Funds Direct Insurance coverage has expanded its portfolio in Singapore with the introduction of its Industrial Car Insurance coverage product, tailor-made for companies and tradespeople.
This new providing goals to fulfill the particular wants of small enterprise house owners, contractors, and people managing fleets of sunshine items autos comparable to vans, lorries, and vans.
Since its institution in Singapore in 2016, Funds Direct Insurance coverage has been offering options together with automobile, motorbike and journey insurance coverage.
The corporate later broadened its providers to embody higher-risk automobile insurance coverage insurance policies.
Funds Direct Insurance coverage CEO Simon Birch mentioned: “We’re thrilled to increase our vary of merchandise with the introduction of Industrial Car Insurance coverage. Companies depend on their autos as crucial property, and our purpose is to offer them with reasonably priced, dependable safety whereas sustaining the excessive requirements our clients have come to count on.”
The product is designed to offer protection for third-party liabilities, accidents and theft, guaranteeing that companies can function with out disruption.
Entry probably the most complete Firm Profiles
available on the market, powered by GlobalData. Save hours of analysis. Acquire aggressive edge.
Firm Profile – free
pattern
Thanks!
Your obtain electronic mail will arrive shortly
We’re assured concerning the
distinctive
high quality of our Firm Profiles. Nonetheless, we wish you to take advantage of
useful
determination for your enterprise, so we provide a free pattern that you may obtain by
submitting the beneath kind
By GlobalData
Tradespeople together with plumbers and electricians who rely on their autos for work come underneath the coverage.
Clients can customise their insurance coverage protection in accordance with their operational wants, with the choice so as to add options comparable to 24-hour roadside help for breakdown help and the no declare low cost (NCD) protector, which permits policyholders to take care of their 20% NCD even after a declare.
The Any Workshop choice is one other function, permitting shoppers to decide on their most popular restore store.
Funds Direct Insurance coverage is regulated by the Financial Authority of Singapore, with its insurance policies underwritten by Auto & Basic Insurance coverage (Singapore).
