Is Cocolife Future Saving Platinum Fraud/Scam? - Here's How to Refund Your Money (Personal Experience)


Disclaimer: This blog is purely my experience and opinion about Cocolife Future Saving Plan (Plan). I don't intend to destroy any entities or the company itself. Again, Cocolife is an ISO certified institution and 100% legitimate. This blog is a feedback on how their agents do the marketing strategies just to get possible clients by means of forcing or deceiving someone to sign up is not right. So for those who never intended to get FSP, here's a guide to get your money back.

Perhaps you stumbled on this blog post trying to find out if COCOLIFE Future Saving Platinum is fraud because you got into a situation wherein you just went malling and someone approached you telling you that you have a chance to get freebies like tumbler or bag without doing anything and you just need to listen for 45 minute orientation. Maybe you got interested in the offer of winning an international travel that will be sponsored by COCOLIFE and all you need to do is to advertise their company and you don't need to spend money. And they will ask you if you have Php. 15,000 plus on your ATM card for to qualified. So you decided to go with them thinking that it will just be fast and you won't be spending anything.



Here comes the catch, after you entered their branch office inside the mall. You will be interviewed by their manager asking if you were forced to go and if you are aware of the 45 minutes orientation. They will also ask a recent receipt of your ATM card if it has real money or sometimes they will swipe it just to check.

Then a financial advisor will talk to you inside their conference room. Somewhat you are hesitant to do it but they are very good in persuading people so you'll just go beside it will be just 45 minutes and you'll get the freebies and have a ticket to win an international travel.

At this moment, the financial advisor will ask you about your dreams and goals in life. In this is were the sale's talk begins for them to let you purchase a life insurance. They will show you how it works and will let you think that you really need it. They are not forcing you to join however because of the pressure and the deceptive sales talk you signed the contract and let swipe your card. They will also take a video of you showing that they didn't force you to do it.

And you finally realize you got involved in something that you are not really sure. The sad part is that they were able to get your money. You went home frustrated blaming your foolishness why you signed the contract and gave your card. Well, we make mistakes and I'm one of this foolish who got caught by their bait but does you worry, I'll teach you how to correct and refund your money.


Can I still have my full refund?

The answer is YES. You can still get your money back and I will teach you the easiest way on how to refund your money. No need for you to call/text the financial advisor who forced/deceived you to get the life insurance or even go to the branch where you got the plan.

1. First is you need to write a letter about your decision. Address it to their main office at MAKATI CITY. Tell them that you cannot pay the monthly recurring payments and you have changed your mind. Be firm with your decision. You need to submit the letter personally and don't talk too much just tell them you want a refund and you've changed your mind. Here's a sample letter:


2. And they will tell you it will take 35 days to be processed for they need to investigate what happened. They will also give you their hotline number to call. You need to call the number once a week for updates. This is very important since they will prolong your wait if you won't inquire and inquire about the process.

3. Finally, if your refund is approved which usually all the time. You need to call first to confirm if the cheque is already available at the branch where you got the plan. If yes, you will need to deposit it to your atm card before you can convert it again to cash since the cheque can't be withdrawn.

Here's the sample:



It took me 2 months to get back my money but it was worth it since it was my hard earned money and I can't just invest in something that I don't really understand. The FSP was good if you are looking for life insurance but they should not be so deceiving and coercive in selling their life insurance. They should explain it well without time pressure. They need to let client think well, give ample time for clients to decide.

Hope I've helped you with your worries and concern. If you have questions about your policies you may contact them at 812-9015 local 114 or 594 or email them at clientrelations@gmail.com.


155 comments:

  1. Hi, all the time i used to check webpage posts here in the early hours in the
    dawn, for the reason that i love to find out more and more.

    ReplyDelete
    Replies
    1. hi! i was also deceived by their agents just this may 29, 2018. Exactly the same experience you had when i went to the mall and experienced the same deception tactics like the raffle thing and freebies.
      Now I want my money back. You mentioned on your sample letter about 15 days look up period. I'm not sure if I also have that because that was not mentioned to me that I will have a 15 days look up period. How will I know if I was even given a look up period? Or is this automatic that every new recruit will be given a look up period?

      Delete
    2. Every insurance po meron na 15 days grace period na kunga saan pwede mo po irefund yung pera or icancel and subscription nyo po.

      Delete
    3. Kami nga din d2 kami sm baguio..exactly ganyan nga scenario.pumayag nga ako kc pwede namang hnd kuhuha kung ayaw pero parang cla na nagdecide..inestres muna kami..hanggang sa nagpirmahan natng contrct

      Delete
    4. One yr.na po akong kinakaltasan ATM ko,iba pa yong 15k pag sign up ko ng contract. Nabubwisit ako pinaghirapan kong pera iniipon kinukuha nila. Gusto ko magpa cancell kaso nxt yr. Pa ako maka uwi.ma refund pa kaya pera ko?

      Delete
  2. pano po kung gusto ko ipacancel n ang FSP kc po stressed n ko,feeling ko nloko talaga nila ako,Dios n bahala s kanila.kahit di n po marefund.ano po gagawin ko?need ko p po b pumunta ng office nila o basta hwag n lng ako maghulog.kc po ung unang bayad ko ay iniswype s atm.fear ko lng po bk mbawasan nila atm ko.please help po.thanks

    ReplyDelete
    Replies
    1. Yes po, go to main branch and request for a full refund. Basahin nyo po blog nandyan po process.

      Delete
    2. Hi my contract is 10 months na, can I still terminate the contract and get a refund? Thank you

      Delete
    3. Yes po. But since its 10 months already at may cash value na, nakadepende po sa contract if marerefund mo ng buo or prorated na. I would advice po na kausapin nyo po ang financial advisor na nag sign up sainyo to get clear information on how to cancel and refund the money and matanung nyo din po ang prons and cons ng action since malaking halaga na ang naihulog nyo.

      Delete
    4. Hello po,, pa help po guy,,,, naka avail din po ako ng wla sa oras,, mga agent nayan,,, ,,tapos kinabukasan nag submit ako ng cancellation letter dun sa branch ,ni recieve lang ng nag assis sakin na agent,, sabi nya wla daw manager nila kya,, recieve lang daw muna nila,, confirm lang daw ako kung nandun na manager nila, kc daw na asign sa ibang branch..... Saka sabi pa,, hnd ko na daw ma refund un 2 years pa daw bago ko ma refund... Guys pa tulong naman kung ano dapat ko gawin.. Subrang stress na po ako,hindi na ako makatulog, hindi pa makakain sa subrang stress, laki ng pera,, kinuha sa mastercard ko....ano po dapat kung gawin guys,, pasok pa po ako sa 15 days cooling period. .

      Delete
    5. Sorry to hear that po, ganito gawin mo. Dont BOTHER to go sa branch kasi gagaguhin kalang and they dont have the rights to hold that money kasi nasa grace period kapa. Submit a cancellation letter mismo sa MAIN BRANCH SA MAKATI. Personal ka po punta dun at wag ka magsasalita pa na kung anu anu at ipapaliwanag kapa, sabihin mo po, you change your mind and I dont want continue. Make sure cite mo po yung full refund at cancellation kasi naka autodebit nadin card mo. Wag ka po magpakita ng pagkatakot kasi gagaguhin ka pa nila, pwede marefund ang FSP + GPA na binigay sayu. Do it ASAP.

      Delete
    6. Pa help po. ,ano gagawin ko,, eh wla ung manager sa branch na i na vail ko..,,,,,parang,, wla lage duon.. Ano gagawin ko. Help.. Guys

      Delete
    7. Sinasabihan ako ng agent na nag assist sa akin na balik nalang daw ako,, pag jan na ung manager Nil,,,nagun,, daw,, kung wla sa monday o tuesday... Parang pinabalik balik lang ako,, guy help me.. Please.. 19,729.72 ,,din ung na kuha sa atam card ko... Nakakabaliw na, dko na alam gagawin ko.

      Delete
    8. Yan po problema if sa branch ka pupunt, gagaguhin at papabalik-balikin ka. Kaya Main branch agad kasi yang letter na po na yan isusubmit din nila sa Main, inuubos po nila 15 days grace period mo po.

      Delete
    9. hello sir, gusto ko lang mg direct meseg sa inyu, regarding po kasi ito sa cocolife insurance.. gustu ko rin mag cancel at mabalik yung Pera ko, kaso nasa cebu ako.. need ko rin po ba mg direct meseg sa makati or dito lng din po ba sa office sa cebu?.. sana masagit mu yung tanong ko ☺️ salamat

      Delete
  3. Hi po. Pwede pa din po kaya ipa-cancel kahit almost 1month since na avail ko ung FSP? Kala ko po kasi hindi pwede mgpa cancel ngyon ko lang nakita na pwede pala.

    ReplyDelete
    Replies
    1. Yes po, wala naman silang magagawa if ayaw mo na. All insurance company have this 15 days grace period kung saan pwede mo macancel ang policy at mag refund. But if its 1 month na, mag iinvestigate po sila nyan and nakadepende sa reason mo why you don't want to continue. Just be firm na di mo na kaya bayaran at ayaw mo na wala silang magagawa dyan, and I think baka po prorated na ang pera mo kasi may cash value na yan at nainvest nadin sa market.Much better if you ask your financial advisor before doing this.

      Delete
    2. nakapag refund na po ba kayo? isang buwan na dn po kasi yung sa akin e

      Delete
  4. Its been a month na po since na avail ko ung FSP, pag pina cancel ko po sya may makukuha pa po kaya ako? Thanks po.

    ReplyDelete
    Replies
    1. Yes po, pwede mo po ipacancel at irefund yan. Prorated na nga lang since may cash value na at nainvest na sa market but much better na icancel if di mo naman po mapapanagutan ang monthly payment.

      Delete
    2. Ako po sir nagstart po ako nung sept 2017 this july lang po ako nagstop maghulog at minessage ko yung nagtext sakin sabi ko icacancel ko po yung fsp ko inemail ko na din sila..marerefund pa po ba yung pera ko kasi sabi nung nagreply sakin sa email hindi na pwede

      Delete
    3. Ako po sir nagstart po ako nung sept 2017 this july lang po ako nagstop maghulog at minessage ko yung nagtext sakin sabi ko icacancel ko po yung fsp ko inemail ko na din sila..marerefund pa po ba yung pera ko kasi sabi nung nagreply sakin sa email hindi na pwede

      Delete
  5. 10 months na po yung contract ko, can I still terminate the contract and get a refund?

    ReplyDelete
    Replies
    1. Base po sa mga nababasa ko. YES. But it will not be the exact money na binayad nyo since may cash value na.

      Delete
  6. Yung sakin po ba makukuha pa? Mag 3yrs na kc ako d umuuwi pilipinas dito ako abroad. Nxt year uuwi ako. Patulong naman po pano ma refund.

    ReplyDelete
    Replies
    1. Patuloy ka pa po ba naghuhulog dun? Future saving plan po ba kinuha nyo? Kasi depende po sa insurance policy. If future saving plan at may cash value pa po ang naihulog nyo, marerefund nyo po but prorated na.

      Delete
    2. D ko na po nahulugan. Wala naman nag tatawag or email na manlang sakin sa cocolife. Ano po pwede ko gawing? Uuwi ako nxt yr.

      Delete
    3. D ko na po nahulugan. Wala naman nag tatawag or email na manlang sakin sa cocolife. Ano po pwede ko gawing? Uuwi ako nxt yr.future savings

      Delete
    4. Kung ganun po mas mabuting pumunta po kayo sa cocolife branch na kinuhanan nyo but this time be firm na ayaw mo na icontinue at wala kanang balak pa na ipagpatuloy ito kasi po namimilit at nanlilinlang sila minsan na di na daw pwede. Pero if you have the documents at alam mo magkano naibigay mo, write a letter and submit it sa main branch ng cocolife request for a refund. pero di na sya full baka prorated na if matagal na since may cash value na siguro ang fund nyo po.

      Delete
    5. helow po patulong naman same situation po nangyari sakin sm cebu, tatlong beses akong pabalik balik sa office nila para icancel yong plan pero ang daming alibi at di tinanggap cancellation letter ko at pinabayaan ko na lng sana kasu nakakapaod ng bumalik doon sa office nila at malau pa sa amin ayon lang sadya ko 10k din yon kaso kanina lang tumawag yong yong main brance sa makati na mag automatic sallary deduction daw ng almost 5k na d ko man lang yan alam.. pano po ba gawin ko 2months na nong nag apply ako patulong nman po please salamat..

      Delete
    6. helow po patulong naman same situation po nangyari sakin sm cebu, tatlong beses akong pabalik balik sa office nila para icancel yong plan pero ang daming alibi at di tinanggap cancellation letter ko at pinabayaan ko na lng sana kasu nakakapaod ng bumalik doon sa office nila at malau pa sa amin ayon lang sadya ko 10k din yon kaso kanina lang tumawag yong yong main brance sa makati na mag automatic sallary deduction daw ng almost 5k na d ko man lang yan alam.. pano po ba gawin ko 2months na nong nag apply ako patulong nman po please salamat..

      Delete
    7. I am very sorry to hear that. Ganyan na ganyan po sila magaling magmanipula ng tao cause they are trained that way. Hanggang di ka nag-eskandalo sa kanila a sigawan mo at takutin mo di ka nila papansin at alibi lng mga yan. You have the rights po. And what is worst is naka auto-debit ang card mo so you need to be firm. Since nasa CEBU kapo, you need to ask kung saan ang main branch dyan but as far as I know dito po sa makati ang main branch. Kaya di ko inaadvice na pumunta pa sa branch kasi pagaanuhin kalang ng mga manloloko na yan. Can the main office po Trunkline: (02) 812-9015 // Telephone: (02) 810-7888 - (02) 810-7867 - (02) 810-7885 - (02) 810-7886 > You need to call the trunkline number or customer service number para mapacancel at refund mo na po yan. Wag kang magbabait baitan,kasi gagaguhin ka nila.

      Delete
  7. In the beginning of the test, certain simple questions are asked to establish the norms for that person's signals, based on which the signals for the tough questions that follow can be read liedetectors.co.uk

    ReplyDelete
  8. Pwede po ba via email lang po magpacancel sa cocolife kasi nasa probinsya po ako. Kahapon kulang nakuha at nakauwi na po ako? Or kailangan talaga pumunta sa main office nila?

    ReplyDelete
    Replies
    1. Mahirap po pag email lang usually hindi ka nyan iprioritize. Advice po kasi is you need to go sa branch na kinuhanan mo or sa main branch mismo ng cocolife. Or try to call their customer service po, dun ka marequest ng refund. nandun po ang trunk number nila sa FSP na paper na binigay sayo.

      Delete
    2. sir kktanggap ko lng ng twag sa knila knina... sabi nila nnalo aq ng scholarship sa datamex? legit po b un? valid id lng daw need ko.. tpos i claim ko sa main office nila

      Delete
    3. Based po sa mga nababasa ko, fraud po sya. Make sure walang auto debit ang card mo if meron from cocolife, call the bank and make sure nakablock ang autodebit nila mga nangyayari kasi na ganyan natext din about datamex.

      Delete
    4. Via email ako nag pacancell ng fsp. Nasa probinsya kasi ako noon pero sa Cubao ako naloko. February ako nag-email sa kanila buti na lang pasok pa rin sa 15 days cooling off period. Tiyaga tiyaga lang. June na ako nakakuha ng confirmation email mula sa kanila na refunded/charge back na ang amount. Lesson Learned: Huwag agad magtitiwala.

      Delete
    5. Good to hear po na narefund nyo parin kaso it took 4 months. Mas mabilis talaga pag phone call or mismong letter isusubmit sa main branch sa makati.

      Delete
    6. Hi po ask ko lng. Credit card ksi nagamit ko . Ayaw ng cocolife i cancel . Pwde po ba ako magcancel ng transaction sa bank.? Tnx po

      Delete
    7. Ganito po gawin mo, call your credit card provider and request for a dispute. If possible then easiest way yan para marefund mo pera mo po but if hindi na pwede, follow my nstruction on this blog and submit your letter sa Main Office sa makati.

      Delete
    8. Hi po sir Kenneth,same situation po aq just happen yesterday but here in sm city Cebu,ask q lang po if pwede sa branch lang nila aq magsubmit ng cancelation letter o sa main office talaga nila?

      Delete
    9. hello po , gusto ko lang po malaman kung okay lang po ba magmessage ng diretso sa main branch nila sa makati , buypassing the branch na kinunan ko dito sa cebu ? please help naman po , paki reply din po mga dapat kong gawin .

      Delete
    10. Yes, its okay po na direkta kana sa main branch. Even Insurance Commission ganyan din sasabihin sayo. make sure its within 15 days

      Delete
  9. hi po sa inyo... kkareceive ko lng ng twag mula sa cocolife knina.. sabi nila nanalo daw aq ng scholarship sa datamex... all i need is valid id... totoo kya un? la nmn cla hinihingi aside sa id.. sa main iffice aq pinapupunta

    ReplyDelete
    Replies
    1. Based po sa mga nababasa ko fraud po yan. Make sure walang autodebit ang card mo related daw po yan dun, kinukuhanan ng pera ang card na naswipe.

      Delete
    2. Panu malalaman kung nka autodebit ub card mo?

      Delete
    3. Check mo po yung online transaction or history nyo po with the bank.

      Delete
  10. Nadalihan din ako nyan...ambilis ng pangyayari.. 40k naman nakuha sakin... 1 year ago na

    ReplyDelete
    Replies
    1. Legit naman po sya kaya lang its an insurance. Kaya if hesitant ka at anxious ka about it, much better po na irefund mo nalang at maghanap ka ng insurance company that will make you feel safe and assured na nasa tamang lugar pera mo.

      Delete
  11. kailangan pa ba nila ung mga receipts/papers n binigay nila para maprocess yung refund? or is the cancellation letter enough? thanks po

    ReplyDelete
    Replies
    1. Yes po, isusurrender mo po ang policy at receipt once kukunin mo na ang pera. Call the hotline number na binigay po sayo if pumunta kana sa main branch for cancellation. Once a week mo po tatawagan for update.Wag mo po isasauli ang mga yan until nakuha mo na pera para may proof ka po.

      Delete
  12. Pano po kapag magcacancel na ako at 3 months.Nakapagbayad na po ng semi annual worth 12k..ano pong dapat kong gawin para ikansel?

    ReplyDelete
    Replies
    1. Bali pwede mo po sya marefund but prorated na po yan kasi may cash value na. Punta ka po sa main branch at mag submit ng cancellation letter at refund at sabihin mo di mo na kaya bayaran and you changed your mind.

      Delete
    2. Mga magkano po kaya ang bawas kasi 40k+ binayad ko nung april 2018 eh august na po ngaun if magpaparefund po ako

      Delete
    3. hello nakapag refund na po b kayo?

      Delete
  13. Ganiyan po nangyari sa akin kahapon (JUNE 30, 2018 Harbor Point Subic sa olongapo.Nadeceived ako na akala ko installment sa kanila pero straight po sa credit card.Tumawag ako sa banko para mavoid at binigyan ako ng approval code pero di tinanggap 3 hours lang yun at sabi tapos na ang transaction. Pero sign plang ang ginawa ko sa application at sila na pala ang nagfill-up ng form.Ang pinakita nila na may 20k free insurance na fill up mo nung una wala. Ang raffle stub hindi nila binigay ang copy. May sinabi silang free bag wala din, Gumawa ako ng Sulat ayaw nila tangapin kaya pinagawa nila ako ng sulat na sabihin ako mali. Kakausapin ako ngayon 1pm July 1, 2018 dahil wala ang kaniyang manager.

    ReplyDelete
    Replies
    1. Grabe talaga ang ginagawa nila to be honest. ganyan din po nangyari saakin, free tumbler daw at bag. Wala gagawin then isasales talk kana. ganito po gawin mo, wag kana po sa branch pumunta kasi di ka nila aasikasuhin or either magalit kana at sigawan mo na sila dun lang sila aasikaso at matatakot kasi may laban ka. gawa ka po ng letter like my example at i-direct mo na po sa main branch dito sa makati.

      Delete
    2. Hi same situation nangyari sakin sa subic harbor,ask ko lang musta pag refund mo?

      Delete
    3. Hi same situation sa Subic ayala mall i think na victim rin ako,musta nman po na refund mo na po ba?

      Delete
    4. Medyo matagal but nakuha ko naman po ulit pera ko. Read mo po blog, for you to know what I did to refund it back.

      Delete
  14. kailangan p pong pumunta ng main branch? dpo pwede don sa branch kung saan k po narecruit?
    may article akong nabasa n needed din ng pirma nung agent. need help

    ReplyDelete
    Replies
    1. Wala pong kailangan pirmahan ang agent na nagrecruit po sayo kasi ang process is ipapadala lang po nila sa main branch and baka matengga pa yan sa office nila kasi sale nila yan eh, diretso mo na po sa makati branch sa main office, papaikot ikotin kalang po nyan sa branch.

      Delete
    2. Ito po yung problema ko. Sure po ba na okay lang dumiretso na sa main branch? Pupunta po ako dun bukas para magpacancel

      Delete
    3. Sobrang ok. Ganyan ginawa ko.

      Delete
  15. Hi may ask po if it is ok na aq po ung magpipickup ng cheque ng boyfriend q? Out of the country kasi sya karereply lang ng cocolife sakin na available na daw ung check nya, is it possible na maipapalit q dn ung check into cash? May iniwan syang 2 valid ID'S and autorization letter. Thank you.

    ReplyDelete
    Replies
    1. Hi, yes po if may authorization letter naman at may mga valid ID's then you can claim the check since may valid reason naman bakit di makukuha ng may ari. But yung cheque po nila cannot be converted into cash, you can only deposit it sa bank at ilagay muna sa ATM bago mo maencash.

      Delete
    2. Thanks for your prompt response sir.

      May i ask again f ok lng b n ung savings account na ginamit nya sa cocolife un ulit ang gagamitin para maupgrade ang atm nya into cheque account?

      Delete
    3. We went to sm manila last may 4 and then we decided to widthrawn all (FSP an GPA) but the agent told us na only FSP lang ung pwd, so inilagay nila sa cancellation letter na "RETAIN GPA" sinabi din nila na it takes 30-45 days ang processing, kaso ang nangyari it is more dan 45days..

      Delete
    4. Welcome. About po sa encashment. Any ATM card will do, need mo lang po edeposit yung check dun sa savings account then after malagay sa savings dun mu na sya maeencash, no need to get a checking account.

      Delete
    5. You can refund GPA as well. Ginagawa po nila yan na di pwede kasi sale nila yan, insurance po yan I think for 1 year na coverved ka ng 1 million insurance. kaya mas advisable na mismo sa main branch pumunta kasi ganyan sila. Saakin po matagal din almost 2 months siguro, just call the customer service po for update.

      Delete
    6. Ako dn po gusto ko q dn pong mag refund ung binawas sa atm ko po is 2, 018.15 cents para don sa Fsp and 2000 pesos para sa GPA...nong june 4, 2018 po xa nangyari...tas kahapon lng po july 10 ako pumunta para e refund pero sabi po nila d na po daw ma re refund..sabi po sakin dapat daw po bago lumahpas ng 15days nag cancel na ako, , sayang ponu g pera ko tsaka po baka na auto debit pa ulit notong july 4 kasi every 4 of the month ung monthly mode of payment po...

      Delete
    7. Actually po meron talaga na 15 days grace period pero po pag ayaw mo na talaga they have no choice, ipapainvestigate nila yan. So better go directly sa main branch, explain your side na ayaw mo at gusto mo irefund pera mo. Kulitin mo sila sa customer service, wala silang karapatan para ihold pera mo.

      Delete
    8. good day, sir what if ung savings account na ginamit q sa cocolife is un din ung gagamitin q para maideposit ung cheque? ok lang b un? hnd b kakaltasan ung ng cocolife qng sakali?

      Delete
    9. nagpunta kc aq sa bdo para ideposit ung cheque kaso ang sbi ng teller sakin need daw nila ung voucher nung cheque

      Delete
    10. Sa mismong card po kung saan nakuha yung pera mo madedeposit yung cheque po. And as long na sinabi mo sa letter na "REFUND and CANCEL the AUTODEBIT, okay na po yan, saakin wala na prob. Walang deduction or kung anu man.

      Delete
  16. Sa mga nagcancel po, much better po na kulitin nyo sila thru text and call and email them

    ReplyDelete
    Replies
    1. That is true po, at least once a week icall mu sila for update. And wag papatinag sa branch na pinagkuhanan nyo kasi magaling sila magpaikot ikot.

      Delete
    2. Hello,, pa help naman po,, na ganyan din po ako,, kanina lang,, din , na sales talk din po ako.. Gusto ko po i refund ano po dapat ko gawin. ..na istress po ako . Help po

      Delete
    3. Hi po, i would like to ask if I can just send my cancellation letter thru courier sa main branch ng cocolife? Nasa province ako now (central visayas) and im doubting/afraid that if i will hand in my lettee sa branch eh baka ma stuck lang sya dun.

      Delete
    4. Hi Margie, I know what you are feeling right now, ganyan na ganyan pakiramdam ko noon. I-submit mo na po cancellation letter sa main branch. Follow my instruction above.

      **Yes po thru courier mo nalang if di ka po makakapunta sa main branch but do it asap. At tama ka po, nakatembang lang yan sa branch if dun ka magsusubmit lalo pa di mo sila tatakutin. ganyan na ganyan ang mga yan!

      Delete
  17. Hi...nagulat aq s mga post..coz ive been paying for 5yrs already..and ganto mababasa q..i was trying to call the cocolife number but they are not answering..im out of the country...d q alam qng anong una qng dpt gawin...please do reply tnx

    ReplyDelete
    Replies
    1. Hello po, if its been 5 years na po. Just continue mo nalang po. Actually to be honest legit naman po talaga sya, kaya lang ang pagsalestalk nila ang mali kasi pinipilit nila ang clients. 10 yrs po ba kinuha mo? Kasi if irerefund mo yan malulugi ka po sa investment na binigay mo. Insured ka po ng million dyan pag may mangyari sayo, kaya lang after 10 yrs ang makukuha mo lang is kalahati like if 200k nahulog mo, 100k lang makukuha mong cash kasi yung half sa insurance po na 1M / more depende sa kinuha mo po. nadiscuss po yan sayu ng agent before, bali para syang pension if matapos mo. kaya if I were you po, just keep it kasi 5 yrs na may cash value na yan, mas lugi ka po. This post is for those na parang napilitan lang at di naman talaga gusto kumuha ng insurance.

      Delete
  18. Hi! Nangyare ito sa akin ngayong araw lang. Wala pa sa akin ang policy. Anu kailangan ko gawin para makuha ko agad yung money?

    ReplyDelete
    Replies
    1. Hindi po sya marerefund basta basta kahit wala pa po policy. Since na process na nila yung payment, you need to follow the procedure to refund and cancel the policy po.

      Delete
  19. Good afternoon. Ako din po last month June 2, 2018 na pa fill up nila ako at na swipe nila yong credit card ko so na bigla din ako kasi sabi lng kasi sakin ng promo dzr sa baba na ng dala sakin e claim ko lng daw yong tablet nila tapos para din may 1 point sila makuha pag sumama ako ilang beses na rin ako ng punta .june 3, 2018 nakuha ko yong policy at pina cancel ko so ang ngayon pumasok sa SOA ko na yong amount na 5,503 so ngayon bumalik ulit ako pero di na daw ma cancel . Paano kaya yun pwede pa po ba ma cancel sa banko po ? salamat .

    ReplyDelete
    Replies
    1. Di na po yan maka-cancel sa bank. Wala din po na dispute at mismong si cocolife lang po ang makakarefund nyan at makakacancel. Write a letter, tell them your story na you have been deceived. Submit sa main branch sa makati at ipapainvestigate nila yan. Wag kanang pupunta sa branch, kung pumunta ka man, magpakita ka na galit kasi aamo ang mga yan lalo na may mga client sila na niloloko din. Sabihin mo lang ayaw mo, di ko na yan mababayaran and I want my money back!

      Delete
  20. Hello po. Nagpunta ako ngayon sa head office. Kasi unang punta ko eh sa mismong branch sa rob manila.di naman nila tinanggap letter ko. Well, kinuha nila pero sabi sakin galing lang daw sa blog yun.
    Saka di ko din daw agad makukuha refund kasi traditional. Ngayon nalaman ko na naka autodebit pala account ko. Kasi sabi ko pacancel ko na dahil di ko na mahuhulugan yun.
    That was May. Tapos ngaun lang ako nakadaan at nailakad yung cancellation kasi nga gusto ko din patanggal autodebit sa bank ko. Hindi na daw macancel kasi 2 months na daw nagdaan.
    Sinabi ko na naman na dumaan na ko sa mismong branch di naman nila tinanggap cancellation ko. Kasi need nga yung reference o documentation sa branch bago pumunta sa head office. Parang malabo na macancel account ko. Then sinabi sakin na sana nung time na mag oopen ng account sana dun pa lang nag back out na ko kasi kinansela ko nga yung GPA eh. Sabi ko namimilit din kasi sila which is nakiusap ako sa kanila nun. Sabi sakin sayang mam napirmahan nyo na po forms eh. Kaya ayun wala ko nagawa nakapag deposit ako. Sana kahit icancel lang nila account. Ok lang sakin di konna makuha refund.

    ReplyDelete
    Replies
    1. This really pisses me off, they are deceiving as shit and I told them ilalabas ko baho nila and write a blog. Ganyan na ganyan ang sinnabi saakin, este daw galing sa blog letter. Ngayun, kaibigan ko naloko din, sabi nya wag ako pumunta sa branch kasi di nila yan aasikasuhin, I directed to main branch. Ngayun ito ang trick, gagawin nila lahat wag mo lang irefund ang pera. But you have the right, kasuhan mo sila for sure mananalo ka. But gastus din. Kaya my ultimate advice, wag na wag kang papakita ng kahinaan mo na natatakot ka, walang galang galang. taasan mo nang boses if di nakikinig sayo kasi di yan papatinag hanggang di mo gagawin yan. Don't speak too much or explain yourself. "AYAW KO NA, DI KO MABABAYARAN YAN> NILOKO AKO!!! REFUND MY MONEY AND CANCEL THE AUTODEBIT! Ngayun sasabihan ka nila na sige po, ipapainvestigate po muna namin, but wala pa assurance. Be firm lang, then call customer service once a week. Dito mo rin ipapakita na galit ka at dapat gawin nila ito kasi nararapat lang. Ngayun, once na sinabi na pumunta sa branch kung saan kinuha ang policy, pumunta ka at sabihan mo na I sent a cancellation letter, cancel the policy and refund my money. Wag kang papatinag ulit, matatakot ang mga yan pag gumawa ka ng gulo kasi sila ang mga scammers!!!. Sasabihan nalang sige sir kami na magsesend ng lahat ng forms for cancellation. papaikot ikotin ka nila basta magpakita ka na wala kang alam. pera mo yan and you have the right. Nakakagalit lng pinaggagawa nila.

      Delete
    2. sorry for the late reply. I have already cancelled my account but sadly di ko nakuha refund ko, and sabi din nila na di ko na makukuha ko. umabot na kasi ng mahigit 1 month. ang kinainis ko lang kasi yung time and effort ko nung magpunta ako, wala pang 15 days yun nung after ko makapag open, binalewala nila yung letter na pinasa ko kasi sabi sa blog daw galing. then yung pangalawang punta ko sa branch na mismo, sabi wala naman daw natanggap na letter, eh binalewala nga nila yung letter, tapos pinapunta uli ako sa mall branch, ang nangyari pinatanggal na lang yung autodebit ko kahit sabi ko di ba pwedeng cancel na lang talaga. so gumawa ako ng letter para patanggal yung auto debit. tapos in few weeks may tumawag, yung sa cocolife mismo, pinacoconfirm na kung iccancel o papatanggal yung autodebit. sabi ko pacancel ko na talaga account ko tapos sabi nila na di ko na makukuha refund ko. sabi ko ok lang. naisstress na kasi ako kaya hinayaan ko na lang yun.
      Although sobrang importante sakin ng 5k na yun kasi ilalaan ko sana sa pampaayos ng bahay, nawala pa. pero ayun nga tinawagan ko na din yung agent ko na ininform ko sila na nagcancel na ko ng account, kasi sabi ko tawagan ko na lang yung mall branch kasi nasasayang lang din oras ko, nagleleave pa ko for work para asikasuhin yan tapos wala din. pero I think ok na. mababalik naman sakin yung nawala na 5k.

      Delete
    3. Yan po kasi ang problema. Huwag na huwag na kayong pumunta sa branch kasi papaikot ikotin lang kayo. Sa main branch na po kayo pumunta with the cancelation letter. If di tinanggap, pumunta kayo sa insurance commission at magreport. Make sure din po ang letter nyo personalize yung talagang nangyari sainyo.

      Delete
  21. Hi pa help naman po. Kahapon lang po ako nakapagpa member ng cocolife hindi ko pa nakukuha ung policy gusto ko sana ipacancel na lang ung membership ko. Pwede na po ba ako magpasa ng letter of cancellation kahit na wala pa sa akin ung policy ? Maraming salamat po sa sasagot .

    ReplyDelete
    Replies
    1. Yes po, pass it asap! Meron nang nagtanung saakin nyan and sabi naman nya inaccept naman yung letter at refund. make sure po na wag mong gagayahin ang letter, make it personalize kung anu talaga nangyari. basta stae mo na refund all, cancel policy and autodebit.

      Delete
  22. Hello po, ask ko lang if possible ba na makapag request na agad ng cancellation ng FSP & GPA kahit hindi pa napadala sakin ang policy? Nag doubt na talaga ako sa una palang pero mapilitan ka mag sign ng contract sa mga pinagsasabi nila. Ang sabi pa savings daw un na parang sa bank lang pero mas mataas ang percentage 5% per annum kesa sa bank. Haist, sana ma-refund ko pa ang 25k+ na binawas sa card ko.

    ReplyDelete
    Replies
    1. Yes po, mas isa akong nakausap dito yan ang ginawa nya. Pumunta agad sya sa main branch, inaccept naman yung letter at refund request nya now, nagwawait nalang sya at call for customer service once a week. Actually po, totoo naman talaga na mas mataas interest nila sa bank at di naman talaga sya fraud kaya lang mali ang pagbebenta nila minamadali nila clients. And look now, madami nagpapacancel because of that

      Delete
  23. Hi ung navictim sa Subic Ayala musta po na pa cancel mo na po ba? Dun rin kc ako nkapag avail,plsss reply

    ReplyDelete
    Replies
    1. Hi po, so far lahat po ng nagtanung saakin sa makati po sila nagsubmit kasi dito po kasi ang branch ng cocolife at dito ang pinakamadali.

      Delete
    2. Hi po , same experience po naloko aq ,tanong q lang po if cancellation letter lang ba ang ipadala sa main branch nila o pati yong isang envelope na mga forms at papers at ipadala rin?50k po nadali sa akin kahapon pa help po,,sm city cebu nangyari

      Delete
    3. Wag nyo po ipadala yung envelope kasi katibayan mo po yan na nagbayad ka.Yung cancellation letter lang po.

      Delete
  24. Hello po. Pwede bang Sa makati main branch ko lang kailangan ibigay cancellation letter or do i have to give it also dun sa branch kung saan ako nakapagpapirma? Thankyou

    ReplyDelete
    Replies
    1. Main branch na po kayo diretso, kasi pag sa branch pa mapapatagal lang po yan. Sa makati branch din lang namin po yan nila ifoforward.

      Delete
  25. Me,I love this insurance. Lifetym kang pepensionan, pwede mu iloan ung cash acct value after 5 yrs. Then bblik sau lahat ng naihulog mo pg nmatay kn thru claim of your beneficiaries. Wlang problema sa insurance nato. Its a big positive in the near future.

    ReplyDelete
  26. hi goodev po ganyan din po nangyari sa akin nong nov. 2017 papo ang gusto kopo sana irefund qng binayad ko kaso sabi nila hindi dw po marerefu d after 3yrs padaw po pwedi ma withdraw ang pera ko pls. po pa help naman ano gagawin ko taga davao city po kc ako hindi ako makakapunta ng main branch nila sa makati ano po dapat ko gawin salamat po

    ReplyDelete
    Replies
    1. Legit naman po sya at maganda rin po ang meron na life insurance. If 3 yrs ago na po to, much better na icontinue mo nalang po kasi mapapakinabangan mo din yan in the future. Ang blog po naito ay sa mga taong di naman sinadya na kumuha at di pa nakakalipas sa 15 days

      Delete
  27. hello po wala pa pong 24hours transaction ko. pero nadebit na po yung 9k ko sa cocolifesavings di na po ba maibabalik un?

    ReplyDelete
    Replies
    1. Need mo po magsubmit sa main brnch ng cancellatio mo po sya makukuha basta basta sa branch na kinuhanan mo ng life insurance. make sure po on or before 15 days mo para marefund mo pa.

      Delete
  28. Will i be able to get a refund if that incident happened 2years ago na? Can I still make a move po?

    ReplyDelete
    Replies
    1. Hindi na po sya marerefund since 2 yrs na ang nakalipas, 15 days lang ang pwede ayun sa insurance commission. If continuous ka naman po sa pagbabayad then much better na icontinue mo nalang since legit naman po sya.

      Delete
  29. pwede ba mgsend ng documents thru lbc? sa probinsya po ako ksi.. nagreklamo din ako tapos sbi nila pwede dw icancel ang FPS tapos retain ang GPA. so ginawa k ang process nila. but gsto k din e cancel ang GPA.

    ReplyDelete
    Replies
    1. I would suggest you call them 812-9015 local 114 or 594 or email them at clientrelations@gmail.com about your concern po. Make sure within 15 days po sya.

      Delete
  30. Hi. Ako din nabiktima kahapon lang. Good thing wala pa yung kontrata. Ipapacancel ko na sya bukas. Would you suggest na sa main office na ako pumunta at huwag na sa branch? Kasi baka need ko padin magpapirma sa kanila? At baka hingiin din yung mga temporary certificates na binigay sa akin? Pls reply po. Thank you.

    ReplyDelete
    Replies
    1. No need na po, direkta na sa main branch. Letter of Cancellation lng needed.

      Delete
  31. Hi po ,pahelp nmn po , ganyan din nangyari sakin yesterday , tas ngayun i changed my mind ,savi kse nila maliit lang yung kukunin tas 38thousand yung kinuha ,gusto ko po sana iparefund , kelan po ako magpapasa ng cancellation letter after the policy number po ba or before ?? Wala pa kse sakin yung policy number ... thank u so much po sa magrereply ..

    ReplyDelete
    Replies
    1. Magpasa ka na kaagad ng cancellation letter sa main branch, wag mo na antayin yung policy. Ako ganyan din nangyari sa akin last July 7, ang dami kong tanong sa kanila, kung savings ba ito, kung kelan ko pwede kunin yung pera, kung saan nakadepende yung pension na makukuha after 10 years. Wala silang mapakitang brochure or anything with the fine print. Tapos malalaman ko na hindi pala ito savings plan, insurance pala siya at through loan lang makukuha yung cash value. E kaya ko lang naman kinuha kasi sabi nila SAVINGS PLAN ito.

      Nagsubmit ako after 4 days sa main branch ng cancellation letter at photocopies ng lahat ng documents na hawak ko. Every week or twice a week ako tumatawag pagkatapos nun. Ngayon inaantay ko yung refund ko kasi approved na daw. Another 30-45 days na naman ng paghihintay. At least approved na at kukunin ko na lang yung pera.

      Delete
    2. Yes, I completely agree tama po ang sinabi nya. Main branch agad po no need na pumunta sa branch kasi mapapahaba lang ang process.

      Delete
  32. Sir my makakuha pa ba ako na full refund if 2months na skin ung policy ko?? Buti nabasa ko to blog mo sir

    ReplyDelete
    Replies
    1. Hi sir, based sa Insurance Commission marerefund mo lang ang full amount if nasa 15 days grace period. Nakasaad din po kasi sa contrata if ilang years mo ito bago magalaw so if you really want to refund it back I would suggest you go to Insurance Commision and file a complaint or ask advice.

      Delete
  33. Hello! Out of country po ako, pano po pa cancel?

    ReplyDelete
    Replies
    1. Contact the this number : 812-9015 local 114 or 594 or email them at clientrelations@gmail.com.

      Delete
  34. I had the same experience yesterday (aug 5, 2018) sa sm north. Yung pinromise nilang 45 mins, inabot ng 3 hours. Pagkauwi ko kahapon nagsearch ako agad about COCOLIFE and almost the same ang experience ng mga nababasa ko. Since marami akong nabasang negative reviews and pwede naman i-cancel yung inoffer nila saking insurance, i decided to cancel my plan right away kanina (aug 6, 2018). Pumunta muna ako sa main branch nila. Approachable naman sila, inentertain nila agad ako and mukhang sanay na sila sa cancellations. Pumunta din ako sa branch kung saan ako nagtransact. Also, scheduled na kunin ko yung policy ngayon kaya lang sabi ko di ko na kukunin yung policy. Unfortunately, kung ano yung binait nila kahapon, syang tinaray nila ngayon. Ang daming tanong regarding sa cancellation and tinry pa rin nila na iconvince ako pero sinabi ko ayoko na talaga. Sinabi kong nagpunta na ako ng main branch but for formality sa agent ko, i decided to show up sa branch na yon and inform them na icacancel ko na. In the end, tinanggap pa rin nila yung letter of cancellation ko since nabanggit kong nagpunta na ako sa main branch after ako matarayan Hopefully, makuha ko yung refund ko.

    ReplyDelete
  35. Same experience as well...if i will cancel mine,is there any effect if will not confirm the policy online n sinasabi ng agent which we should do after 24hours upon enrollment? I have the policy pack already

    ReplyDelete
  36. Hi nga sir. Pede patulong.. akala q okay un ginwa q pero prang my alinlangan n ko ng nabasa q ung mga negative comment about COCOLIFe.. on that time pauwe n q napadaan lng aq S.M lipa then my kumausap sken n agent pla ng cocoLife sabi 60 anniversary ni S.M kya my pa trip to singapore sila then katangahan q nmm sumama nmn aq at sabi nya wla dw aq babayaran then nagpunta n nga aq dun sa place nila then inorrient n q about dun then umabot kme 2 to 3 hous cguro kxe nga oinqg iisipan q kung tama ba or mali kung papasok aq dun. Pero kaka salestalk napa sign aq ng contract yesterday lng (August 10, 2018) pa help nmn kung pede q irefun un. Kxe babalik aq mamaya para kunin ung policy contract (August 11, 2018). Pa belp kung akung anu pede q sabihin. 😢😢😢😢....

    ReplyDelete
    Replies
    1. Hello sir, If you have read po the blog. For you to refund the full amount make sure within 15 days sya, at you have valid reason why you want to cancel it. Proceed to the main branch sa MAKATI along AYALA Ave at submit mo po ang cancellation at refund request nyo po.

      Delete
  37. Pa help po. Same expirience. Panu po paraan ipa cancel ung contract. Kxe ang daming negative comment ng Cocolife. Ganun din nangyare sken sa salestalk nila kahapon (August 10, 2018) maka cancel q p po b un kxe ngaun q kukunin ung policy contract August 11, 2018. Pa help po please give me advice.

    ReplyDelete
  38. Hello po. Isa din po akong biktima. I had it last week of July this year but it is more than 15 days na rin ang nakalipas. Medyo wala ako sa isip ko nung nabiktima nila ako pero nagrefuse naman ako kaso halos naman pinaikot nya ang utak ko kaya ayun napasubo ako. Pagkalabas ko ng building nila bigla po akong kinabahan. Pinakita din ng agent na nag asisst sa akin ang senstive information ng ibang nabiktima nila. Hindi na po ako mapalagay kaya sinubukan ko mag search about Cocolife hanggang makita ko ng blog mo. Posible ko pa kaya makuha ang pera ko? 7.5k din kasi yun.
    Salamat po.

    ReplyDelete
  39. hi, navictimize din ako. nakapagemail na ako ng cancellation ko na and nakareceive na ako ng confirmation email from them and have already spoken to them about this. Asa province po kasi ako, but I followed yung mga instructions mo. According sa email na nareceive ko "we already endorsed it to the branch for their proper handling." Now I've been receiving calls and messages from the agent who assisted me nun nagavail ako nito. Should I give them a call and discuss it with them or sa CS/ main branch lang ako makipagdeal? Thanks

    ReplyDelete
    Replies
    1. Go directly to the main branch to settle everything. Bring your cancellation letter as well two copies, one is for you and the other one is for them. make sure you really want to cancel the policy and give your reasons.

      Delete
  40. Hi po. Question lang. Okay lang bang ipadala ko na lang yung cancellation Letter ko sa brother ko since may pasok po kse ako ng weekdays or need tlaga personal pumunta dun? Slamat po

    ReplyDelete
    Replies
    1. So far, personal po dapat kasi ikaw po ang nasa name ng policy. Interview ka din kasi nila your reason of canceling the policy.

      Delete
  41. Hi question lang po. Okay lang bang ipadala yung Cancellation Letter or need tlga na personal pumunta dun? Salamat po

    ReplyDelete
  42. Hi, I have the exact experience kanina lang. may pinapirmahan sila na paraffle akala ko un lang so pinirmahan ko at fill up info tapos samahan ko daw sya para ihulog sa dropbox then after that kinausap at chinika ako nung isang agent. Ngaun ko lang napansin na Manipulation techniqur ang ginawa nila. May kasamang psychology at brainwashing, alam ko naman na legit ung cocolife pero ung agad agaran dun ako di conbinsido. They were about to swipe my card good thing nagkaron ako ng time mag isip at magtanong at sinunus ko instinct ko n mag back out. sobrang saya ko ngaun na din palang parang nag slow mo lahat tapos may nag whisper saaken na mag back out ako. After ko makalabas at mafiluppan paraffle sumakit ulo ko at feeling ko nabrainwashed ako. Good thing I was able to snap out of it. And I tried researching cocolife then I found this Blog. I thank God and my angels na I had the power na tumanggi at mah back out at the very last minute.

    ReplyDelete
  43. Hi po, what to do po if dito kami sa Davao. Kahapon lang po ako nakapirma ng policy. Sabi ng agent 2day di na pwd e cancel kasi na transact na nila kahapon.

    ReplyDelete
    Replies
    1. Based po sa Insurance Commission, pwede po irefund within 15 days. Wag ka po paniwala sa sinabi nya. Submit a refund and cancellation letter sa office nila and please do insist. Nangyari na po yan sa madaming nagcomment dito.

      Delete
    2. Hi po, From Davao din po ako. Gusto ko po sana ma balik yung 5k na initial deposit ko. Kaso lang Bank to bank transaction (BDO to COCOLIFE) tsaka san po ba yung main office? sa manila po ba?

      Delete
  44. Hi po, ung asawa ko po may FSP sa cocolife na nakuha niya sa sm baguio more than a year ago. Nasa abroad na kasi siya. And nasa kanya ung papers. What do I need to do po in behalf of him para mawithdraw ko na po if meron man mawithdraw pa. Thanks

    ReplyDelete
    Replies
    1. If one year na po and naghuhulog naman sya, much better na icntinue nalang kasi as far as I know if same policy po nakuha nya tulad ng saakin good for 10 years yun. meron din na 5 years lang pero mas mahal. If I were you po, if gusto mo na po talaga makuha yan, please coordinate with Insurance Commission lalo na di po yung may ari ang kukuha.

      Delete
  45. Hi po! Kapag po mga 9 months na nakahulog at papacancel yung policy may marerefund pa po ba?

    ReplyDelete
    Replies
    1. Depende po sa policy. Pero if same FSP ka, di po sya pwede kunin na since 9 months na ituloy tuloy nyo nalang po, legit naman yan. Sayang if hahayaan nyo nalang

      Delete
    2. DEAR MR. KENNETH

      Paano naman gagawin kapag na swipe na sa credit card ung full amount for 1 year coverage? Pero 2 days pa lang naman nakalipas?
      please help.

      Delete
  46. Pano po pag 1 year na nakalipas, gusto ko irefund pera ko, kasi after ko makuha yung policy tinago ko lang,dahil ang alam ko talaga savings siya at its up to me kung dadagdagan ko ang unang savings ko,then nagulat lang ako last week lang na magdededuct credit card ko for cocolife. Marerefund pa ba pera ko??

    ReplyDelete
    Replies
    1. So far pag 1 yr na nakalipas di na po yan marerefund. Wait mo nalang magmature ang funds base sa contract if 10 yrs yun. But if you are really persistent at ayaw mo na and nastress ka, please visit insurance commission. Alam ko ang ibang policy, napupull out pero cash value nalang which means prorated na sya.

      Delete
  47. i talked to one of their staff sa Billing department since first due date ko n tomo...after paying 16k++ for d semi anual. as per "Mara" in year 2009-2010 nagstart ung FSP so naisip ko... kaya wala pa masyado nkakapagtestify abt sa FSP kasi wala pa nkakatapos ng 10 years. I read all the comments here and now Im hesitating if i will still continue the semi annual fee of 10K+ or just let it go.. 😥

    ReplyDelete
    Replies
    1. If matagal ka na po naghuhulog just continue nalang, yung mga nagcocomment kasi dito is di naman talaga nila gusto and di pa naman matagal na nakuha. In your case, matatapos mo na ata ang 10 yrs. Legit po yan, just continue sayang ang mga hinulog mo.

      Delete
  48. Hi sir Kenneth.. Kakabasa klang po mga comment. Same experience kanina lang po. Nainvite ako sa office ng cocolife at nagsales talk yung agent nila, ipinakita skn at she discuss the FSP. pero hindi po ako nagbigay ng malaking amount ng money. Nag avail lang po ako yung insurance at kinuhanan ako 2k. Legit po kaya yun? One year daw po yun. May ganun po ba talaga sila? No idea po kasi parang nabigla ako na nagbigay ng pera.

    ReplyDelete
    Replies
    1. Yes po legit ang nakuha mo na insurance. Pag may mangyari then you are insured ng 1M. so if you can keep naman that insurance then go ahead. Ang mga comments dito kasi is yung napilitan, di sinasadya. But cocolife is legitimate so dont worry.

      Delete
  49. Hi. 3 years na ko naghuhulog sa FSP, annually ako magbayad in cash. What if magstop ako magbayad, ano kayang pwedeng mangyari?

    ReplyDelete
    Replies
    1. Ang mangyayari po is gagamitin nya ang cash value nyo, parang rotation at recycle lng nang funds. Pag tumaas ang value nya much better but pag may recession then paunti unti itong mauubos. So much better na continue mo nalang sayang lang pinaghulugan mo, 10 yrs naman yan at least insured ka.

      Delete
    2. Hi sir, Sabi po kasi ng agent pwede naman po daw kahit di mo huhulugan yung saving sa policy?

      Delete
  50. Nakabili din po ako FSP last aug 16. 20k face amount and 8k insurance. Magstart yung monthly ko next year aug 16 2019. Ngaun ko lang narealize na di ko mahu2lugan yung monthly next year due to other priorities. Possible kaya makarefund ako? Nagpaplan din ako magconsult sa insurance commission para ipakita yung contract ko. Tsaka oblige po kaya sila inform ang consumer about sa 15day cooling off period?

    ReplyDelete
    Replies
    1. If nakalipas na sa 15 days, much better na insurance commision kana magderetso. Probably, sila mismo magdidirect sayo sa main office to have a cancellation letter but there will be no assurance na makukuha mo pera kasi nakasaad din yan sa policy eh..

      Delete
  51. Hi po. I need your advice. During the "orientation" I was trying to refuse what they're offering. Sabi ko may pagagamitan ako ng savings ko kaya di ko pwedeng ilagay sa insurance keme. But they keep on insisting and pushing me to avail, they keep on lowering and lowering the initial hulog para sa FSP. Hanggang sa napa-oo na lang ako sa GPA na 6k na pwede ko raw i-upgrade next yr into FSP. During signing all of the forms naalala ko pa nga na sinabi nya na wag daw ako papaapekto sa mga mababasa ko or mababalitaan ko abt sa company ata nila( di ako nakafocus sa sinabi nya kasi nagsasign pa ko ng forms and ang ingay ng music -_-) but I guess ang meaning nya ay yung mga blogs nga. Edi yun na nga pagkatapos na pagktapos nagsearch ako abt sa cocolife, and I was very nervous kasi puro negative ang nababasa ko. Since I'm a freshie lang sa corporate world, 6k is really a big deal for me. I really don't want to continue it. I gave the agent a lot of reasons not to pursue the insurance, e.g. mom already referring me to other insurance company, I'll use the savings for some other plans etc. But he just keep pushing me, until I gave in. I want to cancel it. Can I cancel/refund my 6k even if it is not for FSP but for GPA only? Please please I need your help.

    ReplyDelete
  52. hi
    ask ko lang po if puede ko pa ba icancel yung plan ko. almost 2 years na din ako nagbabayad thru my credit card. marerefund ko po kaya lahat ng binayad ko simula sa unang payment?

    ReplyDelete
  53. hi
    Almost two years na din akong nagbabayad para sa FSP. gusto ko sanang ipacancel na lang. puede ko po ba marefund lahat ng naibayad ko?

    ReplyDelete
  54. Legit po ba talaga ang FSP ng cocolife? bakit kasi puro negative ang comments ditto.

    ReplyDelete