Good Shepherd

FAQ Page

Personal Motorcycle/Car

Drive with confidence, free from worry.

Our CTPL Insurance safeguards motorists by providing essential protection against liabilities—ensuring victims of road accidents receive the rightful compensation they deserve.

Get Quote Now

Cover Summary

Surety Bonds safeguard your business by providing financial protection against contractor, subcontractor, or supplier defaults and bankruptcies.

Bidder's Bond

This insurance will guarantee that the successful bidder, within a specified period from the date of the receipt of the Notice of Award, will:

Enter into contract with the project owner (Obligee)
Furnish a Performance Bond for the faithful and complete prosecution of the work specified in the contract.

The bond will cover:

Cost to conduct another bidding; and
The difference between the winning bid and next lowest complying bid

Performance Bond

This Insurance will guarantee the construction and completion of a project to go according to the agreed plans, specifications, terms and conditions based on the contract. The performance bond will cover:

Answer for the cost of delay in the completion of the project; and
Pay for the additional costs to complete the project.

Surety Bond (Down Payment)

This Insurance will guarantee the recoupment or repayment of the unliquidated portion of the down payment made by the Obligee to the Contractor

This Insurance will also guarantee, within one year from the project acceptance, the repair of hidden defects in the workmanship and materials used by the Principal in the project, found or become evident.

For both simple and sophisticated operations, we provide customised, flexible construction industry insurance products.

Trustworthiness

Upholding the highest standards of honesty and transparency in all our interactions and services. You’re in good hands.

Let us now get your drive fully protected

Secure your journeys today—get a personalized CTPL Insurance with fast processing and dedicated support you can rely on.

Kindly complete this form so we can provide you with the support you need

I Agree to the Terms and Conditions

Frequently Asked Questions About CTPL Insurance

Got questions about CTPL? Find quick answers here.

What does Motorcycle/Car insurance cover?

Our policies typically cover:

- Accidents (collision damage)
- Theft or vandalism
- Natural disasters (e.g., floods, typhoons)
- Third-party liability (injuries or damage to others)
- Optional add-ons may include personal accident coverage, roadside assistance, and acts of nature.

Is insurance required to register my vehicle?

Yes. In the Philippines, Compulsory Third Party Liability (CTPL) insurance is required for vehicle registration with the LTO.

What’s the difference between CTPL and comprehensive insurance?

- CTPL covers injuries to third parties only.
- Comprehensive insurance covers your vehicle, third-party damage, theft, and more.

How is my premium calculated?

Premiums depend on:

- Vehicle type, age, and value
- Location and usage
- Driver’s profile and claims history
- Chosen coverage and deductibles

What should I do after an accident?

Immediately:

- Ensure safety and seek medical help if needed
- Report the incident to authorities
- Contact our claims hotline at 02-88957003 / 02-88992850
- Document the scene (photos, police report, witness details)

Can I insure a second-hand vehicle?

Yes. We offer coverage for pre-owned vehicles, subject to inspection and valuation.

How do I renew my policy?

You can renew online or via our hotline. We’ll notify you before your policy expires.

What happens if I sell my vehicle?

Notify us immediately. You may transfer the policy to the new owner (if eligible) or cancel and apply for a refund of unused premium.