ANGELES CITY: Exceeding the trust-fund level for preneed companies, a Philam Plans agency manager here said the company could pay its liabilities to all its clients until 2013.
Jose Dayrit, who started as a sales associate in 1992, told The Manila Times that Philam education plan holders are assured of receiving payments including all cash gifts and interests at the time of the plan’s maturity and should not worry about the company’s bankruptcy.
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