Premium differs by type of coverage and plan selected, the most affordable being the Third Party coverage because of the basic coverage offered. If you are looking for widest range of benefits, check out our Comprehensive preferred workshop plan as it allows for repair to be carried out at your preferred workshop.
Will I enjoy any discount upon renewal?
You will automatically enjoy 5% loyalty discount for renewal.
Can I add in additional driver during policy term?
Yes, additional pro-rated premium may be charged depending on the profile of the driver. You can write in to us with the following details; NRIC, Date of Birth, Gender, Marital Status, Occupation, Driving Experience, Relationship to Policyholder and any claims experience in past 3 years.
Can I transfer my No Claim Discount (NCD) Protection to another insurer?
This is not possible, as NCD Protection is specific to existing insurer and is not transferrable to another insurer.
- Statement Pursuant to Section 25(5) of the Insurance Act. You are to disclose on this Proposal Form fully and faithfully all the facts which you know or ought to know, otherwise the policy issued hereunder may be void.
- Please note that this insurance is subject to the premium being paid and received in full by the Company (a) before the inception date where the Policy is to be issued to an Individual; or (b) within the period specified in the Premium Payment Warranty applied to the Policy in all other instances, failing which there will be no liability under this cover.
- The liability of the Company does not commence until this proposal is accepted.
Policy Owners’ Protection Scheme
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Us or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg)