CTPL covers the death and/or bodily injury of a Third Party victim in an accident caused by the Insured Vehicle. It is required by law upon vehicle registration to cover damages and losses caused to any third-party person, property, or vehicle. The ...
STEP 1. Login to your GCash app, then click the GInsure icon. STEP 2. Choose Kwik product "Compulsory Third Party Liability (CTPL) Insurance". STEP 3: Enter your vehicle details. STEP 4: Compare prices among Philippines' Trusted Insurance ...
Expenses incurred by the third party due to death, disablement and medical are covered under Compulsory Third Party Liability (CTPL) and any excess in the CTPL benefits are covered under the Voluntary Third Party Liability -Bodily Injury (VTPL-BI).
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 ...