Policies and Guidelines

  1. A Dealer guarantees that all the details in this information sheet are true and accurate which upon HealthWealth International Corp. can completely depend for its reference.
  2. A Dealer is an independent entrepreneur/entity and his/her association with H W I C does not create any principal agent, master/servant, employee/employer, joint venture or partnership’s relationship.
  3. The Dealer is authorized to any customer and is hereby allowed to submit all the necessary documents, i.e. information sheet, bank deposit slip or money order payable towards the purchase of any H W I C’s products. Check payment should be made payable by H W I C. Dealers are not authorized or sanctioned by H W I C to accept cash payments. H W I C shall not be liable for any monetary loss in the course of remittance of payments.
  4. Pursuant to the Consumer Act of the Philippines all Dealers shall be entitled to the corresponding commissions as stipulated in the H W I C Dealership Plan. In line with this H W I C reserves the right to withhold appropriate taxes from the commissions and other monetary benefits of its Dealers. This shall be remitted directly to the Bureau of Internal Revenue of H W I C.
  5. Every Dealer’s is required DPN to have a personal Annual Sales Maintenance.
  6. If a Dealer is unable to reach the personal Annual Sales Maintenance, up to his/her anniversary date (1 year) he/she has a chance to pay off the corresponding cash equivalent.
  7. A grace period of three (3) months after his/her anniversary date is given to each Dealer to perform in order to remain in the Dealership Program.
  8. If in case a Dealer was not able to meet the Annual Sales Maintenance, despite the grace period him/her the Dealer with its corresponding DPN will no longer exist in the system.
  9. H W I C offers 100% customer satisfaction. Dealers may ask for the replacements for product purchased from any H W I C distribution outlets, as long as it is within the allowable period applicable for each product as company policies dictates. Dealers will be given replacements item if above conditions is satisfied.
  10. Dealers shall initiate all possible marketable means to promote and sell H W I C products to the best of his/her ability.
  11. The death of the Dealer automatically terminates all his/her personal benefits under any and all H W I C account/s except those pecuniary benefits occurring here from during the lifetime of the Dealer, after which benefits shall be released to his/her legal heirs and/or beneficiaries upon presentation of proper documents.
  12. In accordance with banking practices, check issued to a Dealer must be claimed and negotiated within six (6) months from date of issuance, there after of which, the Dealer was to pay a minimal fee for check reinsurances. However, if a check remains unclaimed for a year To pay a minimal fee for check reinsurances. However, if a check remains unclaimed for a period of one (1) year, any amount due here under shall be deemed forfeited.
  13. The Dealer shall not associate nor connect, directly or indirectly, as an agent distributor, worker associate or a partner with any multi-level marketing company, particularly engaged in a business which is direct competition with and/or utilizing the same or similar business plan as H W I C. Any violation of this provision shall warrant the unilateral termination of the Dealer’s account with H W I C.
  14. H W I C reserves the right, after due hearing, to suspend/terminate the account of any Dealer who is found guilty of making false representation and prejudicial to the interest of H W I C, fraudulent acts committed against H W I C or his/her colleagues in H W I C, or is otherwise found omitting acts inimical or damaging to the reputation and goodwill of H W I C without prejudice to the right of H W I C to file the necessary suit in court. As such this likewise warrants the suspension and eventual forfeiture of all unreleased and/or acquiring commission and other fringe benefits pertaining to the Dealers account/s with H W I C.
  15. H W I C encourages mutual aid and team-work among its Dealers. Any Dealer found guilty after due hearing of having swayed or influenced other H W I C Dealers to transfer from one sales group to another shall be given proper sanctions, including forfeiture of commissions for grave violations.
  16. In case of cancellation of a Dealer’s under (13), (14), (15), here off, a Dealer shall not be entitled to any refund of his/her payment for the H W I C Product Pack.
  17. H W I C may seek enforcement of its rights herein in any court of the Philippines where it has its main offices or branches and/or terminate this agreement upon default of a Dealer of his/her obligations as set forth herein and/or in the company policy manual. This is H W I C management options.
  18. The Dealer vows that he/she has read and fully understood the provisions herein and obligates himself/herself to update of any subsequent and/or future alterations, amendments and/or addition as stipulated by H W I C in order to comply with applicable laws and prevailing economic conditions.