3-Year Compulsory 3rd Party Liability Insurance

Ask AI

IC CIRCULAR LETTER NO. 10-2005: 3-Year Compulsory 3rd Party Liability Insurance

Getting related questions...
What do you want to know about the law?
Your conversations and searches stay on your device. We do not store or track your activity on our servers. To know more about our privacy commitment see jur.ph/privacy Ask AI provides quick answers grounded in full case texts to avoid mistakes. Always verify with the original text.

Ask AI

Title Supreme Court: 3-Year Compulsory 3rd Party Liability Insurance

Law: Ic Circular Letter No. 10-2005

Decision Date: Apr 11, 2005

The Insurance Commission mandates the implementation of a 3-Year Compulsory Third Party Liability (CTPL) insurance policy for the initial registration of all brand new motor vehicles, aiming to enhance public confidence and eliminate fraudulent practices in vehicle insurance.

compulsory insurance

third party

liability

END