Tag Archives: insurance policy
What You Can Do When You Sign Up For A Car Insurance Plan in Singapore
For those who never purchased a car insurance plan, you may feel very annoyed when you are forced to sign on a contract filled with strange terms and legalities. Yet automobile insurance is as simple as ABC when you’ve got a bit of advice from professionals. This content tries to provide clarity to help you sign up for any automobile insurance of your choice effortlessly.
There are numerous auto insurance products you can find in the market. Thus you’re spoilt for choice. When you shop for a car insurance coverage, you might come across many that you want. You’ll get a hint about what motor insurance plan to opt for as you look over every one of the plans and review them. Eventually, you can find what you wish out of your auto insurance plan. You’ll save lots of time and get a greater comprehension about your car insurance policy when you consult specialists about terms you may not comprehend.
As you purchase a car insurance policy, please take note that the insurance company requires a few references and a handful of records on your part. That is necessary to validate whatever you say on the application form is valid. It also facilitates any insurance claims you could make in the foreseeable future.
To begin with you have to provide will be the driver’s licence. You might also be asked to provide your identity card. Each insurance company wants to make sure the information you provide on the application is correct so the price is accurate. And this also makes sure your name is typed in the right way on your insurance policy documents so that you would not experience trouble during insurance claims.
In case you are eligible for a no-claim bonus or discount, the insurer will often want your renewal letter. Using this information, the discount that you are entitled for will be shown. In most cases, your accident records can also be found. Using this, the insurance company may confidently offer the discount to you knowing that the facts provided is exact and true.
In case you got your driving license from a different nation, some insurers (like NTUC) might require you to convert your driver’s license prior to providing you with a coverage. Or else you will have to shell out extra for your motor insurance as a result of insufficient local driving experience. In spite of this, large insurers will often take the whole driving experience into consideration. You will have to present a written evidence of your no-claim bonus from your present overseas insurance company for them to endorse the discount you’re eligible for.
When applying for a car insurance coverage, be sure to grasp the fundamental terms and clauses. The insurer’s adviser or a specialist can easily explain things to you in simple English if you fail to understand anything.