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The deductible is the amount payable by you for each and every claim made against the policy.
No, you can purchase ECICS Motor Excess Protector Insurance Policy any time. However, do note that there is a 14-day waiting period from the commencement date of policy. Coverage will only start after the 14-day waiting period.
The deductible helps to prevent frequent claims and encourages responsible use of the policy. It also keeps the overall premium more affordable for all policyholders.
ECICS Motor Excess Protector Insurance reimburses the excess amount you are required to pay under your motor insurance policy when you make a claim. It helps reduce your out-of-pocket expenses after an accident.
Yes, ECICS Motor Excess Protector Insurance extends to cover your rental excess when you rent a car and drive overseas anywhere in the world.