20 Jun Etiqa Insurance releases usage-based car policy
Insurance Business – 20 June 2017
Etiqa Insurance, the insurance arm of Maybank Group, has announced the launch of a new usage-based car insurance policy.
The new UBI policy, called ePROTECT sMiles, will see policyholders in Singapore given 50% premium savings upfront, potentially saving customers close to $500.
The policy rewards infrequent drivers with savings passed on to those who drive less but still providing comprehensive cover.