Shortcomings Of CTPL Insurance Philippines
                     SHORTCOMINGS OF 
CTPL INSURANCE 
PHILIPPINES 
S O LU M  E S L
SHORTCOMINGS OF CTPL 
INSURANCE PHILIPPINES 
• Insurance coverage for vehicles is usually necessary and compulsory in most if not 
all countries. There are different types of car insurance plans. CTPL insurance 
Philippines covers injuries or death to third parties. CTPL insurance coverage is one 
of the cheapest and compulsory for car owners to buy. A car is not supposed to be 
driven around if it does not have insurance. Once you buy a car, the first thing you 
should do is buy a CTPL insurance Philippines. It however does not cover the 
insured vehicle damages or the driver, it is strictly third party related just as its 
name suggests. Despite the benefits of CTPL insurance, it has several shortcomings. 
Below are some of the shortcomings of a CTPL INSURANCE Philippines.
SHORTCOMINGS OF CTPL 
INSURANCE PHILIPPINES 
• The first shortcoming of CTPL insurance Philippines is it does not cover third-
party property damage. Unlike as its name suggests, CTPL insurance will only 
cover third-party injuries and death, any property damage, you will have to 
resolve on your own. It is therefore important to understand, the CTPL 
insurance plan and its limitations to avoid false expectations.
SHORTCOMINGS OF CTPL 
INSURANCE PHILIPPINES 
• The second shortcoming of CTPL insurance Philippines is it can be expensive. 
In as much CTPL insurance is known to be cheap, it is also expensive in a way. 
The reason being, it does not cover damaged property, and in case of legal 
liabilities, you will be partially compensated. The fact that it is compulsory, 
means in case you need extra covers that are not provided by CTPL you will 
have to buy extra insurance such as comprehensive insurance as an addition to 
the one you have. Making the whole thing even more expensive.
SHORTCOMINGS OF CTPL 
INSURANCE PHILIPPINES 
• Lastly, another shortcoming of CTPL insurance Philippines is that unlike 
comprehensive insurance, it does not cover legal liabilities and any 
compensation for your injuries. It is strictly third-party related.
• For more information on the shortcomings of a CTPL insurance Philippines, 
visit our website at https://ichoose.ph/ctpl