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Refund on insurance

aH_gUAn

By aH_gUAn
in Biking in Singapore

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aH_gUAn Newbie

aH_gUAn

Posted
Posted

I will be selling my bike in 2 weeks time.

 

How can i get the refund for my insurance as it is valid till Oct 08.

 

Hw much refund can i actually get back??

Honda NSR150 SP : Feb 04 - Feb 05

Honda CB400 Spec II : Jun 05 - Jan 08

Nissan Latio : Feb 08 - ???

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Refugee Newbie

Refugee

Posted
Posted

usually,

 

(number of days left / 365) * Premium Paid * 85%.

'Il rettilineo è una tortura'

 

http://i274.photobucket.com/albums/jj279/refugeeforum/transport0055cy6.gif ...... http://i274.photobucket.com/albums/jj279/refugeeforum/transport011.gif

Reese Newbie

Reese

Posted
Posted

there is an additional $10+ administrative fee for NTUC insurance...

http://i11.photobucket.com/albums/a169/changmao/ninedragoncafe.jpg

 

http://www.singaporebikes.com/forums/attachment.php?attachmentid=48008&d=1198993193

Ev0xiaoboy Newbie

Ev0xiaoboy

Posted
Posted

eg.. if i exceed 20kmh of the speed limit then suay suay tio caught by TP, can check via the tp website when i commit the offence? Is it updated immediately? checking via the vehicle plate.

http://tickers.TickerFactory.com/ezt/d/4;10747;127/st/20080103/e/Class+3+tp%21%21%21/dt/13/k/1b81/event.png

 

2b failures...

 

Fell once on a bike,

 

Dropped bike twice, in 1.01 and SP.

xiaobanz Newbie

xiaobanz

Posted
Posted

Haha don't worry, i got caught less then 20km/h now already 2 weeks and i'm still waiting.

~ Future Ride ~

CBR600rr :thumb:

 

~ Current Drive ~

Kia Cerato Forte SX 1.6 SJU

 

~ Previous Rides ~

1. Spark 135 FBA | 2. NSR 150 SP FS | 3. Yamaha x1 FY | 4. Honda s4 verS FP

aH_gUAn Newbie

aH_gUAn

Posted
  • Author
Posted

Wow... they earn 15% of the insurance and still need to get admin charges from us...

 

They are really blood sucker...

Honda NSR150 SP : Feb 04 - Feb 05

Honda CB400 Spec II : Jun 05 - Jan 08

Nissan Latio : Feb 08 - ???

binkaz Newbie

binkaz

Posted
Posted

takes damn long to refund too! refering to allianz..gg to 2 months alr!

[CENTER][IMG]http://i159.photobucket.com/albums/t148/binkaz11/1_980549729l.jpg[/IMG] [I][B][FONT="Verdana"][SIZE="3"][COLOR="DarkRed"]Wooo HoOOoOooooo~[/COLOR][/SIZE][/FONT][/B][/I][/CENTER]
0re0 Newbie

0re0

Posted
Posted

that's called short period rates. Insurance companies still have to earn something... I don't think NTUC will charge extra $10 after taking 15% admin fee.

 

The last time I cancelled my policy mid way, I didn't have to pay additional $10.

 

If you're going to take up a insurance on your new bike (with the same insurance company) chances are, you don't even have to pay an admin fee.

 

Just take a quick look at your policy contract wordings. They will state very clearly how much you can get back in the event of early cancellation of policy.

http://i17.photobucket.com/albums/b76/corinneie/attitude1.jpg

 

What the world really needs is more love and alot less paperwork

Reese Newbie

Reese

Posted
Posted

i renewed my insurance b4 selling my bike & it was not due yet when the bike was eventually sold

therefore by right i'm supposed to get a 100% refund but they claimed there's a $10+ administrative fee... blah blah blah... wadever...

the good point is that i got the cheque in less than 2 weeks time

http://i11.photobucket.com/albums/a169/changmao/ninedragoncafe.jpg

 

http://www.singaporebikes.com/forums/attachment.php?attachmentid=48008&d=1198993193

buttbutt8 Newbie

buttbutt8

Posted
Posted

my NTUC insurance refund from july 07 till now haven get. My bike shop always say will check for me but till now also no news.

May 2005 - July 2007: Honda Phantom TA200 (FU 3*** S)

July 2007 - Dec 2016: Honda CB400 Spec III (FBB 7***X)

Dec 2016 - Aug 2017: Yamaha FZ1N (FBD 4***E)

Aug 2017 - Present: Kawasaki Z1000SX (FBF 6***B)

 

Boono :cool:

aRcHeR Newbie

aRcHeR

Posted
Posted
takes damn long to refund too! refering to allianz..gg to 2 months alr!

 

2mths only.. it's nothing...

 

i sold my bike before natl day, i only got back the amount before xmas.. :faint:

http://www.helpryans.com/images/banner1.gif
Stock is good...Choose your weapon wisely and enjoy it...you can have all the $$$$ to mod and in the end you can't make full use of it....
0re0 Newbie

0re0

Posted
Posted
i renewed my insurance b4 selling my bike & it was not due yet when the bike was eventually sold

therefore by right i'm supposed to get a 100% refund but they claimed there's a $10+ administrative fee... blah blah blah... wadever...

the good point is that i got the cheque in less than 2 weeks time

 

oh...than that... i really won't know. cos i always cancel my policy midway.

http://i17.photobucket.com/albums/b76/corinneie/attitude1.jpg

 

What the world really needs is more love and alot less paperwork

aH_gUAn Newbie

aH_gUAn

Posted
  • Author
Posted

What are the document to bring along for refund?

 

The bike is under my brother name so i will be doing on behalf

 

I will update the time for my refund when i get it after terminating it

 

Hope it is not a few mths then

Honda NSR150 SP : Feb 04 - Feb 05

Honda CB400 Spec II : Jun 05 - Jan 08

Nissan Latio : Feb 08 - ???

0re0 Newbie

0re0

Posted
Posted

No need any documents. Just give policy number and Name, NRIC and bike number. To be safe, maybe just bring down your bro's NRIC, they are able to check. If they need the original cert of insurance, just tell them that you've lost it.

http://i17.photobucket.com/albums/b76/corinneie/attitude1.jpg

 

What the world really needs is more love and alot less paperwork

Reese Newbie

Reese

Posted
Posted

i was asked to bring the original copy of the insurance

http://i11.photobucket.com/albums/a169/changmao/ninedragoncafe.jpg

 

http://www.singaporebikes.com/forums/attachment.php?attachmentid=48008&d=1198993193

aRcHeR Newbie

aRcHeR

Posted
Posted
No need any documents. Just give policy number and Name, NRIC and bike number. To be safe, maybe just bring down your bro's NRIC, they are able to check. If they need the original cert of insurance, just tell them that you've lost it.

 

very lazy bum. what's so hard about sending back the insurance cert?

http://www.helpryans.com/images/banner1.gif
Stock is good...Choose your weapon wisely and enjoy it...you can have all the $$$$ to mod and in the end you can't make full use of it....
0re0 Newbie

0re0

Posted
Posted
very lazy bum. what's so hard about sending back the insurance cert?

 

Didn't you give the bike shop your insurance cert? oh.... ... that was the other thread.... :cheeky:

 

yeah yeah. bring it... thought you didn't have your insurance cert with you

http://i17.photobucket.com/albums/b76/corinneie/attitude1.jpg

 

What the world really needs is more love and alot less paperwork

PaLmEr Newbie

PaLmEr

Posted
Posted

I have an existing claim which i am making against another person who is insured with Allianz.

 

I have found out that the other party has neglected to report the accident happening to Allianz. Both parties has signed the official GIA accident form and the form was submitted when making the accident claim. However, Allianz has REJECTED the claim to my legal company, reason being that the other party had not reported the accident to them. Any course of action that I can take?

http://img.photobucket.com/albums/v189/Loontoot/Funny%20Pics/adminuser4mw.gif

 

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aH_gUAn Newbie

aH_gUAn

Posted
  • Author
Posted

Latest update:

 

Went to NTUC to tell them to cancel my insurance wie

 

Was given cash refund on the spot.

Honda NSR150 SP : Feb 04 - Feb 05

Honda CB400 Spec II : Jun 05 - Jan 08

Nissan Latio : Feb 08 - ???

Lighters Newbie

Lighters

Posted
Posted

hey guys??? haf u ever thought....

 

we civilian road uses will not get booked if we exceed the speed limit between 1-19km/hr. However to sm brothers out there, they might sway sway kena booked for tt range...

 

But why the word sway sway??? Shldnt it b a firm thing??? if most dun book at the range then why wld sm still kena???

 

And i m also v sure tt TP(without siren n rotating light) also do travel the speed between tt range... so....

 

it really puzzle me?????:giddy:

 

Can anybody enlighten me???

Burn your rubber not your soul! =)

0re0 Newbie

0re0

Posted
Posted

i don't think it will be his insurance company that will be going after allianz liao... cos in the first place if his insurance company didn't pay for anything, it has got nothing to do with his ins. co. already... it will be his lawyer going after the TP loh...

 

unless his insurance company paid for his damages to his bike or paid for his personal injury, than they'll go claim back from allianz if they deem fit.

http://i17.photobucket.com/albums/b76/corinneie/attitude1.jpg

 

What the world really needs is more love and alot less paperwork

0re0 Newbie

0re0

Posted
Posted

yeah. they have a clause stating that you have to report all potential (or not) claims. In the event you do not report it, they have the right to refuse a claim if the TP comes after you

http://i17.photobucket.com/albums/b76/corinneie/attitude1.jpg

 

What the world really needs is more love and alot less paperwork

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