1. NTUC Income received 300 claims for stolen vehicles in 2004, 387 claims in 2005, and 200 claims for 6 months of 2006. The number is increasing each year.
2. In general, the theft rate for Toyota RAV4, Toyota Harrier, Lexus and motorcycles are higher than other models.
3. We have settled about 95% of the claim, after the police has completed its investigation that it is a genuine theft case. We will settle the claim within 7 working days from the police investigation report.
Wednesday, August 30, 2006
Tan Kin Lian, CEO of NTUC Income provides us with interesting information regarding stolen vehicles in Singapore. From Tan Kin Lian's Blog:
Posted by I.Z. Reloaded at 11:53 AM
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