Business Owners Super Suite

Our Business Owners Super Suite packages are specially tailored to cater to the needs of small to medium size business for various trades.

Etiqa Insurance Business Owners Super Suite – Personal Services is specifically designed for small and medium businesses carrying out Personal Care Services.

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 $5,000 $5,000
a. Money in Transit, in the premises during business hours, and in any bank’s night safe $2,500 $2,500
Option to increase Basic Sum Insured up to a maximum of $10,000
b. Money in a locked unspecified safe outside business hours $500 $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 Poisoning $500,000
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 property $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 (excluding GST) $290 $348
(ii) Basic Cover No WICA Annual Premium (excluding GST) $258 $316

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 On Building Up to S$2m
2. Fidelity Guarantee
Minimum Limit: $5,000 any one occurrence and in the aggregate $30 $30
Maximum Limit: $10,000 any one occurrence and in the aggregate $50 $50

Special Benefits – Multi-Location Discount

For chain outlets, a perpetual multi-location discount is allowed:

  • Second Outlet – 5%
  • Third Outlet and Beyond – 10%

Business Owners Super Suite – Personal Services Brochure
Business Owners Super Suite – Personal Services Policy Wording
Business Owners Super Suite – Personal Services Proposal Form

Eligibility for Business Owners Package – Personal Services

  1. Businesses with annual turnover up to S$25,000,000 or Employment size not more than 25 employees
  2. Nature of business is Personal Services.
  3. Establishments that render Professional and/or Personal Services in Personal Care such as hair and beauty salons, manicures & pedicures, foot reflexology, fitness centres and gymnasiums or Health care such as medical clinics, traditional Chinese medicine clinics and Chinese Physician clinics (registered with Ministry of Health) or Biz care such as bridal studio, photographic studio, laundry & dry cleaning.

Who do we cover?

Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of Health, Beauty or Spa businesses including:

  • Beauty and Hair Salons
  • Spas and Foot Reflexology Clinics
  • Weight Loss and Slimming Centres
  • Manicure and Pedicure Parlours
  • Makeover Services
  • Clinic & Medical Centre (Contagious and Infectious Disease Extension is not applicable)
  • Beauty & Wellness
  • Fitness Centre
  • Beauty Parlours: No tanning booths
  • Funeral Homes or Chapels: No crematoriums
  • Nail Salons: No tanning booths

Etiqa Insurance Business Owners Super Suite – Education has all the covers needed to run small and medium sized businesses carrying out Education Centres.

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 $5,000 $5,000
a. Money in Transit, in the premises during business hours, and in any bank’s night safe $2,500 $2,500
Option to increase Basic Sum Insured up to a maximum of $10,000
b. Money in a locked unspecified safe outside business hours $500 $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 property $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 (excluding GST) $293 Learning Centre $308 Learning Centre
$293 Childcare $458 Childcare
(ii) Basic Cover No WICA Annual Premium (excluding GST) $253 Learning Centre $268 Learning Centre
$253 Childcare $418 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 On Building Up to S$2m
2. Fidelity Guarantee
Minimum Limit: $5,000 any one occurrence and in the aggregate $30 $30
Maximum Limit: $10,000 any one occurrence and in the aggregate $50 $50

Special Benefits – Multi-Location Discount

For chain outlets, a perpetual multi-location discount is allowed:

  • Second Outlet – 5%
  • Third Outlet and Beyond – 10%

Business Owners Super Suite – Education Brochure
Business Owners Super Suite – Education Policy Wording
Business Owners Super Suite – Education Proposal Form

Eligibility for Business Owners Package – Education

  1. Businesses with annual turnover up to S$25,000,000 or Employment size not more than 25 employees
  2. Nature of business is Education.
  3. Establishments that render Professional and/or Personal Services in Education Care such as childcare/tuition/language centres.

Who do we cover?

Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of education establishments including:

  • Learning Centres
  • Childcare Centres
  • Tuition Centres
  • Commercial Schools
  • Children’s Enrichment Classes
  • Music, Dance and Ballet Schools
  • Art or Fashion Schools

Etiqa Insurance Business Owners Super Suite – Pub & Restaurant is catered specially for small and medium sized businesses carrying out food and beverage operations.

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
External glass
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 $5,000 $5,000
a. Money in Transit, in the premises during business hours, and in any bank’s night safe $2,500 $2,500
Option to increase Basic Sum Insured up to a maximum of $10,000
b. Money in a locked unspecified safe outside business hours $500 $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 Poisoning $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 property $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 (excluding GST) $415 Restaurant $485 Restaurant
$291 Foodcourt $340 Foodcourt
$239 Stallholder $279 Stallholder
$1,038 Pub $1,213 Pub
(ii) Basic Cover No WICA Annual Premium (excluding GST) $339 Restaurant $409 Restaurant
$237 Foodcourt $286 Foodcourt
$195 Stallholder $235 Stallholder
$846 Pub $1,021 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 On Building Up to S$2m
2. Fidelity Guarantee
Minimum Limit: $5,000 any one occurrence and in the aggregate $30 $30
Maximum Limit: $10,000 any one occurrence and in the aggregate $50 $50

Special Benefits – Multi-Location Discount

For chain outlets, a perpetual multi-location discount is allowed:

  • Second Outlet – 5%
  • Third Outlet and Beyond – 10%

Business Owners Super Suite – Pub & Restaurant Brochure
Business Owners Super Suite – Pub & Restaurant Policy Wording
Business Owners Super Suite – Pub & Restaurant Proposal Form

Eligibility for Business Owners Package – Pub & Restaurant

  1. Businesses with annual turnover up to S$25,000,000 or Employment size not more than 25 employees
  2. Nature of business is Pub & Restaurant
  3. Restaurants – Establishments that sell foodstuff (including beverages) for consumption at the premises providing dedicated and exclusive dining-in facilities. These would include cafes, coffee houses and bistros
  4. Foodcourt – Establishments that sells foodstuff (including beverages) for consumption at the premises with dining-in facilities which are group together and located in large shopping centres and whole shop lots. These would also include stallholders in the food court, hawker centres and canteens.
  5. Pub – Establishments that is licensed to sell alcoholic drinks, which traditionally include beer, ale and similar drinks. It is often a place to drink but may serve food like meals and snacks.

Classes of pubs that are eligible are classified as follows:

  • Standard – Wet led with limited food provision, no entertainment with URA’s approved pub licences
  • Non Standard – Wet and food led, various entertainments to include karaoke, singers, bands DJ, any form of dancing with URA’s approved
    pub licences
  • Decline risks – Wet, food and entertainment led with heavy entertainment and late licences with door staff and door charges. Heavy
    entertainment would include discos/bands with dancing facilities on a regular (weekly) basis with opening hours usually past 1am.

Who do we cover?

Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of F&B establishments, including:

  • Restaurants and cafés
  • Food courts and food court stalls
  • Pubs
  • Dining places and takeaway shops
  • Stallholders
  • Coffee shops, ice cream shops and bubble tea operations
  • Catering services and canteen operations
  • Pubs and public houses
  • Gastro pubs and ‘wet and dry’ pubs
  • Wine bars
  • Pubs and bars with late licences/entertainment

Etiqa Insurance Business Owners Super Suite – Light Industries is specially designed for small and medium sized businesses carrying manufacturing and assembly of goods and / or storage of goods in a light industrial building designated for such operations.

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 $5,000 $5,000
a. Money in Transit, in the premises during business hours, and in any bank’s night safe $2,500 $2,500
Option to increase Basic Sum Insured up to a maximum of $10,000
b. Money in a locked unspecified safe outside business hours $500 $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 Poisoning $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

Excluding Welders/Cutters/Metal Workers

 Up to 3 employees

Excluding Welders/Cutters/Metal Workers
Option to increase Basic Total Number of Employees up to a maximum of 25
Adminstration
Engineer & Technician/Supervisor
Welders/Cutters/ Metal Workers
Others
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 property $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 (excluding GST) $875 Light Industries $995 Light Industries
$919 Wholesale $1,059 Wholesale
(ii) Basic Cover No WICA Annual Premium (excluding GST) $497 Light Industries $617 Light Industries
$522 Wholesale $662Wholesale

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 On Building Up to S$2m
2. Fidelity Guarantee
Minimum Limit: $5,000 any one occurrence and in the aggregate $30 $30
Maximum Limit: $10,000 any one occurrence and in the aggregate $50 $50

Special Benefits – Multi-Location Discount

For chain outlets, a perpetual multi-location discount is allowed:

  • Second Outlet – 5%
  • Third Outlet and Beyond – 10%

Business Owners Super Suite – Light Industries Brochure
Business Owners Super Suite – Light Industries Policy Wording
Business Owners Super Suite – Light Industries Proposal Form

Eligibility for Business Owners Package – Light Industries

  1. Businesses with annual turnover up to S$25,000,000 or Employment size not more than 25 employees
  2. Nature of business is Light Industries.
  3. Establishments that produces small consumer-oriented products light industries includes the manufacturing of foods, beverages, personal care and home care products, cosmetics, drugs, clothes & shoes, furniture, consumer electronics and home appliances.
  4. Establishments that sells goods in large amounts to other businesses other than individual customers acting as Wholesalers with storage of own stocks in their premises

Who do we cover?

Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of Light Industry businesses, including:

  • Wholesalers and Distributors
  • Packaging
  • Pharmacies
  • Electronics
  • Cosmetics
  • Fashion and Textiles
  • Printing
  • Security Firms (Unarmed Guards only)
  • Landscaping
  • Facility Management

Etiqa Insurance Business Owners Super Suite – Office has all the covers needed to run small and medium sized businesses carrying out office operations.

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 $5,000 $5,000
a. Money in Transit, in the premises during business hours, and in any bank’s night safe $2,500 $2,500
Option to increase Basic Sum Insured up to a maximum of $10,000
b. Money in a locked unspecified safe outside business hours $500 $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 Poisoning $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 property $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 (excluding GST) $225 $265
(ii) Basic Cover No WICA Annual Premium (excluding GST) $172 $212

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 On Building Up to S$2m
2. Fidelity Guarantee
Minimum Limit: $5,000 any one occurrence and in the aggregate $30 $30
Maximum Limit: $10,000 any one occurrence and in the aggregate $50 $50

Special Benefits – Multi-Location Discount

For chain outlets, a perpetual multi-location discount is allowed:

  • Second Outlet – 5%
  • Third Outlet and Beyond – 10%

Business Owners Super Suite – Office Brochure
Business Owners Super Suite – Office Policy Wording
Business Owners Super Suite – Office Proposal Form

Eligibility for Business Owners Package -Office

    1. Businesses with annual turnover up to S$25,000,000 or Employment size not more than 25 employees
    2. Nature of business is Office.
    3. Establishments that conduct their business in and from offices.

Who do we cover?

Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of office-based businesses including:

        • Management and Recruitment Consultants Safety Consultants
        • Accountants and IT Consultants
        • Software Designers
        • Architects and Engineers
        • Estate and Lettings Agencies
        • Financial Advisers
        • Insurance Brokers and Agents
        • Health and Safety Consultants
        • Marketing and Event Agencies

Etiqa Insurance Business Owners Super Suite – Retail is specifically designed for small and medium businesses carrying out retailer operations.

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 $5,000 $5,000
a. Money in Transit, in the premises during business hours, and in any bank’s night safe $2,500 $2,500
Option to increase Basic Sum Insured up to a maximum of $10,000
b. Money in a locked unspecified safe outside business hours $500 $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 Poisoning $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 property $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 (excluding GST) $355 $460
(ii) Basic Cover No WICA Annual Premium (excluding GST) $298 $403

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 On Building Up to S$2m
2. Fidelity Guarantee
Minimum Limit: $5,000 any one occurrence and in the aggregate $30 $30
Maximum Limit: $10,000 any one occurrence and in the aggregate $50 $50

Special Benefits – Multi-Location Discount

For chain outlets, a perpetual multi-location discount is allowed:

  • Second Outlet – 5%
  • Third Outlet and Beyond – 10%

Business Owners Super Suite – Retail Brochure
Business Owners Super Suite – Retail Policy Wording
Business Owners Super Suite – Retail Proposal Form

Eligibility for Business Owners Package -Retail

  1. Businesses with annual turnover up to S$25,000,000 or Employment size not more than 25 employees
  2. Nature of business is Retail.
  3. Establishments that sell consumer merchandise such as clothing, books & stationery, gifts & souvenirs, drugs & medical products.

Who do we cover?

Etiqa Insurance Business Owners Super Suite is designed to cover a wide range of retail businesses, including:

  • Supermarkets
  • Pharmacies
  • Electronics
  • Cosmetics
  • Fashion and Textiles
  • Bridal Studio
  • Toys and Games
  • Apparel & Gadgets

These products are covered under PPF Scheme.

Please contact us for a non-obligatory consultation.