NTUC vs China Taiping for commercial car insurance?

Both companies are well known for providing affordable commercial vehicle insurance. Excess terms (i.e. the amount you pay first, before the insurer pays) are also competitive.

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For factors other than price and coverage excess, like the speed of claims settlement, you'll want to ask around your social circle. Check to see if anyone you know has had a vehicle claim with either carrier to get a better feel of which you prefer.