To drive around in comfort, aside from a reasonably good car, you need also a peace of mind. A reliable motor insurance package is one of the essentials that you should never overlook. Do you think your existing motor insurance package is already the most reliable and with the best policy terms you can get?
Reliable Protection
DriveSafe is developed by Macau Insurance Company, which is well known for its expertise and leading position in motor insurance. Macau Insurance Company provides you definitely the most reliable protection available anywhere.
Unbeatable Package
DriveSafe offers you the best insurance terms in town. You will enjoy ultra-low claim excess. You will not be subject to any premium loading under normal circumstances.
Coverage
DriveSafe provides you a mandatory Third Party Liability Cover that conforms with the legal requirements in Macau. No matter who is behind the wheel, Macau Insurance Company will provide the Third Party Liability Cover for the driver in case of any traffic accident.
Premium
| Private Cars up to 1,650 cc |
MOP |
|
Insured Capital |
NCB = 0% |
NCB = 10% |
NCB = 20% |
NCB = 30% |
NCB = 40% |
NCB = 50% |
|
1,500,000 |
1,209.50 |
1,088.60 |
967.60 |
846.70 |
725.70 |
604.80 |
|
|
| Private Cars from 1,651 to 3,500 cc |
MOP |
|
Insured Capital |
NCB = 0% |
NCB = 10% |
NCB = 20% |
NCB = 30% |
NCB = 40% |
NCB = 50% |
|
1,500,000 |
1,412.50 |
1,271.20 |
1,130.00 |
988.70 |
847.50 |
706.20 |
|
|
| Private Cars over 3,501cc or above |
MOP |
|
Insured Capital |
NCB = 0% |
NCB = 10% |
NCB = 20% |
NCB = 30% |
NCB = 40% |
NCB = 50% |
|
1,500,000 |
1,551.90 |
1,396.70 |
1,241.50 |
1,086.30 |
931.10 |
775.90 |
|
|
Comprehensive Cover
DriveSafe also offers you an optional Comprehensive Cover to give you a total peace of mind. Apart from the Third Party Liability Cover, Macau Insurance Company will also bear the cost of repair if your car is damaged, or provide a reimbursement if it is lost or destroyed.
Premium
Premium of Comprehensive Cover = TPL Premium + (Car Value x Premium Factor)
Private Cars of 5 years or below
|
| NCB |
0% |
10% |
20% |
30% |
40% |
50% |
|
| Premium Factor |
3.588% |
3.229% |
2.870% |
2.511% |
2.153% |
1.794% |
|
Example of Premium Calculation:
TPL Cover Only
A client with no claims in the previous 3 years on his car (under 1,650cc), subscribes to a TPL cover with a limit of MOP 1.5 million. He/She will enjoy an NCB of 30% and pay a premium of MOP846.70.
Comprehensive Cover
A client with no claims record in previous 4 years, subscribes for comprehensive cover with a TPL limit of MOP 1.5 million, on new car (under 1,650cc) with a value of MOP100,000. The applicable premium will be:
| |
MOP725.70 + (MOP100,000 x 2.153%) |
| = |
MOP725.70 + MOP2,153.00 |
| = |
MOP2,878.70 |
Remarks:
-
NCB refers to “No Claim Bonus”. Clients subscribing for motor insurance are entitled to NCB if they have no claim record in the previous year(s).
-
Government levy for the Motor Guaranteed Fund has already been included in the above insurance premiums and premium factors.
-
Please refer to policy terms and conditions for details.
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