Basic Cover | Standard Suite | Super Suite |
Basic Sum Insured/Limit | Basic Sum Insured/Limit | |
1. All Risks (Excess: $200 for each & every claim except fire, lightning & explosion) On Contents and Stock including: | $100,000 | $100,000 |
Theft of keys | $1,000 | $1,000 |
Property whilst at exhibitions anywhere within the Territorial Limits | $2,500 | $2,500 |
Seasonal stock increase | 25% of stock sum insured | 25% of stock sum insured |
Internal fixed plate glass | $2,500 | $2,500 |
External signs | $1,500 | $1,500 |
Cost of replacement of sanitary ware | $2,500 | $2,500 |
External blinds | $2,500 | $2,500 |
External glass | Cost of repair/replacement | Cost of repair/replacement |
Option to increase Basic Sum Insured up to a maximum of $3,000,000 | ||
2. Business Interruption (Time Excess: 24 hours for all claims) including: On Total Interruption to business resulting from loss or damage by perils insured as described under Section 1 – All Risks (up to 100 days) | $200 per day | $200 per day |
Book Debts | $5,000 | $5,000 |
Unspecified customers/suppliers | $5,000 | $5,000 |
Loss of gross profit and increased cost of working following machinery or computer breakdown (applicable only for Super Suite Plan) | Not Applicable | $20,000 |
Transit | $5,000 | $5,000 |
Option to increase Basic Daily Benefit up to a maximum of $500 per day | ||
3. Money | ||
a. Money in Transit, in the premises during business hours, and in any bank’s night safe | $5,000 | $5,000 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
b. Money in a locked unspecified safe outside business hours | $2,500 | $2,500 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
c. Money at the private residence of the Insured or an Employee and at the premises outside of business hours not in a locked safe | $500 | $500 |
Optional covers available on request include: Money in ATMs | ||
Extension Malicious Attack Including: | ||
Death and disablement benefits following malicious attack | $10,000 | $10,000 |
Weekly disablement benefit following malicious attack | $100 per week up to 104 weeks | $100 per week up to 104 weeks |
4. Personal Accident On the life of (up to 2) named proprietor partner(s) / director(s) a. Death/Permanent Disablement Option to increase Basic Sum Insured up to 25 persons up to maximum $300,000 per person Class I Persons engaged in professional, administrative, managerial, clerical and non manual occupation generally Class II Persons engaged in work of a supervisory nature and occasionally engaged in manual work Class III Persons engaged in manual work not of particularly hazardous nature but involving use of tools or machinery | $50,000 each | $50,000 each |
5. Public Liability | ||
Option to increase Basic Limit of Liability up to a maximum of $2,000,000 Option to cover Hair Treatment Limit of Liability up to maximum $25,000 Option to cover Beauty Treatment Limit of Liability up to maximum $25,000 | $500,000 | $500,000 |
6. Work Injury Compensation (WIC) | Up to 3 employees | Up to 3 employees |
Option to increase Basic Total Number of Employees up to a maximum of 25 | ||
7. Goods In Transit | $2,500 | $2,500 |
8. Non-Production Machinery and Computer Breakdown including: Breakdown of machinery at the premises other than computer equipment | Not Applicable | $10,000 |
Breakdown of computer equipment at the premises | $10,000 (portable computer equipment up to $3,000) | |
Additional costs necessary to make temporary repairs and expedite permanent repairs or replacement of damaged propert | $5,000 | |
Debris removal | $5,000 or 20% of the loss whichever is lower | |
Repair investigation costs | $5,000 | |
9. Product Liability a. Accidental bodily injury to or illness of any person b. Accidental loss of or damage to property happening and arising out of products supplied in or from the Republic of Singapore in the course of the insured’s business | Not Applicable | $50,000 |
Standard Suite | Super Suite | |
(i) Basic Cover Annual Premium (with GST) | $310.30 | $372.36 |
(ii) Basic Cover No WICA Annual Premium (with GST) | $276.06 | $338.12 |
You may top up your coverage in accordance with your specific requirements and/or have your choice of Optional Covers, available as follows:
1. Fire and Extraneous Perils on Building | Up to S$2m | |
2. Fidelity Guarantee | ||
Minimum Limit: $5,000 any one occurrence and in the aggregate | $32.10 | |
Maximum Limit: $10,000 any one occurrence and in the aggregate | $53.50 |
For chain outlets, a perpetual multi-location discount is allowed:
Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of Health, Beauty or Spa businesses including:
Basic Cover | Standard Suite | Super Suite |
Basic Sum Insured/Limit | Basic Sum Insured/Limit | |
1. All Risks (Excess: $200 for each & every claim except fire, lightning & explosion) On Contents and Stock including: | $100,000 | $100,000 |
Theft of keys | $1,000 | $1,000 |
Property whilst at exhibitions anywhere within the Territorial Limits | $2,500 | $2,500 |
Seasonal stock increase | 25% of stock sum insured | 25% of stock sum insured |
Internal fixed plate glass | $2,500 | $2,500 |
External signs | $1,500 | $1,500 |
Cost of replacement of sanitary ware | $2,500 | $2,500 |
External blinds | $2,500 | $2,500 |
External glass | Cost of repair/replacement | Cost of repair/replacement |
Option to increase Basic Sum Insured up to a maximum of $3,000,000 | ||
2. Business Interruption (Time Excess: 24 hours for all claims) including: On Total Interruption to business resulting from loss or damage by perils insured as described under Section 1 – All Risks (up to 100 days) | $200 per day | $200 per day |
Book Debts | $5,000 | $5,000 |
Unspecified customers/suppliers | $5,000 | $5,000 |
Loss of gross profit and increased cost of working following machinery or computer breakdown (applicable only for Super Suite Plan) | Not Applicable | $20,000 |
Transit | $5,000 | $5,000 |
Option to increase Basic Daily Benefit up to a maximum of $500 per day | ||
3. Money | ||
a. Money in Transit, in the premises during business hours, and in any bank’s night safe | $5,000 | $5,000 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
b. Money in a locked unspecified safe outside business hours | $2,500 | $2,500 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
c. Money at the private residence of the Insured or an Employee and at the premises outside of business hours not in a locked safe | $500 | $500 |
Optional covers available on request include: Money in ATMs | ||
Extension Malicious Attack Including: | ||
Death and disablement benefits following malicious attack | $10,000 | $10,000 |
Weekly disablement benefit following malicious attack | $100 per week up to 104 weeks | $100 per week up to 104 weeks |
4. Personal Accident On the life of (up to 2) named proprietor partner(s) / director(s) a. Death/Permanent Disablement Option to increase Basic Sum Insured up to 25 persons up to maximum $300,000 per person Class I Persons engaged in professional, administrative, managerial, clerical and non manual occupation generally Class II Persons engaged in work of a supervisory nature and occasionally engaged in manual work Class III Persons engaged in manual work not of particularly hazardous nature but involving use of tools or machinery | $50,000 each | $50,000 each |
5. Public Liability | $500,000 | $500,000 |
Food Poisioning | $250,000 | |
Option to increase Basic Limit of Liability up to a maximum of $5,000,000 | ||
6. Work Injury Compensation (WIC) | Up to 3 employees | Up to 3 employees |
Option to increase Basic Total Number of Employees up to a maximum of 25 | ||
7. Goods In Transit | $2,500 | $2,500 |
8. Non-Production Machinery and Computer Breakdown including: Breakdown of machinery at the premises other than computer equipment | Not Applicable | $10,000 |
Breakdown of computer equipment at the premises | $10,000 (portable computer equipment up to $3,000) | |
Additional costs necessary to make temporary repairs and expedite permanent repairs or replacement of damaged propert | $5,000 | |
Debris removal | $5,000 or 20% of the loss whichever is lower | |
Repair investigation costs | $5,000 | |
9. Product Liability a. Accidental bodily injury to or illness of any person b. Accidental loss of or damage to property happening and arising out of products supplied in or from the Republic of Singapore in the course of the insured’s business | Not Applicable | $50,000 |
Standard Suite | Super Suite | |
(i) Basic Cover Annual Premium (with GST) | $313.51 Learning Centre | $329.56 Learning Centre |
$313.51 Childcare | $490.06 Childcare | |
(ii) Basic Cover No WICA Annual Premium (with GST) | $270.71 Learning Centre | $286.76 Learning Centre |
$270.71 Childcare | $447.26 Childcare |
You may top-up your coverage in accordance with your specific requirements and/or have your choice of Optional Covers, available as follows:
1. Fire and Extraneous Perils on Building | Up to S$2m | |
2. Fidelity Guarantee | ||
Minimum Limit: $5,000 any one occurrence and in the aggregate | $32.10 | |
Maximum Limit: $10,000 any one occurrence and in the aggregate | $53.50 |
For chain outlets, a perpetual multi-location discount is allowed:
Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of education establishments including:
Basic Cover | Standard Suite | Super Suite |
Basic Sum Insured/Limit | Basic Sum Insured/Limit | |
1. All Risks (Excess: $200 for each & every claim except fire, lightning & explosion) On Contents and Stock including: | $100,000 | $100,000 |
Theft of keys | $1,000 | $1,000 |
Property whilst at exhibitions anywhere within the Territorial Limits | $2,500 | $2,500 |
Seasonal stock increase | 25% of stock sum insured | 25% of stock sum insured |
Internal fixed plate glass | $2,500 | $2,500 |
External signs | $1,500 | $1,500 |
Cost of replacement of sanitary ware | $2,500 | $2,500 |
External blinds | $2,500 | $2,500 |
External glass | Cost of repair/replacement | Cost of repair/replacement |
2. Business Interruption (Time Excess: 24 hours for all claims) including: On Total Interruption to business resulting from loss or damage by perils insured as described under Section 1 – All Risks (up to 100 days) | $200 per day | $200 per day |
Book Debts | $5,000 | $5,000 |
Unspecified customers/suppliers | $5,000 | $5,000 |
Loss of gross profit and increased cost of working following machinery or computer breakdown (applicable only for Super Suite Plan) | Not Applicable | $20,000 |
Transit | $5,000 | $5,000 |
Option to increase Basic Daily Benefit up to a maximum of $500 per day | ||
3. Money | ||
a. Money in Transit, in the premises during business hours, and in any bank’s night safe | $5,000 | $5,000 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
b. Money in a locked unspecified safe outside business hours | $2,500 | $2,500 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
c. Money at the private residence of the Insured or an Employee and at the premises outside of business hours not in a locked safe | $500 | $500 |
Optional covers available on request include: Money in ATMs | ||
Extension Malicious Attack Including: | ||
Death and disablement benefits following malicious attack | $10,000 | $10,000 |
Weekly disablement benefit following malicious attack | $100 per week up to 104 weeks | $100 per week up to 104 weeks |
4. Personal Accident On the life of (up to 2) named proprietor partner(s) / director(s) a. Death/Permanent Disablement Option to increase Basic Sum Insured up to 25 persons up to maximum $300,000 per person Class I Persons engaged in professional, administrative, managerial, clerical and non manual occupation generally Class II Persons engaged in work of a supervisory nature and occasionally engaged in manual work Class III Persons engaged in manual work not of particularly hazardous nature but involving use of tools or machinery | $50,000 each | $50,000 each |
5. Public Liability | $500,000 | $500,000 |
Food Poisioning | $250,000 | |
Option to increase Basic Limit of Liability up to a maximum of $5,000,000 | ||
6. Work Injury Compensation (WIC) | Up to 3 employees | Up to 3 employees |
Option to increase Basic Total Number of Employees up to a maximum of 25 | ||
7. Goods In Transit | $2,500 | $2,500 |
8. Non-Production Machinery and Computer Breakdown including: Breakdown of machinery at the premises other than computer equipment | Not Applicable | $10,000 |
Breakdown of computer equipment at the premises | $10,000 (portable computer equipment up to $3,000) | |
Additional costs necessary to make temporary repairs and expedite permanent repairs or replacement of damaged propert | $5,000 | |
Debris removal | $5,000 or 20% of the loss whichever is lower | |
Repair investigation costs | $5,000 | |
9. Product Liability a. Accidental bodily injury to or illness of any person b. Accidental loss of or damage to property happening and arising out of products supplied in or from the Republic of Singapore in the course of the insured’s business | Not Applicable | $50,000 |
Standard Suite | Super Suite | |
(i) Basic Cover Annual Premium (with GST) | $444.05 Restaurant | $518.95 Restaurant |
$311.37 Foodcourt | $363.80 Foodcourt | |
$255.73 Stallholder | $298.53 Stallholder | |
$1,110.66 Pub | $1,297.91 Pub | |
(ii) Basic Cover No WICA Annual Premium (with GST) | $362.73 Restaurant | $437.63 Restaurant |
$253.59 Foodcourt | $306.02 Foodcourt | |
$208.65 Stallholder | $251.45 Stallholder | |
$905.22 Pub | $1,092.47 Pub |
You may top-up your coverage in accordance with your specific requirements and/or have your choice of Optional Covers, available as follows:
1. Fire and Extraneous Perils on Building | Up to S$2m | |
2. Fidelity Guarantee | ||
Minimum Limit: $5,000 any one occurrence and in the aggregate | $32.10 | |
Maximum Limit: $10,000 any one occurrence and in the aggregate | $53.50 |
For chain outlets, a perpetual multi-location discount is allowed:
Classes of pubs that are eligible are classified as follows:
Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of F&B establishments, including:
Basic Cover | Standard Suite | Super Suite |
Basic Sum Insured/Limit | Basic Sum Insured/Limit | |
1. All Risks (Excess: $200 for each & every claim except fire, lightning & explosion) On Contents and Stock including: | $100,000 | $100,000 |
Theft of keys | $1,000 | $1,000 |
Property whilst at exhibitions anywhere within the Territorial Limits | $2,500 | $2,500 |
Seasonal stock increase | 25% of stock sum insured | 25% of stock sum insured |
Internal fixed plate glass | $2,500 | $2,500 |
External signs | $1,500 | $1,500 |
Cost of replacement of sanitary ware | $2,500 | $2,500 |
External blinds | $2,500 | $2,500 |
External glass | Cost of repair/replacement | Cost of repair/replacement |
Option to increase Basic Sum Insured up to a maximum of $3,000,000 | ||
2. Business Interruption (Time Excess: 24 hours for all claims) including: On Total Interruption to business resulting from loss or damage by perils insured as described under Section 1 – All Risks (up to 100 days) | $200 per day | $200 per day |
Book Debts | $5,000 | $5,000 |
Unspecified customers/suppliers | $5,000 | $5,000 |
Loss of gross profit and increased cost of working following machinery or computer breakdown (applicable only for Super Suite Plan) | Not Applicable | $20,000 |
Transit | $5,000 | $5,000 |
Option to increase Basic Daily Benefit up to a maximum of $500 per day | ||
3. Money | ||
a. Money in Transit, in the premises during business hours, and in any bank’s night safe | $5,000 | $5,000 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
b. Money in a locked unspecified safe outside business hours | $2,500 | $2,500 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
c. Money at the private residence of the Insured or an Employee and at the premises outside of business hours not in a locked safe | $500 | $500 |
Optional covers available on request include: Money in ATMs | ||
Extension Malicious Attack Including: | ||
Death and disablement benefits following malicious attack | $10,000 | $10,000 |
Weekly disablement benefit following malicious attack | $100 per week up to 104 weeks | $100 per week up to 104 weeks |
4. Personal Accident On the life of (up to 2) named proprietor partner(s) / director(s) a. Death/Permanent Disablement Option to increase Basic Sum Insured up to 25 persons up to maximum $300,000 per person Class I Persons engaged in professional, administrative, managerial, clerical and non manual occupation generally Class II Persons engaged in work of a supervisory nature and occasionally engaged in manual work Class III Persons engaged in manual work not of particularly hazardous nature but involving use of tools or machinery | $50,000 each | $50,000 each |
5. Public Liability | $500,000 | $500,000 |
Food Poisioning | $100,000 | |
Option to increase Basic Limit of Liability up to a maximum of $5,000,000 | ||
6. Work Injury Compensation (WIC) | Up to 3 employees | Up to 3 employees |
Option to increase Basic Total Number of Employees up to a maximum of 25 | ||
Management/ Admin/ Accountant | ||
Outdoor Sales/ Supervisor/ Retail Staff/ Cashier/ Teacher | ||
Service & Kitchen/ Engineer & Technician/ Cleaner/ General Staff | ||
Driver/ Delivery/ Dispatch | ||
7. Goods In Transit | $2,500 | $2,500 |
8. Non-Production Machinery and Computer Breakdown including: Breakdown of machinery at the premises other than computer equipment | Not Applicable | $10,000 |
Breakdown of computer equipment at the premises | $10,000 (portable computer equipment up to $3,000) | |
Additional costs necessary to make temporary repairs and expedite permanent repairs or replacement of damaged propert | $5,000 | |
Debris removal | $5,000 or 20% of the loss whichever is lower | |
Repair investigation costs | $5,000 | |
9. Product Liability a. Accidental bodily injury to or illness of any person b. Accidental loss of or damage to property happening and arising out of products supplied in or from the Republic of Singapore in the course of the insured’s business | Not Applicable | $50,000 |
Standard Suite | Super Suite | |
(i) Basic Cover Annual Premium (with GST) | $936.25 Light Industries | $1,064.65 Light Industries |
$983.33 Wholesale | $1,133.13 Wholesale | |
(ii) Basic Cover No WICA Annual Premium (with GST) | $531.79 Light Industries | $660.19 Light Industries |
$558.54 Wholesale | $708.34 Wholesale |
You may top-up your coverage in accordance with your specific requirements and/or have your choice of Optional Covers, available as follows:
1. Fire and Extraneous Perils on Building | Up to S$2m | |
2. Fidelity Guarantee | ||
Minimum Limit: $5,000 any one occurrence and in the aggregate | $37.45 | |
Maximum Limit: $10,000 any one occurrence and in the aggregate | $58.85 |
For chain outlets, a perpetual multi-location discount is allowed:
Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of Light Industry businesses, including:
Basic Cover | Standard Suite | Super Suite |
Basic Sum Insured/Limit | Basic Sum Insured/Limit | |
1. All Risks (Excess: $200 for each & every claim except fire, lightning & explosion) On Contents and Stock including: | $100,000 | $100,000 |
Theft of keys | $1,000 | $1,000 |
Property whilst at exhibitions anywhere within the Territorial Limits | $2,500 | $2,500 |
Internal fixed plate glass | $2,500 | $2,500 |
External signs | $1,500 | $1,500 |
Cost of replacement of sanitary ware | $2,500 | $2,500 |
External blinds | $2,500 | $2,500 |
External glass | Cost of repair/replacement | Cost of repair/replacement |
Option to increase Basic Sum Insured up to a maximum of $3,000,000 | ||
2. Business Interruption (Time Excess: 24 hours for all claims) including: On Total Interruption to business resulting from loss or damage by perils insured as described under Section 1 – All Risks (up to 100 days) | $200 per day | $200 per day |
Book Debts | $5,000 | $5,000 |
Unspecified customers/suppliers | $5,000 | $5,000 |
Loss of gross profit and increased cost of working following machinery or computer breakdown (applicable only for Super Suite Plan) | Not Applicable | $20,000 |
Transit | $5,000 | $5,000 |
Option to increase Basic Daily Benefit up to a maximum of $500 per day | ||
3. Money | ||
a. Money in Transit, in the premises during business hours, and in any bank’s night safe | $5,000 | $5,000 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
b. Money in a locked unspecified safe outside business hours | $2,500 | $2,500 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
c. Money at the private residence of the Insured or an Employee and at the premises outside of business hours not in a locked safe | $500 | $500 |
Optional covers available on request include: Money in ATMs | ||
Extension Malicious Attack Including: | ||
Death and disablement benefits following malicious attack | $10,000 | $10,000 |
Weekly disablement benefit following malicious attack | $100 per week up to 104 weeks | $100 per week up to 104 weeks |
4. Personal Accident On the life of (up to 2) named proprietor partner(s) / director(s) a. Death/Permanent Disablement Option to increase Basic Sum Insured up to 25 persons up to maximum $300,000 per person Class I Persons engaged in professional, administrative, managerial, clerical and non manual occupation generally Class II Persons engaged in work of a supervisory nature and occasionally engaged in manual work Class III Persons engaged in manual work not of particularly hazardous nature but involving use of tools or machinery | $50,000 each | $50,000 each |
5. Public Liability | $500,000 | $500,000 |
Food Poisioning | $100,000 | |
Option to increase Basic Limit of Liability up to a maximum of $5,000,000 | ||
6. Work Injury Compensation (WIC) | Up to 3 employees | Up to 3 employees |
Option to increase Basic Total Number of Employees up to a maximum of 25 | ||
7. Goods In Transit | $2,500 | $2,500 |
8. Non-Production Machinery and Computer Breakdown including: Breakdown of machinery at the premises other than computer equipment | Not Applicable | $10,000 |
Breakdown of computer equipment at the premises | $10,000 (portable computer equipment up to $3,000) | |
Additional costs necessary to make temporary repairs and expedite permanent repairs or replacement of damaged propert | $5,000 | |
Debris removal | $5,000 or 20% of the loss whichever is lower | |
Repair investigation costs | $5,000 | |
9. Product Liability a. Accidental bodily injury to or illness of any person b. Accidental loss of or damage to property happening and arising out of products supplied in or from the Republic of Singapore in the course of the insured’s business | Not Applicable | $50,000 |
Standard Suite | Super Suite | |
(i) Basic Cover Annual Premium (with GST) | $240.75 | $283.55 |
(ii) Basic Cover No WICA Annual Premium (with GST) | $184.04 | $226.84 |
You may top-up your coverage in accordance with your specific requirements and/or have your choice of Optional Covers, available as follows:
1. Fire and Extraneous Perils on Building | Up to S$2m | |
2. Fidelity Guarantee | ||
Minimum Limit: $5,000 any one occurrence and in the aggregate | $29.43 | |
Maximum Limit: $10,000 any one occurrence and in the aggregate | $48.15 |
For chain outlets, a perpetual multi-location discount is allowed:
Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of office-based businesses including:
Basic Cover | Standard Suite | Super Suite |
Basic Sum Insured/Limit | Basic Sum Insured/Limit | |
1. All Risks (Excess: $200 for each & every claim except fire, lightning & explosion) On Contents and Stock including: | $100,000 | $100,000 |
Theft of keys | $1,000 | $1,000 |
Property whilst at exhibitions anywhere within the Territorial Limits | $2,500 | $2,500 |
Seasonal stock increase | 25% of stock sum insured | 25% of stock sum insured |
Internal fixed plate glass | $2,500 | $2,500 |
External signs | $1,500 | $1,500 |
Cost of replacement of sanitary ware | $2,500 | $2,500 |
External blinds | $2,500 | $2,500 |
External glass | Cost of repair/replacement | Cost of repair/replacement |
Option to increase Basic Sum Insured up to a maximum of $3,000,000 | ||
2. Business Interruption (Time Excess: 24 hours for all claims) including: On Total Interruption to business resulting from loss or damage by perils insured as described under Section 1 – All Risks (up to 100 days) | $200 per day | $200 per day |
Book Debts | $5,000 | $5,000 |
Unspecified customers/suppliers | $5,000 | $5,000 |
Loss of gross profit and increased cost of working following machinery or computer breakdown (applicable only for Super Suite Plan) | Not Applicable | $20,000 |
Transit | $5,000 | $5,000 |
Option to increase Basic Daily Benefit up to a maximum of $500 per day | ||
3. Money | ||
a. Money in Transit, in the premises during business hours, and in any bank’s night safe | $5,000 | $5,000 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
b. Money in a locked unspecified safe outside business hours | $2,500 | $2,500 |
Option to increase Basic Sum Insured up to a maximum of $10,000 | ||
c. Money at the private residence of the Insured or an Employee and at the premises outside of business hours not in a locked safe | $500 | $500 |
Optional covers available on request include: Money in ATMs | ||
Extension Malicious Attack Including: | ||
Death and disablement benefits following malicious attack | $10,000 | $10,000 |
Weekly disablement benefit following malicious attack | $100 per week up to 104 weeks | $100 per week up to 104 weeks |
4. Personal Accident On the life of (up to 2) named proprietor partner(s) / director(s) a. Death/Permanent Disablement Option to increase Basic Sum Insured up to 25 persons up to maximum $300,000 per person Class I Persons engaged in professional, administrative, managerial, clerical and non manual occupation generally Class II Persons engaged in work of a supervisory nature and occasionally engaged in manual work Class III Persons engaged in manual work not of particularly hazardous nature but involving use of tools or machinery | $50,000 each | $50,000 each |
5. Public Liability | $500,000 | $500,000 |
Food Poisioning | $100,000 | |
Option to increase Basic Limit of Liability up to a maximum of $5,000,000 | ||
6. Work Injury Compensation (WIC) | Up to 3 employees | Up to 3 employees |
Option to increase Basic Total Number of Employees up to a maximum of 25 | ||
7. Goods In Transit | $2,500 | $2,500 |
8. Non-Production Machinery and Computer Breakdown including: Breakdown of machinery at the premises other than computer equipment | Not Applicable | $10,000 |
Breakdown of computer equipment at the premises | $10,000 (portable computer equipment up to $3,000) | |
Additional costs necessary to make temporary repairs and expedite permanent repairs or replacement of damaged propert | $5,000 | |
Debris removal | $5,000 or 20% of the loss whichever is lower | |
Repair investigation costs | $5,000 | |
9. Product Liability a. Accidental bodily injury to or illness of any person b. Accidental loss of or damage to property happening and arising out of products supplied in or from the Republic of Singapore in the course of the insured’s business | Not Applicable | $50,000 |
Standard Suite | Super Suite | |
(i) Basic Cover Annual Premium (with GST) | $379.85 | $492.20 |
(ii) Basic Cover No WICA Annual Premium (with GST) | $318.86 | $431.21 |
You may top-up your coverage in accordance with your specific requirements and/or have your choice of Optional Covers, available as follows:
1. Fire and Extraneous Perils on Building | Up to S$2m | |
2. Fidelity Guarantee | ||
Minimum Limit: $5,000 any one occurrence and in the aggregate | $32.10 | |
Maximum Limit: $10,000 any one occurrence and in the aggregate | $53.50 |
For chain outlets, a perpetual multi-location discount is allowed:
Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of retail businesses, including:
Important Notes
These policies are underwritten by Etiqa Insurance Pte. Ltd. This content is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract. This policies are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the GIA or SDIC web-sites (www.gia.org.sg or www.sdic.org.sg). This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information is accurate as at 20 July 2019
Please contact us for a non-obligatory consultation.