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SMECare

The assurance you seek for your business

Take full control over your business

The assurance you seek for your business

Many small and medium enterprises (SMEs) in Singapore face mounting challenges in terms of high operational costs that include rent, labor and transportations.

In addition, no matter how strictly work health and safety measures are observed, SMEs cannot fully avoid accidents that may lead to financial losses. Loss of or damage to your property, death/injury to employees or claims from external parties, are just some accidents that can severely affect and cripple SMEs.

What your business needs is a cost effective and flexible insurance package specially tailored for you. If you are in the business of wholesale, manufacturing, or light industries, let SMECare help manage your risk exposures and protect both your livelihood and that of your employees.

 

Benefits at a Glance

  1. All Risks cover for all standard cases
  2. Increased coverage with lower rates for selected benefits
  3. Free Rental Expenses
  4. Include more headcount for Work Injury Compensation
  5. Include more trades

Summary of Benefits

Schedule of Benefits
Optional Coverage

Schedule of Benefits

Description of Benefits

Standard Plan
Sum Insured

Top-Up Rates

Maximum Limit

All Risks^ (for Contents)
(Sub-limit: Plate Glass S$25,000;
Full-theft (maximum 20% of the sum insured or S$100,000, whichever is lower))

(Excess: S$500 each and every loss)
S$100,000 S$21.40 for every S$10,000 S$3,000,000
Consequential Loss
(Excess: 3 days by order of Public Authority)

  • Due to insured perils under All Risks
S$250 per day up to 100 days S$10.70 for every S$50 per day S$500 per day
  • Cost of material and labor incurred caused by fire and/or extraneous perils
S$1,000
Rental Expenses S$200 per day up to 100 days N.A. N.A.
Money Insurance
a) In Transit S$5,000 S$5.35 for every S$500 S$10,000
b) In Premises During Business Hours S$5,000 S$10,000
c) In Premises Safe After Business Hours S$5,000 S$10,000
  • Sub-limit in locked drawer/cash register within insured premises
S$1,000 S$2,000
  • Sub-limit in locked drawer/cash register within registered directors’ residence
S$1,000 N.A. N.A.
Personal Accident
(Not exceeding 70 years of age)
S$50,000 or pro-rated if more than one insured person N.A. N.A.
Public Liability
(Excess S$500 each and every loss)
S$500,000 Any One Loss and unlimited during Any One Period S$80.25 for every S$500,000 S$5,000,000 Any One Loss and unlimited during Any One Period
Food & Beverage Extension
(Excess S$500 each and every loss)
S$50,000 Any One Loss and in the Aggregate S$26.75 for every S$50,000 S$150,000 Any One Loss and in the Aggregate
Goods-in-Transit
(Excess: S$250 each and every loss)
S$5,000 N.A. N.A.
Annual Premium S$513.60