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Underwritten by MSIG, Commercial Vehicle Insurance covers risks attached to vehicles used for business purposes

Commercial Vehicle Insurance

Underwritten by MSIG, Commercial Vehicle Insurance covers risks attached to vehicles used for business purposes

Details

Commercial Vehicle Insurance

  • Commercial Vehicle Insurance primarily covers risks attached to commercial vehicles used for business purposes. The policy covers these vehicles while being driven or parked and covers your business’s legal liabilities to other road users. Comprehensive or Third Party only options are also available depending on the age of the vehicles.

Why Business requires Commercial Vehicle Insurance?

  • Third Party Insurance is a mandatory cover under the Motor Vehicles (Third Party Risks and Compensation) Act. Vehicles must be registered with LTA with liability insurance in place, before they can be used on the roads.

Disclaimer

This webpage is not a contract of insurance and reference should be made to the actual policy for the exact terms and conditions applicable. 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 Insurance (Singapore) Pte. Ltd and not Standard Chartered Bank (Singapore) Limited. Standard Chartered Bank (Singapore) Limited shall not be liable in any manner whatsoever regarding your application or the contract of insurance. In facilitating insurance arrangements or in referring customers to any insurer, the Bank is acting in alliance with the insurer and not as an agent for customers.  This webpage is being distributed for general information only and it does not constitute an offer, recommendation, solicitation to enter into any transaction. You may wish to seek advice from a licensed or an exempt financial adviser before making a commitment to purchase this product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.