CMI (Motor Dealers) Practice Questions - SCI Certificate Of Proficiency In Motor Insurance For Motor Dealers (Singapore) Exam

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Under the Motor Vehicles (Third-Party Risks and Compensation) Act of Singapore, what is the mandatory minimum insurance cover required for any motor vehicle driven on public roads?

Third-Party Only (TPO) cover for third-party death and bodily injury Comprehensive cover including own-damage and wind-screen replacement Third-Party, Fire and Theft (TPFT) cover up to S$500,000 Personal Accident cover for the vehicle owner and passenger

Correct Answer:

Third-Party Only (TPO) cover for third-party death and bodily injury

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