Gradual rise in motor insurance premiums


Motor tariff

PETALING JAYA: The latest adjustment to motor insurance premium rates, to come into effect on Feb 15, will not have a significant impact on insurers’ bottom lines, according to analysts.

Many view this as a gradual increase in premiums and not a big boost to earnings of motor insurers, as the move is part of the detariffing of motor insurance premiums which will be completed by 2016.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , Business , motor premiums

   

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