Motor vehicle dual-purpose body rating rules

Vehicles primarily intended for passengers but fitted with goods carrying capabilities are governed by the circular’s rating rule.
The circular expressly covers vehicles with dual purpose bodies—i.e., fitted with passenger seats and with goods carrying capabilities.
The circular specifically identifies 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 “the like.”
The circular targets vehicles that are primarily intended for passengers and are not treated as fare-carrying passenger vehicles.

Vehicles having dual purpose bodies must be rated under the Private Car Tariff.
For vehicles covered by the circular’s dual-purpose rule, a Private Car Policy must be used.

The circular requires Private Car Tariff rating where the vehicle is primarily intended for passengers yet has goods carrying capability.
Goods-carrying capability must be present alongside passenger seats for the vehicle to fall under the dual-purpose rating treatment.

Private Car Tariff rating applies provided the vehicle has not been converted into a vehicle for carrying fare-paying passengers.
Vehicles that are converted into fare-paying passenger vehicles fall outside the condition for Private Car Tariff rating under the circular’s stated requirement.

Private Car Tariff rating is also conditioned on the vehicle being classified as Land Transportation Operator (LTO) vehicles, or
The assured must show proof that he is engaged in a business where the insured vehicle is utilized in carrying his commodities/goods.

The Insurance Commission mandates strict compliance with the rating and policy treatment stated in the circular.
The circular reiterates the manual notation that dual-purpose vehicles shall be rated under the Private Car Tariff using a Private Car Policy.