MSIG Car Insurance
MSIG car insurance plans assure your every drive is a breeze! Choose from our MotorMax value plan or MotorMax Plus for even greater protection!
For comprehensive coverage, MotorMax Plus gives you the flexibility to choose the repair workshop and grants you transport allowance in the event your car needs more than 3 days at the workshop. Take no chances too if your car is less than 12 months’ old; MotorMax Plus provides up to $100,000 for a replacement* vehicle in the event of a total loss in an accident.
What’s more? MotorMax Plus offers one of the highest personal accident covers in the market and protection of your outstanding car loan so you can enjoy greater confidence and peace of mind, on and off the roads.
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Currency: Singapore dollars
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SUMMARY OF BENEFITS
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LIMIT OF LIABILITY
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MotorMax
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MotorMax Plus
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1.
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Comprehensive coverage of Insured Vehicle against accidental loss or damage
Liability To Third Parties
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Market Value of Insured Vehicle at time of loss or damage
Unlimited
$5,000,000
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2.
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Personal Accident Benefits
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$20,000
$10,000 each
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$100,000
$50,000 each
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3.
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Medical Expenses
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Up to $1,000
Up to $1,000 each
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Up to $1,000
Up to $1,000 each
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4.
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Choice of Workshop for accident repairs to Insured Vehicle
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MSIG’s authorised workshops
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Any Workshop
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5.
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Transport allowance while the Insured Vehicle undergoes repairs following accident damage if the approved repair period is more than 3 days. Where this benefit applies, cover starts from the first day of repair. Please refer to the illustration in FAQ No. 7.
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Not Covered
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$50 per day
Max 10 days
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6.
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New for Old Replacement (High performance, sports makes and high value vehicles excluded) Pays the difference of up to $100,000 between the market value of the Insured Vehicle at the time of a Total Loss or Constructive Total Loss and the cost of a new vehicle of same make and model following accident occurring within 12 months of its first registration. This benefit does not apply to Total Loss or Constructive Total Loss caused by flood, theft or robbery of the Insured Vehicle.
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Not Covered
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Covered
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7.
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Loan Protection Benefits
Pays the outstanding loan amount in respect of the Insured Vehicle following accidental death of the Policyholder in direct connection with the Insured Vehicle.
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Not Covered
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Up to $100,000
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8.
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Windscreen
Windscreen Cover due to breakage, subject to excess of $100 for each claim.
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Auto reinstatement
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9.
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24 hours Automobile and Medical Assistance Services
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Available
$50,000
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As Independent Financial Consultants, we provide insurance plans from most of insurance companies. We list several popular Motor Car Insurance plans from different insurance company for your comparison as below:
- AIG Car Insurance
- AVIVA Car Insurance
- AXA Car Insurance
- NTUC Car Insurance
- Liberty Car Insurance
- MSIG Car Insurance
- Tokio Marine Car Insurance
If you feel difficult to find a trusty and professional financial consultant, or if you need an independent financial consultant for unbiased advice. We can recommend a trusty financial consultant to discuss your insurance needs FREE of Charge, please fill the online form in Contact Us now. Our recommended financial consultant will contact you to make you understand how to choose suitable insurance to meet your needs.