Budget Direct Insurance (BDI) has announced the launch of its Commercial Vehicle Insurance product, designed to meet the needs of businesses in Singapore. This reaffirms its commitment to deliver value-driven insurance solutions while using its direct-to-consumer model to offer competitive premiums and exceptional customer service.

Since its launch in Singapore in 2016, BDI has provided a range of tailored insurance products including car, motorcycle, and travel insurance. To further address the diverse needs of its customers, the company expanded its offerings to include higher-risk car insurance. Bypassing traditional intermediaries also eliminates unnecessary expenditures, enabling customers to save on cost without compromising on quality and gaining widespread customer trust.

The new Commercial Vehicle Insurance product will provide comprehensive and third-party plans for a range of light goods vehicles, including vans, lorries, and trucks. It is designed for small business owners, contractors, or those managing a fleet of commercial vehicles. Tradespeople such as plumbers, electricians, and others who rely on their vehicles for daily work are also covered under this policy.

Customers can also customise their coverage to align with their specific operational requirements, paying only for what they need. This flexibility is made possible through features such as optional add-ons like 24-Hour Roadside Assistance, No Claim discount (NCD) Protector, and Any Workshop.

BDI's policies are underwritten by Auto & General Insurance (Singapore) Pte. Limited and regulated by the Monetary Authority of Singapore (MAS), and the company adheres to all regulations, ensuring transparency, compliance, and reliability.