Truck Protect offers the most comprehensive insurance protection on the road for the most valuable asset of your business–your trucks.
Now, your trucking business can move ahead without worries!
Truck Protect Coverages
Compulsory Third Party Liability (CTPL)– coverage required by law that protects the assured against liability of death or injury to the third party arising from an accident caused by the insured vehicle, subject to the schedule of indemnities incorporated in the policy.
Voluntary Third Party Liability (VTPL) / Excess Bodily Injury (EBI) – this coverage answers for indemnities beyond the limits set forth under the CTPL coverage.
Third Party Property Damage (TPPD) – protects the assured against liability for damages caused by the insured vehicle to property belonging to a third party.
Own Damage (OD) – coverage against damages to the property insured arising from accidental collision, overturning, falling, fire and malicious acts of third party.
Carnap – coverage that indemnifies the assured in case of loss of the whole insured vehicle or parts thereof resulting from the acts of thieves or carnappers.
Personal Accident Insurance Rider (Auto-PA Coverage) – coverage that financially protects passengers (including the driver) of a truck against injury or death arising from a vehicular accident.
Optional Coverage (additional premium required)
Acts of Nature Coverage – covers damages incurred by the insured vehicle caused by earthquake, typhoon, flood, volcanic eruption, lightning, fire and other convulsions of nature.
Last October 31, 2016, Standard Insurance was named Best General Insurance Company in the Philippines for 2016 by World Finance magazine of the United Kingdom. Standard Insurance received the same award in 2013 and 2014.
Standard Insurance was cited as being recognized globally for its nexcellence in insurance services and innovations, and in meeting the growing demands of the insurance industry.
According to World Finance, “Insurers have been faced with game-changing disruptions this year as non-traditional operating models take hold. The World Finance Global Insurance Awards celebrate those players embracing the challenges. Now as ever, the standout performers are the most willing to embrace change.”
Email your Inquiry or Request for Quotation to:
Jess C. Gregorio
Affiliate Marketing and Project Lead Generation Manager for the Philippine Territory
JcGreg Solutions Blogsite: