Govt plans PPAI for motorcycle taxis, seeks public comments

The government plans to extend passenger personal accident insurance (PPAI) coverage to motorcycle taxis due to their increasing use as an alternative mode of transportation.

Insurance Commissioner Reynaldo Regalado noted that despite the absence of a law, motorcycle taxis are now commonly used for public transport, exposing both drivers and passengers to risks.

The proposed PPAI would cover accredited motorcycle taxi operators by the Land Transportation Franchising and Regulatory Board (LTFRB) with an annual premium of P2,457.14, excluding taxes.

Benefits include P400,000 for accidental death and up to P200,000 for permanent total disability, along with additional benefits such as burial assistance and medical expense reimbursements.

The Insurance Commission is seeking public comments on the draft circular within 14 days to gather input before finalizing the coverage guidelines.