CTPL 3-Year Policy Implementation Guidelines

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IC CIRCULAR LETTER NO. 10-2005A: CTPL 3-Year Policy Implementation Guidelines

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Title Supreme Court: CTPL 3-Year Policy Implementation Guidelines

Law: Ic Circular Letter No. 10-2005a

Decision Date: Apr 25, 2005

Effective May 2, 2005, all non-life insurance companies are mandated to issue three-year Compulsory Third Party Liability (CTPL) insurance policies, with specific approval and consortium requirements set by the Insurance Commission.

compulsory insurance

third party

liability

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