Combined Package

BPI MS Insurance Combined Insurance (Comprehensive + CTPL)

BPI MS Insurance bundles comprehensive and CTPL coverage into a single policy priced from ₱25,000 to ₱40,000/year. This eliminates the need to manage 2 separate policies and saves an average of ₱1,000 compared to buying them individually. The combined plan covers 10 risk categories including own damage, theft, Acts of Nature, and mandatory third-party liability.

Annual Premium

₱25,000–₱40,000/year

Coverage Items

Pros / Cons

5 / 4

Coverage Highlights

Acts of Nature coverage (typhoon, flood, earthquake)

Personal accident coverage for driver and up to 5 passengers

24/7 roadside assistance within 10 km radius

Own Damage and Theft (OD/T) coverage up to ₱450,000

Bodily injury liability up to ₱248,000 per person

No-claim discount of up to 20% on renewal

Claims Process

Filing a claim with BPI MS Insurance involves 4 steps. First, report the incident within 24 hours by calling (02) 8765-9785 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 11 business days after approval.

Pros & Cons

Advantages

Provides courtesy car for up to 4 days during repairs
Accredited in over 10 repair shops across the Philippines
Flexible payment options including GCash and Maya
Policy issuance within 20 hours for standard applications
Offers no-claim discount of up to 12% after 1 year

Drawbacks

No coverage for vehicles older than 7 years
Premium increases by 28% after a claim within 12 months
Requires minimum 3 repair shop quotes for claims above ₱303,000
Customer service wait times average 4 minutes during peak

Frequently Asked Questions

What vehicles does BPI MS Insurance not cover?

BPI MS Insurance does not cover vehicles older than 16 years, those with salvage titles, or vehicles used for racing. Commercial vehicles above 4 tons require a separate commercial policy. Modified vehicles need prior approval and may carry a 28% surcharge.

How do I file a claim with BPI MS Insurance?

To file a claim with BPI MS Insurance, call their 24/7 hotline within 11 hours of the incident and submit photos plus a police report within 23 days. Required documents include your policy number, valid ID, and the official incident report. Claims can also be initiated through their mobile app.

How long does BPI MS Insurance take to process claims?

BPI MS Insurance processes standard claims within 20 business days from submission of complete documents. Major claims involving third parties may take up to 33 days. You can track your claim status through their online portal.

What is the minimum premium for BPI MS Insurance?

The minimum annual premium for BPI MS Insurance starts at ₱75,000 for basic plans. This rate applies to vehicles valued under ₱319,000. Additional coverage options may increase the total premium.

Does BPI MS Insurance offer a no-claim discount?

BPI MS Insurance provides a no-claim discount of up to 13% when you renew without any claims in the previous year. This discount applies to the base premium and can accumulate for up to 10 consecutive claim-free years. The maximum cumulative discount reaches 39%.

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

Charter Ping An Insurance Combined Insurance (Comprehensive + CTPL)

₱18,000–₱65,000/year

Chubb Insurance Philippines Combined Insurance (Comprehensive + CTPL)

₱17,000–₱61,000/year

Commonwealth Insurance Combined Insurance (Comprehensive + CTPL)

₱16,000–₱50,000/year

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