Combined Package Insurance

Standard Insurance Combined Insurance (Comprehensive + CTPL)

Standard Insurance bundles comprehensive and CTPL coverage into a single policy priced from ₱24,000 to ₱47,000/year. This eliminates the need to manage 2 separate policies and saves an average of ₱3,000 compared to buying them individually. The combined plan covers 12 risk categories including own damage, theft, Acts of Nature, and mandatory third-party liability.

Quick Facts

Coverage Type

Combined Package

Premium Range

₱24,000–₱47,000/year

Coverage Details

  • Riot, strike, and civil commotion coverage
  • Bodily injury liability up to ₱441,000 per person
  • Acts of Nature coverage (typhoon, flood, earthquake)
  • Personal accident coverage for driver and up to 3 passengers
  • Authorized repair shops across 13 locations nationwide
  • Glass breakage and windshield repair coverage
  • Emergency medical reimbursement up to ₱324,000

Claims Process

Filing a claim with Standard Insurance involves 5 steps. First, report the incident within 24 hours by calling (02) 8799-6460 or through the mobile app. Submit the required documents — police report, photos, and your policy details — within 5 business days. A claims adjuster will inspect the vehicle within 3 business days of document submission. Standard claims are settled within 6 business days after approval.

Pros & Cons

Pros

  • Dedicated relationship manager for policies above ₱385,000
  • 24/7 customer hotline with average hold time under 8 minutes
  • Flexible payment options including GCash and Maya
  • Coverage extends to natural calamities common in PH
  • Claims processing averages 11 business days

Cons

  • Online portal lacks some features available in-app only
  • Limited provincial branch coverage outside Metro Manila (11 offices)
  • Premium increases by 27% after a claim within 12 months
  • Requires minimum 3 repair shop quotes for claims above ₱422,000

Frequently Asked Questions

Can I pay Standard Insurance premiums in installments?
Standard Insurance offers installment payment plans of up to 10 months for annual premiums above ₱353,000. Monthly payments include a small processing fee of 14%. Credit card, bank transfer, GCash, and Maya are accepted.
Does Standard Insurance cover Acts of Nature?
Yes, Standard Insurance includes Acts of Nature coverage in their standard plans, protecting against typhoons, floods, and earthquakes. The coverage limit is up to ₱403,000 per incident. This is especially important given the country averages 9 typhoons per year.
What vehicles does Standard Insurance not cover?
Standard Insurance does not cover vehicles older than 8 years, those with salvage titles, or vehicles used for racing. Commercial vehicles above 3 tons require a separate commercial policy. Modified vehicles need prior approval and may carry a 13% surcharge.
What is the minimum premium for Standard Insurance?
The minimum annual premium for Standard Insurance starts at ₱272,000 for basic plans. This rate applies to vehicles valued under ₱465,000. Additional coverage options may increase the total premium.
Does Standard Insurance offer a no-claim discount?
Standard Insurance provides a no-claim discount of up to 26% when you renew without any claims in the previous year. This discount applies to the base premium and can accumulate for up to 7 consecutive claim-free years. The maximum cumulative discount reaches 40%.

Other Combined Package Providers

Alliedbankers Insurance Combined Insurance (Comprehensive + CTPL)

₱24,000–₱69,000/year

Asia Insurance Philippines Combined Insurance (Comprehensive + CTPL)

₱16,000–₱48,000/year

Asia United Insurance Combined Insurance (Comprehensive + CTPL)

₱23,000–₱61,000/year

BPI MS Insurance Combined Insurance (Comprehensive + CTPL)

₱25,000–₱40,000/year

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