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The Supreme Court has lifted the Temporary Restraining Order on the Revised Rehabilitation Plan of College Assurance Plan Philippines, Inc. (“CAPPI”) and remanded the case to the Rehabilitation Court (RTC Makati Branch 148) for its supervision over the implementation of such Plan.
- Announcement
Announcement - CAP College Assurance Plan Philippines, Inc.
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Contact Us - CAP College Assurance Plan Philippines, Inc.
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plan and refers case to the rehabilitation (RTC MAKATI...
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Payment Schedule - CAP College Assurance Plan Philippines,...
- Announcement
- What Happened to Cap
- Financial Crisis and Actuarial Reserve Liability
- Grasping at Straws
The collapse of CAP was the result of a combination of factors, foremost of which were the deregulation of fees for private colleges and universities in 1992, the Asian financial crisis of 1997, and enforcement of new rules that measured the value of CAP’s finances and found it severely lacking, which eventually hastened its demise. We’ll go over e...
The Asian financial crisis, which decimated many other companies and industries at the time, also had a hand in pummeling CAP’s business. During its heyday, CAP invested its revenues in things like real estate, which helped grow that money. Some of that money went into a trust fund that acted as sort of guarantee that the company had enough funds t...
Faced with mounting problems—unable to pay its obligations to its clients and disallowed to sell new plans to generate revenues—CAP’s parent company College Assurance Plan Philippines Inc., filed a Petition for Rehabilitation with the Makati Regional Trial Court a year later, in August 2005. But the SEC opposed CAPPI’s rehabilitation and said so in...
Welcome To Our Services! PLANHOLDERS BENEFIT PAYMENTS MANAGEMENT SYSTEM. COLLEGE ASSURANCE PLAN PHILS, INC. SUPREME COURT UPHOLDS CAPPI REVISED REHABILITATION PLAN AND REFERS CASE TO THE REHABILITATION (RTC MAKATI BRANCH 148)
https://www.esquiremag.ph/money/industry/cap-college-assurance-plan-what-happened-a00289-20220110-lfrm CAP is a pre-need company not insurance. The guaranteed returns (full payment of tuition) despite of economic downturn is indeed deadly.
May email address and website sila: https://capphil.com and I tried emailing them din about sa queries ko and responsive naman kahit na weeks bago sila makareply.
CAP College is a FOUNDATION established by College Assurance Plan, Philippines, Inc. (CAP or CAP Education) and Comprehensive Annuity Plans And Pension Corporation (CAPP or CAP Pension) to provide access to college education to those who cannot go to traditional schools on account of time, work, distance, finances and other constraints, e.g ...
Sep 29, 2008 · September 29, 2008. James Ryan Jonas. What’s the latest on CAP or College Assurance Plan, the failed pre-need firm that left millions of Filipino pension and educational plan holders with nothing when it went down several years ago? That’s what a few PMT members want to know in the discussion thread CAP Insurance, any experience?
