AXA Insurance or Allianz Insurance?

[contrarian]

I cancelled one of my insurance policy with AXA on 26th Nov 2007. till now haven got back my rebate which should be around $150.

 

Give them a call to see if yours is being processed or not.

My policy was cancelled 21 Dec 2007, I got my refund in Feb 2008.

[mfibre]

Give them a call to see if yours is being processed or not.

My policy was cancelled 21 Dec 2007, I got my refund in Feb 2008.

 

How is the refund like? is it proportional to the number of months to how much you pay during the insurance purchase?

[leong77]

Dear all,

 

I have tried all four companies. Basically, I still prefer Mitsui. I used to renew with their Beach road branch. They do have the best service compared with others.

 

AXA take more than 6 months to give me policy and very bad service.

 

Allianz has the worst of the worst service. Moreover, they have so many restrictions in their policy not to our favour.

 

NTUC is pretty ok but my friends have bad experiences with some claim issue. Service pretty ok.

 

So, cheap does not mean good service. I still continue with Mitsui even though i pay more. At least they give me better service and advices.

[mfibre]

Dear all,

 

I have tried all four companies. Basically, I still prefer Mitsui. I used to renew with their Beach road branch. They do have the best service compared with others.

 

AXA take more than 6 months to give me policy and very bad service.

 

Allianz has the worst of the worst service. Moreover, they have so many restrictions in their policy not to our favour.

 

NTUC is pretty ok but my friends have bad experiences with some claim issue. Service pretty ok.

 

So, cheap does not mean good service. I still continue with Mitsui even though i pay more. At least they give me better service and advices.

 

wah!

Allianz very bad service? i expect bad, but not very bad. Could you share some experience? what kind of policy not to our favour?

[contrarian]

How is the refund like? is it proportional to the number of months to how much you pay during the insurance purchase?

 

No insurer gives a proportional cash refund if you give them notice to cancel early.

Read the policy to find your answer on what each insurer promises.

[paiseh]

Give them a call to see if yours is being processed or not.

My policy was cancelled 21 Dec 2007, I got my refund in Feb 2008.

 

I was told that it was processed after a week it was cancelled. I have called them 4 times since and the last call made was on monday this week.

[sICkbOi-dOt-cOm]

Allianz Is A NO NO ... Bad Experience From Them...

[paiseh]

Situation:

 

My insurance with AXA cost me $220 with 20% NCD. I cancelled my insurance with the bikeshop after 4 months of usage on the 26th Nov 2007. Just only 9th April 2008 i received my refunded amount of $59 after more than 10 calls made to the bikeshop and AXA.

 

can anyone wanna check the math for me? Should I just receive $59 or more should be refunded? I suspect the insurance was not cancelled on 26th nov 2007 and was dragged a further few months which resulted in lower refunded amount and also late refund payment.

 

$220 / 12months = $18.33 / month

i used for 4 months = $17.33

Left over amount for insurance = $220 - $73.33 = $146.66

Assuming 75% refund amount = 0.75 * $146.66 = $110

So i should get back $110?

 

 

 

P/S: I am just glad that they refunded me. i am also not free to dig out the truth and everything to get back the extra $50 or so should there be any, not worth my time

[paiseh]

My experience with NTUC was the best. Fast, efficient and great service at rochor road branch.

 

But its more expensive. for road bikes, more expensive by $100+ according to my experience. for scooters and sportsbikes, they are cheaper (some insurance companies dun cover sportsbikes anyway).

[bladeboy]

yap NTUC Fast, efficient call 2 cancelled oso can

[YEN96]

AXA cheap but very slow la...my insurance early December start until now haven mail me original cert

[contrarian]

Situation:

 

My insurance with AXA cost me $220 with 20% NCD. I cancelled my insurance with the bikeshop after 4 months of usage on the 26th Nov 2007. Just only 9th April 2008 i received my refunded amount of $59 after more than 10 calls made to the bikeshop and AXA.

 

can anyone wanna check the math for me? Should I just receive $59 or more should be refunded? I suspect the insurance was not cancelled on 26th nov 2007 and was dragged a further few months which resulted in lower refunded amount and also late refund payment.

 

$220 / 12months = $18.33 / month

i used for 4 months = $17.33

Left over amount for insurance = $220 - $73.33 = $146.66

Assuming 75% refund amount = 0.75 * $146.66 = $110

So i should get back $110?

 

AXA's refund is based on a short-rate table, which they can show you if you visit the Upper Thomson Road office.

 

It doesn't work like a proportional calculation. Instead, it's a table that shows if you cancel with 11, 10, 9... months remaining, what's the multiple for the refund.

[StecIII]

AXA's refund is based on a short-rate table, which they can show you if you visit the Upper Thomson Road office.

 

It doesn't work like a proportional calculation. Instead, it's a table that shows if you cancel with 11, 10, 9... months remaining, what's the multiple for the refund.

 

Hi, do you haf the exact address? I wish to buy insurance from them

[contrarian]

Anda Insurance, underwriting agents for AXA Insurance

 

Address: 215-S Upper Thomson Road Singapore 574349

Telephone : 6554 2288

[paiseh]

AXA's refund is based on a short-rate table, which they can show you if you visit the Upper Thomson Road office.

 

It doesn't work like a proportional calculation. Instead, it's a table that shows if you cancel with 11, 10, 9... months remaining, what's the multiple for the refund.

 

Ic thanks for the explanation. But still, i suspect something is still wrong with my refunded amt. probably will go down haf a look if im free or when im getting my next bike

[nando]

AXA sux la..

same goes fer others..

NTUC better.

[alexloyx]

My policy with allianz waited for 1/2 a year still no news!! i think my money went down the drain already.... lol

[alexloyx]

wat i mean is the refund part when i cancel the insurance

[assault_ex]

Do Not Take Up Allience... I Have Been Waiting 5mth For My Refund... Still Waiting..

[xwei54]

what is the number and address for allianz?

[-sOnG-]

those who keep reporting of bad allianz experiences , care to share them ? Anyway my insurance was from allianz ..

 

Allianz Address: 3 Temasek Avenue #09-01 S' 039190

Phone 62972529

[YyuAnN]

i guess get NTUC best la. lol

[Giles-Damien]

i think allianz is quite new for bike insurance... coz i ask alot of my fren n they say neva heard of that... so think think it jus part of their marketing to attract more customers... i also jus renew my insurance with allianz perviously from AXA... it's like 50+ buck different...

[LoudnessFz]

does allianz take up riders age below 20?im 19

[Giles-Damien]

does allianz take up riders age below 20?im 19

 

i think they will... try calling them... 62816520... they are at 6 defu lane 4...