LTFRB passenger accident insurance rules

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LTFRB MEMORANDUM CIRCULAR NO. 2004-004: LTFRB passenger accident insurance rules

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Title Source: Supreme Court: LTFRB passenger accident insurance rules

Law: Ltfrb Memorandum Circular No. 2004-004

Decision Date: Mar 15, 2004

The LTFRB establishes a revitalized Passenger Personal Accident Insurance Program (PPAIP) through a "Two Management Group: Odd-Even System," mandating comprehensive insurance coverage for public utility vehicles while ensuring equitable distribution and compliance among participating insurance companies.

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