This Is A General Category… We’ll Talk About Anything Under The Sun Here That Is Car-Related
Have you ever wondered if your motor insurance is still effective as you drive up North into West Malaysia for a road trip? The fact is your motor car insurance policy covers you within Singapore, West Malaysia and even parts of Thailand, within 50 miles of the border between Thailand and West Malaysia. That’s how [...]
In the old days (before Sep 1989), insurance premiums were derived using a standard table provided by the General Insurance Association of Singapore (GIA). This table is known as a Motor Tariffs Table. Under this system, factors such as the ones below were used as a basis for computation: - Type of Cover, - Engine [...]
First, let’s look at why the MIB was set up. Its main purpose is to handle motor claims in cases where (1) the negligent driver cannot be traced/located, (2) the negligent driver possess an invalid motor car insurance policy, or (3) the negligent driver is not covered by any auto insurance at all. Under the [...]