August 6th, 2010
NTUC (Drivo Classic) – Summary of Main Benefits (Authorised Workshops)
| Windscreen Coverage |
$107 Excess (including GST) |
| Loss Of Use |
Only for Drivo Classic Plus with additional premium: $50 per day, if repair takes 3 days and above (max up to 7 days) |
| NCD Protector |
Applicable for 50% NCD holder. Requires an extra 10% premium |
| PA for insured / passengers |
Up to $20,000 |
| Towing Service |
Free (up to $200) |
| Waiver of Excess |
Nil (unless insured takes up Drivo Classic Plus @ additional premium, then excess can be waived off) |
| Workshop |
Authorized Workshops Only |
| Excess for Young / Inexperienced Driver / Unnamed driver |
All private car policyholders shall be responsible for Unnamed Driver Excess of $2,500, in addition to the Excess stated under the Policy, if the said driver is aged 26 years &below or has less than 1 year relevant driving experience. The Unnamed Driver Excess is $500 if aged 27 years and above. |
| Installment Plan |
Yes (DBS/POSB/OCBC/UOB – 6 or 12 month installment) |
| Payment Method |
Cash/Cheque/Credit Card |
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August 6th, 2010
AXA Insurance – Summary of Main Benefits (Authorized Workshops)
| Windscreen Coverage |
$0 Excess & Free Reinstatement (unlimited) |
| Loss Of Use |
$50 per day, provided that repair takes 3 days & above (max $250) |
| NCD Protector |
10% of premium – only applicable for 50% NCD holders |
| PA for insured / passengers |
$30,000 / $20,000 |
| Towing Service |
Free |
| Waiver of Excess |
For 50% NCD – basic excess waived; For NCD 40% & below –Excess waived off by 50%. (applies for insured & authorized driver) |
| Workshop |
Authorized Workshops Only |
| Excess for Young / Inexperienced Driver / Unnamed driver |
Unnamed driver – additional excess of $500 + policy excess, for > 26 years old & > 1 year driving experience. Unnamed young & Inexperienced driver excess – $2,500. Named young & Inexperience Drivers Excess – Additional Excess of $500 for 26 years old & below and/or with driving exp < 1 year |
| Installment Plan |
Yes (DBS/POSB/OCBC/UOB – 6 or 12 month installment) |
| Payment Method |
Cash/Cheque/Credit Card |
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August 6th, 2010
EQ Insurance (Classic) – Summary of Main Benefits (Authorized Workshops)
| Windscreen Coverage |
$100 + 7% GST of Excess is payable. Free Reinstatement (max 2 claims) |
| Loss Of Use |
Nil |
| NCD Protector |
Only 50% NCD holder is eligible. 10% premium payable. |
| PA for insured / passengers |
$50,000 |
| Towing Service |
Free – for accident only, up to $500 |
| Waiver of Excess |
Nil |
| Workshop |
Authorized Workshops Only |
| Excess for Young / Inexperienced Driver / Unnamed driver |
Unnamed driver – twice the policy excess of insured (e.g Insured – $750, unnamed driver – $1,500), > 26 years old or < 70 years old, > 2 years driving exp. Young/elderly/inexperience driver – an additional $3,000 + unnamed driver excess (e.g $3,000 + $1,200)< 26 years old or > 70 years old, < 2 years driving exp. |
| Installment Plan |
Citibank (6 or 12 months) |
| Payment Method |
Cash/Cheque/Credit Card |
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August 6th, 2010
Liberty Insurance – Summary of Main Benefits (Authorized Workshops)
| Windscreen Coverage |
$100 + 7% GST Excess is applicable & Free Reinstatement |
| Loss Of Use |
Courtesy car provided (for up to 5 days) |
| NCD Protector |
10% premium is payable |
| PA for insured / passengers |
$50,000 |
| Towing Service |
Free – for accident |
| Waiver of Excess |
Nil |
| Workshop |
Authorized Workshops Only |
| Excess for Young / Inexperienced Driver / Unnamed driver |
$3,000 – Additional Excess for Young, Elderly & Inexperienced Drivers. $1,100 – Unnamed Drivers |
| Installment Plan |
No |
| Payment Method |
Cash/Cheque/Credit Card |
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August 6th, 2010
OAC (Drive & Save) – Summary of Main Benefits (Authorised Workshops)
| Windscreen Coverage |
$0 Excess & $50 for Reinstatement |
| Loss Of Use |
Nil |
| NCD Protector |
10% premium is payable |
| PA for insured / passengers |
$20,000 |
| Towing Service |
Free (only for accident) |
| Waiver of Excess |
40% & 50% NCD: waives off 100% of excess. 30% NCD & below: waives off 50% of excess |
| Workshop |
Authorised Workshop. If new car is still under 3 year warranty from distributor/Agent, OAC allows driver to go back to distributor workshop for repair |
| Excess for Young / Inexperienced Driver / Unnamed driver |
Unnamed – (Age < 22): $2,000. Unnamed – (Age > 22 & < 3 years driving exp): $1,500. Unnamed – (Age > 22 & > 3 years driving exp): $500. Named – (Less than 3 years driving experience): $ 1,000 + Original excess (of insured) |
| Installment Plan |
Yes, only by OCBC credit card only |
| Payment Method |
Cash/Cheque/Credit Card |
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