It is hereby declared and agreed that the following endorsement and amendments are included in the Policy:
1. IDAC Endorsement

(a) The Policyholder shall bring or cause to be brought the insured motor insurance vehicle to an IDAC for an inspection and       assessment of the damage suffered by the said insured motor vehicle in an accident occurring in Singapore within 24       hours of the accident. In the event that it is not possible to do so within 24 hours of the accident, the Policyholder shall       nevertheless proceed to do so and submit a written explanation to the insurer for consideration without further delay.

(b) Inspection and assessment by an IDAC shall not be required if only the windscreen of an insured motor vehicle is damaged.
2. Amendment to No Claim Discount Section

This section of the policy is hereby amended to read as follows:
In the event of no claim being made or arising under this Policy during a period of insurance specified below immediately preceding the renewal of this Policy the renewal premium shall be reduced as follows:-
Period of Insurance Discount
The preceding year 10%
The preceding two consecutive years 20%
The preceding three consecutive years 30%
The preceding four consecutive years 40%
The preceding five or more consecutive years 50%

If at the time of a claim the No Claim Discount is 40% or 50% the No Claim Discount shall be reduced to 10% or 20% respectively at the next renewal of the Policy. If the No Claim Discount is 30% or less than the whole No Claim Discount is rescinded.

If more than one claim is made during any one period of insurance the entire No Claim Discount is rescinded irrespective of the percentage earned.

If more than one motor car is described in the Schedule the No Claim Discount shall be applied as if a separate Policy had been issued in respect to each such motor car.

If the Company shall consent to a transfer of interest in this Policy the period during which the interest was vested in the Transferrer shall not accrue to the benefit of the Transferee.

The No Claim Discount is not affected by any notification or information which the Insured is obliged to provide to the Company unless it is in relation to a claim made on the Company.

3. Amendment to Policy Condition No. 5 – Claims Procedure

This policy condition is hereby amended to read as follows:
5. Claims Procedure
(a) No admission offer promise or payment shall be made by or on behalf of the Insured or any person claiming to be indemnified without the written consent of the Company. The Company shall be ennti8tled at its sole discretion to :-

Take over and conduct in the name of the Insured or such person the defence or settlement of any claim;

Prosecute in the name of the Insured or such person for its own benefit any claim for indemnity or damages or otherwise; and/or

Conduct and settle proceedings as it sees fit.

The Insured accepts that the Company has these rights and that to evaluate and exercise these rights, the Insured and any person claiming to be indemnified must assist the Company by:-

Providing all such information and assistance as the Company may require;

Allowing the Company the right to examine the nature and extent of all damage to the Motor Vehicle before it is repaired. The Company has this right whether or not the Insured is entitled or intends to claim an indemnity under this policy for the damage to the Motor Vehicle insured.

For the purpose of complying with this requirement, the Insured or any person claiming to be indemnified shall arrange for the Motor Vehicle to be delivered to any Independent Damage Assessment Centre (Idac) accredited by the General Insurance Association of Singapore for inspection of the damage. This shall be done within twenty-four (24) hours of an occurrence of damage to the Motor Vehicle or its reasonable discovery. If the Motor Vehicle is not delivered to any Idac for inspection within twenty-four (24) hours, the Insured or any person claiming to be indemnified shall: I) proceed with an Idac inspection as soon as possible; and ii) write to the company stating the reason for the inability to have the inspection carried out within twenty-four (24) hours. But the inspection must be carried out before the Motor Vehicle is delivered elsewhere for repair. The requirement for inspection of damage at an Idac is waived in the case where damage is limited to the Motor Vehicle windscreen/s. The Company may at its sole discretion consider waiver of compliance with this requirement for inspection at any Idac in exceptional circumstances.

(b) In case damage to the Motor Vehicle insured is indemnifiable by this policy the Insured shall decide whether or not to claim for it and if so shall submit such a claim to the Company within fourteen (14) days of occurrence or discovery of damage. The cost of repair is subject to adjustment by the Company before any repair may commence if it exceeds $300 in total.