Get up to S$170 rebate when you purchase an Ultimate Car Protector Plan by 31 May 2017.
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Promotion from now to 31 May 2017

From now till 31 May 2017, staff of Standard Chartered Business Banking Clients can receive up to $170 rebate with the successful purchase of an Ultimate Car Protector plan.

Apply now and receive up to S$170 Rebate*upon successful purchase

*The Ultimate Car Protector Promotion for Staff of Business Banking Clients ("UCP Promotion") is organised by MSIG Insurance (Singapore) Pte. Ltd. and is valid from now till 31 May 2017 ("Promotion Period"). UCP Promotion is applicable to new applications only and not valid with other promotions, discounts, offers, vouchers, rebates or privileges. For each Ultimate Car Protector - Premier Policy purchased from MSIG during the Promotion Period with premium fully paid during that period, you will receive S$170 Rebate. For each Ultimate Car Protector – Classic Policy purchased from MSIG during the Promotion Period with premium fully paid during that period, you will receive S$130 Rebate. UCP Promotion is available to staff of Standard Chartered Business Banking Clients who successfully purchase an Ultimate Car Protector Policy in accordance with the terms and conditions of the UCP Promotion and enter the promotional code ‘SCBBIZ’ into the application form.

UCP Promotion Terms and Conditions apply.

Get an instant free quote or Buy Now Retrieve Quote & Buy Now

Additional Features

Unlimited Protection for Your Windscreen and Windows

Ultimate Car Protector takes care of the replacement of your car's windscreen or windows, in the event of damage. This includes your car's standard-fitted sunroof. You do not have to bear any cost and your No Claim Bonus remains intact.

Enjoy Overseas Vehicle Excess Cover#

The policy reimburses you of up to $500 for the excess in the event of collision or theft of the car you have rented during your trip overseas.
#Coverage applicable to Premier Plan only


Summary of Benefits Limit of Liability
Premier Plan Classic Plan
Comprehensive coverage of insured vehicle against accidental loss or
liability to third parties
  • Death or bodily injury to any person
  • Damage to property

Market value of insured vehicle at time of loss or damage



Personal accident benefits
  • Policyholder
  • Authorised driver and/or passenger up to legal seating capacity

$50,000 each

$10,000 each
Medical expenses
  • Policyholder
  • Authorised driver and/or passenger up to legal seating capacity
Up to $1,000

Up to $1,000 each
Up to $1,000

Up to $1,000 each
Choice of workshop for accident repairs to insured vehicle Any workshop MSIG's authorised workshops*
Transport allowance while the insured vehicle undergoes repair following accidental damage. Where this benefit applies, payment starts from the first day of repair $50 per day
maximum 5 days
Not covered
Gap Cover Benefit^
Pays the difference of up to $100,000 between the outstanding car loan and the insured vehicle's prevailing market at the time of a total loss or constructive total loss
Covered Not covered
Loan Protection Benefit^
Pays the outstanding loan of up to $100,000 in respect of the insured vehicle following accidental death of the insured in direct connection with the insured vehicle
Covered Not covered
Windscreen cover due to breakage Automatic reinstatement Automatic reinstatement excess of $100 each claim
Overseas rental vehicle excess Up to $500 Not covered
24-hour automobile and medical assistance services
  • Auto Assistance Helpline Services such as emergency towing, roadside assistance, vehicle repatriation, accident and police report notification, locksmith referral and many more
  • Emergency medical evacuation and repatriation of the policyholder for accidents within the geographical area (excluding Singapore) in connection with the insured vehicle

^For avoidance of doubt, a claim can only be made for either Gap Cover Benefit or Loan Protection Benefit and not for both, subject to a maximum amount of not exceeding $100,000

There are over 40 MSIG's authorized workshops island wide.

Geographical area: Singapore, West Malaysia and 50 miles within the periphery of the border between Thailand and West Malaysia

Notes: Cover is subject to an excess for the vehicle damage repairs. An additional Young or Inexperienced Driver Excess of $3,000 applies for a driver who is aged 26 years old or below or has held a valid driving licence for 2 years or less.

Please refer to the policy terms and conditions for exclusions that may apply.


  • How do I get a motor insurance quotation?

    You can obtain a no-obligation motor insurance quotation by clicking “Apply Now” or calling MSIG Insurance's Customer Service hotline at 6827 7605 (Mon-Fri, 8.45am - 5.30pm). Do quote the promotional code ‘SCBBIZ’ when you call the MSIG Insurance's Customer Service hotline to enjoy the above promotion.

  • How do I apply for motor insurance?

    If you are satisfied with the Ultimate Car Protector quotation, you may proceed to apply online. Do remember to enter the promotional code 'SCBBIZ' to enjoy the above promotion.

  • Can I cancel the policy?

    Yes, you can cancel the policy by giving 7 days written notice to MSIG Insurance. You will receive up to 80% of the pro-rated premium. Similarly, MSIG Insurance can cancel the policy by giving you 7 days written notice and refund you the pro-rated premium. Either way, there is no refund if the refund premium is less than $25 or where a claim (including windscreen, window or IU claim) has arisen under the policy.

  • Am I eligible for offence-free discount?

    If your No Claim Discount (NCD) is 30% or more, your Certificate of Merit (COM) from the traffic police entitles you to a 5% discount over and above your NCD. Please print a copy of your COM by logging on to and present it with your application.

  • Do I need to insure the COE and PARF?

    We suggest that you insure your car including COE and PARF. If there is a total loss claim due to theft or severe damage, the insurer will pay the full market value of the vehicle prevailing at the time of the loss or damage, inclusive of COE and PARF values. You will not be required to make separate claims for these items from the Land Transport Authority (LTA).

    If you prefer to insure without the COE and PARF, there is a 5% reduction in your premium. In this case, you should claim for the COE and PARF from the LTA in the event of a total loss.

  • Can I purchase No Claim Discount Protector?

    If you have accumulated 50% No Claim Discount (NCD), you can choose to buy protection against the loss of the NCD following one accident by paying an additional premium of 10%, subject to minimum of $50 per annum. The 50% No Claims Discount benefit in this Policy is protected on the next renewal of the Policy as follows:

    No. of claims made or arisen during the period of insurance NCD entitlement on renewal of the Policy
    0 50%
    1 50%
    2 20%
    3 or more 0%

    The No Claims Discount Protector benefit:
    a) is not transferable to any another insurer;
    b) is not available to cases involving the loss of NCD as a result of not reporting or late reporting of accidents as set out under the Policy; and
    c) does not protect against non-renewal or cancellation of the Policy.



This webpage describes the insurance product(s) and service(s) provided by MSIG Insurance (Singapore) Pte. Ltd (“MSIG”) in alliance with Standard Chartered Bank (Singapore) Limited (“SCBSL”). This webpage is not a contract of insurance and reference should be made to the actual policy for the exact terms and conditions applicable to the insurance policy, which will be sent to you upon the acceptance of your application by MSIG. It does not constitute an offer to buy or sell an insurance product or service. It is also not intended to provide any insurance or financial advice. All insurance products described in this webpage are products of and underwritten by MSIG and not SCBSL. In facilitating insurance arrangements or in referring customers to MSIG, SCBSL is acting in alliance with MSIG and not as an agent for customers.

This Policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your Policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact MSIG or visit the GIA or SDIC websites ( or

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Call our hotline for further information.

+65 6827 7605

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