13th April 2004, 08:41 PM
Insurance for your equipment
Many people probably don't know this. But you can buy insurance for your equipment from NTUC.
If you know of a lobang with better rates. Do share it here.
13th April 2004, 09:00 PM
13th April 2004, 09:05 PM
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.
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