The Palawan Group of Companies is expanding its range of financial services with the launch of MyCTPL ProtekTODO, a new and accessible microinsurance product aimed at making vehicle coverage easier and more affordable for all Filipinos. In partnership with Oona Philippines, this initiative allows vehicle owners to meet Compulsory Third-Party Liability (CTPL) insurance requirements through over 3,500 Palawan branches nationwide.
Starting October 21, 2024, customers can conveniently avail themselves of MyCTPL ProtekTODO for as low as Php 290, depending on the vehicle type. Coverage plans can go up to Php 1,500, ensuring that vehicle owners can find the right option to suit their needs. The policy offers coverage for death or permanent disability due to accidents, with claims of up to Php 200,000. Additional coverage for injuries is provided under a scheduled indemnity plan, valid for one year.
Vehicle owners can now visit any Palawan Pawnshop-Palawan Express Pera Padala branch to sign up for MyCTPL ProtekTODO, ensuring they meet their vehicle insurance needs. For other ProtekTODO insurance products, customers can visit the Palawan Pawnshop website or download the PalawanPay app for more details.
This partnership marks another step in Palawan’s commitment to delivering accessible financial services and empowering Filipinos with comprehensive insurance options.
