Great Eastern's comprehensive car insurance plans are pricey and have one of the most basic benefit packages on the market. It is unlikely the average driver will find much value in their policies.
Summary of Great Eastern Car Insurance
|Great Eastern Comprehensive|
|Below average benefits and above average price|
|Can upgrade to Any Workshop plan for around S$500 more|
|Unable to purchase a policy online if under 26 or older than 69|
|Pricey TPO and TPFT plans|
Great Eastern Comprehensive Highlights
Great Eastern's expensive comprehensive plans offer little value to the average consumer, which makes it difficult to recommend to the majority of drivers. There are two comprehensive plan options: Authorised Workshop Plan where you are limited to repairs at Great Eastern's preferred workshops and Any Workshop Plan where you have access to your preferred and car dealer's workshop. The Authorised Workshop plan costs around 20% above average and the Any Workshop plan costs over 50% above the industry average. It provides basic medical coverage, towing, windscreen and personal accident coverage in addition to the legally required third party and fire/theft loss coverage. Your car will be covered for damages from floods, typhoons, natural disasters and civil disturbance (strikes, riots).
Great Eastern's greatest setback is its price. Even though companies like AXA and NTUC may end up being more expensive for certain driver profiles (i.e. women), it is still one of the most expensive policies on the market, especially if you choose its Any Workshop plan. Additionally it has tight YIDR restrictions making it unsuitable for younger drivers. While most plans define "inexperienced driver" as people with driving experience of 2 years or less, Great Eastern defines it at people with 3 years or less of driving experience. It further restricts young drivers by not allowing you to purchase their policies online if you are under 26 or are naming an additional driver who is under 26. Lastly, there is no personal accident coverage for passengers, so these policies may not work for families or drivers who have passengers in the car often. If you are looking for a great value plan, you can consider insurers like FWD or if you are looking for a plan that values affordability over coverage you can consider Budget Direct.
Great Eastern TPO/TPFT Plans
Great Eastern offers the basic TPO and TPFT coverage such as third party liability and fire/theft loss coverage. It has one of the most expensive TPO plans on the market—almost 60% above average. Its TPFT plan is also pricey as it costs 30% above its peer average.
Customisations & Other Options
Great Eastern doesn't offer much customisation and options besides an optional NCD protector once you reach a 50% NCD and a loss of use of benefit of S$80 per day for 7 days. If you are looking for a plan that offers a high level of customisation options, you may find plans like Aviva more to your liking.
|Loss of Use||S$80 per day||S$107|
|50% NCD Protector||N/A||S$105|
Great Eastern Claims Information
To submit a motor claim with Great Eastern, you should report all incidents within 24 hours and submit the proper documents along with the relevant claim form (received from your insurance agent or at the authorised motor accident reporting center) by mail or in person.
|Car Accident and Emergency Breakdown Assistance||65 6535 0511|
|Customer Service Hotline||1 800 248 2888|
|General Claim Hotline||65 6248 2638|
|Claims Information||Claim forms|
|Mailing Address||1 Pickering Street #01-01, Great Eastern Centre, Singapore 048659|
Summary of Coverage
Settling on a great value car insurance plan can be a challenge due to how time consuming it is just to get a quote. Below, we have summarised Great Eastern's core coverage and excesses—if you want to compare it to other car insurance plans, you can check our our guide to the best car insurance policies currently available in Singapore.
|3rd Party Liability (Death)||Unlimited||N/A|
|3rd Party Liability (Damage)||S$5 Mn||N/A|
|Personal Accident (Driver)||S$20,000||N/A|
|YIDR Unnamed Driver Excess||N/A||S$2,500|