Thursday, July 11, 2013

CAF, a fund to pay for unpaid amortizations is now in effect

Getting higher and stronger

Angono, Rizal   PHL  |  July 11,

The Holy Gardens  Memorial Park group has started offering automatic CAF coverage to its memorial park buyers.  The CAF will pay the unpaid balance of the customer to Holy Gardens in case of death.  This is an offering of peace of mind since the customer will no longer have the financial burden of paying the balance.

Other features:

l.  No medical exams only questionnaire to be answered;

2. Maximum coverage of P100,000.00

3.  The contestability period is one year;  however in meritorious cases, cases beyond 9 months will be paid up to 50% only

4.  Notices must be filed not beyond 48 hours after occurence of death;   claims will be paid promptly within 30 days after submission of documents.

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