Insurance Market
Insurance market blog 2

MSIG Car Insurance plans and promotions in Singapore 2019

MSIG Car Insurance Plans

MSIG Insurance (Singapore) Pte. Ltd. ("MSIG Singapore"), a member of the MS&AD Insurance Group, is one of Singapore’s leading general insurers. With a local presence of over 100 years, MSIG Singapore offers an extensive range of insurance solutions for commercial and personal risk protection, enabling the security and safety of individuals and businesses. Wholly owned by MSIG Holdings (Asia) Pte. Ltd., MSIG Singapore holds an A+/Stable financial rating by Standard & Poor’s. MS&AD Insurance Group was formed in April 2010 from the business integration of the Mitsui Sumitomo Insurance Group Holdings, Inc., Aioi Insurance Co. Ltd., and Nissay Dowa General Insurance Co., Ltd. Today MS&AD is one of the largest general insurance groups in the world with presence in 42 countries and regions, 17 of which are in Asia. Based in Japan, MS&AD is active in five business domains, namely domestic (Japanese) non-life insurance, domestic (Japanese) life insurance, overseas business, financial services business and risk-related business.

MotorMax Plan

A very comprehensive car policy that has good personal accident and medical expense coverage. This policy also includes business usage of cars. However, only MSIG approved workshops are allowed and young drivers incur high excess levels.

Benefit List

The Car - General Coverage
Car
Accessories & Parts
Repairs by Dealer
Repairs by workshop of your choice
Broken Window Glass
Towing upon Accident
General wear & tear
In-Transit
West Malaysia
Thailand (Within 80km)
The Car - Level of Excess
Experienced & Mature Named Driver
S$500
Experienced & Young Named Driver
S$3,500
Experienced & Mature Unnamed Driver
S$500
Experienced & Young Unnamed Driver
S$3,500
Inexperienced & Mature Named Driver
S$500
Inexperienced & Young Named Driver
S$3,500
Inexperienced & Mature Unnamed Driver
S$500
Inexperienced & Young Unnamed Driver
S$3,500
Fire & Theft
Window Glass
S$100
Accessories & Parts
The Car - Covered Events (Car)
Accident
Fire & Theft
Malicious act
Civil Unrest
Natural Disasters
Authority to Repair (minor)
S$350
The Car - Covered Events (Car Accessories & Parts)
Accident
Fire & Theft
Malicious Act
Civil Unrest
Natural Disasters
The Car - Extra Window Glass Coverage
Chipped Window Glass
Transport Allowance
Liability to Third Parties - Legal Liability
Death & Injury
Third-Party Property
Covered
Any Other Uninsured Car
Any Uninsured Named Drivers
Any Uninsured Unnamed Drivers
Passengers
Legal Expenses
Costs & Expenses
Business Usage
Personal Property
Medical Expenses - Medical Expenses
Yourself
S$1,000
Named Driver
S$1,000
Unnamed Driver
S$1,000
Passenger
S$1,000
Personal Accident Benefits - General Coverage
The Driver
The Passenger(s)
Multiple Policy Payouts
Self-Affliction
Influence of Alcohol & Drugs
Above Seating Capacity
Maximum compensation
S$20,000

MotorMax Plus Plan

A very comprehensive car policy that has good personal accident and medical expense coverage. This policy also includes business usage of cars and any workshop repair. However, young drivers face high excess levels

Benefit List

The Car - General Coverage
Car
Accessories & Parts
Repairs by Dealer
Repairs by workshop of your choice
Yes
Broken Window Glass
Towing upon Accident
General wear & tear
In-Transit
West Malaysia
Thailand (Within 80km)
The Car - Level of Excess
Experienced & Mature Named Driver
S$500
Experienced & Young Named Driver
S$3,500
Experienced & Mature Unnamed Driver
S$500
Experienced & Young Unnamed Driver
S$3,500
Inexperienced & Mature Named Driver
S$500
Inexperienced & Young Named Driver
S$3,500
Inexperienced & Mature Unnamed Driver
S$500
Inexperienced & Young Unnamed Driver
S$3,500
Fire & Theft
Window Glass
S$100
Accessories & Parts
The Car - Covered Events (Car)
Accident
Fire & Theft
Malicious act
Civil Unrest
Natural Disasters
Authority to Repair (minor)
S$350
The Car - Covered Events (Car Accessories & Parts)
Accident
Fire & Theft
Malicious Act
Civil Unrest
Natural Disasters
The Car - Extra Window Glass Coverage
Chipped Window Glass
Transport Allowance
Liability to Third Parties - Legal Liability
Death & Injury
Third-Party Property
Covered
Any Other Uninsured Car
Any Uninsured Named Drivers
Any Uninsured Unnamed Drivers
Passengers
Legal Expenses
Costs & Expenses
Business Usage
Personal Property
Medical Expenses - Medical Expenses
Yourself
S$1,000
Named Driver
S$1,000
Unnamed Driver
S$1,000
Passenger
S$1,000
Personal Accident Benefits - General Coverage
The Driver
The Passenger(s)
Multiple Policy Payouts
Self-Affliction
Influence of Alcohol & Drugs
Above Seating Capacity
Maximum compensation
S$20,000
Learn more about these policies from
Policy Wording DocumentRead Now
Policy BrochureRead Now