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Ultimate Car Protector is a motor insurance plan underwritten by MSIG Insurance (Singapore) Pte Ltd Apply Now

Ultimate Car Protector is a motor insurance plan underwritten by MSIG Insurance (Singapore) Pte Ltd

Ultimate Car Protector

Ultimate Car Protector is a motor insurance plan underwritten by MSIG Insurance (Singapore) Pte Ltd, that provides comprehensive protection for you and your car.

Promotion ends 31 August 2017

Premier Plan
Classic Plan
$100 rebate* $100 rebate*
Only for new applications Only for new applications

*The Ultimate Car Protector Promotion (“UCP Promotion”) is organised by MSIG Insurance (Singapore) Pte. Ltd. and is valid from now till 31 Aug 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$100 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$100 Rebate.

  1. This Ultimate Car Protector Promotion (“Promotion”) is organised by MSIG Insurance (Singapore) Pte. Ltd. (“MSIG Insurance”). The Promotion is valid from 1 July 2017 to 31 Aug 2017 , both dates inclusive (“Promotion Period”). Ultimate Car Protector Policy is underwritten by MSIG Insurance and distributed by Standard Chartered Bank (Singapore) Limited (“SCBSL”).
  2. If you successfully purchase an Ultimate Car Protector Policy from MSIG Insurance through SCBSL via SCBSL’s website during the Promotion Period, you will be entitled to (each, a “Rebate”):
    (a) For Premier policy – a rebate in the amount of S$100; or
    (b) For Classic policy – a rebate in the amount of S$100.
  3. If your application form was submitted online with premium fully paid, the Rebate will be awarded via crossed cheque. If your application form submitted at any SCBSL branch, the Rebate will be via discount on premium payable.
  4. In the event that MSIG Insurance is unable to deduct the premium payable from the credit/ debit card as provided in the application form, you will need to provide an alternative mode of payment.
  5. Your purchase of the Ultimate Car Protector Policy is subject to MSIG Insurance’s policy terms and conditions, and acceptance. SCBSL does not accept any responsibility regarding any statement made in, omission or inclusion of any provisions of, the policy terms and conditions nor shall SCBSL be held liable in any manner whatsoever in respect of your application for the Ultimate Car Protector Policy or the policy terms and conditions.
  6. This Promotion is applicable to new applications only and not valid with other promotions, discounts, offers, vouchers, rebates or privileges.
  7. If you cancel your Ultimate Car Protector Policy at any time before the policy expiry date for whatever reason, MSIG Insurance reserves the right to deduct the value of the Rebate from the refund premium allowed under the policy, if any.
  8. MSIG Insurance may at its sole discretion at any time and without prior notice substitute or replace the Rebate with any other items of equal or similar value.
  9. MSIG Insurance and SCBSL each may at any time, without any prior notice or liability to you, vary the terms and conditions of this Promotion or withdraw or discontinue the Promotion at any time. The decision of MSIG Insurance and SCBSL on all matters relating to this Promotion, including determining your eligibility to participate, shall be at their absolute discretion and will be final and binding.
  10. In the event of any inconsistency between these Terms and Conditions and any brochures, marketing or promotional materials relating to the Promotion, these Terms and Conditions shall prevail.
  11. SCBSL shall not be responsible for the quality, merchantability or the fitness for any purpose or any other aspect of the products and/or services provided by MSIG Insurance. Notwithstanding anything herein, SCBSL shall not at any time be responsible or held liable for any loss, injury, damage or harm suffered by or in connection with the products and/or services provided by MSIG Insurance.
  12. A person who is not a party to these Terms and Conditions has no right under the Contracts (Rights of Third Parties) Act (Cap.53B) to enforce any of these Terms and Conditions.
  13. These Terms and Conditions are governed by and construed in accordance with the laws of the Republic of Singapore and you agree to submit to the exclusive jurisdiction of the courts of the Republic of Singapore.
  14. All information is correct at time of print.

Benefits

Summary of Benefits
Premier Plan
Limit of Liability
Classic Plan
Limit of Liability
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:

  • Unlimited
  • $5,000,000
Market value of insured vehicle at time of loss or damage:

  • Unlimited
  • $5,000,000
Personal accident benefits:

  • Policyholder
  • Authorised driver and/or passenger up to legal seating capacity
  • $100,000
  • $50,000 each
  • $20,000
  • $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
Available
$50,000
Available
$50,000

^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.

FAQs

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.

This Policy is protected under the Policy Owner 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 (www.gia.org.sg or www.sdic.org.sg).