Car insurance provides vehicle owners and drivers peace of mind when dealing with the financial aspects of getting into an accident. It helps them pay for vehicle repair costs, property damage, and hospitalization fees, among other things. There are two types of car insurance: (1) Compulsory Third-Party Liability or CTPL insurance Philippines, which provides coverage for death indemnity, bodily injury, permanent disablement, and medical expenses of third parties involved in…

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Every individual’s driving experience needs adequate support from car insurance. It is essential to have one as the Land Transportation Office in the Philippines requires Third-Party Liability insurance before a driver can register his vehicle. It is prudent to get car insurance ph considering risk is an everyday reality for many Filipinos. More so, the inherent danger of driving along the Philippines’ highways and the number of vehicular accidents only…

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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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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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