Motor Third Party Liability Insurance

Motor third partly liability (MTPL) is a branch of insurance issued for cars, trucks, motorcycles and other road vehicles.

MTPL covers the material and physical damages caused by the vehicles on the road to third parties. MTPL does not cover moral compensation claims.

In the event of no damage, a no-claim discount is applied to the next policy period. However, in case of damage, premium increase is applied to the next period policy period.