BCP General Insurance Products

Question 1

What does a motor insurance policy in Singapore typically cover?

Accepted Answer

Third-party liability, own damage, and personal accident depending on the plan type

Answer

Only damage to your own vehicle

Answer

Only medical expenses of the driver

Answer

Only theft of the vehicle

Question 2

In Singapore, what is the minimum motor insurance coverage required by law?

Accepted Answer

Third-party only coverage

Answer

Comprehensive coverage

Answer

Third-party, fire, and theft coverage

Answer

No minimum is required

Question 3

What is a 'No Claim Discount' (NCD) in Singapore motor insurance?

Accepted Answer

A discount given for each claim-free year, up to a maximum percentage

Answer

A discount for paying premiums annually

Answer

A discount for insuring multiple vehicles

Answer

A discount for drivers over 50 years old

Question 4

What type of insurance covers a homeowner against fire and damage to the building structure in Singapore?

Accepted Answer

Fire insurance (building insurance)

Answer

Home contents insurance

Answer

Personal accident insurance

Answer

Travel insurance

Question 5

What does 'home contents' insurance cover in Singapore?

Accepted Answer

Personal belongings and furnishings inside the home against specified perils

Answer

Only the building structure

Answer

Only electronic appliances

Answer

Only jewellery and valuables

Question 6

What is 'travel insurance' primarily designed to cover for Singapore travellers?

Accepted Answer

Trip cancellation, medical expenses overseas, lost baggage, and travel-related emergencies

Answer

Only flight delays

Answer

Only accommodation costs

Answer

Only travel agency fees