GSIS' take over on Car Insurances: Uyon ba mo?

[Motownkid]

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GSIS set to monopolize car insurance (CTPL)

The Government Service Insurance System (GSIS) is set to monopolize the 3.5-billion peso motor vehicle insurance business after a Makati court has dismissed a petition by local insurers to stop a Department of Transportation and Communications (DOTC) plan to integrate compulsory third party liability (CTPL) insurance policies into the vehicle registration process.


Under the plan, the GSIS, through publicly held National Reinsurance Corp. of the Philippines, would provide insurance coverage for all vehicle owners. “Registrants will only have to go to the LTO instead of dealing with 120 or more insurance companies. It will also eliminate fixers,” said GSIS president Winston Garcia. The Land Transportation Office (LTO) is expected to implement the system in two weeks. Meanwhile, 60,000 insurance agents are expected to lose their jobs once this is implemented.

Source

[tazaday]

uyon kaayo ko ani kay nabiktima mi aning mga fixers diha sa lapu2x... naimpound among sakyanan and hassle kaayo ang pagkuha. maayo pod ng government na jud modala para gamay nalng ang ma blame.

[Metz]

as I understand di man ni compulsory.
gi threaten ug strike sa Manila, wa na nila gi compulsory. naa ra sa TV patrol.

Ok ra kung mo offer sila ani, but ayaw lng compulsory nga govt rajud mo offer kay mawala na lagi ang fixers mamalhin rapud sa GSIS ang milagro.

[giddyboy]

uyon ko aning bagong sistema sa CTPL oi.

CTPL - Compulsory Third Party Liability

this one is optional: On Damage (OD) insurance

kung ing ani na ang CTPL, mas barato pa, mas wa pa gyuy hasol ky automatic na sa LTO kuhaon when u renew your car's registration. at present we pay around P900 plus for a car's CTPL. with this new system, it will now be P575 only. mawagtang pud ang overpricing being done by private insurers.

usa pud, wala nay bogus insurance agents. other than that, fixers will be minimized.

KUNG WALAY MAGPA FIX, WALAY FIXER.

that article saying 60,000 insurance agents will lose their jobs is misleading. we only have about 10,000 agents in the country. so sa ato pa ang uban, BOGUS diay...haha

another link:

Positive News Media : Philippines : GSIS: No more bogus insurance with new CTPL

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[potterboy]

para nako ha, mas klaro ni compared sa kanang daplin sa LTO.

[Motownkid]

yup agree pod kaayo ko ani...

nindot pod ang gipang offer sa GSIS nga coverage sa insurance. way better sa gi offer sa old one.

basta dili lang i-halad adto sa Malacañang ang kwarta, wa ni problema.. Approve!

[bert]

uyon ko ani, aron mawala na nang mga dummy nga insurance company at the same time kanang mga fixers nga magsigi ug sunod-sunod nimo diha sa mga LTO agency.

[johnny22aa]

uyun jud ko ani

[cebu-future]

agree ko ani dah! Go Winston Garcia!

[giddyboy]

para nako ha, mas klaro ni compared sa kanang daplin sa LTO.

btaw...kanang mga naa sa daplin daplin maka duda man gyud kung tinuod ba na cla or bogus.

i even heard a rumor nga in some instances, 1 insurance policy is being shared by 2 or 3 car owners w/o them knowing it. that's illegal. anha ra man nimo mahibaw-an ang binuang gud kng madisgrasya na ka.