March 2012
Different Types of Car Insurance Policy – Comprehensive Coverage, Third Party Fire & Theft Coverage and Third Party Only Coverage
There are 3 main types of car insurance policy: (1) Comprehensive Coverage, (2) Third Party Fire & Theft Coverage (TPFT), & (3) Third Party Only Coverage (TPO). Each insurance policy has its unique characteristics. The coverage that you should get depends on a few key factors. We’ll take a look at them here.
Using A Private Settlement Form To Handle A Minor Car Accident
A private settlement form is useful for handling minor car accidents where no bodily injuries are involved. Many incidents result in damages that cost no more than $1,000+. As such, it may not be wise to make a car insurance claim.
February 2012
OAC Car Insurance – Insuring Your Vehicle With Overseas Assurance Corporation
If you are considering OAC car insurance, here is an outline of its features and benefits. Learn about what OAC insurance can offer you as well as the pros and cons of insuring your vehicle with them.
January 2012
No-Claim Discount (NCD) for Car Insurance Policies
A No-Claim Discount (NCD) entitles you to a lower car insurance premium. The maximum NCD you can have is 50% and the lowest is 0%. Thus the discount you get depends on how high your NCD is. NCD is one of the ways you are rewarded for being a safe driver.
Renewing Your NTUC Car Insurance Policy
If you have bought an NTUC car insurance before, you’ll probably know how to renew your motor insurance with NTUC Income. The process is easy and hassle free. About one month before your car insurance expires, the insurer will send you a renewal notice. You can simply follow their step-by-step instruction to renew and pay for your car insurance.
December 2011
Cancelling Your NTUC Car Insurance Policy
There are occasions when your NTUC car insurance may need to be cancelled before it is due. When this happens you can get back the remaining (unused) value of your policy. As such, a little knowledge on how to estimate your refund value and how to cancel your policy may be helpful.