The many banks in Singapore offer a huge range of financial services to suit their customers’ requirements. One such service is car insurance, which is often utilized by drivers as it provides them with the peace of mind that the bank will cover an accident or damage done to their vehicle as long as they have driven safely and paid the monthly premiums.
The following list of top 10 banks in Singapore offer car insurance so you can get the most suitable coverage for your needs.
Top ten banks in Singapore offering Car insurance services
- OCBC Bank
OCBC is a premier bank based in Singapore with nearly 40 branches and more than 50 automated teller machines (ATMs) spread across the island.For more information about OCBC branches click here https://www.ocbc.com/personal-banking/insurance/autowise-car-insurance.page. It offers retail, commercial, and investment banking services as well as insurance and wealth management for personal and commercial customers.
- DBS Bank
DBS offers a full suite of financial services to retail, commercial and corporate customers either directly or through its subsidiaries, markets products under the brands of DBS, POSB, DBS Vickers, DBS Treasures, and Citibank. It also provides insurance, wealth management, and other financial services products through the DBS Financial Services (Hong Kong) Limited.
HSBC is one of the leading international banking groups in Asia, offering a diverse range of financial products and services around the world, including the Asia Pacific, Europe, and America. HSBC Singapore has more than 20 branches, an ATM network of more than 1,300 machines, and a comprehensive suite of online banking services.
Maybank is one of the leading financial institutions in South East Asia, with total assets exceeding US$100 billion as of 30 June 2014. It has over 70 branches in Singapore, including its wholly-owned subsidiary MM2H Pte Ltd that provides services to expatriates and Malaysians living in Singapore.
Citibank is one of the leading global financial services organizations providing extensive banking, investment, credit cards, insurance, and wealth management services to approximately 39 million customers in more than 100 countries. It has approximately 200 branches in Singapore and is the third-largest foreign bank in Singapore.
- Standard Chartered Bank
Standard Chartered is a leading international bank across Asia, Africa, and the Middle East with over 1,700 branches globally. It has more than 60 branches in Singapore, including its subsidiary panel of companies – Hock Lian Seng (HLS) Insurance Brokers Pte Ltd, PSG Group Pte Ltd, and Kuala Lumpur Kepong Berhad (KLK) Pte Ltd.
UOB is one of the largest financial institutions in Asia, with more than 500 branches globally. It provides a comprehensive suite of products covering retail, commercial and corporate banking services to over 9 million customers.
A car is an expensive investment. It’s important to protect it with the right type of insurance so that if anything does happen, you are covered and can drive off into the sunset free from worry. Luckily for Singaporeans, there are many different options when it comes to choosing a company that will best serve your needs in terms of coverage and price point. For a free quote about insurance payments click here https://www.ocbc.com/personal-banking/insurance/autowise-car-insurance.page. Whether you prefer paying monthly or annually, getting quotes online without leaving home, saving money by bundling other types of insurance like life or homeowners together with car insurance – whatever your preference maybe – OCBC you covered!