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Gina dela Vega-Cruz and Tes Lariosa
DANVIL
PLANS, INC. Trust Fund has reached the P4
Billion mark! The high point comes at an auspicious
time for the company which is marking its 10th
year in the industry and is starting to release
benefits to its first wave of claimants from
maturing plans. Now owned and headed by its
new President, former EVP-Chief Financial Officer,
Mr. Daniel Villanueva, the company continues
to be at the forefront of sales and marketing
in the pre-need industry.
The
company's prudent financial management in the
past ten years has enabled it to attract a substantial
percentage of the industry pie, placing it consistently
among the Top 5 in terms of new business for
the educational plan sector. In its 2006 audited
financials, the company's total assets of P5.3
billion showed a significant increase from 2005.
As
of end-October, the investment in Trust Fund
amounted to P4.01 billion, 67% of which is in
long-term government securities, and the rest
in cash and equity. This sound financial achievement,
only one of many finance-related milestones
for which the company has been known through
the years, is largely credited with making clients
stay put even amidst the initial ambivalence
brought about by the buy-out at the beginning
of this year.
This
feat is indeed something to make you, our dear
planholders, all the more assured that we are
here to stay for the long haul.

Danvil
Plans, Inc. (formerly Berkley Plans) released
its first wave of maturity checks to its first
group of pioneer planholders. Receiving their
checks from Danvil Plans AVP and Branch Manager
Aurora Diño (extreme left) are Ariel
Cotoner, Cynfrosa Talampas, and Jesus Roy Villanueva
with family.
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