Page 1 of 7 12345 ... LastLast
Results 1 to 10 of 62

Thread: What's TPL?

  1. #1
    Verified Tsikot Member
    Join Date
    Jun 2009
    Posts
    178

    Default What's TPL?

    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.

  2. #2
    Chinese Mafia Don nicolodeon's Avatar
    Join Date
    Feb 2005
    Location
    Dito sa karimlan...
    Posts
    3,300

    Default Re: What's TPL?

    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.

  3. #3
    Verified Tsikot Member
    Join Date
    Jun 2009
    Posts
    178

    Default Re: What's TPL?

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

  4. #4
    Chinese Mafia Don nicolodeon's Avatar
    Join Date
    Feb 2005
    Location
    Dito sa karimlan...
    Posts
    3,300

    Default Re: What's TPL?

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

  5. #5
    Verified Tsikot Member
    Join Date
    Oct 2008
    Location
    Manila
    Posts
    10

    Default Re: What's TPL?

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

  6. #6
    Verified Tsikot Member maf's Avatar
    Join Date
    Jul 2009
    Posts
    48

    Default Re: What's TPL?

    Quote Originally Posted by Roger0123 View Post
    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.

  7. #7
    Verified Tsikot Member
    Join Date
    Aug 2009
    Posts
    8

    Default Re: What's TPL?

    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.

  8. #8
    Verified Tsikot Member
    Join Date
    Oct 2008
    Location
    Manila
    Posts
    10

    Default Re: What's TPL?

    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?

  9. #9
    Verified Tsikot Member heuer77's Avatar
    Join Date
    Jul 2009
    Location
    Rosewood
    Posts
    71

    Default Re: What's TPL?

    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!!!

  10. #10
    Verified Tsikot Member
    Join Date
    Oct 2008
    Location
    Manila
    Posts
    10

    Default Re: What's TPL?

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

ADVERTISEMENTS

Receive Latest Cars For Sale Alerts via Email

Enter your email address:

Delivered by FeedBurner

Tsikot Car Finder Latest Car Listings
Thousands of Tsikoteers see these ads everyday. Get better results with your car ads. Post your cars for sale at Tsikot Car Finder now!


Page 1 of 7 12345 ... LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •