The Company is primarily known in the industry as a motor car insurance company. It
pioneered in this line starting in 1968. At that time casualty insurance companies
abhored motor car insurance as
it was a perennial loser. Through a decentralized network of specially trained managers and an efficient
investment policy, this line turned out very profitable and rewarding for the Company. By 1982,
competition in the motor car insurance business has increased ten-fold.
Land Transportation Operator's Policy
MOTOR CAR INSURANCE POLICIES
Perla's Motorcar Insurance protects your private
and commercial vehicles against loss or damage and legal liabilities
to third parties for death, bodily injury and damage to property.
Perla's Motorcar Insurance covers :
Compulsory Third Party Liability (CTPL).
This basic insurance coverage is required by law prior to motor vehicle registration,
to protect you from liabilities for injuries or death to third parties.
Loss & Damage (L&D).
Gives you protection against loss or damage to your vehicle including parts and
accessories due to accidental collision or overturning, fire, external explosion,
self-ignition, lightning, and malicious damage.
Third Party Property Damage (TPPD).
Perla Insurance will pay in case your vehicle causes damage another person's
Excess Liability for Death/Bodily Injury (EBI).
Perla Insurance will give additional coverage to your basic CTPL.
Auto Personal Accident.
Perla will answer for the death or disablement and medical expenses of the
driver and passengers of your vehicle in case of an accident.
FIRE INSURANCE AND ALLIED PERILS POLICIES:
Our standard fire policy covers loss and/or damage proximately brought about
by fire and lightning but not necessarily limited by the above-mentioned.
Loss and/or damage caused by water and other fire extinguishing agents is
likewise covered including smoke, scorching, fire fighting efforts of fire
brigades or even falling walls. The policy is flexible, in a way, to extend
protection against earthquake fire, earthquake shock, typhoon, flood, falling
aircraft, vehicle impact, riot, smoke and explosion.
PERSONAL ACCIDENT INSURANCE POLICIES
Accidents happen during unexpected times and at the least expected places.
Perla's Personal Accident Policies prepare you & your loved ones for any income
loss resulting from an accident, and even death due to accidents.
You will be protected 24 hours a day, 365 days a year anywhere in the world
at work, at home & while traveling by land, sea or air for:
Perla will pay your beneficiary up to a maximum amount of Php 2,000,000.000 in
cash to cover for income lost in case of a fatal accident.
Perla pays up to Php 2,000.000.00 in cash in case of an accident resulting
in permanent disability or loss of hands, feet or sight.
Murder & Assault.
Perla will pay your beneficiaries up to a maximum amount of Php 1,000,000.00
for death or disablement caused by unprovoked murder & assault.
Accident Medical Expense.
You will receive a maximum amount of Php 100,000.00 for necessary medical
expenses incurred for the treatment of injuries resulting from an accident.
Accident Monthly Income.
You will receive up to Php 360,000.00/year or Php 30,000.00/month if you
are hospitalized for 12 months for loss of income for injuries due to an accident.
Perla's Personal Accident Policies
DRAGON PROTECTOR PERSONAL ACCIDENT MULTI-CASH PLAN.
For a minimum amount of Php 100.00/annually, you & your family will enjoy
several benefit schedules
KEYMAN PROTECTOR PLAN. You & your family will get all the above-mentioned
benefits plus a sickness monthly income up to Php 180,000.00/year for hospital
confinements due to sickness.
EXECUTIVE PERSONAL ACCIDENT PLAN. You can leave all your
worries with your Personal Insurance Friend. For less than Php 3.60/day,
you can be protected 24 hours a day, 365 days a month, anywhere in the
world, at work or at play.
GROUP INSURANCE PLAN. Lets your employees enjoy a round
the clock protection specially designed for company employees, group
MARINE CARGO INSURANCE POLICY:
For the protection of goods in transit whether at sea, air or on land.
We also cover imported goods from international sources.
ENGINEERING INSURANCE POLICIES:
Contractors All Risks Insurance
Is acquired by building contractors including sub-contractors and/or
owner-principal to provide an "all risk" cover on a construction project.
Erection All Risks Insurance
Also provides an "all risk" cover on projects such as installation of
elevators, escalators, steel tanks, machinery, etc. The period of insurance
starts from the time the equipment are move into the site and ends upon
completion which may include a testing period.
Electronic Equipment Insurance
Is a specialized branch of engineering insurance designed to provide
coverage on machinery run by electronics. This includes computers, facsimile
machines, x-rays, CAT scanners, photo-copiers, etc.
Machinery Breakdown Insurance
Provides a broad cover on machinery such as power generators, compressors,
pumps, printing press machines, etc. against "all risks". Boilers/Pressure
Vessel Insurance is a specialized branch of Machinery Breakdown Insurance
which focuses its cover on, as its name implies, boilers and other pressure
vessels and providing indemnity against explosion, implosion damage due to
extreme pressure, etc.