Amp | Motor Insurance Singapore

Friday, 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

Friday, 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

Friday, 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

Friday, 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

Friday, August 6th, 2010

MSIG – Summary of Main Benefits (Any Workshop)

Windscreen Coverage	$0 Excess & Free Reinstatement (unlimited)
Loss Of Use	Nil
NCD Protector	Only applicable for those with 50% NCD, additional 10% premium is payable
PA for insured / passengers	$20,000 / $10,000
Towing Service	Free – for accident
Waiver of Excess	Nil
Workshop	Any Workshop
Excess for Young / Inexperienced Driver / Unnamed driver	Additional $2,000 excess will apply to any authorized driver (other than the policy holder/primary driver) who is 26 years old or below and/or holder of a qualified driving license of less than 2 years
Installment Plan	Not available
Payment Method	Cash/Cheque/Credit Card