Motor insurance in Singapore is a mandatory cover under the Motor Vehicles (Third Party Risks and Compensation) Act, owners of commercial vehicles can protect their fleet of commercial vehicles while using them anywhere in Singapore and West Malaysia under a Comprehensive or Third Party cover options. Coverage for commercial motor vehicles can include loss or damage to your vehicle due to accidental collision and your legal liability for third party injury (including passengers) as well as damage to third party property.
Market covers include the following:
- Comprehensive which insures you against the above as well as damage to your vehicle arising from an accident
- Third Party Fire & Theft which insures you against the above plus damage to your vehicle in the event of a fire or theft
- Third Party cover which insures you against claims from others for injury and damages to their property during accidents
Policies can be administered on two basis:
- Individual policies for each vehicle
- All vehicles under a single fleet policy (for large fleets)
Typically, coverage will include the following extensions:
- Windscreen Cover
- Legal Liability of Passengers
- Discounts for Approved Workshop Options
- Flood, Riot and Strike extensions
Extended Motor Warranty
Our Extended Warranties offer a variety of Extended Warranty products to motor dealerships and motor dealers and which suit new as well as used vehicles.
An Extended Warranty protects the customer against the cost of repairing their vehicle should it sustain a mechanical or electrical breakdown outside the original manufacturer’s warranty period. Different lengths and levels of cover are available.
Motor Warranty for Pre-owned Cars
When purchasing a new vehicle, you have the benefit of the original manufacturer’s warranty. That is not the case when purchasing a pre-owned car.
Now you can enjoy protection when buying a pre-owned car and protection begins immediately and seamlessly upon the expiry of the original manufacturer’s warranty. Our pre-owned car warranty provides you with the following benefits:
- Warranty immediately comes into effect from date of purchase
- All repairs are carried out by qualified mechanics providing you with confidence and peace of mind
- The warranty is transferable thereby enhancing resale value
- Unlimited number of claims up to the purchase price
- No forms required
- No payment
- 100% reimbursement for parts & labour
We believe the best approach is to be hands-on and we personally oversee the services we provide. So even when a motor claim is being handed over to an adjuster, we are always kept in the loop to monitor developments and provide assistance to our customers where required. To achieve maximum efficiency, we do everything we need to understand your priorities and your needs in respect to the management of your motor fleet.