AutoSurance is an all-in-one auto insurance plan that takes care of all your motoring needs. So you'll have a worry-free trip whenever you drive. It offers a choice of two comprehensive plans at affordable premiums:

Premier plan for added protection

Classic plan for basic coverage

Premier Plan provides comprehensive coverage with added protection for accidental damage and loss to your car, and third party liability. Under the plan, you have the option to have accident repairs done at HSBC Insurance's appointed workshops or at the distributor's workshops if your car remains under the manufacturer's original warranty.

Unique benefits for Premier Plan

• 100% compensation with New-for-Old car replacement
In the event of a total loss due to accident, we will pay you the sum incurred to purchase a brand new car (of the same make and model) if your car is less than 12 months old.

• Higher personal accident coverage of up to SGD50,000 for the Insured
In the event of death or permanent disability due to an accident whilst travelling in your car, this benefit pays up to SGD50,000 over and above your other personal accident or life insurance.

• Up to SGD1,500 for medical expenses
Medical reimbursement up to SGD1,500 per person for you and your passengers.

• Exclusive: A lump sum of SGD1,000 compensation benefit for expenses incurred due to car theft
An extra SGD1,000 as replacement expenses for loss of car due to theft.

• Up to SGD500 for loss of personal items in your car
Coverage of up to SGD500 per occurrence arising from theft or break-in.

• Excess waiver for accident repairs
Full waiver of up to SGD2,000 of your policy excess if you are entitled to 40% or 50% of No Claim Discount (NCD). 50% waiver of your policy ecess if your NCD is less than 40%.

• Use of courtesy car
Available at HSBC Insurance's appointed workshops*.

 

Coverage

• Unlimited windscreen coverage (SGD100 plus GST excess applies).
• Personal accident coverage for passengers and other drivers at SGD10,000 per person, and up to a total of SGD60,000.
• Coverage for your passengers against their potential negligence towards third parties.
• Coverage for malicious damages to your car due to strikes, riots and civil commotion.
• Coverage for damages to your car arising from convulsions of nature such as a typhoon, tsunami, earthquake, windstorm and flood.
• 24-hour accident assistance hotline.
• Six month warranty on all repairs at our appointed workshops.
• Free accident towing service with our 24-hour accident assistance hotline.
• Free car collection and delivery provided by our appointed workshops.
• Free car cleaning before collection at our appointed workshops.

 

Optional Coverage

Loss of use coverage for up to 10 days
In the event your car is laid up in the workshop for repairs arising from accidents, we will guarantee a replacement car (engine capacity 1500 - 1600cc) for up to 10 days when you take up loss of use coverage.

Loss of use coverage	Additional premium (incl. prevailing GST)
1500 - 1600cc	SGD53.50

 

No Claim Discount (NCD) Protection
If you are enjoying 50% NCD entitlement, you can protect your NCD entitlement by taking up NCD Protection for an added level of coverage for the next claim you make.

An illustration of how NCD Protection works for an Insured with a 50% NCD:

Number of claims made during period of insurance	NCD entitlement on renewal of policy
Zero	At 50%
One	Remains at 50% (Instead of 20% without NCD Protection)
Two	Reduces to 20% (Instead of 0% without NCD Protection)
Three or more	Nil

 

NCD Protection premium table
Types of coverage	Annual premium (incl. Prevailing GST)
Premier plan	SGD100

Classic Plan provides comprehensive coverage for accidental damage and loss to your car, and third party liability. Under the plan, claims related repairs must be carried out at HSBC Insurance's appointed workshop.

Unique benefits for Classic Plan

• Up to SGD20,000 personal accident coverage for the Insured
In the event of death or permanent disability due to an accident whilst travelling in your car, this benefit pays up to SGD20,000 over and above your other personal accident or life insurance.

• Up to SGD500 for medical expenses
Medical reimbursement up to SGD500 per person for you and your passengers.

 

Coverage

• Unlimited windscreen coverage (SGD100 plus GST excess applies).
• Personal accident coverage for passengers and other drivers at SGD10,000 per person, and up to a total of SGD60,000.
• Coverage for your passengers against their potential negligence towards third parties.
• Coverage for malicious damages to your car due to strikes, riots and civil commotion.
• Coverage for damages to your car arising from convulsions of nature such as a typhoon, tsunami, earthquake, windstorm and flood.
• 24-hour accident assistance hotline.
• Six month warranty on all repairs at our appointed workshops.
• Free accident towing service with our 24-hour accident assistance hotline.
• Free car collection and delivery provided by our appointed workshops.
• Free car cleaning before collection at our appointed workshops.

 

Optional Coverage

Loss of use coverage for up to 10 days
In the event your car is laid up in the workshop for repairs arising from accidents, we will guarantee a replacement car (engine capacity 1500 - 1600cc) for up to 10 days when you take up loss of use coverage.

Loss of use coverage	Additional premium (incl. prevailing GST)
1500 - 1600cc	SGD53.50

 

No Claim Discount (NCD) Protection
If you are enjoying 50% NCD entitlement, you can protect your NCD entitlement by taking up NCD Protection for an added level of coverage for the next claim you make.

An illustration of how NCD Protection works for an Insured with a 50% NCD:

Number of claims made during period of insurance	NCD entitlement on renewal of policy
Zero	At 50%
One	Remains at 50% (Instead of 20% without NCD Protection)
Two	Reduces to 20% (Instead of 0% without NCD Protection)
Three or more	Nil

 

NCD Protection premium table
Types of coverage	Annual premium (incl. Prevailing GST)
Classic plan	SGD80

 

AutoSurance benefits	Premier Plan	Classic Plan
100% Compensation with New-for-Old replacement+ In the event of total loss due to accident, we will pay the sum incurred to purchase a brand new car (of the same make and model) if your car is less than 12 months old
Replacement of expenses for car lost by theft Receive SGD1,000 compensation benefit for expenses incurred due to car theft
Windscreen cover Unlimited windscreen cover (SGD100 plus GST excess applies)
Personal accident benefits For policyholder	Up to SGD50,000	Up to SGD20,000
For passengers and other driver (other than Policyholder) at SGD10,000 per person, up to a total of SGD60,000
Medical reimbursement Per injured person	Up to SGD1,500	Up to SGD500
Loss of personal items# Up to SGD500
24-hour accident towing
Appointed workshop scheme i) All accident repairs must be carried out at HSBC Insurance's appointed workshops.
ii) Car under manufacturer's original warranty can be repaired at the distributor workshops.
Excess* Waiver of Excess (up to SGD2,000) for repairs at HSBC Insurance's appointed workshop: Full waiver - if your NCD is 40% or 50% NCD 50% waiver - if your NCD is 30% NCD & below
Use of courtesy car Available at HSBC Insurance's appointed workshop (not applicable for windscreen repairs and subject to availability)

 

Note:
⁺ Applicable to 4 and 5-door saloon vehicles.
^# Exclude money, jewellery, articles of gold and silver watches, handphone, and other monetary instruments.
* Excess terms and conditions apply. Refer to the policy document for list of exclusions.