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Old 13th April 2004   #1
bernards
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Join Date: Feb 2004
Posts: 884
Default Insurance for your equipment

Many people probably don't know this. But you can buy insurance for your equipment from NTUC.

http://www.income.com.sg/insurance/mobilequip/

If you know of a lobang with better rates. Do share it here.
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Old 13th April 2004   #2
KNIGHT ONG
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Location: Snow Mountain
Posts: 5,729
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Sound interesting but dun know how much wud it cost ??

Any1 purchased b4 ??
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Old 13th April 2004   #3
bernards
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Default

Never tried it myself. I forgot all about it, but found it just now when I was cleaning my bookmarks.

They even insure equipment used for underwater use, add 1% more.

Extarcted from the site:

1-year 3.0% of sum insured
2-year 4.5% of sum insured
3-year 6.0% of sum insured

Sum insured is the purchase price of your equipment.

Documentary proof of purchase is required and your equipment must not be more than 6 months old.

Example :
To insure a video camera bought at $3,000, the premium for a 1-year Mobile Equipment Insurance plan is
= 3.0% x $3,000
= $90
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