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Motor Insurance

NTUC Income 35th Anniversary Special
Enjoy 10% discount on your Motor Insurance

~~~ For a limited period only! ~~~

How much is your car worth to you?
Do you have insurance coverage for the car your?
Will you be paid adequately in the event of a total loss and theft?

Have total peace of mind with Motor Insurance package from Income because it gives you the most comprehensive coverage and many other advantages:

Full Market Value
Never be under insured should an accident occur when your car is automatically covered for its full market value so that you can claim complete repair cost.

24 hour Vehicle Breakdown and Accident Reporting Service
Call our 24-hour Hotline at 6788-8788 for any assistance you need when on the road

Hassle-Free Claims
Call our 24 hour Hotline at 6788-8788 or visit any IDAC Centre for any claim issues and we will not only attend to all your motor claims but also assign a workshop to undertake your vehicle within 2 working days.

Claim will not be taken into consideration if you are involved in an accident where you are less than 20% liable. However, it will not affect your No-Claim Discount (NCD)*.

Choice of Premium Payment
You can choose payment of premiums by lump sum or 6 easy GIRO installments

5% Loyalty Rebates
Enjoy an extra 5% loyalty rebate if you are insured with Income for 3 consecutive years

One-Stop Service
Added convenience for you to renew your road tax when you renew your motor insurance with Income

Motor Quality Plan
The plans offered by Income are as follow:

Quality Plus Plan
Compulsory repair at Income’s quality workshop:

  • Excess will be waived
  • Replacement car or daily transport allowance of $50 (up to 14 days)

Repair by distributor workshop is allowed if specialized skill or tools are needed

  • Excess charges will apply
  • No replacement car or transport allowance

Quality Plan

  • Excess will apply for all repairs from accidents
  • No replacement care or transport allowance will be provided
  • Premium is approximately 10% lower that that of Quality Plan Plus
  • Compulsory repair at out quality workshop
  • Repair by other workshops are allowed if specialized skills or tools are necessary for vehicles under warranty

Additional Excess
Income offers an option for holders of Income Motor Insurance Policy with private cars to take and additional excess to benefit from lower premiums under both Quality Plan and Quality Plan Plus.

Policyholders can opt to have additional excess applied to the standard excess in the policy. The reduction of premiums will apply as follow:


Additional Excess

Premium Reduction

a)

$500

8%

b)

$1,000

12%

c)

$1,500

15%

The excess will be applicable to personal damage claims only.

Excess waiver under Quality Plus Plan
The waiver of excess under the Quality Plus Plan will be applicable to the standard excess and not the additional excess opted here.

NCD Protection
Income policyholders who have accumulated 50% NCD can purchase protection against the loss of the concession following one accident by paying an addition premium of 10% subject a minimum of $50.

By paying the extra, you can make one claim during the year, and still have the discount fully protected.

* Conditions apply