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About The FIDReC-NIMA Scheme
The FIDReC Non-Injury Motor Accident Scheme
("FIDReC-NIMA Scheme") helps consumers resolve non-injury motor accident
disputes with insurance companies in which the amount claimed is below $3,000.
The FIDReC-NIMA Scheme covers claims by consumers against an insurance company
which is not their own insurer.
Under the FIDReC-NIMA Scheme, non-injury motor accident claims below $3,000
would have to be first heard by the Financial Industry Disputes Resolution
Centre Ltd (FIDReC) before court proceedings could be commenced.
FIDReC administers the FIDReC-NIMA Scheme in accordance with the "Pre-action
Protocol for the Management of Low-Value Non-injury Motor Accident Cases by the
Financial Industry Disputes Resolution Centre Ltd (FIDReC)" issued by the
Subordinate Courts.
When the Scheme was initially put into place,
it required all non-injury motor accident claims ("NIMA claims") below S$1,000
to be first heard by FIDReC before court proceedings can be commenced, unless
exempted.
With effect from 1 September 2011, the Scheme
has been extended to apply to Non Injury Motor Accident (NIMA) claims below
S$3,000.
Some Key Features Of The Scheme
Both the consumer and the insurance company present their own case and legal
representation is not allowed. This is in keeping with the current practice of
FIDReC where all disputants in all FIDReC cases present their own case. This
practice serves to keep costs affordable at FIDReC for all parties.
Before carrying out repairs to the vehicle, the consumer has to first notify
the insurer complained against and give the insurer an opportunity to inspect
the vehicle during the next two working days (excluding Saturdays, Sundays and
public holidays) following the notification.
Disputants Required To Co-operate Fully With FIDReC
All disputants are required to co-operate and comply fully with FIDReC's
processes, instructions and timelines. Disputes which are not settled at
mediation after 2 months will proceed to adjudication. The adjudication process
takes about 3 months. Disputants should make appropriate arrangements to ensure
that they are available to attend all interviews, meetings, mediation sessions
and adjudication hearings held by FIDReC.
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