Lopez Branch
Lopez, Quezon
History and Development of St. Peter Life Plan, Inc.
( Fact-finding Report )
GROUP 11
Leonalyn G. Valdoria
Liezel Verdera
Ederlyn Manette A. Villanueva
Niña Anjila Zamora
Roberto C. Laguatan
Subject Professor
October 11, 2012
SY 2012-2013
INTRODUCTION
St. Peter Life Plan, Inc. (SPLPI) is a Pre-paid Death Care company which offers traditional and affordable life plans to all segments of the society. It was incorporated by Francisco M. Bautista on October 27, 1970. SPLPI is a charter member of the Philippine Federation of Pre-Need Plan Companies, Inc. It is registered and licensed with Securities and Exchange Commission (SEC) and complied with all pre-need regulations. As security to its planholders, St. Peter Life Plan Inc. maintains trust funds with the following commercial banks: Equitable-PCI Bank, United Coconut Planters’ Bank (UCPB), Bank of the Philippine Islands (BPI), Banco De Oro (BDO), Metrobank and Rizal Commercial Banking Corporation.
They have different plan types that suit your budget and are payable in cash of instalment for a period of five years. Some of them are Life Plan with Return of Premium and Traditional Life Plan.
To know the historical development of the St. Peter Life Plan, Inc., to determine its present situation or condition and to gain information about the company’s future plans are the purposes or objectives of this written report.
BODY
I. THE BEGINNING A. The Founder
Francisco “Tatay†Bautista had learned to deal with life’s hardship at an early age. He lived in a small farmland and worked as a carpenter and farmer in San Mateo and dreamt of a better future after a day’s work sitting on top of a carabao. He grew up into a man fiercely determined to succeed. His triumphs over the impediment that he encountered and his immeasurable trust in God were his source of strength and guidance as he worked his way up making his dream a