Ng: Help maintain insurance premiums

  • Nation
  • Sunday, 07 Dec 2003

KUALA LUMPUR: Malaysians have been reminded that they are also responsible if motor insurance premiums are increased. 

Deputy Finance Minister Datuk Dr Ng Yen Yen said: “They have to wake up to the fact that when one person does something wrong, society pays for it. So when the premiums go up, everyone pays for it,” she said. 

She urged the people to work with the Government to ensure that the premiums would not be increased. 

Dr Ng was commenting on Transport Minister Datuk Seri Chan Kong Choy's statement that vehicle owners who were frequently involved in accidents would have to pay higher premiums. 

Insurance companies, she said, could submit proposals on increasing the premiums to the ministry, adding: “They are free to propose but they have to justify it. We will not allow them to just increase the premiums.”  

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