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…
Many Filipinos fell in love with motorcycles primarily because of the heavy traffic in the country’s major roads, including the infamous EDSA. Motorbikes can help people get past traffic by zigzagging through gridlocked vehicles. Because the country’s public transportation system is still facing various problems due to the coronavirus, many commuters rode bikes to travel and get to work. Some people might even consider buying motorcycles to make their lives…
Many people worldwide realized the importance of staying healthy amidst the coronavirus pandemic since it is one of the sure ways to avoid contracting diseases. People purchased vitamins of all sorts to keep healthy, and others may have started comparing health insurance as they realized its importance for the new normal. The pandemic showed how vital insurance is in the Philippines since they can reduce one’s overall expenses for anything…
The coronavirus pandemic resulted in the derailment of the Philippines’ plan to expand the health care services it provides to its citizens. The COVID-19 took a toll on the country’s economy as well as kept it from providing adequate health services after decades of underinvesting on medical care. While the country itself might have some shortcomings on its health care services, there’s no excuse for a Filipino to remain uninsured…
Many car owners today can’t take their cars out on the road thanks to the Luzon-wide enhanced community quarantine and the fact that the lockdown in NCR and several other regions were extended until May 15. Neglecting the car for long periods has several adverse effects that can lead to damages that can keep it from running. People might think that quarantine can let them save money since they won’t…
The coronavirus pandemic has affected nearly the entire world as almost 4 million individuals were infected with the virus, and around 200,000 died as a result. Many people became conscious of their health, and countless businesses were forced to close down or shift to a work-from-home setup. Many people realized that health is indeed wealth, and they’re already keeping themselves as healthy as possible to avoid contracting the disease. Electrical…
The enhanced community quarantine and the general community quarantine that follows it are bound to end sometime in the future once the virus is finally under control and Filipinos go back to their daily lives. Unfortunately, the end of the quarantine will bring with it a “new normal” that will dictate how people should live their lives in the future. The Philippines is an inherently dangerous place for drivers, especially…
The COVID-19 Quarantine resulted in many drivers not being able to use their cars on the road as frequently as before. Some car owners have already decided to store their vehicles for the entire duration of the quarantine period while others still use them to get groceries or to go to work. Whatever the car owner’s decision, they must ensure that the vehicle is well-maintained to keep it in top…
Many non-life insurance companies are operating in the Philippines, and they are all competing to lead the country’s insurance industry. The leading company will have more renown as its clients continue to rely on their excellent services. Many people look at the cost of an insurance company’s services when deciding whether or not to get insured. Those who can afford insurance won’t see price as an issue, but will likely…
The various insurance companies in the Philippines aim to provide the best insurance coverage for their clients and lead the industry as a result. Many people have already realized the importance of insuring their properties to keep their potential financial losses low in case they’re caught in an accident or when they lose properties. More Filipinos are ready in case something happens. Investing in a property, whether on a…