Question & AnswerQ&A (IC CIRCULAR LETTER NO. 6-2004)
Vehicles having dual purpose bodies are those fitted with passenger seats and goods carrying capabilities, such as Asian Utility Vehicles (AUV), Sports Utility Vehicles (SUV), Pajero, Toyota Revo, Mitsubishi L-300, Mitsubishi Adventure, Starex, Isuzu Hi-Lander, Nissan Terrano, Tamaraw FX, Strada, Vans, and similar vehicles.
They shall be rated under the Private Car Tariff.
A Private Car Policy shall be used.
If the vehicle has been converted into one for carrying fare-paying passengers and classified as a Land Transportation Operator (LTO) vehicle, it shall not be rated under the Private Car Tariff.
The assured can show proof that they are engaged in a business wherein the insured vehicle is used for carrying commodities or goods.
The vehicle must be primarily intended for passengers but also fitted with goods carrying capabilities.
Yes, specific examples include Asian Utility Vehicles (AUV), Sports Utility Vehicles (SUV), Pajero, Toyota Revo, Mitsubishi L-300, Mitsubishi Adventure, Starex, Isuzu Hi-Lander, Nissan Terrano, Tamaraw FX, Strada, and Vans.
If the vehicle is classified as an LTO vehicle for carrying fare-paying passengers, it is not eligible for rating under the Private Car Tariff and requires different insurance treatment.