Compulsory Third Party Liability(CTPL)Renewal

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Mapfre Insular accommodate those who would like to renew there CTPL or TLP.Requirement for LTO registrationCoverage Php 100,000.00 for Bodily Injury.With free delivery of policy within Cebu City area.Note; We also provide Comprehensive Car Insurance for Banks requirement.For more inquiries please contact the following number;0943-383-8001(sun)0927-335-6240(globe)

[jeigz]

Bump!BUmp!

[jeigz]

Mapfre Insular accommodate those who would like to renew there CTPL or TLP.Requirement for LTO registrationCoverage Php 100,000.00 for Bodily Injury.With free delivery of policy within Cebu City area.Note; We also provide Comprehensive Car Insurance for Banks requirement.For more inquiries please contact the following number;0943-383-8001(sun)0927-335-6240(globe)

[Pomed1984]

According to the Insurance Code of the Philippines, any type of motor vehicle, be they old or new, much have CTPL insurance before they can register with the Land Transportation Office.

So, basically, this is a car insurance premium you can’t avoid getting.

The average cost of CTPL is around P410, but this is exclusive of a value-added tax, authentication fees, and documentary stamps.

So, if you really want to pay the bare minimum in car insurance premium, you could just get CTPL. But if you really want to get your money’s worth out of your car insurance policy, you should invest in insuring you and your vehicle from more than just third-party liability.

Many insurance providers in the Philippines provide comprehensive car insurance. Comprehensive car insurance provides coverage for YOU (and often your passengers) in cases of accidents, loss, and damages caused by third-parties.

Depending on the car insurance providers and they type of car insurance you choose, you can even get insured against Acts of Nature or accidents caused by natural disasters. But that’s an additional coverage that will add to the premium you will pay.

In the Philippines, you are required to have comprehensive third-party liability insurance (CTPL) when you register your vehicle with the Land Transportation Office (LTO). Get your CTPL insurance here https://www.ecomparemo.com/vehicle-insurance/ctpl