BASIC COVERAGE OF THE MOTOR CAR INSURANCE POLICY

1. Compulsory Third Party Liability (CTPL)

a. It is a pre-requisite for motor car registration
b. Standard amount of coverage of CTPL is PHP 100,000.00

2. Loss of Damage (Actual Amount of Vehicle / Fair Market Value)
The Insurance company will undertake to cover the insured against loss or damage to the insured vehicle including its declared accessories (built-in) resulting form.

a. Accidental collision
b. Fire, external explosion
c. Malicious act
d. Damage while on an inland transit

3. Excess Bodily Injury (EBI) – Death/Bodily Injury)
In case the limit of liability for CTPL has been exhausted, this section will cover the excess subject to the provision of limits stated therein.

4. Excess Liability Insurance (Property Damage)
Cover liability of the Insures against damage to third party property, subject to the limits and provisions of the policy.

5. Personal Accident
Refers to the insurance, which provides benefits/indemnity in case of loss/or to the life or well being of a person
airsing out of an accident.

MOTOR CLAIMS REQUIREMENTS

1. Report the accident to the Motor Car Claims Department / Insurance Company

2. Submit the following documents for the early Processing and settlement of Claim

FOR OWN DAMAGE CLAIM:

1. Photocopy of LTO Registration Certificate and latest O.R. / Notice of Accident Report

2. Photocopy of Drivers License and O.R.

3. Police Reports or Affidavit of Damage duly notarized

4. Photocopy of Comprehensive Insurance Policy with O.R. of premium payment

5. Repair Estimates

FOR THIRD PARTY DAMAGE CLAIM

1. Photocopy of LTO Registration Certificate and latest O.R.

2. Photocopy of Drivers License and O.R.

3. Police Reports or Affidavit of Damage duly notarized

4. Photcopy of Comprehensive Insurance Policy with O.R. of premium payment

5. Repair Estimates

6. Certificate of No Claim issued by the 3rd Party Insurer

PROTECT YOURSELF! INSURE TO BE SURE. YOUR BEST SECURITY IS THE TOYOTA INSURANCE POLICY.