Have you been financially impacted by COVID-19?

We’re here to help during this uncertain and challenging time.

Last Updated: 30 April 2020.

We offer 12-month instalment plans:

If you have been financially impacted by COVID-19 and would like to maintain your insurance protection throughout this time, we offer 12-month instalment plans.

Instalment plans are available for:

  • Customers whose car, motorcycle or annual travel insurance premiums are $200 or more per policy; and

  • Customers who pay online or over the phone using a DBS or POSB Mastercard or Visa credit card.

At Budget Direct Insurance, we believe in making sure you know exactly what you’re paying for. The decision to pay upfront or in instalments is based entirely on whether it suits you and your financial situation.

If you do not own any of the above credit cards or require further assistance, please call our Customer Care team for a discussion on how we can help.

Call our Customer Care team at 6221 2111. Mondays to Fridays, 8am to 8pm and Saturdays, 9am to 3pm (excluding public holidays). Or email [email protected] anytime.

What's more, you can save on your premiums with these tips:

For Car, Motorcycle and Annual Travel Insurance Plans

  • Buy only the cover you need. Customise your insurance plans by choosing the options that you require. For instance, if you intend to buy Comprehensive Cover for your car or motorcycle insurance and are not planning on driving/riding out of Singapore for the duration of the policy term, you can opt for the Singapore Only Optional Cover which gives you a discount on your premium. In the near future, as most of us won't be driving out of Singapore due to the COVID-19 virus situation, we offer this unique money-saving solution to opt-out from covers that most other insurers bundle with a plan.

  • Go Paperless! Opt for policy documents to be sent electronically to your email instead of receiving a hardcopy print version in your mailbox. Save the earth and save on your premium at the same time. You can also retrieve your documents via should you need access to them at any time. Plus you can now log in to your Policy Manager account with the SingPass Mobile app, which means less passwords for you to remember! Savings with the paperless option vary by policy type.

  • Use a Buddy ID. If you’re a new customer, use a friend’s Buddy ID when you get a quote from us, and save 5% on your premium. Your friend receives $20 in shopping vouchers if you buy a car, motorcycle or annual travel policy. It’s a win-win! Existing customers save up to 10% off a new policy type plan (for instance, on a new car insurance policy for their second car) when they use their own Buddy ID upon checkout. Details found here.

  • Watch out for offers! Follow our Facebook page and our other social media accounts, look out for promotional emails (if you're on our mailing list) or check out our promotions page, which we update regularly.

For Car Insurance Plans

  • Choose to repair your cars at one of our Authorised Workshops. Instead of paying additional premium to repair your car at your preferred workshop, use one from our panel and save more! Simply ensure that you don't select the ‘Any Workshop’ option while getting a quote!

  • Opt for our Named Driver Plan. If you are the Main Driver and aren’t planning on letting anyone else drive your car, you can save on your premium by taking up the Named Driver plan, instead of the Authorised Driver plan. But remember – both plans require you to name everyone in your household who has a driving license in your policy for them to be covered if they drive your car. Learn more about our driver plans.

  • Get an Off-Peak Car discount. Enjoy 15% off your premium if you drive an Off-Peak Car!

For Car and Motorcycle Insurance Plans

  • Adjust your Personal Accident cover. If you already have your own Personal Accident plan which covers you for personal injuries due to motor accidents, you can reduce your coverage to save on your premium. Savings depend on the amount of Personal Accident cover you select.

  • Increase your excess. Excess is the amount that you have to pay towards your claim. Our standard policy excess for cars is $600 and motorcycles is $300. You can choose to increase your excess in return for a lower premium.

  • The best saving you can make is when you drive safely! You’ll be rewarded for being a low-risk driver in the long-run as you get to increase your No Claim Discount (NCD) over time to a maximum of 50% for car insurance and 20% for motorcycle insurance, and retain it!

Keep in mind that choosing a bare minimum plan such as a Third Party Only cover for car and motorcycle insurance may be costlier overall if you run into issues, as you may need to fork out additional money to repair your own vehicle. Insurance isn't a one-size-fits-all proposition, and quotes are based on individual risk and needs.

If you need any assistance on your car, motorcycle or travel insurance, remember that we're here for you.

You can get a quote, purchase or  online 24/7 on our website, or reach our Customer Care team via phone or email. Call us at 6221 2111. Mondays to Fridays, 8am to 8pm and Saturdays, 9am to 3pm (excluding public holidays). Or email [email protected] anytime.