Private Motor
MSIG's MotorMax Plus provides extensive motor insurance coverage with enhanced benefits including those with electric vehicles (EV). The benefits feature coverage for accidental damage, third-party liability, and personal accident protection.
MotorMax Plus now includes specialized insurance benefits for EV owners, such as medical expenses for electric shocks due to electric vehicle battery leakage and towing services when the EV runs out of battery during use. With MSIG's motor insurance plans, drivers enjoy a well-rounded insurance solution that safeguards them in today's evolving automotive landscape.
Features & benefits
Green Your Ride
We've enhanced our benefits for electric vehicle owners at no extra cost.
Comprehensive Cover
Our plans cover the insured vehicle against accidental loss or damage.
Car Loan Protection
MotorMax Plus pays up to $100,000 of any outstanding car loan if the policyholder dies in a car accident.
New for Old Replacement
If your car is less than 12 months old and becomes irreparable after an accident, we will replace it with a brand new one.
Transport Allowance
Receive a transport allowance if your car is being repaired.
Instant Quote
Quick and personalised motor insurance fee quote which you can save and retrieve online within 30 days.
Why choose MSIG?
24/7 Helpline
Get help anytime, anywhere with 24-hour roadside assistance for towing, lockout or battery jumpstart services.
Claims Made Easy
Wherever possible, you deal with only one motor insurance claims specialist throughout your case. Rest assured that we will come to your aid even in third-party liability claims.
Quicker Repair Approval
Faster approval now for simple repairs! With MSIG’s Video Interaction Technology, our surveyors can assess and approve your car repairs virtually. Watch to learn more.
Select plans to compare
| BENEFITS SUMMARY | Limits of Liability | ||
|---|---|---|---|
| MotorMax | MotorMax Plus | ||
| 1. | Comprehensive Coverage of Insured Vehicle against accidental loss or damage | Market Value of Insured Vehicle at time of loss or damage | Market Value of Insured Vehicle at time of loss or damage |
| 2. | Liability to Third Parties | ||
| Death or bodily injury to any person | Unlimited | Unlimited | |
| Damage to property | $5,000,000 | $5,000,000 | |
| 3. | Personal Accident Benefits | ||
| Policyholder | $20,000 | $100,000 | |
| Authorised Driver and/or passenger (up to legal seating capacity) | $10,000 each | $50,000 each | |
| 4. | Medical Expenses | ||
| Policyholder | Up to $1,000 | Up to $1,000 | |
| Authorised Driver and/or passenger (up to legal seating capacity) | Up to $1,000 each | Up to $1,000 each | |
| 5. | Choice of Workshop for accident repairs to Insured Vehicle | MSIG's authorised workshops | Any workshops |
| 6. | Transport allowancewhile the vehicle undergoes repairs following accident damage. Cover starts from the first day of repair. Additionally, if you are driving an electric vehicle and sustain a total loss following loss or damage by fire caused by the electric vehicle battery, you will be provided with this benefit for up to 30 days. Please refer to FAQ No 8 for the illustration of the full benefit. |
Not Covered | Up to $60 per day Max 10 days |
| 7. | New for Old Replacement(High performance, sports makes and high value vehicles excluded) Replaces with a new vehicle of the same make, model and capacity up to $110,000 above the market value for electric vehicle (up to $100,000 for all other vehicle types) at the time of a Total Loss or Constructive Total Loss occurring within 12 months of its first registration, or pays for the difference. |
Not Covered | Covered |
| 8. | Loan Protection Benefits | ||
| Pays the outstanding loan amount in respect of the Insured Vehicle following accidental death of the Policyholder in direct connection with the Insured Vehicle. | Not Covered | Up to $100,000 | |
| 9. | Windscreen | ||
| Windscreen Cover due to breakage, subject to excess of $100 for each claim. Excess will be waived where repair to the windscreen is done instead of a replacement. | Auto reinstatement | Auto reinstatement | |
| 10. | Additional Benefits Applicable to Electric Vehicle | ||
| Emergency Electric Vehicle Towing Services Provides emergency towing services when your electric vehicle runs out of electricity during use, subject to excess of $50 for each service engaged through our Auto Assistance helpline. |
Not Covered | Covered | |
| Medical Expenses is extended to cover Policyholder, Authorised Driver and/or passenger injured by electric shock as a direct result of an electric vehicle battery leakage. | Not Covered | Up to $2,000 each | |
| Replacement of Car Lock and Keys | Not Covered | Up to $250 | |
| 11. | 24 hours Automobile and Medical Assistance Services | ||
| Auto Assistance Helpline Services such as emergency towing, roadside assistance, vehicle repatriation, accident & police report notification, locksmith referral and many more. | Available | Available | |
| Emergency medical evacuation and repatriation of the Policyholder for accidents within the Geographical Area (excluding Singapore) in connection with the Insured Vehicle. | $50,000 | $50,000 | |
| 12. | Optional benefits | ||
| Excess Waiver will waive the standard policy Excess for the first 2 claims during the policy year. | Available | Available | |
| NCD Protector protects the policyholder’s NCD entitlement in the event of a claim. Applicable to holders of 30% NCD or higher. | Available | Available | |
| No. | Questions & Answers | |||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
Do I need to purchase a specific policy to cover my electric vehicle? MotorMax Plus will provide coverage for your electric vehicle with additional benefits including Emergency Electric Vehicle Towing Services, enhanced Medical Expenses and Replacement of Car Lock and Keys. You will also enjoy customized protection under New for Old Replacement benefit and daily Transport Allowance For more information, please refer to the Benefit Summary. |
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| 2 |
What is Excess Waiver? This is an optional benefit that you can add on with additional premium. It waives your standard policy Excess payable up to first 2 claims during the policy year. Illustration: You have purchased a motor insurance policy with a standard policy Excess of $600 and added in the Excess Waiver optional benefit. This means that you are not required to make any out-of-pocket payment towards the Excess for the first 2 claims in the policy year. Unfortunately, if you are submitting a third claim, you must pay $600 towards the Excess. |
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| 3 |
What is the Young and/or Inexperienced Driver Excess about? This Excess applies in respect of a claim for loss or damage when the vehicle is driven by any person (other than the Policyholder) who is under 27 years old and/or held a valid driving licence for 2 years or less. This is payable on top of the standard policy Excess. |
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| 4 |
What is Market Value and how is this determined? This is the assessed value of the vehicle at the time of the accident determined by comparing retail prices for vehicles of the same make, model, age and condition. |
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| 5 |
What is the No-Claim Discount (NCD) Protector and how does it work? The NCD Protector is an optional benefit and is available only to holders of 30% NCD or higher at an additional premium. It protects your NCD entitlement in the event of a first claim in the policy year. How it works:
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| 6 |
Do I have to reinstate my windscreen cover after a claim? Will my NCD be affected? The windscreen benefit covers the cost of reinstating any glass in the windscreen and windows including the in-vehicle unit (IU) subject to an excess of $100 each claim. The Excess will be waived where repair to the windscreen is done instead of a replacement. Such claims do not affect your NCD entitlement and your windscreen cover will be automatically reinstated at no cost to you. |
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| 7 |
Can I go to a workshop of my choice for accident repairs? MotorMax Plus gives you the freedom to choose your own workshop including the dealer’s workshop in Singapore. With MotorMax, accident damage repairs would have to be done at any of MSIG’s Authorised Workshops conveniently located all around Singapore. |
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| 8 |
How does the Transport Allowance benefit works? The benefit will pay $60 per day if you are driving an electric vehicle and $50 per day for all other vehicle types for approved accident repairs up to a maximum of 10 days. If your electric vehicle sustains total loss following loss or damage by fire caused by the electric vehicle battery, the benefit will pay $60 up to a maximum of 30 days. Sample computation:
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| 9 |
I am using the vehicle for private hire purpose, is this usage covered? MotorMax and MotorMax Plus do not cover any form of Private Hire usage, whether Private Hire (Self-Drive) or Private Hire (Chauffeur). |
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This page is for general information only. Full details of the terms, conditions and exclusions of this insurance are provided in the policy and will be sent to you upon acceptance of your application by MSIG Insurance (Singapore) Pte Ltd.
This policy is protected under the Policy Owners’ 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 us here or visit GIA or SDIC.
