IC Circular Letter No. 2015-27

: The main purpose is to promote the interest of the Pre-Need industry and foster cooperation, discipline, and harmony among Pre-Need companies.
: All Pre-Need companies authorized to transact business in the Philippines and those intending to engage in pre-need business are required to become members.
: Existing Pre-Need companies which are not members must apply for membership within thirty (30) days from the date of the circular.
: New Pre-Need companies must apply for membership within thirty (30) days from the issuance date of their Certificate of Authority by the Insurance Commission.
: Membership to the Pre-Need Federation is governed by its own rules and regulations.
: No. The Pre-Need Federation must provide and make available its services to all members without discrimination.
: Compliance with this Circular Letter is a criterion in the issuance or renewal of the Certificate of Authority for Pre-Need companies.
: This Circular Letter took effect immediately upon issuance on June 1, 2015.
: The Pre-Need Federation is tasked to unify Pre-Need companies and ensure cooperation, discipline, and harmony within the industry by enforcing mandatory membership and providing equal services to members.