Your question: How can I get Ctpl insurance in the Philippines?

What is a Ctpl insurance?

Compulsory Third Party Liability (CTPL) – This is the basic insurance coverage required by the Land Transportation Office when you register your vehicle. This coverage will answer for the death, disablement and medical expenses of a person injured because of an accident involving your vehicle.

Is Ctpl required?

Getting a Compulsory Third Party Liability (CTPL) is a mandatory requirement for the LTO registration or renewal of your vehicle, as it covers death or bodily injury of a third party in case of a road accident.

Can I buy Ctpl online?

With Paramount’s online CTPL application, you just need to log on to, type in the details of your car, and pay the premium online via debit, credit card, bank deposit, or Bayad Center branches.

How much does health insurance cost in the Philippines?

On average, Philippine health insurance can start anywhere between Php1,400 to Php60,000 annually, depending on which provider you sign up with.

Do you need TPL If you have comprehensive insurance?

Since accidents happen regardless of how skilled a driver is, having a car insurance is one way to manage risk. … TPL provides compensation to the third party in case of an accident. Comprehensive car insurance can also be purchased for extra protection, but isn’t required by law.

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How do I get Ctpl insurance?


  1. Apply Online. Fill out the application form, remember to have your certificate of registration on hand. Apply Now.
  2. Pay Premium. Pay your premium through credit card.
  3. Receive Policy. You will receive your policy kit through email, together with your Certification of Cover (COC).

What can you claim on comprehensive insurance?

Comprehensive insurance

It covers the repair or replacement of your vehicle for events including theft, collision, fire, malicious damage and weather-related damage. It can also cover the repair and replacement of any other vehicles that are damaged by your vehicle in an accident, and damage to property.

How much should comprehensive car insurance cost?

In fact, male and female drivers in NSW, except those under 25 years old, pay higher premiums on average than any other state or territory.

Average comprehensive car insurance premiums in NSW.

Age Average annual premium
25-29 $1,798
30-49 $1,258
50+ $998
Family $2,224

What is MVRR no?

MVRR No. 63231478, denominated as LTO Form No. 2, is an official document issued by the LTO. It is the owner’s copy of the Official Receipt of the payment of the vehicle’s registration fee.

How much is the car registration in LTO?

Below are the following fees you need to prepare for renewing your vehicle’s registration:

  1. Initial fee: P1,000/category.
  2. Renewal fee: P400/category.
  3. Stickers and tags: P50 each.
  4. Regular plate: P450.
  5. Tip for the Stencil Aide: P50-P100 (as stenciling aren’t performed by LTO employees)