Motorists with a clean driving record for a continuous three years will enjoy a 5% discount over and above the usual No-Claim Bonus when they renew their insurance policy. They must not have made any claims on their vehicles' insurance for the past three years.
Owners of all privately owned vehicles, including buses and motorcycles, are eligible for the incentive scheme given by the participating insurance companies.
List of Participating Insurance Companies
| 1 |
ACE Insurance Ltd |
| 2 |
Allianz Insurance Co of Singapore Pte Ltd |
| 3 |
American Home Assurance Co - S'pore |
| 4 |
AXA Insurance Singapore Pte Ltd |
| 5 |
China Insurance Co (Singapore) Pte Ltd |
| 6 |
EQ Insurance Company Ltd |
| 7 |
Federal Insurance Co |
| 8 |
First Capital Insurance Ltd |
| 9 |
HSBC Insurance (Singapore) Pte Ltd |
| 10 |
India International Insurance Pte Ltd |
| 11 |
Liberty Insurance Pte Ltd |
| 12 |
Lonpac Insurance Bhd |
| 13 |
Mayban General Assurance Bhd |
| 14 |
Mitsui Sumitomo Insurance (Singapore) Pte Ltd |
| 15 |
MSIG Insurance (Singapore) Pte Ltd (formerly Aviva General Insurance Pte Ltd) |
| 16 |
Nipponkoa Insurance Co Ltd |
| 17 |
Overseas Assurance Corporation Ltd |
| 18 |
QBE Insurance (International) Ltd |
| 19 |
Royal & Sun Alliance Insurance Plc |
| 20 |
SHC Capital Ltd |
| 21 |
Sompo Japan Insurance Co (Asia) Pte Ltd |
| 22 |
Tenet Insurance Co Ltd |
| 23 |
TM Asia Insurance Singapore Ltd |
| 24 |
Tokio Marine & Fire Insurance Co (S) Pte Ltd |
| 25 |
United Overseas Insurance Ltd |