This policy seeks to insure the liability in common law which a Corporation owes as a duty of care to third parties. It indemnifies the policy holder’s legal liability for accidental death/bodily injury to third party and damage to third party’s property arising out of their negligence in the performance of the Insured’s business within the territorial limits. The policy pays legal expenses (incurred with Insurer’s consent) on top of all other compensation.

Manufacturers, agents, sole distributors and the like will need to procure this policy which will indemnify them in respect of their legal liability for accidental death or bodily injury as well as damage to the consumers arising out of the use of the manufactured products.

Employers are liable for the well-being of their employees and this policy seeks to protect the employer as well as compensates the employees for death, bodily injury as well as loss of earnings and medical expenses arising out of or in the course of their employment. Policy covers the requirements of the legislative liability as per the Workmen’s Compensation Act enacted in Singapore in 1975 and its subsequent amendments as well as the Employer’s liability under tort as per Common Law. The Workman Injury Compensation Insurance applies as a requirement by the Ministry of Manpower (MOM), to both local and foreign employees.

Comprehensive Liability insurance, often referred to as Comprehensive General Liability (CGL) insurance, is a form of business insurance that protects businesses against negligence-based liability claims, imposed by lawsuits and similar claims.

Coverage may be in the form of
• Bodily injury and property damage liability, on an occurrence basis, resulting from the ownership, use, and/or maintenance of the premises, completed operations, and products;
• Bodily injury and property damage liability for operation of machinery / equipment;
• Medical expenses resulting from bodily injury incurred by a member of the general public through the use of the premises or involvement in the operations.

Commonly required by transport and logistic companies in the conduct of their professional business, legal liability may arise and require the payment of damages as compensation for physical loss of, or damage to, the property of others (including Cargo, Trailers, Containers and similar transportation equipment not owned, rented, or leased), if and where the property was in the Care, Custody and/or Control of the Insured.

This Insurance type protects the cargo owner against the risk of loss or damage to their cargos whilst in transit either by Air or Sea journey. Three types of cover are available in the market, traditionally the ITC ‘A’ clause which is an All Risk Cover, ITC ‘B” clause which is a limited all risk cover and finally, the minimum ‘C” Clause or total loss cover.

Meant for Vessel Owners, the Marine Hull Insurance indemnifies them against loss, damage, collision liability, towage liability, protection and indemnity, salvage and general average. Also available are specific covers for delivery of vessels on a per trip basis, coverage being afforded under the Institute Voyage Clause.

This policy is a specific cover for goods whilst in transit by land conveyance either by car, lorry, train or articulated vehicles by inland routes or cross borders. The covers available are on All Risk basis or on a narrower limited collision, and overturning peril.

A basic policy most commonly effected for the generic protection of the property against specified perils. Basic coverage of the fire policy is against Fire and Lightning but most polices carry the following extraneous perils as:
• Standard fire & lighting whether accompanied by fire or not
• Strike, riots & civil commotion
• Aircraft damage
• Vehicle impact damage - extended to include own vehicles
• Hurricane, cyclone, typhoon & windstorm, flood arising therefrom with extended flood
• Standard explosion damage
• Earthquake and volcanic eruption
• Bursting or overflowing of water tanks, pipes and apparatus
• Spontaneous combustion
• Smoke damage
• Malicious damage
• Flood
• Sprinkler leakage (where applicable)
• Water damage

This policy indemnifies the Insured against losses resulting from a break-in, theft or burglary from within and outside the premises. The generic policy wordings require signs of forcible or violent entry before the policy responds. However, this requirement has largely been made obsolete by the “Full Theft” or “theft without forcible entry” extension.

Commonly procured by large-scale companies and industries with a higher risk level, it offers significantly better coverage with broader terms and conditions. Made up of two distinct sections, Section 1 covering the property at risk and Section 2 covering the financial and pecuniary losses resulting from a material Damage claim under Section 1. The scope of cover is basically modeled after the Basic All Risk policy as it indemnifies the insured against loss of or damage to the Insured’s property as a result of accident other than those risks that are specifically excluded. On top of this, it also incorporates a Business Interruption / Consequential loss section which compensates for loss of gross profit or increase cost of working following a material damage loss.

Costly and damage-sensitive machineries or equipment should be offered a higher level of coverage and be more appropriately covered under the All Risk policy. As the name literally suggests, this is a “Hold-all” cover as it indemnifies against loss or damage to Insured’s property by any accident or misfortune other than those specifically excluded.

This is a specialized cover for sensitive electronic and electrical equipment, computers etc. It covers all risk of accidental loss or damage other than those risk specifically excluded to such equipment. Policy can also be extended to cover additional cost of re-writing records, Data Media (Media replacement / Data Reconstruction expenses) as well as Increased cost of work resulting from the loss or damaged equipment.

This policy covers and pays for accidental breakage, from any cause other than those specially excluded in the policy, of all types of glass plates situated at the Insured’s premises

Contractors’ All Risk insurance offers comprehensive protection against cost of loss or damage in respect of contract works to construction plant and equipment and/or construction machinery. It also covers third party claims (public liability) in respect of property damage or bodily injury arising in connection with the execution of a civil engineering project.

The CAR policy, as it is widely known, is designed to provide protection for building and civil works during the Contract Period. The policy is written to enable the Contractor or Employer to comply with the insurance requirements of the Contract and to cover the liability of the contractor for loss or damage during the maintenance period.

A Boiler Explosion Insurance policy protects the insured against damage arising out of explosion or implosion (collapse) of any boiler or pressure vessels.

Some common risks covered are:
• Explosion and collapse
• Damage to the boiler and / or pressure plants
• Damage to surrounding property of the insured, owned in trust or held in commission
• Legal Liability on account of death or bodily injury to third party
• Damage to the property of the third party

This policy covers unforeseen and sudden physical loss of or damage to insured property by any cause or misfortune other than those specially excluded in a manner necessitating repair or replacement. This is a pure “Breakdown” policy and is useful in protecting against adverse consequences arising out of a breakdown to key and crucial machineries

Optional: Deterioration of stock in cold storage
Deterioration of Stock in Cold Storage Insurance is taken in conjunction with a Machinery Breakdown cover and only responds if a Machinery Breakdown policy is in force and triggered. The policy indemnifies the Insured in respect of loss or damage caused by deterioration of the abovementioned goods resulting from any unforeseen and sudden physical loss of or damage to the machinery.

It covers against the risk of loss or damage to the perishable stock by deterioration or decay due to:
• Rise or fall in temperature resulting from breakdown of refrigeration plant and equipment
• Damage to the said plant and equipment by an incidental extraneous cause
• Failure of electric supply

The Group Hospital & Surgical Insurance is an inpatient medical expense insurance policy designed to reimburse the expenses incurred by an employee and/or his covered dependents as a result of hospitalization and/or surgery

This is a Rider to a Group Hospital & Surgical Insurance policy and it reimburses medical expenses in excess of the basic benefit limits covered under the Group Hospital & Surgical Insurance.

The Group Term Life Insurance is designed to provide a lump sum benefit payment upon the death or disability of insured persons arising from all causes (natural & accidental).

The Group Critical Illness Insurance is a rider to Group Term Life Insurance. It will pay a lump sum benefit when the Insured Person is diagnosed of any 30 Critical Illnesses listed, certified by a Registered Medical Practitioner.

This plan provides benefits in the event of disability due to illness or injury resulting in inability of the insured member to perform all the duties of his/her occupation or any other occupation after the onset of disability. A Monthly Cash Benefit in the event of total disability will be paid to the insured member for a continuous period exceeding the Deferred Period. The insurer shall pay the Assured a Monthly Disability Benefit stated in the Benefit Schedule and which only ceases once the Benefit Period expires.

Group Personal Accident Insurance is designed to provide a lump sum benefit payment upon the death or disability of insured persons arising from accidents.

Group Outpatient Clinical Benefits provides convenience when seeking consultation without having to pay out of pocket (for Plan with no co-payment) when visiting any of the Insurer’s participating panel clinics. Reimbursement of eligible expenses incurred at non-panel clinics, polyclinics or A&E Department of any hospitals in Singapore are also covered subject to a specified limit. This coverage can also be extended to dependents of employees

The Group Outpatient Specialist benefits reimburse eligible expenses incurred at specialist clinics and diagnostic X-ray and laboratory tests referred by a registered general practitioner. The reimbursement of medical expenses for Specialist Consultation (Diagnostic Test, X-Ray & Laboratory Test) is subject to a limit stipulated in Policy Schedule of Benefit.

The Group Dental Benefits reimburse eligible dental expenses incurred at the Insurer’s panel dentists. The reimbursement of dental expenses works either as a charged basis under Insurer’s panel dentists or subjected to an annual limit.

Some of the common Benefits:
• X-Ray
• Test & Laboratory
• Filing
• Root Canal Treatment
• Extractions
• Surgical Extractions

Foreign Worker Medical Insurance (FWMI) is a mandatory cover for the Employer to provide for foreign workers who are Work Permit and S Pass holders. It basically covers for the medical expenses which includes coverage on hospital bills for situations that may not be work-related, and not claimable under the WICI. FWMI differs from the Work Injury Compensation Insurance (WICI) where the latter only provides compensation on the medical expenses incurred in the event of employee/s suffer from work-related injuries. With effect from 1st January 2010, the minimum requirement of MOM is on the employers to purchase the insurance at a sum insured of S$15,000.00 per foreign worker. The insurance premium differs from one insurer to another and employers may contact us to further enquire on the applicable premium. The foreign worker medical insurance is not necessary for employees who are Employment Pass Holders.

This is a bond required by Ministry of Manpower (MOM) to ensure any one particular foreign worker remains employed by the client during the term of his service in the company. All employers of Work Permit holders are required to deposit a Security Bond of S$5,000 with MOM for each and every foreign worker to be employed. This security bond allows the waiver of the upfront S$5,000.00 to the MOM. The security bond must be furnished prior to the foreign worker's arrival in Singapore, failing which entry into Singapore will not be allowed. For the security of all our potential and existing clientele, it is advisable to arrange for the bond at least 3 working days prior to arranging for the foreign worker’s arrival to Singapore.

The foreign worker bond is not necessary for employees who fall under either one of the following categories:
• Malaysia Nationality
• Employment Pass Holders

As Burglary / Theft Insurance does not cover money or its related negotiable instruments, this policy is available to specifically cover loss of money either whilst in transit or in premises as well as of repairs or replacement of strong rooms or safe otherwise incurred by theft

This policy indemnifies the Insured against the possible and potential loss of Gross Profit, as well as an increased cost of work resulting from a loss, occurring and identifiable under the Material Damage policy. Coverage for wages, professional fees and extra expenses associated with recovery are also frequently included in the cover.

This is a policy that seeks to indemnify the Insured against fraud or dishonesty of their employees’ whilst under employment. The policy is usually extended to allow for a longer discovery period of up to 12 months either from expiry of policy or termination of employee, whichever comes first.

Golfer’s Insurance is a specialty insurance class, aimed at subsidising the expenses of Golfing Associations &/or Clubs when their members hit a hole-in-one. Coverage is not just limited to member’s hole-in-one expenses and is often accompanied to include golf equipment, personal effects, personal liability, personal accident as well as medical expenses.

The Directors & Officers Liability Insurance cover damages or defence costs, payable to the director and officers of a company, or to the organisation(s) itself, in the event they suffer such losses as a result of a lawsuit for alleged wrongful acts while acting in their capacity as directors and officers for the organisation.

This policy protects professionals against legal liability arising from the conduct of their practice or business. Cover is provided for settlements, compensation, damages awarded, as well as legal costs and expenses associated with defending legal actions. With Professional Indemnity Insurance, professionals are protected against the financial strain of litigation, whilst preserving their personal integrity and reputation of their practice.

Crime Insurance ensures protection from losses resulting from business-related crime. Protection can cover merchandise, money or other property loss when a company is victimized by someone perpetrating embezzlement, forgery, robbery, securities theft or any other form of business-related crime.

An error or omission, an act or failure to act which causes financial harm to another, can occur on almost any transaction in any profession. This insurance type helps to protect a professional, an individual or a company, from bearing the full cost of defense for lawsuits relating to an error or omission in providing covered Professional Services. This is a separate coverage from a standard general liability or property insurance policy