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Your trusted insurance provider in Cagayan de Oro & Northern Mindanao

Your trusted insurance provider in Cagayan de Oro & Northern MindanaoYour trusted insurance provider in Cagayan de Oro & Northern Mindanao

COMPULSORY THIRD PARTY LIABILITY INSURANCE

OUR INSURERS ARE ACCREDITED WITH ALL MAJOR BANKS

CTPL INSURANCE

Compulsory Third-Party Liability (CTPL) is mandated by the Land Transportation Office (LTO) of the Philippines for all motor vehicle owners.

A duly authenticated Certificate of Cover issued by an authorized Insurance Company is required by the LTO for vehicle registration or registration renewal.

CTPL protects you from any possible liability for a third party caused bodily injury and/or death in an accident arising from the use of your motor vehicle

REQUEST FOR A POLICY NOW !

Call Us

CTPL PREMIUM SCHEDULE

For One-Year CTPL Coverage

for units not over 10-years old; Older units needs prior approval

Private-Use SEDANS, SUVs & Pick-Ups

Php 620.40

At least 10-Years model versions; approval is required for units beyond 10 years old

LIGHT to MEDIUM TRUCKS

Php 677.20

Own Goods,

Not over 3,930 kgs.

HEAVY TRUCKS, TRUCKHEADS, TRAILERS & BUSES

Php 1,267.20

Over 3,930 kgs.

AC & TOURIST CARS

Php 807.20

Over 3,930 kgs.

TAXI, PUJ & MINIBUS

Php 1,150.40

PUB & TOURIST BUS

Php 1,500.40

MOTORCYCLES, TRICYCLES, TRAILERS

Php 317.20

For 3-YEARS CTPL Coverage

Usually for Brand New CASA units

Private-Use SEDANS, SUVs & Pick-Ups

PHP 1,660.40

LIGHT to MEDIUM TRUCKS

PHP 1,795.40

Own Goods,

Not over 3,930 kgs.

HEAVY TRUCKS, TRUCKHEADS, TRAILERS & BUSES

PHP 3,490.40

Over 3,930 kgs.

AC & TOURIST CARS

PHP 2,170.40

Over 3,930 kgs.

TAXI, PUJ & MINIBUS

PHP 3,200.40

PUB & TOURIST BUS

PHP 4,200.40

Add a footnote if this applies to your business

Torres & Associates Insurance Services

Cagayan de Oro PH

Mobile: 0977 8015 382

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