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MSIG MotorMax is a comprehensive car insurance policy that protects you from expensive mishaps on the road — be it running up the back of another car, or getting caught in a nasty flood.
Take a closer look at how MSIG MotorMax car insurance works in this review.
Receive up to S$150 worth of shopping vouchers and S$150 off car grooming when you sign up for an MSIG MotorMax or MotorMax Plus policy online.
Valid till 31 October 2021. Terms and conditions apply.
Here’s an overview of the benefits:
| Benefits summary | MotorMax |
|---|---|
| Coverage of insured vehicle against accidental loss or damage | Up to the insured vehicle’s market value at the time of loss or damage |
| Liability to Third Parties | |
| Death or bodily injury to any person | Unlimited |
| Damage to property | S$5,000,000 |
| Personal Accident Benefits | |
| Policyholder | S$20,000 |
| Authorised driver and/or passenger | S$10,000 |
| Medical Expenses | |
| Policyholder | Up to S$1,000 |
| Authorised driver and/or passenger | Up to S$1,000 each |
| Other Benefits | |
| Choice of repairer | MSIG authorised workshops only |
| Transport allowance | |
| New car replacement | |
| Loan protection benefits | |
| Windscreen cover | |
| 24-hour automobile and medical assistance services | |
| Overseas emergency medical evacuation and repatriation | Up to S$50,000 |
Add-ons are optional extras designed to enhance the coverage of your basic car insurance policy. As of September 2021, MSIG car insurance only offers the following add-on: NCD Protector.
With the NCD Protector, you can make one claim within the period of insurance, and still have the NCD entitlement fully protected. Do note that this add-on is only available to policyholders with an NCD of 30% or higher.
A no claim discount (NCD) is an annual reduction in the cost of your car insurance if you did not make any claim on your vehicle for a year or more.
This means that for every consecutive year you remain claim-free, you’ll earn a bigger discount on your motor insurance premium. Here’s how it works:
| NCD at the inception date of the policy | |||
|---|---|---|---|
| No. of claims | 30% | 40% | 50% |
| 0 | 40% | 50% | 50% |
| 1 | 30% | 40% | 50% |
| 2 | 0% | 10% | 20% |
| 3 or more | 0% | 0% | 0% |
MSIG will not be liable to pay for the car insurance claim if the insured vehicle was:
If you suffer an accident or a vehicle breakdown, be sure to stay calm and follow the proper procedure to make a claim:
If you’ve compared your options and decide to insure your wheels with MSIG MotorMax, click on the ‘Apply now’ button to get an instant quotation. Complete a quick 5-step application process, make payment and you’re done!
Overall, the MSIG MotorMax policy is one of the more affordable car insurance available in the market. Plus it comes with a handy medical expense benefit that extended to your passengers, up to the legal seating capacity – which is a rare feature that’s typically limited to pricier plans.
Do keep in mind that MSIG MotorMax only offers a basic level of coverage with lower payouts, and imposes a stiff excess charge for younger drivers aged 27 or below.
However, if you’re budget-conscious or looking to insure an older car, the MSIG MotorMax would certainly suffice.
If you prefer more extensive coverage, check out MSIG MotorMax Plus for these extra benefits:
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