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LTO, IC AND ISAP DENY MONOPOLY ON COMPUTERIZED COC'S
Government agencies Land Transportation Office (LTO), the Insurance Commission (IC) and the umbrella organization of the non-life insurance companies, the Insurance and Surety Association of the Philippines (ISAP), unanimously denied that there is monopoly in the implementation of the newly-conceptualized computerized car authentication system.
In a congressional hearing, LTO, IC and ISAP maintained that the computerized car authentication project is aimed at eliminating the proliferation of spurious Certificates of Cover (COCs), the form used in getting car insurance policy.
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Fire Insurance |
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Motor Car |
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Personal Accident |
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Professional Liability |
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Marine Insurance |
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Inland Marine |
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Equipment Floater |
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Engineering Insurance |
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Golfers Comprehensive Insurance |
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Aviation Insurance |
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Bonds |
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Life Insurance |
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Travel Insurance |
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CarCare Plus |
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