Commercial Vehicle Insurance: Driver Plan and Vehicle Usage
Learn all you need to know about our fuss-free Driver Plan and permitted usage, designed to offer flexible cover for your business vehicle.
Our Driver Plan and Vehicle Usage provide straightforward, no-fuss insurance with built-in flexibility to meet your business needs.
With affordable cover and practical features, this plan makes it easy to protect your drivers and vehicles.
Whether you need coverage for private or business use, you can count on these options to deliver reliable protection tailored to support your operations.
Let’s take a closer look at the benefits included in our Driver Plan and Vehicle Usage, designed to keep your business moving with confidence.
Named Driver Plan
We know business vehicles are often shared among colleagues and employees that’s why we offer you the flexibility to add multiple drivers, so long as they’re named on your policy.
Your policy covers the following drivers if your commercial vehicle is involved in an accident (unless we agree otherwise in writing):
- The Main Driver
- Up to 9 Named Drivers (if any)
This ensures that only the listed drivers are covered when using your business vehicle, providing a more tailored and cost-effective solution for your Commercial Vehicle Insurance.
IMPORTANT: The Policyholder must also be listed either as a Named Driver or the Main Driver in order to be covered under your policy.
Vehicle Usage – Private and Business Use
Your vehicle usage includes both private and business use. This covers using your commercial vehicle for personal, social, and recreational purposes, commuting between home and your regular workplace, as well as for the business needs of the policyholder.
This flexibility ensures your vehicle is protected while serving your business needs.
Permitted Uses
You can use your vehicle for the following:
- Social, domestic and pleasure/recreational purposes and for travelling between home and a regular place of work
- For business purposes of the Policyholder.
Restricted Uses
You cannot use your vehicle for the following:
- Carrying passengers or delivering goods, unless it is in connection with your business (which cannot be in relation to despatch or courier services; for example, lalamove, Foodpanda, Grab, Deliveroo and others)
- Ferrying of passengers outside of the enclosed passenger cabin and without a seatbelt
- Any purpose in connection with the Motor Trade
- Providing driving tuition or test use (whether paid or unpaid)
- Hiring or renting the vehicle out to others
- Use as a Private Hire Vehicle for ride-hailing services, such as Grab or Go-Jek
- Any other purposes not specifically agreed to by us in writing
Excluded Professions, Trades, and Services: Our policy does not cover certain professions or services, including:
- Driving instructors who require business use
- Professionals in the entertainment industry
- Professional athletes
- Members of armed forces, police and other law enforcement agencies whether of Singapore or other countries
- Foreign diplomats and their staff
Commercial Vehicle Insurance: Frequently Asked Questions
What is the Driver Plan for Commercial Vehicle Insurance?
Our Driver Plan allows you to cover multiple drivers under your policy. It includes one Main Driver (the person who uses the vehicle most frequently) and up to 9 Named Drivers who regularly use the vehicle (unless we agree otherwise in writing).
This makes it ideal for businesses where vehicles are shared among employees.
Who Is Commercial Vehicle Insurance For?
Our Commercial Vehicle Insurance is designed with business owners in mind, providing reliable coverage for a range of industries. Whether you’re running a small business or managing a fleet, we’ve got you covered:
- Small and Medium Enterprises (SMEs): Perfect for businesses using vans, pick-ups, and small lorries for day-to-day operations. Our plans help keep your business moving smoothly.
- Contractor Businesses: Ideal for companies that rely on vehicles to transport materials and equipment. Please note, we do not cover vehicles used solely for despatch or courier services or for transporting workers to and from dormitories or worksites.
- Tradespeople: From electricians to plumbers and other skilled professionals, our insurance ensures your work vehicles are protected so you can focus on getting the job done.
- Fleet Managers: We offer peace of mind for those responsible for a company’s vehicle fleet, with plans that ensure safety and coverage for every vehicle.
Can I use my commercial vehicle for both private and business purposes?
Yes, our Commercial Vehicle Insurance covers both private and business use. This covers social, domestic, and pleasure purposes, as well as travelling between home and a regular place of work. It also covers occupational use by the Main Driver or any Named Driver for the business purposes of the Policyholder, offering flexibility to meet your business needs.
Are there any restrictions on how I can use my commercial vehicle?
Yes, there are some restricted uses. For example, you cannot use your vehicle for carrying passengers or delivering goods unless it is in connection with your trade or business (which cannot be in relation to despatch or courier services; for example, Grab, lalamove, Foodpanda, Deliveroo and others); to transport passengers outside of the enclosed passenger cabin and without a seatbelt; any purpose in connection with the motor trade; providing driving tuition and test; or hiring out the vehicle. Using your vehicle as a Private Hire Vehicle for ride-hailing services (e.g., Grab or Go-Jek) is also not allowed, along with any other purposes not agreed upon by us in writing.
Can I add multiple drivers to my commercial vehicle insurance policy?
Yes, you can add multiple drivers to your policy. The plan covers one Main Driver and up to 9 Named Drivers(unless we agree otherwise in writing), providing the flexibility for shared business vehicle use. The Policyholder must be listed as either a Named Driver or the Main Driver to be covered.
What professions are not covered under this Commercial Vehicle Insurance?
Our policy excludes coverage for certain professions and services, including driving instructors requiring business use, professionals in the entertainment industry, professional athletes, members of armed forces, police and other law enforcement agencies (of Singapore or other countries), and foreign diplomats or their staff.