Since June, I’ve been regularly calling up the office of the Conservator for Prudential Life, and I appreciate the assistance of their staff who gave me updates on the status of the case. She was very accommodating every time I gave her a call. Last Thursday, I was lucky because when I called up to check for any news, I was told that the case is now on Receivership status and that I could already file my claim at the Prudential Head Office in Makati. I was advised to file my documents the next day because the announcement was supposed to be posted in the Insurance Commission website today, 8 October. So, I immediately prepared the needed documents, just like what I did last November 2011 when I requested for reimbursement. My husband was able to file the documents last Friday, and according to the staff of Prudential, we can expect our check within 30 days. That’s good news for us, though, we’re not expecting it to be a big amount because my husband was told that the amount that they will release will be just the 25% of the total expected amount of the plan. The balance will be given after the liquidation of the assets of the company. They also couldn’t give the actual computation, so, in my case, I cannot even expect that I’ll receive the actual 25% of my son’s tuition fee for the 1st and 2nd semester of this school year. But still, at least there’s some development, and that’s good enough for me… for now.
To those of you who visit my blog to get updates on Prudential, I suggest that you submit your documents to their head office in Makati. You have until the end of October to do that. The issuance of check will be on a first-come first-served basis, and I’m sure, by this time, there will be a long queue already. My husband submitted our documents last Friday and yet he was already No. 16 in the list.