3-Year Compulsory 3rd Party Liability Insurance

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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

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