Motor Insurance Liberalisation Benefits Consumers – Hamzah

Vehicle owners should not be unduly worried with the liberalisation of motor tariff, implemented since last July 1,  as the method benefits consumers more because the charge or premium payment is based on individual risk profile. Minister of Domestic Trade, Cooperatives and Consumerism (MDTCC) Datuk Seri Hamzah Zainuddin said under the previous system, vehicle insurance was based[…]