What's TPL?

[supercar10]

can someone explain to me what TPL is? I jus bought a new car and it comes with free 3yrs LTO, buh I have to pay TPL P1800 daw.

[nicolodeon]

TPL = third party liability. Useful if you got into an accident where you hit a person. So for example, may nabangga ka tao tapos pinaospital mo at ikaw nagbayad. You can use the TPL claim to reimburse yung expenses mo pa-gamot dun sa tao. Say TPL coverage mo is 50K tapos ang nagastos mo sa pagamot dun sa tao is 15K so 15K lang ma-reimburse mo, hindi mo makuha buo 50K.

Common misconception is that TPL can be used for non-life claims e.g. nakabangga ka sasakyan tapos nasira yung bumper.

[supercar10]

so that's what it is! that means it may be under the insurance coverage right?

[nicolodeon]

kung comprehensive ang insurance cover mo, yes - inclusive na TPL coverage.

[Roger0123]

Does it mean po ba when you have paid for the Comprehensive Insurance, hindi ka na dapat singilin pa ng dealer ng TPL?

[maf]

Does it mean po ba when you have paid for the Comprehensive Insurance, hindi ka na dapat singilin pa ng dealer ng TPL?

It depends, whether the premium you paid for includes the tpl or not. You should check your insurance policy on what your coverage inclusions are.

When I got my policy kasi my TPL is in a separate folder from the OD/Theft, etc. although they came from the same insurance company. The computation for the premiums are separate.

[keelerako]

most comprehensive insurances include third party liability claims in their insurance package. Usually kasi comprehensive insurances covers most kinds of liabilities but provides exceptions to the policy like acts of god, theft, etc. but to make sure, just ask your insurance whether a third party claim is already included in your insurance policy.

[Roger0123]

Ah ganun po ba??

For the TPL and Comprehensive Insurance, is this charged by the bank or the dealer? and are we liable to pay this upfront and in full?

[heuer77]

CTPL

compulsory po ito ng government to get an insurance for the purpose of protecting the third party.

COMPREHENSIVE

consists of own damage/theft + VOLUNTARY tpl ( be it BI - Bodily Injury and PD - property damage). the name itself speaks - BI & PD. In lieu of the CTPL, kung kulang pa ang damage/claim, the comprehensive
coverage will take care the rest. comprehensive also covers acts of god (flood, lightning, earthquake) for additional cost aside from what i have mentioned above.

The BANK requires to have your car enrolled in COMPREHENSIVE INSURANCE as this is also your (mutual) protection against bad elements (carnappers, property damage). Dito kumikita ang dealership sa insurance kasi they can get as high as 25% doon sa OD/TH & BI/PD coverage mo . Some banks (tied up with insurance companies) requires you to pay upfront or payable in x no of months. Most insurance companies now offers installment. Galingan mo na lang makipagbolahan kung pwedeng 12 months to pay hahahaha!!!

[Roger0123]

Wow! Didn't know theres so much going on with TPL :faint: Nosebleed!

But thank you mga Bro sa mga sagot niyo.
- Sir nicolodeon
- Sir maf
- Sir keelerako
- Sir heuer77

and Sir supercar10 for starting the thread! hehehehehe


More power to us all!

Rock on! :rockon:

[mark_t]

TPL covers for Property Damage and Bodily Injury.
You can have this as a policy.

It is different from CTPL.

To give you an example of different vehicle policies.

1. CTPL

2. CTPL plus TPL

3. TPL

4. ALL IN/Comprehensive

5. TOTAL LOSS ONLY

[NickE]

Question. Singit lang po. If TPL is included in the comprehensive policy that you got, does that mean that you don't need to get a separate TPL when its time to renew the registration of the car?

[mark_t]

Question. Singit lang po. If TPL is included in the comprehensive policy that you got, does that mean that you don't need to get a separate TPL when its time to renew the registration of the car?

You will need a CTPL to register your car.
Please do not confuse CTPL from TPL because they are not even on the
same section of the motorcar policy.

Section 1 of the standard motorcar policy is your CTPL.

Section 4 a) and b) of the standard motorcar policy is your TPL.

They are different and even located on different sections of the policy.
The technicalities are different, the effect is different though they seem similar.

TPL cover is similar to that of CTPL. However, this will only respond once CTPL limit of P100,000.00 has been exhausted and this is no longer subject to Schedule of Indemnities. Amount of cover may range from 100,000 to 500,000 depending on the type of motor vehicle being insured and its corresponding premium is based on the regulated premiums of Insurance Commission.

In addition to that TPL will protect assured against damages to properties of third party which he might incur in the use or operation of his insured motor vehicle. Amount of cover may range from 100,000 to 500,000 depending on the motor vehicle being insured and its corresponding premium is based on the regulated premiums of Insurance Commission.

[sheilababes]

hi guys...need help din...naguguluhan kasi ako...it's just now that i read my insurance policy..it states there: type of cover - comprehensive without ctpl. now, since ctpl is, well, compulsory, bakit wala ako nun?? my car is brandnew - actually, won it from a raffle. what happened before was like this: the toyota agent wanted me to get their insurance for a whooping 40k, syempre, i know naman na hindi ganun kalaki aabutin (i have another car din), so, i had him talk with my lawyer..in the end, pumayag namang outside ako kumuha ng insurance though naghingi sya ng favor na kung pwede, kahit yung tpl na lang kunin ko (1800 ata yun)...and now, how would i know na may TPL/CTPL nga yung car ko?? and one more thing, my name in the OR/CR is misspelled. the agent said he would give me an update, pero until now, wala pa din..pano ko mapapacorrect yun?? thanks!!

[mark_t]

hi guys...need help din...naguguluhan kasi ako...it's just now that i read my insurance policy..it states there: type of cover - comprehensive without ctpl. now, since ctpl is, well, compulsory, bakit wala ako nun?? my car is brandnew - actually, won it from a raffle. what happened before was like this: the toyota agent wanted me to get their insurance for a whooping 40k, syempre, i know naman na hindi ganun kalaki aabutin (i have another car din), so, i had him talk with my lawyer..in the end, pumayag namang outside ako kumuha ng insurance though naghingi sya ng favor na kung pwede, kahit yung tpl na lang kunin ko (1800 ata yun)...and now, how would i know na may TPL/CTPL nga yung car ko?? and one more thing, my name in the OR/CR is misspelled. the agent said he would give me an update, pero until now, wala pa din..pano ko mapapacorrect yun?? thanks!!

1. Wala kang kopya ng ctpl kasi nawala. It happens. So you call the dealer what insurance co. they used for the ctpl and request for a reprint of the policy. It is not a problem really.

2. To correct the details on your OR/CR you have 2 options.
a) do it yourself by going to the LTO for the necessary process.
b) pay a car registration assistance provider to do it for you.

[isa1023]

Sorry for bumping to this thread.

Guys I need help re TPL claim ASAP. Below are details:

• Monday, 12 July 2010, 2 am, the car hit a "suicidal" drunk person
• Current victim status: Under medication at Phil Orthopedic in Banawe. We shoulder medical expenses (as expected)
• Hit car is bought 2nd hand, open deed, still registered under original owner
• Called the seller, he will give us contact details and address of original owner
• Is TPL under private comprehensive insurance (car has none)? Or is it under LTO?

Question: When/where and how do we get a TPL claim? Would greatly appreciate prompt response and details. Thanks.

[derf8666]

You should get your CTPL together with the comprehensive, as much as possible. Didnt they give you the policy when you had it insured with them? And daming mga pekeng CTPL out there.

The negative effect is this if you get separate CTPL and compre, especially if it's hard to claim from that company: If you hit a person, resulting in death or injury, it will be claimable first with your CTPL policy before it will use your Voluntary TPL body injury portion from the comprehensive policy. The VTPL portion will not respond UNTIL the cover from the CTPL is used up.

Lets say that an accident resulted in injury worth 20k. Your compre policy will not respond. You have to claim from your CTPL policy. Thats when sometimes misunderstanding creeps in. Bakit ayaw ako bayaran ng company e naka compre naman ako?

Thats the technicality.

[mark_t]

Sorry for bumping to this thread.

Guys I need help re TPL claim ASAP. Below are details:

• Monday, 12 July 2010, 2 am, the car hit a "suicidal" drunk person
• Current victim status: Under medication at Phil Orthopedic in Banawe. We shoulder medical expenses (as expected)
• Hit car is bought 2nd hand, open deed, still registered under original owner
• Called the seller, he will give us contact details and address of original owner
• Is TPL under private comprehensive insurance (car has none)? Or is it under LTO?

Question: When/where and how do we get a TPL claim? Would greatly appreciate prompt response and details. Thanks.

Prepare your OR/CR, Drivers License, CTPL policy/ OR, police report
and deed of sale.
The sooner the better. Habang nasa ospital pa.
Scan it send it thru email to me.
Don't forget to send your direct line.

Try to avoid paying out of your own pocket. Let your insurer handle it.

[mark_t]

Sorry for bumping to this thread.

Guys I need help re TPL claim ASAP. Below are details:

• Monday, 12 July 2010, 2 am, the car hit a "suicidal" drunk person
• Current victim status: Under medication at Phil Orthopedic in Banawe. We shoulder medical expenses (as expected)
• Hit car is bought 2nd hand, open deed, still registered under original owner
• Called the seller, he will give us contact details and address of original owner
• Is TPL under private comprehensive insurance (car has none)? Or is it under LTO?

Question: When/where and how do we get a TPL claim? Would greatly appreciate prompt response and details. Thanks.

The LTO does not issue insurance cover.

What you have is CTPL.

TPL is an endorsement you can have on your CTPL.

Please read from page 1 of this thread.

[tigasin papa]

Meron po akong quotation galing sa isang dealer regarding insurance..ito po ang nakalagay..1 yr Comprehensive Insurance with Acts of God and 3 yr CPTL amounting to P23600...Ngayon meron naman akong quotation galing sa isang dealer at dito po ako nalito..ang nakalagay po ay ito..
PRIVATe WITH ACTS OF GOD 34K
SOMETHING..PRIVATE WITHOUT ACTS OF GOD 29K SOMETHING...COMMERCIAL WITH ACTS OF GOD 27K
SOMETHING AND COMMERCIAL WITHOUT ACTS OF GOD 22K

Ano po ang pagkakaiba ng quote nung isa sa pangalawa...