"Pre-Need Plan Code of the Philippines". The proliferation of pre-need corporations has raised questions on the industry's capability to provide security to its investors and planholders. There is a need to regulate the industry to protect its investors and planholders from fraud. This bill seeks to provide the legislative framework that will govern the pre-need industry, provide the regulatory standards within the industry to level the playing field, strengthen the Insurance Commission's regulatory capabilities to insure that the indsutry does not become a forum for abuse.