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The Different Types of Car Insurance

Share on facebook Share on twitter Share on email More Sharing Services 10/18/2012 | By MyCars Confused about the kind of car insurance you need? Read on and find out about the various ways that you can be protected from liability.

Driving through EDSA, or any major road in the Philippines for that matter, can be hellish sometimes; people seem to have different views regarding road rules. Traffic conditions can be so severe, in fact, that statistics by the Philippine National Police show that around 41 traffic-related accidents occur every day, with causes varying from human error to mechanical failure. The possibility of property damage, injury and death makes car insurance no longer just a luxury but a must for every vehicle owner because it serves as their protection from liability. If youre planning to buy a car for sale and are unaware of the types of insurance you can get for your ride, here is a low-down on some of the kinds available:

1. Compulsory Third Party Liability (CTPL) CTPL is a must, no questions asked. Presidential Decree 612 Chapter VI dictates that every motor vehicle should be insured against liability for injury or death of third parties. 2. Voluntary third-party liability This serves as your coverage for bills in excess of the amount covered by CTPL. It will keep you from paying a large amount of money out-of-pocket in the event that the accident leads to: a. b. 3. Excess bodily injury high medical expenses, permanent disability Property damage collision with a private property or a luxury car

Extended perils coverage If you can afford to pay additional premiums, you can extend your coverage to include: a. b. Acts of God, a.k.a natural disasters (flood, earthquake, volcanic eruption, etc.) Civil disorder (Strikes, riots, etc.)

4. Personal accidents This type of insurance will cover the injury or accidental death of passengers of the insureds vehicle as a result of an accident. Owning a car is a privilege, but having auto insurance is an obligation that every vehicle owner should take seriously. Before you take your brand-new car out for a test drive, make sure that youve decked it with auto insurance.

CTPL good for 3 years if brand new, then renewable every year after that. CTPL is compulsory third party liability. That is a requirement before you can register your car. LTO offices do not issue that. It is the insurance companies. However, there are many "agents" outside LTO offices and oftentimes in tandem with an LTO officer who are soliciting CTPL packaged with their registration services. You may or may not get from them. However, it is advisable that you dont, especially if you already have one from your insurance agent. CTPL is different from VTPL, which is Voluntary tpl, sometimes also known as Excess TPL and is packaged with your comprehensive insurance policy. To summarize, here are the basic coverages of an insurance policy. 1. CTPL - needed for registration. covers 100k due to death and/or medical and other expenses for third party persons. 2. comprehensive - covers own damage/theft to your vehicle plus VTPL of body injury and property damage 2a. Sometimes also bundled with Acts of nature or acts of God 3. Auto P.A. - covering death or injuries to persons inside the vehicle covered

Motor Car Insurance

Fire Insurance

Personal Accident Insurance


Travel Insurance

Golfer's Insurance

Licensed Firearms Liability Insurance

Comprehensive General Liability Insurance

Marine Cargo Insurance

Micro Insurance

FAQs Insurance

1. What product do you sell?

AFP General Insurance Corporation offers the most convenient, reliable and affordable Compulsory Third Party Liability (TPL) insurance or car insurance.

2. What is a Third Part Liability(TPL)?

Third Party Liability is car insurance that covers against death and or bodily injury to any third party, in an accident caused by or arising out of the use of the insured vehicle. This coverage is subject to the schedule of indemnities and is a pre-requisite in the registration of vehicles.

3. How do I know that your product is authentic?

We are in partnership with one of the largest non-life insurance in the country.

4. Can a TPL be bought outside of LTO compound?

Yes, just be mindful to transaction with reputable insurance company or broker.

5. Is TPL required to those who are registering/renewing their vehicle?

Yes. TPL is compulsory or mandatory by the government. According to the law of Insurance code of the Philippines Chapter VI, Sec. 377. Every land transportation operator and every owner of a motor vehicle shall, before applying for the registration or renewal of registration of any motor vehicle, at his option, either secure an insurance policy or surety bond issued by any insurance company authorized by the Commissioner or make a cash deposit in such amount as herein required as limit of liability for purposes specified in section three hundred seventy-four. As you renew or register your vehicle to LTO they requiring you to get the TPL insurance. By this, LTO will also monitor the flow of your vehicle.

6. How will LTO know that my TPL is real?

LTO, before processing your registration can verify a TPL through their Certificate of Cover Authentication Facility or COCAF.

7. Upon acquisition of a TPL what will I do when I get to LTO?

Just do the usual process like smoke emission, stencil and present all documents including delivered TPL to attending LTO personnel.

8. What are the benefits covered under TPL insurance?

It generally covers people during an accident. The company will pay all the affected third parties. It covers the liability of the insured in respect of the bodily injury and/or death of any THIRD PARTY in an accident caused or arising out of the use of the insured vehicle.

9. How does TPLs work?

If you are involved in an accident your TPL insurance will cover you against the liability. It is primarily intended to provide compensation for the death or bodily injury suffered by an innocent third party as a result of the operation and use of vehicle. It assures the victim and or his/her dependent/s of immediate financial assistance, regardless of the financial capacity of the vehicle owner.

10. How long is the effectivity of TPL insurance?

The effectivity of your TPL insurance is one (1) year beginning at the first day of the month of your registration period.

11. What are the limitations and exceptions of TPL?

The company will subject to the Limits of Liability, pay all sums of necessary to discharge liability of the insured in respect of bodily injury and/or death to any THIRD PARTY in an accident caused by or arising out of the use of the schedule vehicle provi ded that the insureds liability shall first been determined. With the respect of bodily injury and/or death to any party, the Company will pay per victim in any one accident shall not exceed the limits indicated in the Schedule of Indemnities. The Limits of Liability is fixed to all types of TPL of Php 100,000.00 except for the yellow plate vehicles which has additional passenger liability cover.The company shall not be liable in any accident or liability caused or incurred outside the Republic of the Philippines, Acts of God shall not consider in TPL, death and/or bodily injury or damage caused or beyond the limits of any carriageway or thoroughfare, and damage to any bridge.

12. How many people are covered under TPL?

The policy allows covering more than one person but the limits of liability shall not exceed in the aggregate amounts stated by the policy.

13. During an accident, are the people inside the car covered by TPL?
No, only if an optional Coverage of Auto Personal Accident has been included in the agreed policy package

14. How much is the maximum claim amount?

See the table below. These are the computation or Schedule of Indemnities.

What do I do in case of accident?

1. 2. 3. 4. 5. 6. 7. Attend to person(s) requiring immediate medical attention Secure a Police Report even for minor damages. Be sure to fully describe the damage to the involved vehicle passenger in order to prevent a larger claim. If possible, take pictures of the damages. Medical report and evidence of medical or hospital expenses, and/or Death Certificate and evidence sufficient to establish the proper payee. Count the passengers of other vehicle. Get their names, telephone numbers and the drivers license number. This is to protect you in case more people will claim for more than the actual number of passengers. Move vehicles to the roadside in order not to obstruct traffic flow. Both drivers must sign the sketch that describes the veh icles position at the time of accident. Never leave your vehicle unattended to prevent it from further damage.

15. How can I claim my TPL?

In the event of accident you may reimburse your money. The company will pay for the damages. You need to submit necessary requirements or proof stating that you are involved in the accident. Call our customer service for assistance.

16. What if the accident is not my fault?

Will I have to pay for it? Yes. According to the policy there is no-fault of Indemnity that mandate by the company. The company will pay any claim of injury or damage regardless of proving fault of any kind, provided that:

The total indemnity in respect of any one THIRD PARTY shall not exceed the fifteen thousand pesos subject to the foregoing Schedule of Indemnities in case of death or physical injury, without prejudice to the claimant from pursuing his/her claim. In which case, he/she shall not be required or compelled by the company to execute any Quit Claim or document realizing it from liability.

17. Is my TPL automatically renewed?

No. AFP General Insurance Corporation will inform you via email or text to remind you that your TPL insurance will soon expire based in your auto registration date schedule.

18. What type of insurance shall pay for damages to my car?

If you want to cover your car from any damages or you may upgrade your premium into fully coverage. The company offers the Comprehensive Third Party Liability. This policy covers all the identified risk that you, as a car owner, could be subjected too.

19. What is Comprehensive Insurance?

Comprehensive insurance known as full coverage is your safest option, provide you with the most cover and is therefore also your most expensive choice of car insurance. It will cover you whether the accident was your fault, someone elses fault, or even no -fault.

20. What is the different between TPL and Comprehensive?

For instance, many people do not understand what the difference between third party liability insurance and full coverage insurance is. Third party liability coverage and full coverage insurance are much the same, but in other ways they are uniquely different. Before you determine which one you need, it is important to understand exactly what each type of coverage is. Third party liability is essentially covers you in the event of an accident that is your fault or not. It generally covers other people and their property that is damaged in a covered accident. It does not cover you, your passengers, your boat, your motor, or your trailer or any vehicle you have. Full coverage or Comprehensive insurance will cover you, your passengers and your third party.

21. Can I get TPL and comprehensive at the same time

Yes, TPL is mandatory by law & can be added with a comprehensive policy that is a discretion of the car owner.


1. Why do I have to register?

To purchase insurance online and enjoy its benefits a registration or encoding of personal & auto data is needed.

2. How can I register?

You can get your Compulsory TPL insurance online by registering into www.afpgen.com. You may click the GET TPL link and simply fill-up the application form, provide your information including the Order Receipt (OR)& Certificate of Registration(CR) of your car.

3. How can I check if Im already registered?

After you submit your application, you will receive a confirmation via email stating your account details on the website.

4. How much is my premium?

Following are the TPL rates net of tax Car & Utility Vehicles Php 600.00 Light Trucks ( Below 3, 390 kgs) Php 800.00 Heavy Trucks (over 3, 930kgs) Php 1,200.00

5. What if I incorrectly state different number?

All numbers must be correct otherwise this will not match with your Car Registration records and with make your insurance invalid. But if your policy is not yet paid you may edit it anytime or make a new registration