Cebuana Lhuillier Insurance Brokers (CLIB) is making it easier for Filipino drivers to comply with the country’s mandatory Compulsory Third Party Liability (CTPL) insurance requirements. With more than 3,200 branches nationwide, many conveniently located near Land Transportation Office (LTO) offices, CLIB offers a seamless way for vehicle owners to obtain the necessary insurance coverage.
CLIB’s CTPL insurance is competitively priced, providing an affordable alternative to the options available directly at LTO offices. The annual premiums, which offer coverage of up to PHP200,000, are set as follows:
- Motorcycles: PHP300.40
- 4-wheel cars: PHP610.40
- Heavy trucks: PHP1,250.40
- Light and medium vehicles: PHP660.40
These budget-friendly rates help vehicle owners meet their mandatory insurance obligations without putting undue strain on their finances. In addition, the process of obtaining CTPL insurance at Cebuana Lhuillier branches is both quick and efficient, allowing customers to secure their insurance in a timely manner.
“Our aim is to empower Filipinos with the peace of mind that comes from knowing they have a safety net, no matter what life throws their way,” according to Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier.
One of the standout features of CLIB’s CTPL insurance is the immediate issuance of printed hard copies, which are required for submissions at LTO offices. This ensures that customers leave the branch fully equipped for their vehicle registration or renewal.
In the event of any errors, CLIB provides hassle-free cancellation and replacement of CTPL policies, offering customers peace of mind. Cebuana Lhuillier clients can use their loyalty points to purchase CTPL insurance or receive discounts, adding even more value to their transactions.
Anthony Bernabe, CLIB General Manager and Group Head, highlights the company’s commitment to making insurance accessible, affordable, and convenient for all vehicle owners. “Our CTPL rates and services aim to make insurance accessible, affordable, and convenient for all vehicle owners. We are committed to providing solutions that cater to the diverse needs of our clientele, ensuring that everyone can protect themselves and others on the road with ease.”
With its extensive network of branches and customer-focused services, Cebuana Lhuillier Insurance Brokers is simplifying the process of obtaining CTPL insurance, ensuring the safety and financial security of Filipino drivers across the country.