It’s now the last month to renew your motorcycle vehicle insurance, but are you still uninsured? Not to worry, you still have time to renew your insurance! If high costs and complicated requirements prevent you from renewing your motorcycle insurance, we have the perfect solution for you!
With the help of Cebuana Lhuillier’s Microinsurance, Filipinos can access financial services that guarantee to lessen the effects of suffering in the event that a disaster or unfavorable event occurs. All of that is possible with a reasonably priced insurance option and simple and minimal documentation requirements.
What is Cebuana’s Compulsory Third Party Liability (CTPL) Insurance?
As we near the end of the renewal period for motorcycles to meet the primary LTO requirements, Cebuana’s Compulsory Third Party Liability (CTPL) Insurance is here to help you!
Cebuana Lhuillier’s initiatives made microinsurance more affordable and accessible. In comparison to other CTPLs, you may acquire insurance for just Php 300.40 for motorcycles, how affordable right?
With your own Cebuana CTPL, you are covered for bodily injury and death for any other victims in addition to the driver and passengers. It includes Comprehensive General Liability Insurance (Cars and Motorcycles), which covers LessorCARE, Marine Cargo, and Bonds for the benefit of the owner.
How to Avail of Cebuana’s Compulsory Third Party Liability (CTPL) Insurance?
- Visit one of their 3,000 locations to find the closest Cebuana Lhuillier store. The following link will help you find the branch that is closest to you: https://www.cebuanalhuillier.com/branch-locator/
**Keep in mind that the opening and closing times vary by branch.
- Ask the branch staff when you arrive if you can request for a Compulsory Third Party Liability (CTPL) Insurance for Motorcycle.
- Wait for your turn to be called by the personnel.
- Once you’re called, all you have to do is present 3 things:
- Previous Certificate of Coverage
- Original Receipt
- and the Certificate of Registration of your vehicle from the Land Transportation Office
- We advise you to have the payment of Php 300.40 ready to pay while you wait for further instructions from the staff.
- Accomplish and sign the Certificate of Cover which is Cebuana’s Compulsory Third Party Liability (CTPL) Insurance for Motorcycles.
- Make sure the Certificate is secure and that all the information is accurate.
And there you have it—easy steps for renewing your motorcycle vehicle insurance!
Learn more about Cebuana Lhuillier’s affordable and accessible insurance options by visiting their website.
Microinsurance
