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Insurance 101-CTPL

CTPL ( Compulsory Third Party Liability) What is CTPL? It is actually a “liability” insurance. In layman’s term, it is a contract of assuring the general public that the owner of the vehicle shall be able to pay him or her in case of bodily injury due to the vehicle owner’s negligent use of his […]

CTPL ( Compulsory Third Party Liability) What is CTPL? It is actually a “liability” insurance. In layman’s term, it is a contract of assuring the general public that the owner of the vehicle shall be able to pay him or her in case of bodily injury due to the vehicle...
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