What is TPL or CTPL Car Insurance
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Posted on May 26, 2017
Every vehicle owner should be familiar with CTPL insurance, not because you cannot register your vehicle without a CTPL but rather you want know its purpose.
in Philippines, all vehicle owner are required to get CTPL or compulsory third-party liability, because it is required by law.
CTPL insurance covers the person you hit who is injured or killed while using your insured vehicle; it helps you from your financial obligations to the Third-party
So, if you happen to hit any person causing an injury or kill the third-party while using your insured vehicle, You can file a claim to your CTPL insurance provider to help you with your financial obligation.