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Changes to motor insurance claims policy to be postponed till June
By Wong Siew Ying, Channel NewsAsia | Posted: 28 April 2008 1814 hrs

 
 
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SINGAPORE: The General Insurance Association (GIA) has decided to postpone the implementation of changes to the motor claims insurance framework by one month to June.

Under the new system, motorists will have to report accidents to their insurance companies within 24 hours.

They will then enjoy a new one-stop service, where the insurers will handle all the necessary paperwork, inspection and repairs, even for third party claims.

But according to the GIA, the implementation date will be deferred till June. No other details were given, except that a news briefing will be held on 27 May.

Channel NewsAsia understands that the association held a briefing for insurance companies last Friday. - CNA/vm




 

 



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