Monday, September 07, 2009

Staged Accidents

A staged accident is created by a workshop to make a big claim on insurance company. It is dangerous. When will action be taken against these criminals? Read here.
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2 comments:

Anonymous said...

A study recommends 80kmh on the road to reduce head/neck injury if accident.

September 07, 2009 11:26 PM
Anonymous said...

To bring the culprits to court takes alot of committment and determination.... no other insurance company made that effort except during Mr Tan's watch, when 2 workshops were prosecuted... now THAT is doing something...

It was during Mr Tan's tenure that NTUC Income's motor premium was consistently very competitive if not the lowest... He had an eye on the cost and fraud! He was committted to provide low cost insurance.

I now realise why, the other insurance companies did not bother about their cost when it comes to motor insurance... Because of 2 reason :

1) Motor insurance is complusory
2) They can easily raise premiums when their cost goes up... as they can easily pass it on to the customers...

They know that both the public and the govererment will not do anything about it!!!!

September 08, 2009 7:39 AM

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