Combined Package

PhilAm Insurance Combined Insurance (Comprehensive + CTPL)

PhilAm Insurance bundles comprehensive and CTPL coverage into a single policy priced from ₱25,000 to ₱52,000/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 6 risk categories including own damage, theft, Acts of Nature, and mandatory third-party liability.

Annual Premium

₱25,000–₱52,000/year

Coverage Items

Pros / Cons

5 / 4

Coverage Highlights

No-claim discount of up to 28% on renewal

Authorized repair shops across 17 locations nationwide

Riot, strike, and civil commotion coverage

Third-party property damage up to ₱283,000

Emergency medical reimbursement up to ₱284,000

Fire and lightning damage protection

Excess bodily injury up to ₱101,000

Claims Process

Filing a claim with PhilAm Insurance involves 6 steps. First, report the incident within 24 hours by calling (02) 8359-6521 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 12 business days after approval.

Pros & Cons

Advantages

Flexible payment options including GCash and Maya
Mobile app available for iOS and Android with claims tracking
24/7 customer hotline with average hold time under 13 minutes
Online policy management and renewal portal available
Partners with 10+ hospitals for personal accident claims

Drawbacks

Deductible starts at ₱334,000 for first-time claims
Customer service wait times average 11 minutes during peak
Online portal lacks some features available in-app only
No coverage for vehicles older than 20 years

Frequently Asked Questions

How do I file a claim with PhilAm Insurance?

To file a claim with PhilAm Insurance, call their 24/7 hotline within 20 hours of the incident and submit photos plus a police report within 42 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 PhilAm Insurance take to process claims?

PhilAm Insurance processes standard claims within 15 business days from submission of complete documents. Major claims involving third parties may take up to 32 days. You can track your claim status through their online portal.

Can I pay PhilAm Insurance premiums in installments?

PhilAm Insurance offers installment payment plans of up to 14 months for annual premiums above ₱77,000. Monthly payments include a small processing fee of 13%. Credit card, bank transfer, GCash, and Maya are accepted.

Does PhilAm Insurance cover Acts of Nature?

Yes, PhilAm Insurance includes Acts of Nature coverage in their standard plans, protecting against typhoons, floods, and earthquakes. The coverage limit is up to ₱95,000 per incident. This is especially important given the country averages 6 typhoons per year.

What vehicles does PhilAm Insurance not cover?

PhilAm Insurance does not cover vehicles older than 11 years, those with salvage titles, or vehicles used for racing. Commercial vehicles above 8 tons require a separate commercial policy. Modified vehicles need prior approval and may carry a 16% surcharge.

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₱24,000–₱69,000/year

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₱16,000–₱48,000/year

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₱23,000–₱61,000/year

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₱25,000–₱40,000/year

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₱18,000–₱65,000/year

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₱17,000–₱61,000/year

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