Comprehensive Business insurance for SMEs
Key coverages every SME needs under one policy
Why get a packaged SME business insurance?
Comprehensive cover
It bundles essential coverages like property damage, business interruption, public liability and work injury in one policy, safeguarding you from a wide range of risks such as theft, lawsuits and natural disasters.
Cost efficiency
Combining multiple insurance coverages into the one policy is more affordable than purchasing individual policies.
Continuity
It ensures the company can recover quickly from unexpected events like fire, theft, or lawsuits, minimising financial losses and operational downtime.
Who needs SME Business Insurance?
Retail, F&B, Lifestyle
Protection for stock of goods from damage and theft, cash kept on premises to be protected from theft, and companies to look out for their liabilities to their employees and customers
Wellness, Alternative & Allied Health Services
Protection for specialist equipment against property damage and theft. Companies to look out for their liabilities for their employees and customers
Startups, Tech, Consulting
Valuable items such as laptops, robotic systems and 3D printers need to be protected against property damage and theft
Key Policy Coverages
Typical policy benefits
Protect your valuable property contents, stocks in trade, or fixtures and fittings at your business premises from risks such as fire, theft or explosion
Provides compensation for loss of revenue if you cannot operate your business due to a fire claim for example
Covers the liabilities of the business for accidental damage to the rental work space. Required as part of the T&Cs in most tenancy agreements. Also covers other third party property damage and bodily injury claim liabilities
WICA insurance is mandatory for all staff earning up to S$2,600 per month in Singapore and recommended for all staff. Covers the medical expenses and medical leave wages for all work-related injuries or diseases
Covers cash stolen on premises or in transit
Covers your goods from damage when they are in transit across Singapore
Covers employees that steal directly from the company
Typical Exclusions
This is covered by Professional Indemnity Insurance. Find out more.