The Manila Times

Metro

  Home  

  About Us  

  Contact Us 

  Subscribe     Advertise  
  Archives     Feedback  

  Register  

  Help  

  Top Stories

  Metro

  Business

  Regions

  Opinion

  World

  Life & Times

  Sports

  Tech Times

 
 
 

Wednesday, July 16, 2008

 

GSIS takeover of transport
insurance opposed

 
A possible Government Service Insurance System (GSIS) takeover of the issuance of the Compulsory Third Party Liability (CTPL) on registered passenger and private vehicles in the country from the present 67 private insurers has been met with strong opposition from major transport groups.

In a letter to Transportation and Communications Secretary Leandro Mendoza, the transport leaders said that there is no need to change a system since it is already working well.

“If it isn’t broke why fix it,” part of the letter read.

Those opposing the GSIS takeover are Zenaida Maranan of Federation of Jeepney Driver Association of the Philippines, Homer Mercado of the Provincial Bus Operators Association of the Philippines, Efren de Luna of the Alliance of Concerned Transport Organizations and Melencio Vargas of the Alliance of Transport Operators and Drivers Association of the Philippines, among others.

Vargas, also the United Transport Koalisyon president, said they fear that a change in administration of the insurance program could cause problems to the already organized system.

At present, drivers and operators including passengers have not, in any way, encountered dilemmas in the processing of vehicle insurance, and can easily avail of the benefits due to them.

The groups also expressed apprehension that a GSIS takeover would result in the proliferation of more fake CTPL policies because the agency’s personnel may lack knowledge in handling the system.

According to the leaders, they fear that the benefits their members could get from the 67 private insurers under the “All Risk No Fault Coverage” would be displaced by the reported takeover. The country has about 3.6 million vehicle owners.
-- James Konstantin Galvez

   

The PSE-Manila Times Equity Challenge 2008

Manila Times Friends

Phgifts

OFW Gifts

philflora.gif

 
Sponsored Links
 

Back To Top

 
 
 

Severino O. Frayna Jr., Benjie Dela Rosa
Powered by: 
The Manila Times Web Admin.

  

Home | About Us | Contact | Subscribe | Advertise | Feedback | Archives | Help

Copyright (c) 2001 The Manila Times | Terms of Service
The Manila Times Publishing Corp. All rights reserved.

Hosted by: