Planning Basics
What You Need to Know About Preneed Plans
A comprehensive guide to understanding preneed memorial plans and how they protect your family.
Planning Basics
Understanding Memorial Trust Funds
How trust funds protect your preneed investment and ensure funds are used as intended.
5 min read
When planning for the future, one of the most important questions Filipino families ask is how their preneed investment will be protected. Memorial trust funds are designed to do exactly that - they safeguard the money you set aside so that it is available exactly when your family needs it.
In the Philippines, memorial trust funds are regulated by the Insurance Commission and operate under strict guidelines. Every preneed plan you purchase is required by law to have a corresponding trust fund that covers the full cost of the services and properties promised.
What does this mean for you? It means peace of mind. When you choose a trusted memorial park like Heritage Park, your payments go into a trust that ensures your chosen lot, service plan, or columbary niche will be delivered as promised.