Saturday, October 16, 2010

Third party motor insurance

If your car is more than 5 years old, you may find it beneficial to insure it under a third party insurance policy and save 30% to 50% of the premium.

Read this FAQ


Unknown said...

Mr. Tan,
Most insurance agents not keen if you wanted to buy third party and I am also not sure which insurance company offers third party.Most of their website only have comprehensive cover only.

I am insured with NTUC. Do they offer third party?

Wa Lau Tan

Tan Kin Lian said...

You can approach the insurance company directly through the website or call center. They all offer third party insurance. They have to do so, as it is compulsory to have third party insurance by law.

Unknown said...

Mr. Tan,
I have circulated your wrtie up to relatives anbd friends. It is simple and easy to understand and it make sense. They would switch to third party when due.

Wa lau Tan

Unknown said...

Great article. As a rider, I always buy 3rd party fire and theft or sometimes just 3rd party as the motorcycle is not very costly. I subscribe to the idea that we should only buy insurance for losses we cannot absorb.

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