Commercial Lines Insurance
Fire Insurance
Fire is the most common accident anywhere in homes, office and in the factory. You can lose everything you own without any hope of compensation when the accident occurs.
The fire insurance covers the loss or damage to the property caused by fire or lightning and thus helps you to build your assets and inventory lost in the unfortunate and unforeseeable incident.
Basic Coverage:
- Loss or damage caused by fire, lightning, explosion, strike & riot
- Malicious damage
- Aircraft damage / Impact damage
- Bursting & overflowing of water pipes
- Earthquake, windstorm & flood
Theft / Burglary
Basic Coverage:
- Loss or damage following actual forcible & violent entry of the premises
- Including any damage as consequence of such forcible violent entry
All Risks Insurance
Basic Coverage:
Loss or damage caused by fire, theft, accident and/or misfortune.
Money Insurance
Basic Coverage:
Lost in transit anywhere in Singapore or while locked in safe / drawer in business premises.
Workmen's Compensation Insurance
Compulsory insurance which you have to take up for your manual workers.
Provides payment for accidental bodily injury and/or disease sustained by your employees whilst in the course of your employment.
Basic Coverage:
- Liability under Workmen's Compensation Act
- Common Law for death or bodily injury to employees
Public Liability Insurance
A person who has committed a tort (civil wrong) can be found legally liable to pay damages to another person who suffers injury or loss as a result of the wrong.
Basic Coverage:
Legal liabilities to pay compensation for death and/or accident bodily injury caused to third parties, loss of or damage to third party property.
Fidelity Guarantee Insurance
Basic Coverage:
Financial loss or loss of goods belonging to employers or which they are responsible as a result of dishonest acts of fraud by an employee.
Plate Glass Insurance
Basic Coverage:
Accidental breakage of fixed glass in windows, doors & frontage of premises including showcases and counter-tops.
Business / Office / Retail Package Insurance
Basic Coverage:
- Fire and extra perils
- Theft
- Money
- Workmen's Compensation
- Public liability
- Plate glass
- Business Interruption
- Fidelity guarantee
- Personal accident
- Bond Guarantee Insurance
- License Guarantee Insurance
- Rental Deposit Insurance
Bond / Guarantee Insurance
Basic Coverage:
- Fire and extra perils
- Theft
- Money
- Workmen's Compensation
- Public liability
- Plate glass
- Business Interruption
- Fidelity guarantee
- Personal accident
- Bond Guarantee Insurance
- License Guarantee Insurance
- Rental Deposit Insurance
Contractor's Renovation / License Guarantee
Basic Coverage:
- Fire and extra perils
- Theft
- Money
- Workmen's Compensation
- Public liability
- Plate glass
- Business Interruption
- Fidelity guarantee
- Personal accident
- Bond Guarantee Insurance
- License Guarantee Insurance
- Rental Deposit Insurance
Rental Deposit Guarantee
Basic Coverage:
- Fire and extra perils
- Theft
- Money
- Workmen's Compensation
- Public liability
- Plate glass
- Business Interruption
- Fidelity guarantee
- Personal accident
- Bond Guarantee Insurance
- License Guarantee Insurance
- Rental Deposit Insurance
Contractors All Risks
Basic Coverage:
Loss / damage to building / civil engineering projects under construction, contract works and all other materials on site as well as legal liability to third parties arising out of the performance of the contract.
Erection All Risks
Basic Coverage:
Loss / damage to engineering projects in the course of installation or erection.
Consequential Loss (Loss of Profits)
Basic Coverage:
Loss of net profit and fixed charges following interruption of business caused by insured perils.
Pleasure Craft Insurance
Basic Coverage:
- For Boat
- All physical loss of or damage to the craft arising from any external accidental cause
- Trailer: Loss or damage to trailers in the course of transit
- Transit risk: Loss or damage to craft during land transit
- Pollution risk: Free cover for marine seepage and oil pollution
For Yourself
- Personal accident
- Personal effects
- Medical expenses
For your passengers
- Free third party liability
- Free personal accident
Optional Covers
- Racing Risk
- Sport Risk
- Safeboating Discount - Applicable to comprehensive coverage only
Marine Hull
Covers the loss and damage caused to the hull during the policy period which may be defined in terms of time (a period of time) or in term of voyage (from a place to another irrespective of time). For a Construction Policy, it insures the vessel; during construction until final delivery.
Basic Coverage:
- Hull and machinery including liability
- Disbursements
- Increase value
- Managers' commission
- Chartered freight
- Charter hire
- Insurance premiums
- Return premium
Marine Cargo
Covers loss or damage to goods whilst in transit by sea, air or rail.
Basic Coverage:
- the Cargo itself
- Increased value (applies to certain commodities where prices are volatile)
- Custom duties.