MOTOR CAR INSURANCE

  1. CTPL (Compulsory Third Party Liability)
    • Coverage : Bodily injury to third party- to protect the welfare of the public in cases of motor car-related accidents
      • Private car (PC)
      • Commercial Vehicle (CV)
      • Motorcycle (MC
  2. Comprehensive Insurance
    • Optional Coverage
      • Own damage / OD
      • Bodily Injury / BI
      • Property Damage / PD
      • AUTO-PA / MVPA Act Of Nature
  1. OWN DAMAGE
    • Coverage is determined by FMV.
    • Covers vehicle of first party
    • Deductibles:
      • PC – 0.5% of the OD coverage minimum of 2,000
      • CV – 1% of the OD coverage minimum of 3,000
      • MC – 1% of the OD coverage minimum of 1,000
      • LTO – 1% of the OD Coverage minimum of 5,000 - 10,000
  2. BODILY INJURY(BI)
    • Additional/excess of CTPL for Body Injury/Death.
    • Covering only the Third party.
  3. PROPERTY DAMAGE(PD)
    • Covering only the property damage caused by the assured towards Third party.
  4. AUTO-PA
    • Covering only the first party passenger/authorized driver/passenger of first party.
    • 50,000.00 Per person w/ 5,000.00 medical reimbursement for 4-wheels or more vehicles
    • 10,000.00 Per person for motorcycle w/ 1,000.00 medical reimbursement.