Well im actually from Prudential and I specialised in life insurance, but i can help you with motor insurance from other companies as prudential does not have general insurance. Sometimes it's not abt how low the premium is but whether ur claims can work (if you knw what i mean). just my 3 cents worth

 

Ahhh... interesting thread (coz I doing insurance... heh heh... )...

Anyway, some background, I have been with AIA for 8+ years and am a tied agent with AIG. However, at the same time I currently work with a insurance broker to provide motor insurance quotations from about 8-9 other insurance companies to provide a wide range of choices for my clients... While I do not focus on motor insurance as my main line of income, I do transact about 6-8 motor insurance deals per month...

More interestingly, I've recently brokered a deal with one of the main insurers in Singapore to provide a special discounted package for Rav-4 cars in Singapore. i.e., Rav4 owners who get their motor insurance through us will get a cheaper rate than when quoting through other brokers from the same company...

The insurer in this scheme is already currently one of the main insurer for Rav4 cars in Singapore and I would say for about 80% of the time, they provide the cheapest rate and with this new scheme, the insurance premiums for Rav4 cars under this scheme would be truly rock-bottom! (Not those who charge high den say give discount blah blah blah...). BTW, this Rav4 scheme should kick-start in about 2-3 weeks time when we finalise all details...

I can try to broker another deal for the RX8 owners in Singapore but the insurers would expect a certain take-up rate, i.e. we have to hit a certain number of cars... at the same time, NTUC is currently already have very good premium rates for RX8 cars and would be hard to fight... but I do not mind trying to see if we could get a deal out of this if Singapore members in this forum would support this scheme if I ever get it hammered out...

Maybe a show of support would be good... anyone for it?

Thanks!

 

yup lets see what deal we can get

 

yes I would be keen too. BTW, anyone knows what's the current market rate for the RX8 by NTUC for 30 year old @ 20% NCD?