TIME TO FILE AND PROCESS CLAIM UNDER CPTL

1. Period to File Notice – The written notice of claim must be presented within six (6) months from the date of the accident otherwise the claim is deemed waived.
2. Prescriptive Period – The action must be filed in court of the Insurance Commission
within one (1) year from denial of the claim.
3. If there is an agreement, the insurance company shall forthwith ascertain the truth and extend of the claim and make payment within five (5) working days after reaching an agreement.
4. If no agreement is reached, the insurance company shall pay only the no-fault indemnity without prejudice to the claimant from pursuing his claim further, in which case, he shall not be required or compelled by the insurance company to execute any quit claim or document releasing it from liability under the policy of insurance or surety bond issued

papaano po ba ang process sa pag claim ng insurance kung ang ako ang owner ng motor pero ang bayaw ko ang driver na nakaaksidente sa bata at pagkatapos maospital ay namatay. ginastusan na po namin ang medicine, hospital at libing ng bata
pero gusto pa din mag sampa ng demanda ang family ng namatay
makakakuha po ba kami sa insurance dahil kami na ang gumastos
salamat po