How can I get TPL insurance in the Philippines?

How do I get Ctpl?

CTPL

  1. Apply Online. Fill out the application form, remember to have your certificate of registration on hand. Apply Now.
  2. Pay Premium. Pay your premium through credit card.
  3. Receive Policy. You will receive your policy kit through email, together with your Certification of Cover (COC).

How do I apply for Ctpl online?

Online CTPL

  1. Apply. Fill out the online application form. Make sure you have your Certificate of Registration.
  2. Make Payment. Pay your premium using your debit/credit card or via our partnered banks, convience store and remmittance outlets.
  3. Get Policy. Download or print your COC and Policy documents from your email.

Can I get Ctpl in LTO?

Getting a Compulsory Third Party Liability (CTPL) is a mandatory requirement for the LTO registration or renewal of your vehicle, as it covers death or bodily injury of a third party in case of a road accident. Make sure you get one at the right price and from a reputable insurance company like Pioneer.

Do you still need TPL If you have comprehensive insurance?

Philippine law requires all vehicle owners to purchase a compulsory Third Party Liability (TPL) insurance policy before they register or renew their vehicles at the LTO. … Comprehensive car insurance can also be purchased for extra protection, but isn’t required by law.

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How much does TPL cost?

The minimum price of TPL is around PHP 650 annually and covers a maximum amount of PHP 100,000. The rates of TPL are the same across models of the same vehicle type – which means no insurance company can charge more than what is set by the Insurance Commission (IC).

When should I get Ctpl insurance?

It protects the owner of the vehicle from financial obligations to anyone who is injured or killed by the insured vehicle. Owners of cars and motorcycles are required to get this coverage before they register their vehicle to the Land Transportation Office (LTO).

How can I get Ctpl insurance in the Philippines?

CTPL

  1. Apply Online. Fill out the application form, remember to have your certificate of registration on hand. Apply Now.
  2. Pay Premium. Pay your premium through credit card.
  3. Receive Policy. You will receive your policy kit through email, together with your Certification of Cover (COC).

What is comprehensive cover in car insurance?

As the name suggests, a comprehensive insurance policy offers complete protection to both the parties involved in an accident. So, the damages to self, car, as well as the other party involved in the accident are covered by the comprehensive policy, up to the maximum coverage amount.