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Car Insurance

Philam Auto Passenger Accident Protection Plan
Insurance | Offered | Posted January 26, 2009 03:19AM
Makati City, Metro Manila
256 views | 0 post
Ads ID: 1093640 | Short URL: http://sulit.com.ph/1093640 | Content Preview
UCPB Motor Excel Protect Comprehensive Car Insurance
Insurance | Offered | Posted February 9, 2009 01:12PM
Makati City, Metro Manila
959 views | 7 posts
Ads ID: 1137244 | Short URL: http://sulit.com.ph/1137244 | Content Preview
Compulsory Third Party Liability (CTPL)
Insurance | Offered | Posted January 18, 2009 12:32AM
Makati City, Metro Manila
544 views | 1 post
Ads ID: 1071516 | Short URL: http://sulit.com.ph/1071516 | Content Preview
Philam My Auto Comprehensive Insurance Package
Insurance | Offered | Posted February 2, 2009 03:20PM
Makati City, Metro Manila
985 views | 1 post
Ads ID: 1116318 | Short URL: http://sulit.com.ph/1116318 | Content Preview
Comprehensive Car Insurance
Insurance | Offered | Posted December 19, 2008 10:07AM
Makati City, Metro Manila
1132 views | 2 posts
Ads ID: 982601 | Short URL: http://sulit.com.ph/982601 | Content Preview
BPI/MS Motor Car Insurance
Insurance | Offered | Posted January 19, 2009 01:20PM
Makati City, Metro Manila
1548 views | 0 post
Ads ID: 1075072 | Short URL: http://sulit.com.ph/1075072 | Content Preview

Information about Motor Car Insurance

Compulsary Third Party Liability (CTPL)
A CTPL is different from a Comprehensive Car Insurance. CTPL is the insurance you obtain upon registration of your vehicle to LTO.

Comprehensive Car Insurance:
A comprehensive car insurance policy comprises of:

A. Own Damage (OD) & Theft – Pays for damage of car in case of accident. Also pays for loss due to carnapping. Amount insured is the current fair market value of your car.

B. Excess Third Party Bodily Injury – Pays for bodily injury of third party (other party) in case damage is more than the amount covered by your CTPL. This will help in the hospitalization costs especially if the owner of the insured vehicle is at fault.

C. Excess Third Party Bodily Injury Property Damage –
Pays for the damage of other people’s properties due to accidents. This helps the insured car owners in paying for damaged properties especially if they are the ones at fault.

D. Auto Personal Accident (PA) Insurance  - Pays for the hospitalization costs and medical expense of your passengers in the event of an accident

A car insurance policy insures all standard/stock accessories included. Additional accessories/modifications can be insured for additional premium. Premium depends on the actual value of the accessory.

Deductible/Participation is the contribution of the insured (owner of the car) in time of loss. This is to make car owners careful and wary of their car (though they’re insured)

In time of claims, car owners also pay for depreciation of parts, if the damaged part is replaced by a brand-new part, insured owners usually about 10% depreciation cost of the part.

Need to know more? Contact us at:

Address: 2F Erlag Bldg., Esteban St., Legaspi Village, Makati City
Telephone numbers: 8932285 / 8938790
Fax: 8935334
E-mail: paj546@hotmail.com
YM: paj.resources