This is quite similar to the Act Liability Only Insurance, just that third-party insurance also covers against damage to property as well as accidents occurring on roads and private properties.

As the name suggests, this type of auto insurance doesn’t cover damage to the insured’s vehicle.

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In other words, this type of motor car insurance doesn’t cover damages to property or vehicle. It also doesn’t cover accidents that occur within private compounds.

Vehicle owners (almost) never take up The Act Liability Only Insurance as a stand-alone policy. Instead, this is embedded into other types of policies, like the Third-Party, Third-Party Fire & Theft or Comprehensive Cover insurance.

In Singapore, automobile owners almost always sign up for Comprehensive Cover Insurance.

Click Here to go back to Motor Insurance Singapore Home

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Friends Who Read the Above Article Also Read:

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3. Should You Buy NTUC Car Insurance or Chartis Car Insurance?
4. Liberty Insurance – Summary of Main Benefits (Authorized Workshops)
5. AXA Insurance – Summary of Main Benefits (Authorized Workshops)