Types of MSIG Car Insurance Coverage
MSIG Insurance offers 2 types of car insurance – MotorMax and MotorMax Plus. We’ll look at what each product covers, their key differences and which product to choose for your car.
Third-Party Only Motor Insurance
This type of motor insurance provides coverage only for (1) death or bodily injuries to third parties &/or passengers, and (2) damage to 3rd party’s property. 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 [...]
Act Liability Only Insurance
This is a compulsory insurance for all vehicle owners. Under this motor insurance policy, the insurer covers only death and bodily injury to third parties, including the passengers. 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 [...]