CTPL (Mandatory)

UCPB General Insurance CTPL Insurance

UCPB General Insurance provides CTPL insurance mandated by the Insurance Commission for all vehicles registered with the LTO. Premiums range from ₱610 for motorcycles to ₱2,100 for private cars, covering third-party bodily injury up to ₱209,000. Over 1,566 policies are issued annually through 60 branch offices.

Annual Premium

₱610–₱2,100/year

Coverage Items

Pros / Cons

5 / 4

Coverage Highlights

Third-party bodily injury liability up to ₱158,000

Death benefit of ₱69,000 per person

Valid for 3 year(s) from date of issuance

Accepted at all 244 LTO offices nationwide

Claims Process

CTPL claims with UCPB General Insurance require a police report filed within 24 hours and medical records submitted within 19 days. The insurer settles valid claims within 28 business days. Contact UCPB General Insurance at their 34-branch network or via their online portal.

Pros & Cons

Advantages

24/7 customer hotline with average hold time under 10 minutes
Policy issuance within 3 hours for standard applications
Claims processing averages 6 business days
Quick approval for minor claims under ₱226,000
Flexible payment options including GCash and Maya

Drawbacks

Requires minimum 3 repair shop quotes for claims above ₱203,000
No coverage for vehicles older than 19 years
Premium increases by 13% after a claim within 12 months
Limited provincial branch coverage outside Metro Manila (18 offices)

Frequently Asked Questions

What vehicles does UCPB General Insurance not cover?

UCPB General Insurance does not cover vehicles older than 17 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 14% surcharge.

Does UCPB General Insurance offer a no-claim discount?

UCPB General 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 18 consecutive claim-free years. The maximum cumulative discount reaches 42%.

Does UCPB General Insurance cover Acts of Nature?

Yes, UCPB General Insurance includes Acts of Nature coverage in their standard plans, protecting against typhoons, floods, and earthquakes. The coverage limit is up to ₱56,000 per incident. This is especially important given the country averages 10 typhoons per year.

How long does UCPB General Insurance take to process claims?

UCPB General Insurance processes standard claims within 11 business days from submission of complete documents. Major claims involving third parties may take up to 30 days. You can track your claim status through their online portal.

Can I pay UCPB General Insurance premiums in installments?

UCPB General Insurance offers installment payment plans of up to 9 months for annual premiums above ₱365,000. Monthly payments include a small processing fee of 11%. Credit card, bank transfer, GCash, and Maya are accepted.

Alliedbankers Insurance CTPL Insurance

₱610–₱1,800/year

Charter Ping An Insurance CTPL Insurance

₱610–₱1,800/year

Liberty Insurance CTPL Insurance

₱560–₱2,560/year

Mercantile Insurance CTPL Insurance

₱560–₱2,100/year

Petrogen Insurance CTPL Insurance

₱560–₱2,560/year

PGA Sompo Insurance CTPL Insurance

₱720–₱2,560/year

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