at naka indicate dun na kung pano nila ako pina decisyun after presentation in 45 munits dun yan sa letter of apeal para sa ic.

    ReplyDelete
  5. Guys please help. Gusto ko din marefund ang labb plus ko. I just bought it yesterday but parang di talaga ako komportable. Paano ba gumawa ng letter of cancellation? Need ba notarized talaga? Feeling ko kasi o was pressured to make a decision right then and there after the almost 2 hour presentation. Help naman please :((

    ReplyDelete
  6. hello every body na cancell na po yung llab plus ko binigyan ako ng statement of account stated their cancel with refund.yung naka dcisyun agad na gsto mag refund ng llab plus nyu.mag submit kayo ng letter of cancellment.kasi may grace period po tayo ng 15 days according to insurance commision.sa 15 days nayan sapat tayo mag isip kung patoloy natin o hndi.dapat naka stated nyu dun ang reason bakit nyu pa cancel.30 to 45 working days po yan ma refund.

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  7. kapon pa ko na confirm yung cancel with refund yung llab plus ko worth 9000.kahit matagal ok lang basta maebalik lang.

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  8. date: May 15, 2014

    Phil. Prudential life insurance.
    adress ng branch.

    Re: Cancellation of life Insurance policy Number:GYRT ????


    I am sending you this written of noticed to request cancellation of my policy contract ( ???? ) LLAB plus effective this day may 14, 2014.i apreciate you sending me a written confirmation.

    state dito ang reason nyu bakit pa cancell.short lang.

    please refund initial payment 9000php.

    i wish to discontinue the policy as i am no longer interested with the benefits and coverage.

    sincerely,

    name and signatre.

    ReplyDelete
  9. kahit mag sabi sila na naka lagay dun nun refundable.wag kayo maniwala sa kanila.empleyado lang sila tawag kayo sa ic at kunin nyu yung name ng agent kung d nila tinanggap ang cancelation leter.sinabi nila yan na hndi na pwedi ma refund.baka kasi mahena loob nyu maniwala pa kayo.insist nyu may 15 days grace period sabi ng ic.

    ReplyDelete
  10. hindi na kailangan pa notarized.wag kayo maniwala na non refundable yan kahit naka lagay pa yan dun sa policy nila.sinabi nila yan baka maniwala pa kayo na refundable tama sabi nya na sabi ng insurance comission may grace period pa tayo mag isip.di lang nila sinabi sa atin nung nag swife gamit ang atm natin.tsaka lang nila pinakita pagkatapos ng swife na nun refundable cya.dapat sinabi nila na may 15 days na pwedi ma cancel kung interested talaga tayo.or tawag kayo sa main branch nila.

    ReplyDelete
  11. Hello everyone, thank you for your comments. Dahil sa mga shineshare nyo, marami na ang natutulungan natin. Thank you so much. Please continue to share your tips and experiences. Let us veer towards helping our fellow Filipinos.

    ReplyDelete
  12. Hi..actually ngkuha rin kami ng labb plus kahapon. Papacancel sana kami kanina pero hindi nla tinanggap yung letter of cancellation namin. Sabi hindi pwedeng ma.refund ang labb plus like regular/endowment life plan. She pointed also that we have signed the declaration which indicates a non-refundable. May we ask for any help on how to go about this? We're from cagayan de oro city.

    ReplyDelete
    Replies
    1. Hi! We're on the same page. I'm actually having trouble as to how to end this. Will you text me at 0917-514-8502? I'm also from CDO.

      Delete
    2. Hi Anon... Sorry, I just read your message. The good news is hindi pa kayo lagpas ng 15 days grace period.

      Secondly, if naswipe na yung card mo bago ka nila nainform na non-refundable sya, you could contest na that is a form of consumer deception. If nabasa nyo po yung buong blog post, you will see this comment from another Anon. " It stated in my letter the rights I have as their client according to the Insurance Code. I even mentioned Title 4, Sections 26-27 which they violated. Maybe they found my reasons valid and was convinced to cancel the plan even though their contract stated that it was non-refundable."

      Third, pag di pa rin nila tinanggap yung letter mo, ask assistance sa Insurance Commission. Be firm and good luck.

      Delete
  13. na refund na po yung llab plus ko worth 9000,minus sa procesing fee na 250

    ReplyDelete
    Replies
    1. hi po. paano po nyo narefund? ung sa akin po di na dw po pwede marefund. 9k din po binayad ko. tapos nagemail ako ng cancellation letter sa PPLIC cc ang insurance commision. nagreply po PPLIC na non refundable dw po.

      Delete
  14. Thank you sa information po.

    ReplyDelete
  15. oh well, new victim here. kanina lang sa sm southmall. paid 13,500 for that LABB Plus policy via BDO debit. i felt from the start na alanganin tong company na to but i still took the bait. hope to get some help from you guys.

    ReplyDelete
    Replies
    1. Hi. Hope naprocess nyo na po yung cancellation nyo. Check out the post and some of the comments on this blog tsaka sa Battle with PPLIC na article. Marami din kasing mga comments dun na nag eexplain kung anong mga steps ginawa nila para macancel nila.

      Delete
  16. panu po kung nung last january 7 pa ko nagavail ng LABB PLUS na yan...9000 total na binayaran ko...d ko na po ba puede irefund un?tnx po....

    ReplyDelete
    Replies
    1. Lagpas na po kasi sya ng 15 days, kaya baka di na marefund. Kaya nga parang unfair sa mga naunang kumuha kasi refundable pala pero they failed to disclose this information (or they lied to the consumer by saying it was actually refundable). You can try asking about it sa IC.

      Delete
  17. thanks HAOPEE sa info...pro wla kasi ako time pa na magpunta pa sa IC or sa PPLIC pra icancel ung LABB ko..kung iclose ko nlang po kya ung account ko sa BDO posible po bang iautomatic cancel na ng PPLIC ung LABB ko kc d nmn na ako nagbabayad na?or puede ko po ba sabihan ang BDO not to allow PPLIC na magkaltas sa savings ko?tnx po

    ReplyDelete
    Replies
    1. Well, masmaganda pa rin talaga pag naterminate mo sya officially. Kasi baka magkalegality problems ka sa bandang huli. As for your savings naman, you can inform BDO na i-unauthorize na yung pagkaltas ng PPLIC, pero they might require you go to PPLIC pa rin.

      Delete
  18. update lang po. i got my 13,500 back last aug 4.refund yun ng LABB plus. it took almost a month but at least nai-balik. ang wierd lang na may bigla akong natangap na text na may free gift kuno na reward package from PPLIC that i could claim until aug 9.i wasn't interested kaya di na ako nag-reply.baka panibagong patibong na naman nila yun.anyway, happy na ako.i really can't trust this company anymore kahit gaano pa sila ka-legitimate.

    ReplyDelete
    Replies
    1. Hayaan mo na yung text na yun.

      I'm glad you finally got your refund. There's always hope, as long as we don't give up.

      Delete
    2. ung sa akin po na Labb plus ayaw na po i refund ng 9k na binayaran ko. nagemail po ako ng cancellation letter nagreply po ang PPLIC na non refundable dw po. help nman po. buti ung sa inyo naibalik

      Delete
    3. Sinasabi talaga nila na hindi pwede irefund yung LABB PLUS but the truth is there is no such thing as no refund sa insurance policy as long as you follow the grace period.

      Mas maganda sana kung may sinama ka na relative mo(yung tipong papatay ng tao yung mukha). Na intimidate ka siguro kaya hindi mo na pinaglaban.

      Habang hindi pa lagpas 15 days mo habulin mo pa. Kaya pa yan. Kung ako nga na refund ko yung labb plus ko eh paano pa kaya ikaw hindi ba?

      Tiwala lang :) - brian

      Delete
  19. ako last month lang po nag avail. gusto ko na rin ipacancel. 9k po ang LABB plus na na avail ko. pls help nman po how to refund.thanks

    ReplyDelete
    Replies
    1. Basta pasok pa po sya sa 15 days na look-up period, you should immediately drop by the PPLIC office to have it cancelled.

      Delete
  20. nagemail na po ako ng cancellation letter. here is the answer from PPLIC.

    Greetings from Philippine Prudential Life Insurance Company, Inc (Philippine Prudential).
    Many thanks for your email
    We deeply regret to inform you that your cancellation would be without refund. Your policy will remain active and you will still be covered for insurance for one year from the date the policy was availed
    Should you need more information on this, please feel free to call our Customer Service Hotline at +63(2)-902-2300 or e-mail us again.

    ReplyDelete
    Replies
    1. When po kayo nagpacancel? How many days has it been since you first agreed to the policy? What is your policy? Nag-email ka lang ba or nagpunta ka talaga sa PPLIC?

      To be honest, I don't know how long the LABB Plus look-up period is, but most of the comments here suggest na basta pasok po sa 15-day look-up period yung plan nyo e.g. as of posting this message, you signed your policy within the dates August 2-15, then dapat pwede yan.

      Delete
    2. Hi, I have a friend po na may Endowment Policy ng PPLIC.Last May 15,2013 po yung effectivity so mga 45k plus na po contribution nya thru credit card up to date. He is in Canada. He called yesterday sabi po ang cash surrender value nya kung kukunin nya dahil almost one year na is 7,000.Please advise us po.

      Delete
    3. I have seen their sample Endowment Policy contract. Insurance amount lang is 175,000 na makukuha mo as living benefit after 15yrs (Maturity Date) which is napaka baba versus sa amount na binayaran mo as Initial Premium. Sa initial Premium estimating 23,107 plang pede kana makakuha ng worth 500K Life Insurance with Disability 500K and Critical Illness 250K benefit.

      Delete
    4. Ouch. Anlaki nung kinaltas nila sa friend nyo po. Bat 7k lang? Pero kung sa bagay, kahit 39k yung binayaran ko, my endowment policy was about 1.5 years old na... kaya about 1/3 yung equivalent cash value nya. Sadly, we can't change the amount na makukuha ng friend nyo po. It's a very very expensive financial lesson. Ganyan kasi yung patakaran nila for termination.

      Before they had me sign, they showed me their cash value chart. I computed it and based my decision on that... it was very low but I thought it was a risk worth taking because I didn't know better. I think it would be best for your friend to terminate his plan, but there are others who still continue with theirs.

      And I totally agree with you. Ang baba ng ROI nila. That's one of the reasons na I was a little disappointed with the plan. Of course, the main reason that I still terminated is because I couldn't afford continuing it.

      Delete
  21. ayaw na po ipacancel and ma refund kc non refundable dw po. hay. grabe. paano ko kaya maiblaik ang 9K na binayaran ko?

    ReplyDelete
    Replies
    1. I'm sorry to hear this. Please make sure na pasok po sya sa 15-day look-up period. Basta, if bago pa lang sya nakuha (e.g. less than a week), you should be able to have it refunded. Tawag po kayo ng I.C. Most of the people who got their refunds went to the PPLIC office talaga (yung iba nga, pumunta pa ng IC to get more information). As mentioned, if pasok pa sa 15-days, call I.C. and ask for assistance. Kahit lang makakuha ka ng information if ano yung possible violations nila, it would help you make a better argument. Tapos padala mo yung sulat mo personally.

      P.S. baka binago na nila yan ng 7 days... pero seriously, yung items nga ng SM, pwede mabalik basta pasok ng 7 days, yung insurance pa kaya?!?

      Delete
    2. Hello

      From what I've read from other blogs, there is a POSSIBLE chance na mabawi mo pa yung pera mo kahit lagpas kana sa 15 day period. Yun nga lang matinding labanan ang mangyayari dyan. I think mas maganda kung may makakasabay ka na victim din na katulad mo para lumapit kayo sa IC at bigay nyo yung statement nyo of how you want a refund from your policy.

      Nakikita ko naman na may na rerefund na pera kapag talaga pinaglabanan mo marefund yung binayad mo eh. Totoo yung sinasabi nila na "Fight for what is rightfully yours"

      Goodluck and hope you can refund your money.

      -Brian

      Delete
    3. I am Financial Advisor. 15 Days period is what they call the cooling off period, where you can refund whatever it is na nabayaran mo.Akala kasi ng ibang tao, when the agent would say "you can refund".iniisip yung whole amount na naicontribute mo.For an Insurance product, Kung ipupull out mo ang policy mo, you can just get the CSV o Cash Surrender Value. Value ng Policy mo at the time na ayaw mo na siyang icontinue. Usually during the first year mababa lang usually. Kasi during the first year ang mga administration charges.

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    4. In the case of Prudential, I can say na the Products are Okay but the confidence/trust sa company is not 100% na lalo pa't andaming mga complaints. I know because I have a friend who got an Insurance from Prudential and He don't know anymore kung sino servicing agent nya but the only thing na naremember niya is "He could refund if magcacancel na siya."So it is important for a person who would like to get an Insurance to know the product you're getting into,check the company profile (not just their website) but also through IC (Insurance Commission) and compare products. Upon seeing the Endowment Policy of Prudential mas mababa ang Insurance amount niya at 175k versus sa mga 500k-1Million with same amount of Annual Premium. Whatever state of life we are into (Rich/Middle/Poor) we need an Insurance especially Life Insurance for Income Continuation for unforseen events na alam nating mangyayari pero hindi natin alam kung kailan. The only permanent things in this world are Taxes and Death.-Thanks, Lou

      Delete
    5. Hi Lou. Thanks. It's true. That was one of the things that I've realized nung time na I was hard on cash. Tinanong ko sarili ko if it was worth it na icontinue ko yung plan na naka dalawang late payment ako. Then, I realized that ang baba talaga nung returns nila. For five years, the policy owner will be paying a total of 150k. After the first five years, it will take 10 years for the policy owner's money to mature. When the time comes, nasa 170-180k lang yung makukuha nya. So that's basically 20-30k more than what you've paid them in the past. Tapos, yung malala dyan, with the pesos' current inflation rate, baka yung 20k na yun, magiging 10k nalang when the time comes.

      Delete
  22. Isa po ako nakakuha ng insurance..nakuha ko sya last year...gusto ko nang ipacancel last year pa pumunta ako sa knila pero di natuloy kaz naingganyo p rin akong ituloy nlng... di pa ako nakapagstart ng hulog kaz annual ang pinirmahan ko....pwede ko pa kayang marefund ung initial investment ko...sna matulungan nyo ako..

    ReplyDelete
    Replies
    1. Unfortunately po, dahil hindi nyo sya nacancel, baka di na po mairerefund yun. First time ko po nakarinig na naka annual. Pero, if nabayaran nyo po yung good for 1 year, baka may cash value na po yung binayaran nyo, Masmaganda talaga pag tumawag po kayo sa kanila.

      Delete
  23. ask ko lang po, wat if hindi ko na bnbyaran ung monthly ko? ok lang ba un? tapos after 1 year, pull out ko na. posible po ba un?

    ReplyDelete
    Replies
    1. Malulugi pa rin po kayo... kasi ang mangyayari dun, yung hindi nyo nabayaran, ibabawas yun sa total nyo na cash value.

      Tapos merong parang clause sa policy na pag lagpas ng grace period of monthly payment, mavovoid yung insurance kung matagal ng di nabayaran.

      Delete
  24. gusto ko din sana iaprefund ung skin, kaya lang may 30 ko pa po naavail 2, baka d ko na mkuha.

    ReplyDelete
    Replies
    1. Parang ganyan na po ang mangyayari kasi yung insurance naman, kahit merong look up period, may limit yun before tuluyang di na macacancel. Yun nga lang, antagal nyo na po kasi nakuha.

      Delete
  25. ask ko lang po OFW ako d2 sa middle east, last march ako naka avail ng plan ko,,wala n b akong chance ma refund yung Labb plus.

    ReplyDelete
    Replies
    1. 15 days po yung look up period nila. And sa experience ko naman po-- pero nakaendowment kasi ako dati), it was one year before nagkacash value yung money ko... and that amounted to a third of what I paid for. So it's up to you if you want to continue with your plan.

      Delete
    2. Pwd ko pa kaya mparefund yung skin.. nung sept 9 ako nbiktima nyan! 18k yung kinuha skin gud 4 1yr! Problema ko ngaun lagpas na ako ng 15days.. almost 3weeks na sya

      Delete
    3. naka endowment plan din ako, kung di ko hulugan for 1 year then saka ko sya i cancel. may mkkuha pa rin b ako?

      Delete
    4. Anon October 3, 2014 at 4:59PM

      Basahin nyo po yung forfeiture clause ng policy nyo kasi I think mafoforfeit sya sa katagalan na di mabayaran sya.

      Delete
  26. Kaka-avail ko lang po kanina..as what other says tlgang d k nla ttglan.tpong kht ayw mo at duda k, napa-oo ka..gsto ko po snang icancel at bawiin ung s LABB plan kso ang nakasulat po sa policy n pinirmahan ko is non-refundable?my chance p dn po b n mrefund ko?sayang dn kc..tsk.i really need advise..

    Thanks po sa mgrresponse.

    ReplyDelete
  27. Nakita nyo na po eto? http://www.pesorepublic.com/db/banking-and-insurance/bakit-ba-nalugi-ang-prudentialife-plans/

    ReplyDelete
    Replies
    1. Thanks sa share. Maganda yung nakalagay sa thread.

      Iba po yata yung Prudential Life Plans at Philippine Prudential Life. Although, I wouldn't be surprised if the owners of these companies are one and the same. Pero iba po silang dalawa.

      Delete
  28. Hello,

    I am also a victim. I have been paying for more than 2 years but just last year, I had a problem so na delayed ang payment ko but my appeal for reinstatement was denied. So after so many arguing with the office girls, I decided to cancel my policy after all, hindi narin lang ma reinstate. What I got as a refund? 13K!!!!! So sa lahat ng mga biktima nila, i cancel nyo na habang mas maaga pa!!

    ReplyDelete
    Replies
    1. Hello. Thank you sa share.

      I-clarify ko lang po sa lahat na nagbabasa. Usually pag lagpas na kayo sa look-up period, termination na usually tawag nila dun.

      Thank you for sharing... sa akin, 1 year ko na binayaran. 39k+ yung total kong binayaran. Less than 10k yung nakuha ko, pero dahil nagpromise yung agent sa akin na more than 10k yung makukuha ko, napilitan syang icover yung 500 or 600 php na binawi ng Prudential Life for "late payment" daw.

      Delete
  29. hello. im also a victim. ask lang po ako kung ano yung step by step para mag cancel ng life insurance and may mga reference sa pag gawa ng letter, thank you po

    ReplyDelete
  30. add ko lang po, yung kinuha ko po yung mini LABBPLUS.

    :( im feeling stupid kasi hndi sana ako kukuha, pero parang na "pressure" ako para kumuha... zzzzz.. :(

    ReplyDelete
  31. Help! I just got victimized today!! I was on my way home then nilapitan ako with the raffle and prizes. I feel so stupid. Sabi kasi nila 45 minutes lang naging 2 hours halos. I paid P2,250 for just the LABB PLUS. I don't know paano ko siya macacancel eh naka state sa declaration na non-refundable pero nung time na finill-up ko yung form di ko siya napansin, so na-swipe na nila debit card ko. Tapos may video confirmation pa. I need help kasi yung ATM na yun, sa payroll ko yun. Baka magbawas sila. Natatakot talaga ko. How can I proceed with cancellation? Please help me.

    ReplyDelete
    Replies
    1. hello po. gnyan dn nangyari sa akin knina.. gustong gusto ko nga i pa refund. pero parang ma hihirapan ako kasi sa robinsons manila ako kumuha ng plan, pero sa negros occidental pa ako nakatira. and this week uuwi na ako sa probinsya, nakita ko din sa ibang blogs na, hndi naman daw scam yung PPLI, kaso nga lang, parang ma ppresure ka sa kanila... so i am thinking na, hayaan ko na lang yung PHP2250, one year lang naman yan diba? pagkatapos nyan, wala nang bawas?

      and also i am planning to change my ATM mamaya... yan lang. hahayaan ko na lang sila... ZZZZZZZ

      Delete
    2. i did some research dn kasi eh, legit yang PPLI yung problema nga lang talaga yung mga tao nila na kumukuha ng customers, parang namimilit kasi, and sobrang galing nila mag persuade. sh~t. i cant believe na nahulog din ako sa bitag nila.. parang pinipilit pa naman ako na kumuha ng mas malaking plan.. hehehe.. pero okay lang yan. hayaan ko na lang yan..... kawawa naman yung company, nasisira lang yung name nila dahil sa mga walang kwentang tauhan nila...
      change ko na lang ATM ko. hayaan ko na lang yang 2250 pesos..
      now ive learned from my mistakes..

      Delete
  32. -dimakahindi-
    Grabe, I cant believe na may nangyaring ganito din sakin. Hindi pa rin ako mapakali tuwing naiisip ko xa. Nangyari ito sakin last Sunday, in SM Sta. Mesa Manila (PPLIC) 5PM.. and same lang din ng approach, may gay at girl na lumapit samin ng sis ko. Binibida nila yung raffle nga daw tas may freebies pa, w/o money involve! basta my ATM/CC ka. Before di naman ako nageentertain ng ganyan ganyan, (kasi alam ko sa sarili ko hindi ako makahindi) pag may nagtatanung tungkol sa CC/ATM so since may kasama naman ako, feeling ko secured ako. So ayun, sumama kami ng kapatid ko, naexcite kasi kami sa freebies at dun sa raffle promo. Ayun na nga, andun na sa lobby, kasama pa rin namin yung girl na nagapproach samin, madami xa sinasabi na wala naman money involve, basta papakilala lang yung company nila in 45mins.. Tas may napansin ako na may lumapit sa receptionist, May nakita ako na may BDO ekek, so ako nagtanung ako agad dun sa nagapproach samin na girl, bakit may ganun, na parang babayaran ka pa sa loob,kc my BDO e? Tas sabi nya wala naman daw money involve, at hindi sila kukuha ng mga info about sa mga CC/ATM tas sabi nya pa hindi nila pwede hawakan mga ATM/CC at bastabasta tumingin dun sa info natin, ako naman si tanga, naniwala at sana dun palang sa BDO ekek na nakita ko eh nakutuban na sana ko, pero ayun nagtiwala pa rin ako. So ayun na nga, tinawag na name ko, pinaupo ako ng agent na RICH ang name dun malakas nga ang sounds nila, tas inensure nila na yung mga nahakot nila na Client kuno magkakatalikod at hindi nagkakakitaan, ang unang intrada SAVINGS at plans sa future, so naging interested naman ako, so habang tumatagal, palayo na ng palayo yung usapan, at may sinabi pa na kelangan ba pag mag iipon pa icconsult pa sa iba? sabi ko naman hindi na. so ayun dada pa ng dada..ou na lang ako ng ou, at sabi ko pa sa sarili ko, ok gow lang di naman ako maglalabas ng pera kahit anu pa sabihin mo, so hinayaan ko lang magsalita ng magsalita para matapos na, so inabot na nga ng 2hours, so sa inis ko inabot ng napakatagal, sabi ko "tagal naman, may lakad pa kasi ako" teka ichecheck ko yung kasama ko, tumayo ako at pinuntahan ko sa lobby sis ko. napuntahan ko naman, 2 hrs na nga daw xa naghihintay. ewan ko ba anu pumasok sa isip ko at bumalik ako at umupo pa dun sa dati ko pwesto, siguro kasi nakita ko yung agent na kausap ko na worried xa, so parang naawa naman ako at ayoko naman maging bastos!(na napakalaking pagkakamali) GOSH ang dami ko chance na umalis na agad pero ayun, nagpabiktima pa rin ako (siguro sasabihin nyo, I'm so STUPID, ou ako na una nagsabi sa sarili ko nyan hehe)!! tas ayun nga bibilisan na lng nya, tas yun, kasi sa sobrang inis ko hindi ko na iniintidi sinasabi nya, kasi more than 2 hours na ko andun ang gusto ko nalang matapos na at makaalis na dun! ang dami sinabi hangang may 12k na nabanggit. eto na naman ako, (sabi ko sasarili ko kahit anu pa pilit mo di ako basta basta maglalabas ng pera) so ayun nga andami sinabi, tas maraming beses ako nag NO! tas sabi nya bigyan ko xa ng reason then sabi ko ang laki naman nyan di ko kya, tas may inoffer naman xa na 4,500! Ang sabi ko parin NO, kasi pagiisipan ko muna, yun na nga like ngyari sa inyo, (NGAYON ka lang pwede magdecide! di MAMAYA hindi BUKAS) ngayun lang daw ang opportunity, wag ko daw sayangin, tas sabi pa nga may mga student nga nagavail, at yung iba huli nalaman yung company nagsisisi kasi di pa nila naisip yun before. Tas ayun na nga naglabas ng blue paper, authorization ekek daw! So matagal ako nagiisip nun, kasi nga ayoko talaga maglabas ng pera, tas yun may lumapit na babae at nagpakilala, limot ko na name nya, (parang humarang pa xa sa exit) tas yun pinepressure nila ko Life insurance naman yun, kung may mangyari man sayo nagyun insured ka, (sabi nya wag naman sana sabay knock on wood), so ayun, wala na sa tamang pagiisip, kasi gusto ko na nga din makalabas! Tas sabi pa hindi naman agad mababawas yan, check pa naman yan kung payag yung bank o hindi!pero once na swipe na gow na yun wla ng confirmconfirm pipirma ka nalang sa 2receipt

    ReplyDelete
  33. -dimakahindi-
    HIndi sila papayag na NO ang sagot mo so ayun nga I ended up swiping my CC LABB+ amounting to 4,500!(kasi kating kati na ko makalabas talaga at feeling ko nasusuffocate na ko AT sa panghaharass nila)! So ayun na nga, papunta na sa may video confirmation na part para daw yun closing ekek na.. ayun naghintay ako saglit sa room, tas dumating na xa, tas nung nagshakehands na kmi, sabi nya "ok na ba lahat, kasi pag napirmahan ko na to di mo na marerefund." (so nagliwanag ang isip ko sa pagkakarinig ng REFUND) sabi ko panu po kung refund (kasi gusto ko ipacancel) kasi nabigla lang ako (tas tanung nya panung nabigla?), sabi ko hindi kasi pasok sa budget ko yan at parang napilit lang ako! sabi nya teka refer back kita dun sa kumausap sayo. Tinawag nya yung agent na nakausap ko named RICH and yung humarang at umepal na babae at pumilit na magavail ako, tas yun na sabi ko gusto ko na irefund yan kasi nabigla lang ako jan at hindi pa naman napipirmahan nung last. Tas nakasimangot na sinabi ng babaeng epal, sinung nagsabi sayo na pwede irefund, sesendan ko ng IR?!! sabi ko yung babae na last na pipirma nyan, sabi nya kasi once na napirmahan na nya di ko na marerefund e, so ngayun irerefund ko na hanggat di xa nakakapirma. sabi ng babaeng epal at ni RICH hindi mo na marerefund yan kasi napirmahan mo na yan at nakalagay na NON-REFUNDABLE yan. Sabi ko naman, eh bat sabi nya(nung last na pipirma) bago nya pirmahan, hindi na pwede irefund, so pwede pa xa irefund. Ipinilit ni babaeng epal na hindi na pwede irefund kasi nakalagay NON-REFUNDABLE nga daw tas bibigyan pa daw ng IR yung nagsabi.. so ayun na naman humahaba na naman usapan tulad nung nagawa nila kanina, napilit na naman ako, nainis na naman ako at umOO nalang ako! so yun dun na naman sa girl na last na pipirma, tinanung nya ko kung ok na ba lahat? sagot ko "eh wala naman na pala ko magagawa eh di OO nalang!", (medyo galit na ko) sya:"so masaya naman kayo maam?" ang sagot ko " MAY CHOICE BA KO?" tas sabi nya sabihin nyo nalang maam happy kayo, tumango ako. so maam Happy po ba kayo sa service namin? sagot ko nalang oo happy na ko para matapos na. inulit na naman nya tanung kung Happy ba ko. OO happy na ko, sabay ngiti nalang para tapos na. (hanggang sa huli, pinipilit akong maging happy)GRABE LUNGS! (yung last binigay ni RICH yung tumbler tas nanguto pa, dinagdagan pa ng bag, tinanung yung # ko, tas text ko nalang daw xa kung may questions pa ko about dun, ok nalang ako) Atlast nakalabas nako sa mala impyernong lugar na yun, pero wala na sis ko dun, nabwisit din sa tagal maghintay ng 45mins turned 3hrs (naisip ko nalang bakit ko ba nagawa yun, angdami ko naman chance para tumakbo palayo dun, pero nabiktima parin ako) tas yun hinanap ko sis ko,this time kasama na older bro ko.. ayun nasabi ko nalang.. (Naloko ako, pero natuto na ko) natawa nalang kami, tas pinagsabihan ako ng bro ko, "basta pag sa mga mall na ganyan, wag ka basta basta pumapatol sa ganyan kasi malamang maglalabas ka ng pera, ayan tuloy parang binili mo na yang tumbler ng 4,500, knowing you, ikaw pa naman yung hindi makahindi" sagot ko alam ko naman yun eh kaya nga pag ako magisa sa mall o kung san, pag may lumapit sakin NO ako agad kasi alam ko naman HINDI ako MAKAHINDI feeling ko kasi secured ako kasi may kasama naman ako that time(sis namin). Tas yun nakauwi na ko 10pm na kasi kumain pa kami, syempre hindi ako mapakali, 4,500 yun mahirap kitain yun ah..

    ReplyDelete
  34. -dimakahindi-
    Maabutan ko yung cousin ko, ayun nga sabi ko naloko ako. sabay pinakita yung docu na galing sa PPLIC, Sabi nya, "aanhin mo ba yan? Tanga tanga mo naman bat kumuha ka nyan" ako: "ewan ko, wala ko sa tamang pagiisip tska I was forced!" sabi nya "sa ML nga 40pesos lang yang Life Insurance tas pinatos mo yang 4,500 na yan. aanhin mo yan?" ako "ewan ko, eh CC naman yan eh"(nasa isip ko kasi, takbuhan nalang) cousin:"kahit na, ngyari na sakin yan 10yrs ago, pero napacancel ko yan,nagbayad din ako 3k nun pero nabalik" (nagliwanag na naman isip ko sa word na CANCEL at sinabi ko, "isa ka rin pala" sabay tawa) at yun napagusapan na CANCELLATION!!
    Tas nagtext pa tong Rich, late ko na nabasa, "Iappreciate mo nalang yun plan mo at cnxa na sa abala" bat naghihingi xa ng pasenxa? cguro yun talaga utos sa kanila, at alam ng buong company yung panloloko ng agents nila, so SCAM talaga silaaa
    Kinabukasan OCT 21 tinawagan muna yung bank ng CC at inadvisean kami na pupunta daw sa PPLIC at ipacancel namin, sinama ko couz, kasi magaling magsalita yun, nagaaral ng Law at my experience din sa naexperienced ko, kasi kung ako lang magisa pupunta, pagtutulungan ka talaga, gaya nung napilit ka nila nung una nagbayad ka. edi andun na kami, pinapacancel namin, yung kumausap sakin yung babaeng epal, dami tanung at ulit ulit syempre panlaban daw ang video, at pumirma ako, blah blah andmi nila talaga ipipilit, wag mo lang icancel yung policy. eh syempre yung cousin ko ang nagsasalita on my behalf naman kasi napagusapan na namin anu gagawin eh. basta ang lagi sasabihin CANCEL yun kasi di naman naintindihan. yun lage kahit anu ipilit nila CANCEL parin.. umabot kami 1 hr kung sinu sinu na kumausap samin, eh ayaw pa rin talaga nila icancel, ang iniinsist kasi nila, pinirmahan mo yan at nagbigay ka ng authority para magamit CC mo! nagmamatigas, at ayaw ipakausap samin yung iba pang manager. tas tinawagan ng couz ko friend nya sa insurance company nagwowork, dun sila medyo naalarmed, tas lumabas.. ayun na hiningan kmi ng cancellation letter ang nilagy ko reason I dont fully understand the terms and agreement chu chu..medyo di nga formal eh, kasi di namin naprepare ng maayos, at napacancel na kmi bago ko pa mabasa tong mga bad coments at blog about PPLIC and panu icancel ang policy, So hindi ako nakahingi ng SOA, siguro sa pagbalik ko nalang and itatawag ulit nmin sa cc provider, . so ayun, tinanggap naman ang cancellation letter at nagsigned ROSEL L. BARRUN - BSA ang sabi maghintay ng 30-45 days bago magcharge back. tas paglabas namin nakasalubong namin, parang inis ang ngiti nila haha.. ayun shinare ko lang guys ang malaimpyernong experienced. sorry po kung napakahaba kasi fresh pa e and gusto ko rin po makatulong at ayoko na mangyari sa iba, and thanks na rin sa mga makakabasa nito, I hope kahit papanu makatulong ito. BASTA AYUN MATUTO TAYO MAGSAY "NO" MAGING FIRM TAYO KUNG AYAW NATIN, IPAGLABAN NATIN WAG NATIN MAGPAINTIMIDATE SAKANILA, AT SIGURO NEED NATIN TALAGA PRESENCE OF MIND KUNG MAY MGA GANTUNG SITUATIONS NA PINEPRESSURE NA TAYO. AT DAPAT LAGI TAYONG ALERT, MAY KASAMA MAN O WALA., KUNG MAY NAKUTUBAN KA NA, OR MAY NAKITANG KAKAIBA, RUN FOR YOUR LIVES NA!! AT LALO NA DONT TALK TO STRANGERS PO YUN ANG PINAKABASIC! THANKS GUYS SA PAGBIGAY NG TIME DITO SA NAPAKAHABA KONG KWENTO.. SANA MATUTO NA TAYO SA ISANG PAGKAKAMALI.HEHE AND LAGI PO TAYO MAGPRAY..MAAYOS PO NATIN ANG LAHAT AT SANA WALA NANG MALOKO NG GANTONG KLASENG MODUS..

    ReplyDelete
  35. Hi dimakahindi. Isa lang masasabi ko sayo. Welcome to the family, sis. Di yan insulto, ha! To be honest, I'm glad na may kasama kang nakakaalam ng law at nakakasagot sa kanila. Kasi minsan, dinadala lang nila sa intimidation yung mga clients nila na di naman tama yan.

    And no. I don't think you're stupid. In fact, it was a smart financial decision on your part. When it comes to finances, di talaga dapat na puso ang paiiralin. Their emotional blackmail and tactics are wrong, particularly yung pagpapasign ng non-refundable na na-swipe na yung card mo. It happens a lot, by the way.

    Anyway, please update us kung nakuha mo na yung cashback/refund mo. P.S. Binasa ko lahat ng ekek at chuchu. Buti nalang talaga at napareceive mo cancellation letter mo.

    As for the SOA, I think yung labb plus, walang SOA.

    Salamat sa pagshare.

    ReplyDelete
  36. -dimakahindi-
    HI Haopee, thanks sa time sa pagbasa saking mga saloobin at mga kaekekan..hehe and very welcome pala ko dito noh? Thank you..hehe Grabe noh? Ikaw na nga nagmagandang loob, tas ikaw pa lolokohin.. grabe ganto pala feeling nung parang nabudol budol.. pero thankful pa rin ako kasi di naman ganun kalaki nakulimbat nila sakin and syempre it will serve as a lesson na rin..

    And yeah, malaking tulong talaga may kasama ka at babackup-an ka.. para di ka nila mapagtulungan talaga and yeah.. Nagaaral xa ng Law and at the same time working xa sa SC kya ayun medyo scared sila nung malaman sa SC xa work at sabay hingi nalang ng Cancellation letter samin..haha

    Medyo worried lang din ako dun sa CC ko, nakuha kasi nila info ko eh, whatcha think po? Ipablock ko nalang or pwede ipabago nalang ang acct. No.?sayang naman kasi, mahirap din kumuha ng CC..hehe pero syempre kung safety naman paguusapan dun nalang ako..

    Tska enough na ba yung signed C. Letter na may copy ako? Para kung may future man transaction man galing sa kanila yun nalang papakita ko sa CC provider?

    Inform ko nalang po kayo kung machargeback agad sakinn 30-45 days daw kasi.. pero kukulitin ko pa rin sila para matahimik na ko at makatulog n ng mahimbing..hehe

    Thanks po ulit sa pagbigay ng time dito :) .. sana talaga wla na mabiktima neto..

    ReplyDelete
    Replies
    1. Sorry. I just realized na nakapagreply ka rin. Basta nacancel na po yung policy ninyo, masmagandang dalhin nyo yung paper sa bank, as proof na terminated na yung authorization ng PPLIC sa card mo.

      Wag mo ng iterminate. I-verify mo nalang sa bank mo na totally void na yung authorization ng PPLIC na mag credit ng kahit ano sa card mo.

      Oo nga pala ano.. Signed letter lang ba yung binigay nila sayo? Puntahan nyo nalang po bank nyo. Sila lang talaga makakatulong sa yo. Pasensya na at medyo limited yung knowledge ko tungkol sa Labb Plus.

      Hope na naibalik na pera nyo ngayon.

      Delete
    2. Hi Haopee, naibalik na po sakin nung Nov. 3 pa, hindi na nirequire ng bank na magsend ako ng kahit anung docs sakanila, kasi 100% sure na cancelled na daw yun! at wala pa processing fee..ayun napakasaya ko lang.. hehe salamat sa tulong po nyo :)

      Delete
    3. I'm glad talaga na nakatulong ako. You've already returned the favor by updating me sa status ng cancellation request nyo. Mabuti naman at okay na ang lahat. I posted your message sa article para naman mabasa ng ibang gusto magcancel.

      Delete
  37. Hello. Naloko din ako yesterday. I felt pressured to get the policy so now.. gusto ko siyq irefund. Pano ba yung proccess? Diko kasi masyado ma gets. Mag eemail po ba ako sa PPLIC or sa IC?

    ReplyDelete
  38. Much better kung pupunta ka sa PPLIC. Dala kayo cancellation letter, tas magsama ka, yung matapang at kaya manindak.. Pag ikaw lang pagtutulungan k lang nila e.. basta once mapareceive nyo na yung letter at masign-an na, madali na yun.. maghihintay nalang kayo refund/chargeback..

    ReplyDelete
  39. Hello dimakahindi! Same tayo ng dilemma.. Same din u name ng agent naten rich.. I got my labbplus last nov 6 gusto ko na rin I pa cancel.. Help me please. Tnx

    ReplyDelete
  40. hellow un din po nangyari sakin nov.10 ako nbiktima.pagdating ko sa bhay d ako mapakali dun sa ginawa ko.so nagresearch ako at nkita ko nga tong blog nato.kanina bumalik ako sa SM FAIRVIEW para ipacancell ung labb ko na 6750 tas ung optimum health na 8640.un ba ung endowment..
    nagkasagutan po kmi nung manager at nung isang girl.ayaw talaga nla tanggapin ung cancellation ko.san ko daw nkuha ung mga idea ko...cguro daw sa mga blog.eh sabi ko anung blog.kanina mo pa sinasabi yang.blog.matingnan nga ung blog na yan.tapos lumabas xa tinawag ung magphotocopy ng letter ko.tapos pinirmahan nila.tapos humingi ako SOA binigyan naman ako sa labb plus un..kaya lng wala nakalagay na refund.cancel from inception lng.pero sbi nung nkausap ko erefund naman daw anayin lng.
    eh ung isang nabayaran ko.na optimum automatic naba un na macacancel at marerefund kahit alang SOA

    ReplyDelete
    Replies
    1. Miss same tayo. Nov 12 mga 6pm pumunta ako to ask for refund pero sinabi nila na i can cancel lang daw the subscription pero ang nabayad ko na na amount is after 2 years of effectivity ko pa makukuha. grabe marami pang kwento and i don't know bakit sumulpot ang 2 years na yan. needing help din ako about dito.

      Delete
    2. Hello po. Sorry I'm not aware sa optimum health. Pero hopefully kasama sya sa irerefund at yung total damage nyo lang is 250 na processing fee kamo.

      Yes. They may call it ignorance on our part for reading stories in blogs, pero an rami na ng comments. And a lot of them share the same deceptive tactics. I've read one too many na. So kahit na anong sabihin nilang sa blog lang yan, yung comments dito talk about the same thing. Sabing hindi marefund pero marami nang nakapagpacancel.

      I just hope they'd stop with the deception and lying. Yung poblema kasi sa kanila, di nila maingganyo yung customers nila kasi--in truth--ang baba ng return ng investment. Tapos, ang taas naman cost ng labb plus. Yung sa Pru Life nga 300+ lang ang yearly, may insurance ka na!

      Delete
  41. kailangan ko parin po ba mag email sa kanila??? at kailangan ko parin po ba mag email sa ic? please reply po.

    ReplyDelete
    Replies
    1. Masmaganda po mag email sa kanila at icc yung IC. Para maspanatag po yung loob nyo, masmaganda na puntahan nyo sa IC at humingi kayo ng advice para alam nyo kung ano isasagot sa kanila pag sinabi nilang di pwedeng icancel ang Labb Plus.

      Delete
  42. Hi, I just want to share my story and hoping you guys can help me. So last October 29, my Mom got a LABB shit in SM Iloilo and on November 1 we wanted to cancel it. But it was a holiday and we were from Bacolod... may I ask does the holidays still counts on the grace period? I REALLY HOPE NOT PLS HELP ME!

    ReplyDelete
  43. Btw, guys this is the who is answering the emails of Philippine Prudential https://www.facebook.com/elyn.rostro SUPER BAGAL SUMAGOT NG PUTANG CUSTOMER SERVICE! UGH

    ReplyDelete
  44. Guys, much better kung pupuntahan nyo yung branch kung san kayo na-scam. Dala kayo cancellation letter, wag kao titigil gat di nyo napapareceive at napapapirmahan yun.. Maging matapang lang kayo to say NO, and medyo sindakin nyo, kunin nyo yung name nila pag ayaw pa rin. haha

    ReplyDelete
    Replies
    1. Oo. Firm lang. Kuha ng name. Report sa IC. Tapos hindi na rin kayo ng pangalan ng manager. I-confirm mo din sa kanya if it's a fact na di talaga macancel kahit pasok sa 15-days. Tapos record mo na rin mga kasagutan nila. You're bound to find a mistake.

      Delete
  45. oo nga dapat talaga tapangan.ako nga khit anu pa sinabi nung manager sa akin.isa lng sinasagot ko sa knya CANCEL CANCEL CANCEL.lam mo isang oras kmi nagkasagutan nung manager na c raymund daw.tinanggap naman nya ung letter ko.sinabihan ko pa nga cla makoncenxa naman kayo.

    ReplyDelete
    Replies
    1. Hello po ask ko lang po kc nakakuha ako ng LABBPLUS worth 2250, gusto ko sanang marefund pero mukang mahirap pa ang proseso..

      sbe kc sa policy 1 year lang un... walang monthly payment.. totoo ba un? kinakabahan ako baka kc biglang mawala nalang laman ng ATM ko. :((



      Delete
    2. Hello po. That's the cheapest LABB Plus I've heard of dito sa blog. Baka po nakastaggard payment sya. Nagsign ba kayo ng Auto-Debit na form? Kasi yung Auto-Debit na form authorizes PPLIC to charge your ATM with any remaining balances your plan may incur. Pero if wala po kayong nasignan na form (yung pinapafill up sayo yung ATM number mo), then no need to worry po.

      Masmaganda po na puntahan nyo nalang dun sa office kung saan kayo nakakuha ng plan para (or tawagan nyo po sila just to make sure)

      Delete
  46. Good am po.

    Victim din po ako. Nagsign up po ako for endowment. Nagbakasyon po kami sa cebu at yun nga i was convinced na sumama for a 45 mins presentation with all the promo at free stuff nilang offer. The thing is, akala ko ung iccharge sa credit card ko eh staggard payment, but lumalabas na one time lang pala sya. It is worth 25k! Hindi kaya ng bulsa. Now the thing is, may 15 day free look period sya which gusto ko sana iexercise. But, sa makati po ako working at nadaan lang sa cebu for vacation. Pano po ako magbibigay ng cancellation letter? Please advise po asap. I tried calling their customer service kaso 8am to 5pm lang pala sila.

    ReplyDelete
  47. Hi guys, naibalik na sakin yung LABBPLUS worth 4500! Pinacancel ko xa Oct. 21 then cancelled na xa ng Nov. 3, hinintay ko lang yung bill just to make sure na wala na nga xa, tsaka wala po akong processing fee, yung iba kasi may nababasa ako na hihingan daw nun.. Ayun, share ko lang, Happy kasi ako eh.. hehe sana maibalik din nila agad yung mga nakulimbat nila sainyo.. Basta agapan nyo lang po, tas kulitin nyo sila ng kulitin para maicancel at maibalik na pera nyo...

    -dimakahindi-

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    Replies
    1. Hi, sis. Thank you for sharing your experience with us. I'm glad you didn't give up, and I'm super happy na naibalik na sayo pera mo. Sorry sa super late reply. Sobrang busy sa offline life.

      Good luck sa atin lahat.

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  48. nag avail po ako last july worth 9k and nagemail po ako ng cancellation letter nung august but ang sabi po ng pplic non refundable dw po. so, last november 14 pumunta po ako sa gateway para magpareceive ng letter but ayaw nila tanggapin kc non refundable dw. pero nung tumagal po napilitan na rin cla ireceive and pinakita ko ang letter from insurance commission. follow up dw po alo after 2 to 3 weeks. mababalik po kaya sa akin ang pera ko?

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    Replies
    1. Hopefully po, makuha nyo na pera ninyo. If maibalik po yung pera nyo po, this would be a first that we would read about it (especially kasi super lagpas na sya nung 15-day grace period nila). Sana mashare nyo po sa amin yung update.

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  49. Hello dimakahindi! Ask ko lang po paano marefund yung 4,500 pag sinabing non-refundable at iniinsist na non-refundable talaga? Naswipe na kasi yung atm ko bago sabihin na non-refundable. Nakakalungkot po kasi working student ako tas pinaghirapan ko yun tas nawala lang ng ganun ganun lang. Di kasi ako nakapag-isip. :(

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    Replies
    1. Palusot lang yang non redundable na yan..kung nakikita ka nila na bibigay ka, ipipilit nila yan..so dapat sindakin mo din sila..wag ikaw yung masindak..maibabalik yan, basta tiwala lang at samahan mo ng tapang..

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  50. hi biktima rin po ako ng prudential insurance na yan. actually napilitan na lng tlaga ako kasi ang tagal2 na nung presentation nila. although d nmn kalakiha ung amount still pera pa rin un!
    sa SM Manila na branch nmn po 2. last dec 7, 2014 lng. can i still get d refund even if it says on the agreement that i signed that it's not refundable?

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    Replies
    1. Echos lang yang pinirmahan na tin na yan..yan kasi panindak nila, so yung iba nadadala.kaya di nila macancel, kahit ganu pa kaliit yan,pinaghirapan yan noh..makukuha mo yan..dala ka cancelletion letter, ipasign mo at ipareceive sa kanila, pag ayaw, kunin mo mga names nila.tas sabihin mo irereport mo sila..

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  51. thank u so much po. bukas po try kong icancel un. as in napilitan lng tlaga ako. pag thru atm po ba ung payment d na uli magdeduct?

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    Replies
    1. sir, pakibalitaan po ako kung ano nangyari sa pagcancel nyo. magcacancel din po ako sa sm sta mesa sa monday.

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    2. nacancel ko na po ung sa akin knina lng. bsta stick ka lng sa decision mo kasi dami pang tanong eh. sabihin mo bsta icancel na lang.

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    3. ok thx sir. about refund, ano po sabi nila? pde rin po ba makahingi na rin ng sample letter para may idea ako? pakisend po sa email ko: aesir_05@yahoo.com.

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    4. ms. po ako. :) anyway, ung sample letter ginaya ko lang sa isang blog. search mo na lng po.

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    5. ay sorry po xD eto nakita ko na: http://jonhappiness.blogspot.com/2011/01/philippine-prudential-life-insurance.html :D thx

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    6. i hope macancel mo din sau. though i'm still waiting for d refund thru my atm acct. be firm lng tlaga to say NO kasi dami tanong pa kesyo include nila sa report, etc.

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    7. definitely no more mr. nice guy lalo pa dami mga blog na ganito na marami negative feedbacks sa kanila >:) naawa lng tlga ko dun sa lumapit saken kya pumayag ako dun sa presentation. but it ended up napilitan ako mag avail ng labbplus na yun.

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    8. me too. npkapersistent nila to d point na d ko matanong mga kasama ko for opinion. nung day nga na ikacancel ko na un may nagrerecruit na nmn na ibang agent. sabi ko d na kailangan kasi punta ako sa office nila! tiningnan na lng ako. :D

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  52. This comment has been removed by the author.

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  53. hello po. nabiktima din po ako nitong kumpanyang to kahapon. ipapacancel ko din po yung akin. pwede po makahingi ng sample cancellation letter? paki send po sa email: aesir_05@yahoo.com thank u very much po

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