We are living in a society where poverty is an issue. People
want to be financially stable and with that some choose to invest their savings
in what we called INSURANCE.
Recently Philippine Prudential Life Insurance Company
(PPLIC) linked to “scams” allegation. There are number of people complaining
about the company marketing strategies, yet the company is still operating and
to my surprise, I saw a message
from Pres. Benigno Aquino about PPLIC 51st Anniversary. If the company is a
bogus one, why is that PNoy had something to say good about them? This
complicates everything.
People said that their marketing strategy in malls were like
this. They are to ask you if you have a credit card or any bank accounts then
if you have they will introduce you their products. I am too personally experienced it, but the
first second the personnel asked me if I have a credit card, I confidently said
that I’m not interested and walked away as if nothing happened.
With what I have read about the PPLIC Scams, I got a pushed
to research if the scam is really true or not and after a deep search I found
couple of links that has something good to say about the issue. Below are the
links, you may likely check them out.
Hope the links are helpful. If you have something to say,
please feel free to drop your comments below. Thanks for reading!

I think people must read this blog. I appreciate your effort to found all of these links. I think that the message of PNOY about this insurance scam in the Philippines will clarify the issue of PLIC as a scam.
TumugonBurahinPlus the news article from GMA, ABS-CBN and PhilSTAR are good links. Thanks again!
TumugonBurahinI agree with you Zab Clement. I wonder why the highest government official of the Philippines would bother writing a congratulatory message like that. If he will be doing it, of course his reputation is at stake to. Maybe people are just going crazy of cancelling their insurance policies because of the negative publicity other blogs are promoting. Or maybe, they have mistakenly thought that Philippine Prudential Life Insurance Company is the bankrupt company Prudential Life Plans. I think this article will be a good read about this issue. Insurer Philippine Prudential says it isn’t the shuttered Prudential Life Plans.
TumugonBurahinhttp://opinion.inquirer.net/61475/philippine-prudential-life-no-relation-to-ppi This link shows what James Abram is saying. I am too agree that this is just some kind of a mistaken identity.
TumugonBurahinThe blog is a great find for me!