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  • What are the licensed CTPL insurance companies in the Philippines?

    What are the licensed CTPL insurance companies in the Philippines?

    Here is the list of licensed Insurance Companies in the Philippines:

    1. Pioneer Insurance & Surety Corporation

    2. Malayan Insurance Company, Inc.

    3. BPI/MS Insurance Corporation

    4. AIG Phil. Ins. Company (Chartis Phils., Inc.)

    5. Philippines’ First Insurance Co., Inc.

    6. Cibeles Insurance Corporation

    7. Charter Ping An (Phil Charter Ins. Corp)

    8. Standard Insurance Company, Inc.

    9. Alliedbankers Insurance Corporation

    10. Starr International Insurance Phils., Branch

    11. Mapfre Insular Insurance Corporation

    12. Philam Life and Gen. Insurance Company

    13. Prudential Guarantee and Assurance Inc.

    14. Bankers Assce. (Malayan Zurich)

    15. First Nationwide Assurance Corporation

    16. BF General Insurance Company, Inc.

    17. Blue Cross Insurance, Inc.

    18. UCPB General Insurance Company, Inc.

    19. Perla Companie de Seguros, Inc.

    20. QBE Seabord Insurance Phils, Inc.

    21. Stronghold Insurance Company, Inc.

    22. Commonwealth Insurance Company

    23. Pioneer Intercontinental Inc. Company

    24. Asia Insurance Corp.

    25. Insurance Company of North America

    26. Pioneer Asia Insurance Corporation

    27. Plaridel Surety & Insurance Company

    28. Reliance Surety & Insurance Company

    29. United Insurance Company, Inc.

    30. Sterling Insurance Company

    31. Corporate Guarantee and Insurance Company, Inc.

    32. People’s General Insurance Corporation

    33. Federal Phoenix Assurance Company, Inc.

    34. MAA General Assurance Philippines, Inc.

    35. Petrogen Insurance Corporation

    36. Empire Insurance Company

    37. Alpha Insurance and Surety Company, Inc.

    38. Liberty Insurance Corporation

    39. Centenial Guarantee Assurance Corporation

    40. PGA Sompo Japan Insurance, Inc.

    41. Manila Surety & Fidelity Company Inc.

    42. Mercantile Insurance Company, Inc.

    43. Philippine British Assurance Company, Inc.

    44. Pacific Union Insurance Company

    45. Monarch Insurance Company, Inc.

    46. Paramount Life and Gen. Ins. Corp.

    47. Investors Assurance Corporation

    48. Western Guaranty Corporation

    49. Visayan Surety & Insurance Corporation

    50. Fortune General Insurance Corporation

    51. Intra-Strata Assurance Corporation

    52. New India Assurance Company, Ltd.

    53. Country Bankers Insurance Corporation

    54. AFP General Insurance Corporation

    55. Great Domestic Insurance Company of the Philippines, Inc.

    56. First Integrated Bonding & Insurance Co., Inc.

    57. Premier Insurance and Surety Corporation

    58. Republic Surety and Insurance Company, Inc.

    59. Milestone Guaranty and Assurance Corporation

    60. Security Pacific Assurance Corporation

    61. Meridian Assurance Corporation

    62. R&B Insurance Corporation

    63. Asia United Insurance, Inc.

    64. Far Eastern Surety & Insurance Company, Inc.

    65. Solid Guaranty Inc.

    66. Travellers Insurance & Surety Corporation

    67. Metropolitan Insurance Company

    68. Northwest Insurance & Surety Company, Inc.

    69. FLT Prime Insurance Corporation

    70. Philippine Fire and Marine Insurance Corp.

    71. PNB General Insurers Company, Inc.

    72. CLIMBS Life and General Inc.

    Beware! There are fly by night companies offering Compulsory Third Party Liability (CTPL) in LTO. Unsuspicious motorist may simply just buy a CTPL from a person or company to speed up the car registration process without ensuring its legal existence. Some Filipinos think that whether fake or not, the most important thing is that they were able to show a Certificate of Cover and be allowed to register and complete the registration process. This is not the case, as when the need arise that you accidentally hit a person, you will simply be faced with a fake insurance coverage and will be shelling out hundreds of thousands just because your CTPL is fake.

    https://www.ecomparemo.com/car-insurance/coverages-and-claims/compulsory-third-party-liability

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