December 2008
Cover Notes
A cover note is sent to you as an interim document before the issue of your insurance policy and certificate. These are effective contracts of insurance. You’ll need a cover note if you're registering a [...]
Comprehensive Policy
This is the most common car insurance policy that vehicle owners have. Its coverage is also the broadest. Other than insuring liability for third-party’s bodily injury (or death) and property damage, this type of car [...]
Third-Party, Fire and Theft Insurance
The Third-Party, Fire and Theft insurance covers your own vehicle against loss or damage by fire or theft, on top of the scope of coverage provided by the third-party only insurance. Unfortunately, damage to the [...]
Third-Party Only Motor Insurance
This type of motor insurance provides coverage only for (1) death or bodily injuries to third parties &/or passengers, and (2) damage to 3rd party’s property. This is quite similar to the Act Liability Only [...]
Act Liability Only Insurance
This is a compulsory insurance for all vehicle owners. Under this motor insurance policy, the insurer covers only death and bodily injury to third parties, including the passengers. In other words, this type of motor [...]
How Do Insurers Underwrite Your Motor Car Insurance Policy?
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 [...]