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NTUC Income rolls out two new usage-based motor insurance schemes

Benjamin Cher Published on Thu, Oct 06, 2016 / 1:04 PM GMT+8

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SINGAPORE (Oct 6): NTUC Income is introducing two new insurance schemes, Drive Master and FlexiMileage, which are usage-based schemes to reward good driving behavior and low-mileage driving.

Income aims to utilise telematics, real-time data on driving behavior such as driver’s speed, manoeuvres drive time and mileage to better assess and manage risk.

“With Drive Master and FlexiMileage, we are leveraging digital technology to make insurance more personalised for our customers,” says Ken Ng, chief executive, Income.

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