Saturday, October 28, 2006

Car Tracking

If you visit Malaysia often, it is better to install a car tracking device.

NTUC Income has tied up with a provider to give a special package to our policyholders to install a car tracking device.

60 policyholders have installed this device. We have successfully recovered 1 car fixed with the trackers. With a tracking device, there is a high probability of recovery if cars are stolen.

Policyholders thus benefit from a 10% to 25% reduction in their insurance premium. The amount of discount given varies, depending on our theft experience of the model of car.

Our policyholders pay a one time installation fee of $720. We allow our policyholders to pay over four interest-free installments.

There is also an annual subscription fee of $132. This subscription fee is
for the management and maintenance of the alarm centre.

The first year's subscription fee is waived during this promotion period.

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