MotorMax explained: benefits, limits and the fine print
MSIG's MotorMax is a comprehensive private car policy with 24-hour roadside assistance and new-for-old replacement on newer cars. Here is what its standard limits actually are.
MotorMax is MSIG's comprehensive private motor insurance plan, covering accidental damage, theft, fire and third-party liability alongside a set of practical add-on benefits. This article is based on MSIG's own product page as retrieved for this piece, and figures can change; the linked policy document and brochure, not this summary, govern where the two differ.
Core cover and personal accident limits
As a comprehensive plan, MotorMax covers the standard set of motor risks — accidental damage to the insured car, theft, fire, and third-party liability. On top of this, it includes personal accident cover of up to $20,000 for the policyholder and $10,000 per authorised driver or passenger, along with medical expenses cover up to $1,000 per person. These personal accident and medical limits sit alongside, not instead of, the vehicle damage and liability cover that forms the base of any comprehensive motor policy.
One notable absence: the plan does not cover loss of use, meaning there is no benefit for the inconvenience or cost of being without your car while it is being repaired, beyond whatever the workshop arrangement itself provides.
Roadside assistance and repair benefits
MotorMax includes 24-hour roadside assistance covering towing, lockout situations and battery jumpstarts, plus broader 24-hour automobile and medical assistance services. Repairs are directed to MSIG's authorised workshop network.
For newer cars specifically, the plan offers new-for-old replacement for vehicles up to 12 months old — meaning a total loss or qualifying damage claim on a car within that age window is settled with a new equivalent vehicle rather than a depreciated payout, a materially different outcome from standard market-value settlement on an older car. Windscreen cover comes with automatic reinstatement, so a windscreen claim does not permanently use up the benefit for the rest of the policy year.
Optional add-ons
Two optional extras are available on top of the base plan:
- NCD Protector, available for policyholders with a no-claim discount of 30% or more, which protects the accumulated discount from being reduced after a claim.
- Excess Waiver, which can waive the policy excess for the first two claims made during the policy period, subject to the terms of that add-on.
Both are optional and priced separately from the base MotorMax premium — worth asking about explicitly if either matters to how you plan to use the car.
A note for electric vehicle owners specifically
MSIG's own product page notes that its enhanced variant, MotorMax Plus, includes benefits built specifically for electric vehicle owners — including medical cover for electric shock arising from battery leakage and EV-appropriate towing arrangements. These EV-specific benefits are described as features of MotorMax Plus rather than the base MotorMax plan covered in this article, so an EV owner comparing the two should confirm directly with MSIG which plan, and which specific benefits, would actually apply to their vehicle.
What to check regardless of comprehensive plan chosen
- Whether the new-for-old benefit's 12-month age window matters for your car, since it only applies while the vehicle is that young.
- Whether the absence of a loss-of-use benefit matters for your situation — some buyers rely on a courtesy car or rental reimbursement that this plan does not include.
- Whether NCD Protector or Excess Waiver are worth the additional cost, given they are optional rather than bundled in.
- For an EV specifically, whether MotorMax or MotorMax Plus is the more appropriate plan, given the EV-specific benefits sit on the Plus variant.
The policy document and brochure linked from MSIG's own page set out the exact terms, exclusions and claim conditions that this summary leaves out. Compare MotorMax against other comprehensive motor plans at /compare/singapore/motor.
Talk to an advisor
Whether MotorMax's standard benefits and its optional add-ons fit your driving situation depends on details like your car's age, your no-claim discount, and whether you specifically need EV-related cover. A licensed advisor can walk through the current policy document with you. Find one through our advisor matching, or ask our assistant about this plan's terms.
Sources
This content is educational information from a licensed advisor, not financial advice. Product details vary by insurer — verify specifics with an advisor.
