ASP Exam II Readings

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E. Philippine Practice and Regulation For Pre-Need Products 

  • Republic Act 9829 An Act Establishing the Pre-Need Code of the Philippines (as approved Dec. 3, 2009), All sections. Download
  • Insurance Commission. Circular Letter No. 08-2012, Allowable Investments for Pre-Need Trust Funds, March 15, 2012 [included in Download Link above]
  • Insurance Commission, Circular Letter No. 23-2012, Valuation of Transitory Pre-Need Reserves [included in Download Link above]
  • Insurance Commission, Circular Letter No. 34-2013, Guidelines for Foreign Currency Denominated Investments [included in Download Link above]
  • ASP Guidelines Governing the Implementation of Amended Pre-Need Rule 31, Issued January 16, 2008 [included in Download Link above]
  • Actuarial Society of the Philippines, Standards of Actuarial Practice in Pre-need. November 18, 2005, All Articles Included [included in Download Link above]
  • Josef, Aida. The Actuary in Pre-Need Plans. ASP Proceedings Volume XIV, pages 124-131, including Discussion. [included in Download Link above]
  • Insurance Commission, Insurance Circular Letter No. 23-2016, Key Features of Micro PreNeed Products, Apr. 12, 2016 Link
  • Insurance Commission, Insurance Circular Letter No. 11-2016, Standard Contract Provisions for Pre-Need Plans, Mar. 8, 2016 Link
  • Insurance Commission, Insurance Circular Letter No. 10-2016, Minimum Requirements for the Approval of Pre-Need Products, Mar. 8, 2016 Link
  • Insurance Commission, Insurance Circular Letter No. 14-2016, Filing of Pre-Need Annual Statements, Mar. 10, 2016 Link
  • Insurance Commission, Insurance Circular Letter No. 12-2016, Standard Format for Viability Study for Pre-Need Plans, Mar. 8, 2016 Link