Third party insurance provides coverage against liability to a third party. There are two types of TPL insurance for motor vehicles. One is CTPL (Compulsory Third Party Liability), which is required for LTO registration and has a limit of up to ₱200,000. Its coverage is limited to injury or death of a third party. The other is VTPL (Voluntary Third Party Liability), which offers additional protection beyond CTPL with limits ranging from ₱500,000 to ₱1,000,000. It covers both injury or death and property damage to third parties.