Ntuc Motor Insurance Policy Wording
NTUC Motor Insurance Policy Wording: An Overview
When it comes to car insurance, NTUC Income is one of the most reliable providers in Singapore. The company has been providing a wide range of motor insurance policies to customers since 1981, and has since grown to become one of the leading providers of motor insurance in Singapore. NTUC Income's motor insurance policy is designed to provide comprehensive coverage and protection to car owners and drivers, and it is important to understand the details of the policy before signing up for it. In this article, we will be taking a look at the NTUC Motor Insurance Policy Wording, so that you can make an informed decision and understand the coverage that you can expect from the policy.
What is Covered by NTUC Motor Insurance?
NTUC Motor Insurance provides coverage for the following: Third Party Liability coverage for bodily injury and death, property damage, and medical expenses; Personal Accident coverage for the driver and passengers; Own Damage coverage for the insured vehicle; Windscreen coverage for repair or replacement of windscreen; and 24-hour roadside assistance. The policy also covers legal liability for death or bodily injury of any third party, and any legal fees incurred in defending or prosecuting a claim.
What are the Benefits of NTUC Motor Insurance?
One of the main benefits of NTUC Motor Insurance is that it offers comprehensive coverage that is tailored to meet the needs of the individual driver. The policy also provides a wide range of additional benefits, such as no-claim discounts, discounts for adding additional drivers, and discounts for low-mileage drivers. The policy also offers a 24-hour roadside assistance service that can help you in case of an emergency. Furthermore, the policy includes legal liability coverage, which can help you if you are involved in an accident and are sued by a third party for damages.
What are the Exclusions of NTUC Motor Insurance?
NTUC Motor Insurance does not provide coverage for certain types of losses, such as loss or damage caused by mechanical or electrical breakdown, depreciation, wear and tear, and gradual deterioration. The policy also does not provide coverage for losses caused by the illegal use of the vehicle, or for losses caused by the driver being under the influence of alcohol or drugs. Furthermore, the policy does not provide coverage for any damages caused by the use of the vehicle for racing, or any modifications made to the vehicle.
What are the Premiums for NTUC Motor Insurance?
The premiums for NTUC Motor Insurance vary depending on the type of coverage selected and the driver's driving history. Generally, the premiums are determined based on the age of the driver, the type of vehicle, and the driver's driving record. The premiums can also be affected by any additional riders or coverage that is included in the policy. The premium for NTUC Motor Insurance is generally lower than other motor insurance policies offered by other insurers, making it an attractive option for car owners.
Bottom Line
NTUC Motor Insurance provides comprehensive coverage and protection for drivers and car owners. The policy offers a wide range of benefits and discounts, as well as 24-hour roadside assistance. The premiums are generally lower than those of other insurers, making it an attractive option for drivers. It is important to understand the details of the policy before signing up for it, so make sure to read through the policy wording carefully.
