Commercial Vehicle Insurance Optional Covers

After selecting the Commercial Vehicle Insurance cover that best suits your business, you can personalise your plan with a range of additional benefits tailored to your needs.

Unlike other insurers who may bundle covers you don’t require, we provide customisable add-ons so you only pay for what you actually need.

Worried about vehicle breakdowns?

For added peace of mind, you can enhance your plan with 24 Hour Roadside Assistance for just a small additional fee.

If your vehicle breaks down, suffers a flat tyre or battery, runs out of fuel, or if you lose your keys, our team is available 24/7 to get you back on the road.

Want to protect your hard-earned No Claim Discount (NCD)?

Safeguard your No Claim Discount with our NCD Protector add-on, available if your NCD is 20%.

At Budget Direct Insurance, we offer a variety of additional benefits designed to meet the diverse needs of every driver, giving you more flexibility and control over your coverage.

This is a summary, please see the Commercial Vehicle Insurance Product Disclosure Document for more details.

Personal Accident
If the insured driver is injured or fatally injured in an accident involving your vehicle then we will pay out up to S$5,000. The insured driver must be between 25 and 65 years old at the time of the accident to qualify for coverage.

Medical Expenses
If you or your passengers—who are seated within the enclosed passenger cabin and securely fastened by seat belts—require medical attention following an accident involving your vehicle, we will cover medical expenses up to S$500 per person, per accident.

No Claim Discount (NCD) Protector
You can make one claim per policy term without affecting your No Claim Discount. Applies to those who have an NCD of 20%.

24 Hours Roadside Assistance
If you don’t want to be stranded by a breakdown, flat tyre, flat battery, our 24 Hours Roadside Assistance will be there for you.

Transport Allowance
If your vehicle is stolen or damaged due to fire, our transport allowance benefit will pay out S$50 per day for up to 10 days per accident (the relevant maximum limits per policy term apply).

Any Workshop
Opt to have your vehicle repaired at a workshop of your choice.

Modifications and Accessories
We’ll repair or replace damaged or stolen vehicle parts that are LTA compliant, declared to and accepted by us.

Windscreen Add-on
We will cover you for up to two claims on your windscreen or windows per policy period.

Cut costs without cutting back on your insurance! Here are ways you can enjoy big savings.

Go Paperless
Your premium will be S$20 (before prevailing GST) cheaper if you opt to go paperless. All your documents will be sent via email.

Policy Excess
Excess is the amount that you have to pay towards your claim. At Budget Direct Insurance, the policy excess for our Commercial Vehicle Insurance is S$800 (before prevailing GST).

You have the flexibility to increase your excess up to S$3,000 (before prevailing GST) - which means you pay less premium.

Authorised Workshop
Save on your premium and have your vehicle repaired at one of our conveniently located Authorised Workshops. All repairs are guaranteed for 12 months. This is the best value option for all vehicle repairs.

To find out exactly what’s covered and what your options are, check out the Commercial Vehicle Insurance Product Disclosure Document.