Grant of license by OIC to Destiny LIfe Plans

Every Juan must have a Holy Gardens Life Plan

These are the recent pictures of Destiny Life Plans with Commissioner Dennis Funa when he personally gave to the erstwhile CEO of Destiny Arsenio Bartolome III the renewal of the License to Operate for 2017

New Product to be submitted for approval, for launching

Every Juan must have a Holy Gardens Life Plan (UNI + PLANS)

Company:   Destiny Financial Plan

                  or  Holy Gardens Life Plan

Product Name

            UNI   +  PLANS

         Isang plano maraming benepisyo

       This new product is a unit plan of P10,000 each and can be bought as one two ten or more units to fit his budget.  It also has other features that combines the benefits of a life plan with protection, and money back benefits

Important features:

1.  Affordable - available in units of P10,000.  Only P220 monthly installments. Kayang kaya

 Flexible -  you can buy bigger amounts by adding units

3.  Secured:   company, Destiny Financials is duly licensed and approved by Office of the Insurance commissioner just like a bank is trustworthy as approved by Bangko Sentral ng Pilipinas

    Backed by assets of Holy Gardens memorial park with several sites nationwide, with memorial assets running into billions

4.  Guaranteed memorial service.  The certificates when fully paid can be used to purchase preferred memorial service in the accredited mortuaries  (Category 1)   In the areas where the plan is sold as in Pangasinan and Calamba, the affiliates has memorial assets as memorial park, chapel memorial services, crypts and soon to be crematorium

5.  Insurance protection during the paying period.

    Life insurance protection 

    A.  Term life insurance for qualified plan holders

    Double benefit:

  1.  Amortization deemed paid if the plan holder dies of natural cause;  

   2. Cash benefit - principal repayment shall be paid back to the beneficiary

   Not to mention that the planholder enjoys the memorial benefit

    B. Personal accident

    1.  Double indemnity in case the insured dies from falls, vehicular accidents or falls

    2.  Amortization deemed paid  (full for total disability) and partial for partial disability

     Double the amount of the insurance in case the plan holder

6. Cash back 

      The planholder may opt after the paying period to use the cash benefits of the plan (based on the CSV) table for uses other than the memorial service, provided the the plan holder buys again the plan. The plan holder may use the cash for for emergencies, and other uses like education, travel, health and more.   

     It is not necessary and the usual practice that the life plan shall be dedicated only for memorial services.  There is life beyond life plans, and other uses.

7.  With increment benefit (Investment)

      If the planholder cashes out and the trust fund has earnings this shall be shared with the plan holder.

    This is comparable to a V u L plan.  It gives better yield than bank deposits which is only 1/4 of 1% annually.  

      If the plan holder survives beyond 25 years, his heirs beneficiary shall be given a new plan

      Compared to life plans, Uni + plans is not solely dedicated to memorial plans because you have a cash back.  It is a true investment because there is liquidity and increment in value should the trust fund earn more from its investment income  A true game changer in the life plan industry.   V Plans can not be used can not guarantee memorial services as they are now, even though the plan holder can be assured of cash benefits, they having no expertise in the industry.

      Call us now, or get in touch with our accredited sales consultants

     Agents welcome.

    Text or call:   0917 305 6985  Globe

                         0933 861 5800

    Email:    holygardens.group@gmail.com

Re computation adjustment of reimbursement of mortuary services

Based  recent information, for the mortuary agreement of SPLP, they pay for the 25,000 package only 41% of the total contract price or only P10,200.  We have offered a very high of 60% for our proposal to a mortuary.  The informant said we are offering too high.  Destiny Financial must also make some margin.

The Pre Need code only allows 49% as TF, that is why SPLP try to keep costs down to 41% to make a neat 8% profit.   We strive to make TF to 60% that is why we offer up to 60%.

Some mortuary claim that Eternal for example reimburse up to 80% and 90% of the plan.  (It is actually of the TF amount which is 49% of the TCP!

Some conclusions:

1.  We should recompute for the reimbursement.  A HGMP chapel should be treated as a mortuary.  HGMP should strive to keep costs down.

2.  SPLP service is criticized for lack of service due to severe cost cutting

3.  We should strive to keep our level of service high

We should also base our nego on the TF amount, rather than TCP:

    Based  recent information, for the mortuary agreement of SPLP, they pay for the 25,000 package only 41% of the total contract price or only P10,200.  We have offered a very high of 60% for our proposal to a mortuary.  The informant said we are offering too high.  Destiny Financial must also make some margin.

The Pre Need code only allows 49% as TF, that is why SPLP try to keep costs down to 41% to make a neat 8% profit.   We strive to make TF to 60% that is why we offer up to 60%.

Some mortuary claim that Eternal for example reimburse up to 80% and 90% of the plan.  (It is actually of the TF amount which is 49% of the TCP!

Some conclusions:

1.  We should recompute for the reimbursement.  A HGMP chapel should be treated as a mortuary.  HGMP should strive to keep costs down.

2.  SPLP service is criticized for lack of service due to severe cost cutting

3.  We should strive to keep our level of service high

We should also base our nego on the TF amount, rather than TCP, based on % of TLP

                   Hence:

                    TCP              TF               High                                Low                       % of TCP 

                                        50          %        Amount           %        Amount                     High      Low

 Zinnia        15,000         7,500        100       7,500               95          7,125                    50       47.5

 Daffodil      20,000       10,000        95%    9,500                90          8,550                   47.5     42.75

Wood casket

White Rose 30,200        15,100       95       14,435               65        13,590              47.79      45.15

Gladioli       39,500        19,750       90       17,775              65%       16,787              45,00       42.49

Cattleya      48,500         24,250       90       21,285              65%       20,612              43.88       42.49

Metal Casket

Peace Lily   62,400         31,200      85      26,250               65         24,960              42.06        40/00

Carnation     89,500        44,750      85       38,037              65         35,800              42.49        40.00

Chrys         115,200        57,600      80       46,080               65        43,200              40.00        37.5   

Top end

Lotus         150,000        75,000       80      60,000               60         56,250                40.00     37.5

Gold Orchid  200,000     100,000    80      80,000               60         75,000                40.00     37.5

Saffron         300,000     150,000     75      112,500             60         105,000               37.5      35.00

Bouquet       500,000      250,000     70      175,000             55        162,500              35.00     32.5

Based on our matrix of services, and P n L we should try to find out if the mortuary will make money and by what %

For negotiators able to bring down the %, they get from Destiny,  + signing bonus of P2,000 for the officer/seller: