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Freeman Cebu Business

Dychangco group opens new facility in Cordova

The Freeman

CEBU, Philippines — To enhance funeral care standards for the growing population in Lapu-Lapu City and the municipality of Cordova, Cosmopolitan Funeral Homes, Inc. (CFHI), joined by Cosmopolitan CLIMBS Life Plans, Inc. (CCLPI), inaugurated its new Cordova branch in partnership with Cattleya Gardens Memorial Park on Monday, June 8, 2024.

“Through this modern facility, we hope to offer families not only a place of solace but also a range of compassionate options during their time of need,” said Renato “Oly” Dychangco Jr., Chief Executive Officer of CFHI.

In celebration of the company’s 75th founding anniversary, Dychangco promised to continue delivering exceptional and complete memorialization services that honor the diverse backgrounds and needs of Filipinos, as they opened their 23rd branch in Cordova.

Meanwhile, to meet the community’s needs for affordable life plans, CCLPI also extended its Angelica Life Plan service.

“Through initiatives like CCLPI Plans, we continue to innovate and provide affordable life plan options that create a lasting legacy for generations to come,” Dychangco added.

The Angelica Life Plan starts at an affordable monthly price of P540 with a five-year installment fee. The plans range from P30,000 to P500,000.

Moreover, the plan offers the flexibility to transfer or assign it to any third person, with contestability starting anew. This means that transfers include any payments made, insurance coverage (if insurable) with a new one-year contestability period, and all the benefits under the Angelica Life Plan.

The Angelica Policy can be assigned to any third person if all remaining unpaid premiums, taxes, and other charges are fully paid by the policyholder. It is a fixed-value life plan with increasing memorial service benefits.

The Angelica Life Plan includes 24/7 service, body retrieval, embalming, cosmetological care, a casket, viewing equipment, a hearse for interment within a 25-kilometer radius, and is even convertible for cremation.

Additionally, the plan offers value-added insurance benefits for individuals aged 18-65, including a one-year contestability period, life insurance, credit life coverage, accidental death benefit, and waiver of installment due to permanent disability.

For those who prefer a spot cash plan, a discount of 10% off the contract price is available. The Angelica Life Plan is backed by 420 accredited funeral service providers nationwide and offers convenient payment options through Metrobank, BDO, BPI, Chinabank, Landbank, and GCash. — Renee Ross Villariasa, CNU Intern (FREEMAN)

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