Finances Direct Insurance coverage has expanded its portfolio in Singapore with the introduction of its Business Car Insurance coverage product, tailor-made for companies and tradespeople.
This new providing goals to fulfill the precise wants of small enterprise homeowners, contractors, and people managing fleets of sunshine items automobiles comparable to vans, lorries, and vehicles.
Since its institution in Singapore in 2016, Finances Direct Insurance coverage has been offering options together with automotive, bike and journey insurance coverage.
The corporate later broadened its companies to embody higher-risk automotive insurance coverage insurance policies.
Finances Direct Insurance coverage CEO Simon Birch stated: “We’re thrilled to broaden our vary of merchandise with the introduction of Business Car Insurance coverage. Companies depend on their automobiles as important property, and our objective is to offer them with inexpensive, dependable safety whereas sustaining the excessive requirements our clients have come to anticipate.”
The product is designed to offer protection for third-party liabilities, accidents and theft, guaranteeing that companies can function with out disruption.
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Tradespeople together with plumbers and electricians who rely on their automobiles for work come beneath the coverage.
Clients can customise their insurance coverage protection in response to their operational wants, with the choice so as to add options comparable to 24-hour roadside help for breakdown assist and the no declare low cost (NCD) protector, which permits policyholders to keep up their 20% NCD even after a declare.
The Any Workshop possibility is one other function, permitting shoppers to decide on their most popular restore store.
Finances Direct Insurance coverage is regulated by the Financial Authority of Singapore, with its insurance policies underwritten by Auto & Common Insurance coverage (Singapore).
