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Get Private Settlement for Motor Accidents 2012

our reporting centres within 24 hours or the next working day after the accident. Failure to report or late reporting of accident will result in insured’s NCD reduction, upon the next renewal of your motor policy. You can choose to enter into a private settlement with the owner of the other car if there are no personal injuries and damages are minor. Under a private settlement, both parties agree to settle the matter amicably without suing each other. It is a legally binding agreement. NTUC I.

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