Automobile Association of Singapore (AAS) launched a new motor insurance policy , “AA Senior Motor Plus”, on 23 January 2014. It is targeted at drivers aged 65 and above. It was launched in collaboration with Liberty Insurance and the Singapore Optometric Association.
It comes with benefits such as a 5 per cent discount for eligible policyholders with 30 or more years of experience, and a free medical examination, required of drivers above 65 years old by the Traffic Police. Like any other car insurance policies, driving records and claims experience will be taken into consideration when setting the premium. Policyholder would need to pay for standard excess and it covers driving in both Singapore and West Malaysia.
Currently, NTUC Income offers motor insurance for drivers above 65. At Aviva and DirectAsia.com, only renewal of policies for those above 70 are considered on a case-by-case basis.
Therefore, senior drivers now have one more choice from AAS.