I encourage owner to insure their new cars with NTUC Income:
- you enjoy lower premium
- if your car is repaired at our quality workshop and your distributor void the warranty, we will take over the warranty.
You do not have to pay higher insurance premium or servicing charges, just to protect your warranty.
My advice: you can use the free warranty provided by the distributor for the initial period. After that, you can forget about the warranty. Many motorists tell me that any defects in the car is likely to be identified within the first few months.
If your distributor gives you an incentive to insure with their tied-up insurers, you can take the incentive for the first year. For the second year, you can come to NTUC Income.
If you register with us now, we will give you a discount of 10% on your insurance. You enjoy this 10% discount ON TOP of our competitive premium rates.
Call 6477 7722 or go to www.income.coop
Dear Mr Tan,
ReplyDeleteWhen will the 10% discount offer ending? My insurance is not due till late Oct 2006.
Dear K. S.
ReplyDeleteYou can register now by calling our hotline. We will keep the discount for you, to apply on your next renewal in Oct 2006.
We give the choice to the customer:
ReplyDelete- come directly to the office and enjoy the 10% discount
- use the service of an agent and pay the normal price.
The agent should provide service to win over the customer.
Let the customer decide on whether they wish to save 10% or enjoy the service of the agent.
The banks are also offering a discount of 12% or 15% to their customers.
ReplyDeleteThey are willing to give the rebate to win over the customer in the first year.
We have to compete with these banks.
Our agent can also give the discount to compete with our direct channel or with the bank.
It is a competitive business.
Thank you for the information, I found the below link on insurance investment plan, refer this for more details
ReplyDeleteinsurance investment plan