My friend was asking me to search for a ceaper quotation for his expiring car insurance therefore I got some details from him. Realise that his car had experience 2 claims in the last 12 months and the claimable amount is not small too. From my experience, sticking with his existing NTUC plan will be a better choice.

Desipte of that, I still submit as many quote requests to the varies motor insurance companies, and some reject to quote while others have a higher premium as compared to NTUC income.

Therefore, we carry on with the paper work for the renewal.

NTUC motor insurance provide one of the more competitive rate in the market right now. In the past, some of us will feel that the low premium rate is relevant to the services we get in return, as many people feedback that their claim process was very slow and customer service was bad etc.

After the recent reforms, changes and with the new CEO on board, we realise many improvement and changes in NTUC Incom. Better products, new revolution plan, better customer services and support and of course back end running is so much smoother than before. As a consultant, we can also experience it especially when we call their hotline, the response is so much faster and waiting time is greatly reduces.

Anyway back to the NTUC car insurance, it also come with a 6 or 12 month Easy Payment Option for people who don’t want to make lump sum payment. Good option. So how it works?

You just need to pay up front first 2 months premium and sign up for the GIRO deduction which will be activated on the third month only. No interest for insurance premium, but there is a $3 dollars charge for late payment. You will be given 14 days to clear all late payment.

For road tax, to my understanding, it is available for 12 month road tax only, not sure if 6 months road tax can participate in this EPO. There is a 3% interest or fee is charge on the principle amount. Please also take note that you need to inform NTUC as early as possible if you wanted to participate in this option as they need to inform LTA accordingly.

If not you can pay your road tax online here at one motoring

Therefore this NTUC Easy Payment Option is a great feature for people without credit card and wanted to pay road tax and car insurance in installment.

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If you need to renew your car insurance, from any motor companies, you can contact us and we can give you special rebates and vouchers, plus we will handle all your documentation until delivering the policy right to your door step!

Contact me at jack @ investment . com or call /sms @ 91059260

Specialize in All General Insurance, generate quotes from all the companies listed below!

* ACE Insurance
* AIG
* Allianz Insurance
* Asia Insurance
* Aviva General Insurance Pte Ltd
* AXA Insurance Singapore Pte Ltd
* China Insurance Co (Singapore) Pte Ltd
* Chubb Group Insurance
* HSBC Insurance
* Liberty Insurance Pte Ltd
* Mitsui Sumitomo Insurance
* NTUC
* Royal & Sun Alliance
* QBE Insurance
* Tenet Insurance

This is about the worst thing you can possibly do. If you lie, you’ll get caught at some point. You’ll then be cancelled/declined, and that will follow you around for years. Worse will be your claimed can be rejected for no reason! You’ll notice on each application, there is a question something along the lines of, “Have you ever been denied insurance or had a policy cancelled before?”

They’ll check. They’ll also pull your MVR (Motor Vehicle Report). They’ll also likely run a search on your vehicle to see if it has been involved in any prior accidents.

Pick the highest deductible that you can afford. This is difficult for many people to comprehend. Many times, people will choose $500 or $1000 deductibles because it makes the premiums very attractive. Unfortunately, when you get into an accident (your fault or not), you then have to pony up the deductible (unless the other carrier pays for your damage). As an adjuster, one of the most common complaints that I’d hear is, “Well, I don’t have $1000 in the bank to repair the car. The accident wasn’t my fault. What are you going to do about it?”

Unfortunately, the answer typically is that the adjuster is not going to do anything about it, aside from try to get your deductible back from the responsible party, either by the process of subrogation (one insurance company going after another) or a lawsuit if the person is uninsured. Neither guarantee success, and in most cases, the adjuster is going to require that your vehicle be fixed prior to taking any action against a responsible party because, if we do it beforehand and the repairs cost more than the demanded amount, the insurance company is out that additional money.

So, the rule of thumb is as follows: If you don’t normally have $1000 in the bank, then don’t take the $1000 deductible. If you really only have $500 or $250 in the bank at any one time, choose that as your deductible amounts.

Know the value of your vehicle. Many people throw out thousands of dollars per year on useless insurance. A good and honest insurance agent will help you determine if you need Comprehensive and Collision insurance. A less-than-good agent (not necessarily dishonest, but let’s leave it at inexperienced) will write you up any coverage you want without asking money-saving questions.

In the Internet-shopping environment, many times you don’t deal with sales agents to look out for you. Saying that, most people have no realistic clue on the planet what their vehicle is worth.

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Need a motor insurance quote? Contact me at 9105 9260 or email us your details at jack @ investmensg .com 

We are able to generate quote from all the available motor insurance companies!

Not looking for a quote but need to renewal your car insurance and have no time, give us a call, we will settle your renewal for you and renew your road tax together if needed! Contact Us Now!