Paramount

Paramount
Apply now Compare with other car insurance

Apply now Compare with other car insurance

Product Overview

Vehicle UsePrivate
Allow Custom Retail:Yes
Allow Customer Fleet:Yes
Allow Foreigners:Yes

Cover Details & Options

Cover TypeVehicle TypeMinimum Insured ValueMaximum Insured ValueMaximum Vehicle Age
ComprehensiveSedanPHP0.00PHP10,000,000.0010
Compulsory Third Party Liability (CTPL)SedanPHP0.00PHP10,000,000.0010
ComprehensiveSUV, AUV, van, pickupPHP0.00PHP10,000,000.0010
Compulsory Third Party Liability (CTPL)SUV, AUV, van, pickupPHP0.00PHP10,000,000.0010

Covered Risks

Risk TypeIncluded in Basic CoverDeductible
Own Damage/ TheftAdditional PremiumN/A
Acts of NatureAdditional PremiumN/A
Strike, Riot, Civil CommotionAdditional PremiumN/A
Complusory Third Party LiablityAdditional PremiumN/A

Product Advantages and Limitations

BenefitAccepts up to 10-year old cars

Paid Add-Ons

Add On TypeCoverDeductible Text
Voluntary Third Party Liablity - Property DamagePHP500,000.00N/A

Fees

Fee TypeFixed Fee RangePremium Percentage
Documentarty StampsPHP0.00-PHP20,000,000.000.12500%
Value Added TaxPHP0.00-PHP20,000,000.000.12000%
Local Government TaxPHP0.00-PHP20,000,000.000.00200%