How are the benefits paid out? How much can I get from my CTPL Insurance?

How are the benefits paid out? How much can I get from my CTPL Insurance?

Section 1 – Third Party Bodily Injury or Death



Section 2 – No Fault Indemnity

The limit under this benefit is Php 15,000.00 per person.This is the maximum amount the insurance company is required to pay a third party injured or killed in an accident involving the insured vehicle without the necessity of proving fault or negligence on the part of the insured.