What is TPL or CTPL Car Insurance
By Carlo Jeff
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 is required to get CTPL or the Compulsary Third-party Liability because it is required by the 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 killed 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.
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