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Incentive Scheme

Incentive Scheme for Good Drivers

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