CEBUANA LHUILLIER LINKS WITH FEDERAL PHOENIX FOR CTPL ISSUANCE AND CLAIMS PROCESSING

Worry no more on fake CTPLs and delayed claims processing!

Bound by a common vision of bringing insurance closer to the Filipinos and hasten vehicle registration at the Land Transportation Office (LTO), major motorcar insurer Federal Phoenix Assurance Co. (FPAC) embarked on a groundbreaking partnership with the leading microinsurance agency Cebuana Lhuillier Insurance Solutions (CLIS), insurance arm of the country’s largest pawnshop chain Cebuana Lhuillier, through the Cebuana Compulsory Third Party Liability (CTPL) Insurance or Cebuana CTPL.

CLIS, through its vast array of insurance products underwritten by the insurance industry’s major players , continuously looks for ways to provide quality  protection at affordable premiums. FPAC, one of the country’s dominant insurers known for its solid claims reputation and expertise in automation, has established the connectivity with the LTO and other agencies to successfully decentralize CTPL policy issuance. Together, FPAC and CLIS are poised to finally end the woes of motorists in obtaining CTPL policies and difficulty in claims processing through the Cebuana CTPL.          

A unique collaboration encompassing 2 industries—insurance and pawnshop— the Cebuana CTPL is a breakthrough ventures that taps Cebuana Lhuillier’s strategic presence nationwide. Through Cebuana’s more than 1,500 branches, the motoring public will certainly benefit from the easy and convenient way of obtaining CTPL policies.  

Whether it’s a month away before LTO registration is due, or beating the clock on the very last day for LTO registration, vehicle owners can now renew their CTPL policies conveniently and without worry. They can simply drop by the nearest Cebuana Lhuillier pawnshop and bring a copy of the LTO certificate of registration (CR) together with the official receipt (OR).  CTPL insurance renewal just takes a few minutes. In fact, Cebuana Lhuillier’s network makes the entire renewal process much faster and hassle-free because there is always a Cebuana branch nearby.

And there’s more. Insurance claimants with Cebuana CTPL can now file their claims at any Cebuana Lhuillier branch by just submitting valid and complete claims documents for quick claims processing!

The innovative web-based technology developed by Federal Phoenix, the first of its kind in the insurance industry, makes filing claims easy and seamless.  Complementing FPAC’s state-of-the-art claims technology is Cebuana Lhuillier’s superior connectivity with its claims management system integrated in its entire branch network. Upon receipt of the electronic copies of the claims documents by any Cebuana outlet, Federal Phoenix is promptly notified about the claim, thus expediting the claims process.  This electronic claims settlement eliminates the slow and costly handling of documents which substantially improves claims turn-around time. 

Lastly, the Cebuana CTPL fosters nation-building as the proliferation of fake CTPLs will be reduced, if not eliminated, thus ensuring the appropriation of right premium taxes to the government.  Fake CTPLs issued by fly-by-night insurance companies has cost the government to lose millions of premium taxes to the detriment of the insuring public.

  








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About Federal Phoenix Assurance Co. (FPAC)

Federal Phoenix Assurance Co, a member of The Zuellig Group, has been in the business of providing insurance risk solutions to the Filipinos for over 50 years. It has built its reputation by putting customers’ needs at the forefront and by providing a suite of insurance products and services to cater to the evolving requirements of the insuring public. 

The Company’s headquarters is at the new Zuellig Building, a pre-certified LEED GOLD Building, located at the corner of Makati Avenue and Paseo de Roxas. Federal Phoenix branches and satellite offices are strategically located throughout the country. Federal Phoenix is PIRA’s Green Company of the Year for promoting a sustainable environment through its automation and innovation.

For more information, please visit www.federalphoenix.com

Be assured!

About Cebuana Lhuillier Insurance Solutions Inc. (CLIS)

Cebuana Lhuillier Insurance Solutions (CLIS), an affiliate company of the PJ Lhuillier Group of Companies (operator of Cebuana Lhuillier, the country’s largest pawnshop network) has been at the forefront of providing quality insurance protection at affordable premiums. Established in 1999, it has pioneered in promoting microinsurance among the low-income and marginalized sector with Cebuana’s branches serving as distribution channels. CLIS has since then blazed the trail in introducing innovations in microinsurance such as Alagang Cebuana Plus, its unique and flagship personal accident sachet insurance with fire cash-aid as a rider, and the 2-Day Claims Bayad Agad which is touted to be the fastest institutionalized claims settling facility in the country today.  

With insurers belonging to the Philippine non-life insurance industry’s Top 10 players as partners, CLIS have over a million clients served and over P60 Million cl

aims settled.  CLIS is a recipient of several local and international awards like the Philippine Quill Excellence Award, Tambuli Award, Anvil Award and Stevie’s International Business Award (Brand Reputation Category) for its advocacy and marketing campaigns.  

For more information, please visit www.clis.com.ph 
and their Facebook Page https://www.facebook.com/cebuanalhuillierinsurance

Sa Cebuana CTPL, panatag ang loob mo!

***all content featured in this post is provided by Cebuana Lhuillier***