NTUC Car Insurance Renewal

Was busy helping my client to do a last minute NTUC car insurance renewal so decided to share with some of you guys here just in case you need to renew yours soon!

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!

CALL/SMS  97775701 or Email cj@investmentsg.com

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

 

CALL/SMS  97775701 or Email cj@investmentsg.com

Filed Under: Car Insurance • Latest Updates