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  • (W.E.F 9-4-2020) Scheme Table (MCV Scheme 1.00 - 1.99 Tonnes)

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    This document provides the commercial van premium table for vehicles weighing 1.00-1.99 tonnes with effect from April 9, 2020 for new vehicles up to 5 years old. It lists the premium prices for different no-claim discount percentages and distributors, as well as authorized workshops. The excess is $350 and windscreen coverage is $2,000 for accident cases. Additional excess may apply for young, inexperienced, or elderly drivers. The premium covers one claim below $10,000 and is applicable to certain vehicle models.

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    This document provides the commercial van premium table for vehicles weighing 1.00-1.99 tonnes with effect from April 9, 2020 for new vehicles up to 5 years old. It lists the premium prices for different no-claim discount percentages and distributors, as well as authorized workshops. The excess is $350 and windscreen coverage is $2,000 for accident cases. Additional excess may apply for young, inexperienced, or elderly drivers. The premium covers one claim below $10,000 and is applicable to certain vehicle models.

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    6 views1 page

    (W.E.F 9-4-2020) Scheme Table (MCV Scheme 1.00 - 1.99 Tonnes)

    Uploaded by

    llll
    This document provides the commercial van premium table for vehicles weighing 1.00-1.99 tonnes with effect from April 9, 2020 for new vehicles up to 5 years old. It lists the premium prices for different no-claim discount percentages and distributors, as well as authorized workshops. The excess is $350 and windscreen coverage is $2,000 for accident cases. Additional excess may apply for young, inexperienced, or elderly drivers. The premium covers one claim below $10,000 and is applicable to certain vehicle models.

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    © All Rights Reserved
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    China Taiping Insurance Co. (Singapore) Pte. Ltd.

    ( Co. Reg. No. 200208384E )

    COMMERCIAL VAN PREMIUM TABLE


    (MCV SCHEME 1.00 - 1.99 TONNES)
    (With Effect from 09.04.2020)
    (Brand New - 5 Years)
    Distributor Authorised Workshop Only (incl. 7%
    NCD (incl. 7% gst) gst)
    0% $2,174.00 $2,066.00 $2066.01
    10% $2,041.00 $1,940.00
    15% $1,706.00 $1,621.00 $1620.99
    20% (With NCD Protector) $1,468.00 $1,394.00 $1394.01

    EXCESS : $350/-

    NOTE: WINDSCREEN COVERAGE : $2000/- ( ACCIDENT CASES TO BE REFERRED TO UNDERWRITERS)

    Additional Young & Inexperienced Unnamed Authorised Driver & Flat Elderly Excess shall apply.
    ***** Young & Inexperienced Driver - Any Driver below 22 yrs old & possess a full driving license for less
    than 1 year. (Add on to Basic Excess)

    ***** Premium is applicable to 1 claim = below $10K

    ***** Applicable to Toyota, Nissan, Mitsubishi, Isusu, Kia & Citroen Models only

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