Category: Compulsory Third Party Liability (CTPL)

Importance of Getting CTPL Insurance in the Philippines

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Importance of Getting CTPL Insurance in the Philippines featured image

The Compulsory Third Party Liability insurance or CTPL is a basic car insurance plan that every Filipino car owner must have before registering their cars to the Land Transportation Office. CTPL covers a driver’s liabilities in case of an accident that injures or kills the third party. Every Filipino who owns a vehicle, including trucks and motorcycles, must have CTPL insurance. The 4th leading cause of death in the Philippines…

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Myths about the CTPL you have to Stop Believing

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Myths about the CTPL you have to stop believing featured image

Many Filipinos tend to feel intimidated and overwhelmed when they hear or talk about insurance. While many recognize its importance, the majority are still lost and confused regarding the specifics, thus, many are still unsure whether it is important to get one for their life, business, and properties. However, being a country which faces a myriad of storms per year, located in the Pacific Ring of Fire, and has a…

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