Date: 6 Apr 2016
Time: 2.00pm - 5.00pm
Capital Tower, Level 9,
168 Robinson Road, Singapore 06891
Click here to read President AK Cher’s message at the GIA AGM Luncheon 2016.
Click here to read about the press release on “Insurance industry celebrates SG50 by raising over $500,000 for seven beneficiaries."
Click here to read the media statement on "GIA advises car owners who wish to rent out their private cars to ensure proper insurance coverage."
By redistributing risks among a large number of people, an insurance contract helps to mitigate losses from accidents insured by an individual. In return for a specified payment of premium, the insurer undertakes to pay the insured or his beneficiary a specified amount of money (i.e. sum insured / limit of liability) in the event the insured suffers a loss through the occurrence of an event (insured peril) covered by the insurance contract (as evidenced in the policy document).