Brunei Insurance and Takaful Association (BITA) is a Leading insurer in Brunei.
How to Contact BITA Insurance Customer Support/Phone Number?
Customer Care phone: +673 242 8871
Email: [email protected]
Website: https://www.bita.org.bn/
BITA Insurance registered office address
Unit 1.16, 1st Floor, Kiulap Plaza Hotel, Brunei Muara BE1518, Negara Brunei Darussalam.
About BITA
Founded: 2013
Industries: Insurance
The Brunei Insurance and Takaful Association (BITA) which was inaugurated in a soft launch on 14 November 2013 unites all the registered conventional life and non-life insurers and takaful operators in Brunei. The trade body promotes a level playing field, harmony, and cooperation among members and industry players.
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BITA Vision
Advancing Towards a Professional and Dynamic Insurance & Takaful Industry in Brunei Darussalam.
BITA Mission
- Articulate the industry as One Unified Voice;
- Develop and Harmonize Industry’s Standard Best Practices and Professionalism;
- Enhance the Insurance & Takaful penetration rate to support the Nation in building a Dynamic and Sustainable Economy;
- Foster public’s confidence by protecting the consumer’s interest as well as promoting Insurance/Takaful awareness and financial literacy education;
- Generating Values & Information with Trust and Transparency.
Brunei Insurance and Takaful Association (BITA) Overview
- The Brunei Insurance and Takaful Association (BITA) which was inaugurated in a soft launch on 14 November 2013 unites all the registered conventional life and non-life insurers and takaful operators in Brunei.
FAQs
1. Why do I need insurance?
- Insurance is one of the method to mitigate risk, as the risk is transferred to the insurance company or in case of takaful, the risk is spread with a large pool of participant.
2. What is No-Claim-Discount (NCD) and (or) No-Claim-Bonus (NCB)?
- No-Claim-Bonus (NCB) and No-Claim-Discount (NCD) is the reward to the policyholder for not making any claim in preceding year.
3. What is excess?
- The sum of money that the policyholder agreed to contribute towards the cost of claim.
4. How do I make a claims?
- Before making a claim, check if the type of damages / risk is covered under the policy you’ve purchased, make notes on the terms and condition that is laid out in the policy and the sum payable under your policy. If you are making a motor claims, please kindly refer to Motor Claims Guideline that is launched since 14th August 2017.
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