The main goal to having insurance is to make you financially whole following a huge loss of property. What you do is pay a relatively small amount to an insurance company, have a small but certain loss, in exchange for a guarantee from the insurance company that it will bear the burden of a large […]
Do you know what CTPL is? CTPL or Compulsory Third Party Liability Insurance is an insurance party that is being required by the LTO or Land Transportation Office to all vehicle owners prior to registering their vehicles. Regardless of the use of the vehicle, whether it is for private or public, the owners are required […]
Picture this. You have a travel date coming up. Everything is planned and you are amped up to leave your daily routine and explore something different. Your bags are packed and your tours are booked. The only thing waiting to be done is spend your hard-earned money for this trip. But what happens if let’s […]
Last January 26, 2018, the Insurance Commission held its anniversary celebration and was attended by the executives of the insurance industry. During the same event, the Philippine Insurance and Reinsurers Association or PIRA, Inc. had its board induction led by its new Chairperson, Ms. Rebecca B. Dela Cruz, President/CEO/Director of Alliedbankers Insurance Corporation. A […]
When someone says “first”, what comes to your mind? Pioneer? Start? Opposite of last? The word “first” may mean a lot of things. It is also a word that describes innovation. Speaking of which, doing something that is a first in any particular industry really is groundbreaking. Imagine knowing the status of your claim at […]