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

What is the standard indemnity boundary provided by a basic Third-Party Only (TPO) motor insurance policy in Singapore?

Indemnity for third-party death, bodily injury, and third-party property damage only Indemnity for third-party injury, own-vehicle fire damage, and theft Indemnity for own-vehicle damage, medical expenses, and third-party liabilities Indemnity exclusively for third-party death with zero property damage cover

Correct Answer:

Indemnity for third-party death, bodily injury, and third-party property damage only

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