LTO chief, Asst. Sec. Vigor D. Mendoza II The Land Transportation Office (LTO) warned on Monday, March 17, all its personnel assigned to motor vehicle registration to refrain from rejecting Compulsory Third Party...
For almost all motor vehicle owners, the Compulsory Third Party Liability (CTPL) is just something that needs to be paid just for the heck of complying with the requirement for motorcycle or car registration and renewal. Some do not know what it does, and most motor vehicle owners do not even...
The Insurance Commission (IC) announced that car owners can now claim twice the benefits in their mandatory motor insurance without any increase in premiums. In a statement on Tuesday, March 12, IC said that the regulator has updated the compulsory motor vehicle liability insurance (CMVLI) scheme...