If you are still searching for the right insurance plan, then your search ends here. We are a home grown general insurance agency providing you our valued customers a one-stop insurance solution. We represent China Taiping Insurance, OAC and AXA. Our company ROC number is 53057145E
Because we have done the work for you. At Vitesse, we pride ourselves in providing our customers with quick hassle free service, at competitive prices. Our commitment is to provide customers with the best value and service available, helping thousands like you find the right insurance to suit your requirements, whether for the individual or corporate customer. We have done the searching for you
We endeavour to provide you with the best insurance quote. We understand the value of a loyal and dedicated relationship. Our goal is to provide exceptional service with integrity and accountability in order to repeatedly earn your trust and business.
You will get our fullest attention on each and every enquiry
Introducing our newly enhanced benefit, you can whiz through your motoring needs with a peace of mind. To meet your preferences at an affordable premium for added protection, we offer a choice of two comprehensive plans: AutoExcel and AutoSafe
It is agreed that the 50% No Claim Discount (NCD) entitlement in this policy is protected as follows:
No. of claims made or arisen during the period of insurance | NCD entitlement on renewal of the policy |
ONE | 50% |
TWO | 20% |
THREE OR MORE | NIL |
An additional premium of S$80 + GST is charged.
It is hereby noted that this Protected No Claim Discount Entitlement is not transferable.
We do not believe in price war. Our motor rates are priced according to our statistical records. We do offer competitive ratings on some selected continental cars and matured (age 35 to 49) drivers.
We shall only consider claims for modified cars on the following conditions:
Such modifications does not require LTA’s approval (refer to LTA’s website as guide) the modification is not the proximate cause of the loss / accident The damaged modified parts shall be replaced by original factory fitted parts. The Company shall have the final decision on the type of parts to be indemnified.
No claims is payable if the vehicle’s modification requires LTA’s approval or any modifications not approved by LTA.
With an additional premium of S$150 + GST, the policy would extend to cover the following:-
Put your mind at ease with our enhanced UniHome Safe insurance. We have new benefits and features and an even better plan to suit your needs! For as little as $0.38 a day, you can enjoy the little comforts of the sanctuary you call home, knowing that you are well protected by a comprehensive home protection plan.
Enjoy 25% Savings when you buy single-trip Travel Safe online.
New Benefits | Extended Benefits |
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SECTION | COVERAGE | MAXIMUM BENEFITS (SGD) | |||
BLISS | COSY | HARMONY | JOYOUS | ||
1 | Building | $100,000 | $150,000 | $200,000 | $250,000 |
2 | Renovations, Fixtures & Fittings | $50,000 | $75,000 | $100,000 | $125,000 |
3 | Household Contents | $40,000 | $60,000 | $80,000 | $100,000 |
**EXTENDED BENEFITS (MAXIMUM)** (SGD) APPLICABLE TO SECTION I, II, III | |||||
Loss of Rental Income / Alternative Accommodation | $8,000 | $12,000 | $16,000 | $20,000 | |
Removals of Debris | $2,000 | $3,000 | $4,500 | $6,500 | |
Fire Extinguishing Expenses (e.g. Cost of replenishment of fire extinguisher) |
$19,000 | $28,500 | $38,000 | $47,500 | |
Replacement / Repair of Home Security System, Locks and Keys | $750 | $750 | $750 | $750 | |
**EXTENDED BENEFITS (MAXIMUM)** (SGD) APPLICABLE TO SECTION III | |||||
Domestic Servant's Property | $4,000 | $6,000 | $8,000 | $10,000 | |
Breakage to Mirrors | $4,000 | $6,000 | $8,000 | $10,000 | |
Loss of Cash | $1,000 | $1,000 | $1,000 | $1,000 | |
Valuables | $8,000 | $10,000 | $15,000 | $20,000 | |
Emergency Cash Allowance | $1,000 | $1,000 | $1,000 | $1,000 | |
Conservancy Charges / Management Fees / Power Supply Bills | $1,000 | $1,000 | $1,000 | $1,000 | |
Household Removal | $8,000 | $8,000 | $8,000 | $8,000 | |
Legal Documents | $500 | $500 | $500 | $500 | |
Cost of Temporary Additional domestic help following accident at home | $750 | $750 | $750 | $750 | |
Loss of Credit Card | $100 | $100 | $100 | $100 | |
Robbery of Amount Withdrawn at ATM | $300 | $300 | $300 | $300 | |
Replacement of Cable Set-Top Box | $1,000 | $1,000 | $1,000 | $1,000 | |
Accidental Death to Pedigree Pets | $500 | $500 | $500 | $500 | |
Personal Liability (Insured and / or Family legal liability arising out of third party injury or property damage e.g. food poisoning) within home premises | $500,000 | $500,000 | $500,000 | $500,000 | |
Worldwide Personal Accident (Insured, Spouse and up to 3 Unmarried Children) | $30,000 per adult $10,000 per child (max 3) | ||||
Emergency Home Assistance | 2 Emergency Repairs up to $100 per repair | ||||
ADDITIONAL FREE COVERAGE (SGD) | |||||
SARS / Bird Flu (H5N1) Death Benefit for Insured, Spouse & Children (in Singapore Only) | Up to $5,000 in aggregate | Up to $5,000 in aggregate | Up to $5,000 in aggregate | Up to $5,000 in aggregate | |
One-Time SARS Home Quarantine Benefit (Order issued by MOH) | $300 | $300 | $300 | $300 | |
Dengue Fever Cover For Insured, Spouse & Children (Reimbursement of Medical Expenses per policy year) | Up to $500 in aggregate | Up to $500 in aggregate | Up to $500 in aggregate | Up to $500 in aggregate |
PREMIUM TABLE (SGD) (Before GST) |
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BLISS | COSY | HARMONY | JOYOUS | |
Annual Premium | $138 | $178 | $238 | $358 |
3 Years Special Premium | $338 | $428 | $578 | $858 |
5 Years Special Premium | $448 | $578 | $768 | $1,148 |
Life is full of uncertainties. Nobody can predict what will happen in the future. Therefore, it is important to protect yourself and your loved ones from the consequences of an accident. Our Personal Accident Safe offers you a comprehensive coverage for you and your loved ones that give you a Peace of Mind.
Special & Enhanced Features | In addition, we extend cover for the following:- |
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Benefits of PA SAFE | Titanium (SGD) |
Platinum (SGD) |
Executive (SGD) |
Economy (SGD) |
Section I - Accidental Death & Permanent Disablement (including terrorism excluding Nuclear, Chemical & Biological means) | ||||
Insured | $500,000 | $300,000 | $200,000 | $100,000 |
Spouse | $250,000 | $150,000 | $100,000 | $50,000 |
Per Child | $50,000 | $30,000 | $20,000 | $10,000 |
Per Parent-in-law | $15,000 | $15,000 | $15,000 | $15,000 |
Maid | $5,000 | $5,000 | $5,000 | $5,000 |
Section 2 - Public Transport Double Indemnity (Death of Insured & Spouse - Worldwide) | ||||
Insured | $1,000,000 | $600,000 | $400,000 | $200,000 |
Spouse | $500,000 | $300,000 | $200,000 | $100,000 |
Section 3 - Daily Hospitalisation Allowance Per Day up to 365 days if hospitalised for more than 24 hours due to an accident | ||||
Insured | $300 | $200 | $150 | $100 |
Spouse | $150 | $100 | $75 | $50 |
Per Child | $30 | $20 | $15 | $10 |
Section 4 - Accidental Medical Reimbursement (Limited Any One Accident) | ||||
Insured | $5,000 | $3,000 | $2,000 | $1,000 |
Spouse | $2,500 | $1,500 | $1,000 | $500 |
Per Child | $500 | $300 | $200 | $100 |
Temporary Total Disablement (per week) - Not applicable to 60 yrs and above. Insured or spouse must be gainfully employed at the time of accident | $500 | $300 | $200 | $100 |
Temporary Partial Disablement (per week) - Not applicable to 60 yrs and above. Insured or spouse must be gainfully employed at the time of accident | $250 | $150 | $100 | $50 |
Section 5 - Sars/Bird Flu (H5N1)/Dengue Fever (Limited Any One Occurrence) | ||||
Insured | $500 | $500 | $500 | $500 |
Spouse | $250 | $250 | $250 | $250 |
Per Child | $100 | $100 | $100 | $100 |
Section 6 - Emergency Medical Evacuation & Repatriation | ||||
$50,000 for Individual Plan, $100,000 for Family Plan | ||||
Section 7 - Bereavement Expenses | ||||
$2,000 | $2,000 | $2,000 | $2,000 | |
Section 8 - Treatment expenses from licenced Chinese Acupuncturists, bonesetters up to S$500 | ||||
Section 9 - Animal Bites or Insects (Limited to Any One Occurrence) | ||||
*If Section 5 is payable, this Section does not apply | $500 | $500 | $500 | $500 |
Section 10 - Mobility Aid | ||||
$2,000 | $2,000 | $2,000 | $2,000 | |
Section 11 - Repatriation of Mortal Remains | ||||
$5,000 | $5,000 | $5,000 | $5,000 | |
Section 12 - Child Care Benefit (upon death of insured/spouse) | ||||
$700 | $500 | $250 | $150 | |
Section 13 - Education Fund for insured Child upon accidental death of Insured or Spouse - $20,000 Per Child |
PREMIUM TABLE (SGD) (Before GST) |
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Annual Premium (Individual) | Titanium | Platinum | Executive | Economy |
Class I | $538 | $428 | $278 | $168 |
Class II | $838 | $568 | $388 | $218 |
Class III | NA | $938 | $518 | $428 |
Annual Premium (Family) | Titanium | Platinum | Executive | Economy |
Class I | $848 | $728 | $568 | $358 |
Class II | $1,148 | $938 | $728 | $518 |
Class III | NA | $1,148 | $938 | $728 |
Going for an exciting holiday or business trip? Cover with our Travel Safe insurance that provides you a comprehensive coverage and protection for you and your family at an affordable premium. Bring along our Travel Safe with you as your Travel Companion and travel with a peace of mind.
Enjoy 25% Savings when you buy single-trip Travel Safe online.
As one of our policyholders, you will enjoy a wide range of services provided free by us. Just call the China Taiping Insurance Hotline number operated 7 days a week, 24 hours a day and enjoy services such as:
Provides information on VISA and Vaccination requirements, weather, currency exchange rates, health hazards etc.
Directs you to the appropriate authorities, provides information on the nearest embassy and even interpreting services over the phone.
Should you need to send an urgent message home or to anywhere, just call our Hotline number for assistance.
Should you require medical advice abroad, just call our Hotline number and a doctor will provide advice over the phone. Hospital admission, doctor's appointment and monitoring of medical condition can be provided too.
Section / Coverage (SGD) | Platinum Plan | Executive Plan | Economy Plan |
Section 1 - Accidental Death & Disablement | |||
$500,000 | $250,000 | $150,000 | |
>71 to 75 years | $150,000 | $100,000 | $50,000 |
Child | Not applicable | $30,000 | $25,000 |
Section 2 - Public Transport Double Cover | |||
$1,000,000 | $500,000 | Not Covered | |
>71 to 75 years | $300,000 | $200,000 | |
Child | Not Applicable | $60,000 | |
Section 3 - Medical Expenses Incurred Overseas | |||
$500,000 | $350,000 | $250,000 | |
>71 to 75 years | $250,000 | $200,000 | $100,000 |
Child | Not Applicable | $1,000,000 in aggregate | $500,000 in aggregate |
Section 4 - Follow up Medical Expenses Incurred Upon Return to Singapore after an accident / sickness overseas | |||
$50,000 | $35,000 | $25,000 | |
>71 to 75 years | $25,000 | $20,000 | $10,000 |
Per Family | Not Applicable | $100,000 | $50,000 |
Section 5 - Emergency Medical Evacuation & Repatriation | |||
$1,500,000 | $1,500,000 | $1,500,000 | |
>71 to 75 years | $250,000 | $250,000 | $100,000 |
Per Family | Not Covered | $1,500,000 in aggregate | $1,500,000 in aggregate |
Section 6 | |||
Direct Repatriation | $50,000 | $30,000 | $15,000 |
Section 7 | |||
Hospital Allowance | $50,000 ($200 per day up to a max 250 days) |
$30,000 ($200 per day up to a max 150 days) |
$10,000 ($200 per day up to a max 50 days) |
Section 8 | |||
Return of Minor | Not Applicable | $5,000 | $4,000 |
Section 9 | |||
Compassionate Visit by Relative or Friend | $8,000 | $5,000 | $4,000 |
Section 10 | |||
Hospital Visitation | $8,000 (Insured must be hospitalized for more than 5 days) |
$5,000 (Insured must be hospitalized for more than 5 days) |
$4,000 (Insured must be hospitalized for more than 5 days) |
Section 11 | |||
Travel Cancellation | $15,000 | $10,000 | $5,000 |
Section 12 | |||
Travel Postponement | $2,500 | $1,000 | $500 |
Section 13 | |||
Travel Curtailment (including Aircraft Hijacking) | $15,000 | 10,000 | $5,000 |
Section 14 | |||
Loss or Damage to Baggage & Personal Effects | $5,500 ($500 per item) | $5,000 ($500 per item) | $3,000 ($500 per item) |
Loss or Damage to Laptop Cover | $1,250 | $1,000 | Not Covered |
Section 15 | |||
Baggage Delay | $1,600 ($200 for each full 6 consecutive hrs of delay) |
$1,000 ($200 for each full 6 consecutive hrs of delay) |
$1,000 ($200 for each full 8 consecutive hrs of delay) |
Section 16 | |||
Loss of or Damage to Golf Equipment | $750 | $500 | Not Covered |
Section 17 | |||
Loss of Travel Documents | $5,000 | $3,000 | $1,000 |
Section 18 | |||
Loss of Cash | $500 | $300 | $300 |
Section 19 | |||
Travel Delay | $1,600 ($100 for every full 6 consecutive hrs of delay) |
$1,000 ($100 for every full 6 consecutive hrs of delay) |
$1,000 ($100 for every full 8 consecutive hrs of delay) |
Section 20 | |||
Travel Misconnection | $500 (within 6 consecutive hours upon arrival) |
$200 (within 6 consecutive hours upon arrival) |
$200 (within 8 consecutive hours upon arrival) |
Section 21 | |||
Personal Liability Cover | $1 million | $750,000 | $500,000 |
Section 22 | |||
Home Protection | $5,000 | $5,000 | $5,000 |
Section 23 | |||
Rental Vehicle Excess | $750 | $500 | Not Covered |
Section 24 | |||
Pet Expenses | $500 ($50 for every full 6 consecutive hours) |
$250 ($50 for every full 6 consecutive hours) |
Not Covered |
Section 25 | |||
Terrorism Cover | |||
$500,000 | $250,000 | $150,000 | |
71 to 75 years | $150,000 | $100,000 | $50,000 |
Child | Not Applicable | $30,000 | $25,000 |
Choose your destination area:
China : China, Taiwan, Hong Kong & Macau
Asean : Malaysia, Indonesia, Thailand, Philippines, Myanmar, Vietnam, Cambodia, Laos, Brunei
Asia : South Korea, Australia, New Zealand, Japan, India
Worldwide : The rest of the world including North Korea, Sri Lanka, Nepal, Tibet & Mongolia
Note: China Taiping Insurance will not cover any loss, injury, damage or legal liability arising directly or indirectly from travel in, to, or through Afghanistan, Cuba, Democratic Republic of Congo, Iran, Iraq, Sudan or Syria.
Hiring a domestic maid is not always easy. Make room for more saving and ease of mind for you and your maid. China Taiping Insurance ensures that you can look after your maid's wellbeing without it being a financial burden. Buy a Domestic Maid Insurance Policy from us, enjoy peace of mind!
Enjoy 20% Discount when you buy Domestic Maid Insurance from us directly.
Depending on the plan you have selected, here is the summary of basic coverage for 26 months:
Personal Accident
24 hours worldwide cover for death, permanent disablement resulting from an accident. This also includes medical expenses for treatment of accidental injury.
Repatriation Expenses
We will pay for conveyance of the maid to her country of origin following an accident, sickness or disease which results in her permanent total disablement as defined under the policy.
Hospital and Surgical Expenses
Reimbursement of all necessary charges incurred by your maid as an in-patient as a result of accidental bodily injury or illness.
Termination Expenses
Reimbursement of charges incurred in respect of termination of maid's services as a result of being certified by a registered physician or surgeon to be medically unfit to work.
Wages and Levy Reimbursement
China Taiping Insurance will reimburse pro rata wages and levy imposed by the government should you suffer from loss of services from the maid caused by her hospitalization due to an illness or accident.
Recuperation Expenses
We will pay for the maid's daily recuperation benefits - during the maid's stay in a hospital as insured under Section 3 - Hospital and Surgical Expenses of this policy.
Security Bond
This security bond replaces the S$5,000.00 security deposit to be submitted to the Controller of Immigration. China Taiping Insurance requires a counter indemnity to be executed by you, the Employer. If you are a foreigner, a local guarantor or registered company is required as a third party guarantor.
Section | Coverage | SUM INSURED (SGD) | ||
Plan 1 | Plan 2 | Plan 3 | ||
1. | Personal Accident | |||
A) Accidental Death | $40,000.00 | $40,000.00 | $40,000.00 | |
B) Permanent Disability | $40,000.00 | $40,000.00 | $40,000.00 | |
C) Outpatient Medical Expenses | $1,000.00 | $3,500.00 | $5,000.00 | |
2. | Repatriation Expenses | $10,000.00 | $10,000.00 | $10,000.00 |
3. | Hospital & Surgical Expenses Annual Limit |
$30,000.00 $15,000.00 |
$36,000.00 $18,000.00 |
$40,000.00 $20,000.00 |
4. | Termination Expenses | NA | $250.00 | $500.00 |
5. | Wages & Levy Reimbursement |
NA | $20.00 / Day Max 60 Days |
$30.00 / Day Max 60 Days |
6. | Recuperation Benefits | NA | $20.00 / Day | $30.00 / Day |
7. | Security Bond | $5,000.00 | $5,000.00 | $5,000.00 |
8. | Optional Cover (Additional Premium) | # Bond Protection subject to excess of $200 |
PREMIUM TABLE (SGD) (Before GST) |
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Plan 1 | Plan 2 | Plan 3 | |
Premium (26 Months) | $230 | $250 | $280 |
OPTIONAL COVER / ADDITIONAL PREMIUM | |||
Bond Protection - (Subject to an excess of $200) | $50 |
This is a MOM requirement. MOM requires all insurance and bond to have an additional two months cover so that in any event / reason the maid overstay in Singapore after her work permit expired, she is still covered under the insurance.
For China Taiping’s Domestic Maid Insurance policy, we charge the premium for a 12 or 24 months period only. We do not charge any additional premium for the additional two months cover.
This is a MOM requirement. MOM requires all insurance and bond to have an additional two months cover so that in any event / reason the maid overstay in Singapore after her work permit expired, she is still covered under the insurance.
For China Taiping’s Domestic Maid Insurance policy, we charge the premium for a 12 or 24 months period only. We do not charge any additional premium for the additional two months cover.
The $5,000 Guarantee Bond that you purchase with China Taiping Insurance only allows us to act as a guarantor by providing a Letter of Guarantee to MOM on your behalf. This frees you from the need to pay the $5,000 cash up front to MOM when you are applying for a maid.
If you or your maid breaches the rules and conditions set by MOM, MOM will call for the bond from us and we will recover it from you.
You can take up our Bond Protection. It will limit your liability on the $5,000 Security Bond to $200 instead. This is provided that the breach of the $5,000 Security Bond is not due to your negligence or fault. This is an optional cover and you will need to pay an additional premium for it.
Introducing our newly enhanced benefit, you can whiz through your motoring needs with a peace of mind. To meet your preferences at an affordable premium for added protection, we offer a choice of two comprehensive plans: AutoExcel and AutoSafe
Put your mind at ease with our enhanced UniHome Safe insurance. We have new benefits and features and an even better plan to suit your needs! For as little as $0.38 a day, you can enjoy the little comforts of the sanctuary you call home, knowing that you are well protected by a comprehensive home protection plan.
Life is full of uncertainties. Nobody can predict what will happen in the future. Therefore, it is important to protect yourself and your loved ones from the consequences of an accident. Our Personal Accident Safe offers you a comprehensive coverage for you and your loved ones that give you a Peace of Mind.
Going for an exciting holiday or business trip? Cover with our Travel Safe insurance that provides you a comprehensive coverage and protection for you and your family at an affordable premium. Bring along our Travel Safe with you as your Travel Companion and travel with a peace of mind.
Hiring a domestic maid is not always easy. Make room for more saving and ease of mind for you and your maid. China Taiping Insurance ensures that you can look after your maid's wellbeing without it being a financial burden. Buy a Domestic Maid Insurance Policy from us, enjoy peace of mind!
Are you protected from financial loss if your house, factory, stocks and other contents are damaged by Fire or by water, be it flood or extinguishment water? Do not let the unexpected ruin your dreams. Be protected. Insure with Tokio Marine Insurance Singapore Ltd. So even if the worst should happen, you can be assured that Tokio Marine Insurance Singapore Ltd will be there to assist you in your time of need.
Residential homeowners are also invited to check out our competitive package policies.
Your business can be severely affected by interruption or stoppage if any of your business assets are damaged by Fire or other perils. This leads to loss of revenue and can lead to total business collapse or financial ruin. To prevent such catastrophic losses it is prudent to be protected by insuring your business for Consequential Loss/Business Interruption with Tokio Marine Insurance Singapore Ltd.
A Consequential Loss/Business Interruption Policy pays for the followings:
The word “fidelity” means the “faithful or loyal performance of duty by the employee”. Losses arising from dishonesty or disloyalty of the employee (s) can be insured against. Fidelity Guarantee Insurance is an undertaking by the Insurer to make good any financial loss incurred by you resulting from fraudulent or dishonest acts of your employees. You can cover loss of money or goods.
Hesitate no more. Call us for more information.
With an investment of a small premium you can have complete peace of mind.
Liability Insurance, sometimes known as third party insurance, protects the insured against the financial consequences of being sued by a third party as a result of negligent conduct on the part of the insured. The negligent act may be one that causes personal injury, death or property damage. Liability for negligence may result not only from the conduct of the insured, but also from the conduct of his or her agents and employees.
Various acts of negligence can arise in connection with a wide variety of private and commercial activities, such as the conduct of a business and the ownership or occupancy of property.
A general liability policy insurance provides for the claims settlement, the defence of lawsuits brought against the insured including the payment of judgment sums up to the limits specified in the policy. The insured’s cooperation and assistance is required in the defence of the claim.
Insures against Legal Liability of a carrier of goods for reward for loss or damage to goods in their care custody and control.
Insures against loss of others resulting from a wrongful act in the discharge of their duties on behalf of the organisation.
Insures against Legal Liability of manufacturers or merchants from defective products that cause injury or death to the purchaser.
Insures against legal liability of professionals like Lawyers, Doctors, Architects etc for losses arising from any error or omission in rendering their professional services.
Insures against Legal liability to third parties for loss of or damage to their property arising out of the insured’s business operations.
This Policy covers your machinery which is necessary for the running of your business against unforeseen and sudden physical loss or damage from any cause other than those specifically excluded.
Have you ever wondered what will happen if someone snatched away your cash you received from your customers while you were on the way to the bank OR discovered your safe and cash box emptied when you first step in the office early in the morning!
Money Insurance cover the loss of Money by any cause and the cost of repair or replacement of the safe or strong room directly associated with the theft or attempted theft there from.
Money will include your cash, bank and currency notes, cheques, money order, postal order and postal stamps related to your business.
Glass is very widely used in our buildings nowadays. It can also be costly especially it is tinted, embossed with lettering or designs on the glass, or more so when it is specially treated for commercial use. Breakage of it can result in considerable replacement cost.
You can purchased a Plate Glass Insurance to cover your loss should there be any accidental breakage to the glass and the claim is normally on a replacement basis.
The Tokio Marine Insurance Singapore Ltd Theft Policy protects your business against loss due to property stolen from your premises. As such, you don’t have to worry that you need to incur additional capital to put your business back to its present position.
You can purchase a Theft Policy to cover your stock in trade, office equipment, plant and machinery and whatever contents you have for your business.
Important points to note for the Theft Insurance are:
The property must be in the premises described in the Policy and not in the yard or outbuilding. Property temporarily removed from the premises is not covered;
There must be forcible and violent entry into or out of the premises;
Loss or damage to property by thieves is covered, as well as damage caused to the premises by thieves breaking into or out of the premises or any attempt thereat.
The sum insured can be either on a:
Full Value Basis
Maximum full value of the property to be insured;
First Loss Basis
Maximum amount thieves are expected to be able to get away with.
Construction activity in Singapore is a common sight. We offer comprehensive and adequate protection against loss of or damage to the contract works, construction plant and equipment and third party claims.
The Contractors’ All Risks policy provides All Risks cover to Contractors & Developers for structures or buildings in the course of construction. Plant and machinery on site belonging to the contractors can also be covered. Contractors may also incur liabilities to members of the public causing death, injury or damage. This can also be covered.
All plant & machinery are susceptible to damage regardless of the quality of its manufacture or maintenance. This is especially so for plants and machinery at work sites. Damages can be expensive and also cause downtime in projects.
All types of site machinery and equipment can be insured under the Contractors Plant & Machinery insurance. Some examples are mobile cranes, tower cranes, tractors, drilling rigs, batching plants, compressors and concrete mixing plants.
The policy provides comprehensive cover for any unforeseen and sudden physical loss or damage from any cause not specifically excluded.
We live in an age where technological innovation is taking place rapidly. All forms of electronic equipments & gadgets invade our daily lives. The most common form is the mobile telephone, which is relatively easy, and economical to replace when lost or damaged. However, the costs can be enormous if the Data Processing Equipment in an office or factory breaks down or is damaged by fire. The consequences can be grave.
Practically all systems consisting mainly of electronic components can be insured under an Electronic Equipment policy.
The Electronic Equipment Insurance policy provides ‘All Risks’ cover for damage to the electronic equipment. It can also be extended to cover the cost of reconstructing data files and program as well as additional costs incurred when making use of alternative facilities in order to avoid business interruption after physical loss to insured items.
Provides All Risks cover to Contractors and Developers for machinery and equipment and steel structures like bridges in the course of erection. Contractors’ plant & machinery on site can also be covered. Contractors may also incur liabilities to members of the public causing death injury or damage. This can also be insured.
Machinery Insurance is important for everyone who operates machinery, not only for large Industrial Enterprises using large units or fully automated plants but also for medium-sized and small enterprises where a machinery failure may have serious financial and economic consequences.
This business insurance package brings together all the esssential covers you need for your office, retail or service operation in one single policy. The comprehensive package is tailored to suit the following types of business:
The package is not intended to cover the following:
(For such excluded trade/premises, please speak with our underwriters for consideration)
The business package provides the following protections subject to the limits of the plan you have selected (see Benefit Table):
For the coverage described above, we have 3 standard packages with different sums insured/limits of cover to cater to your different business needs.
Subject to our underwriting and payment of additional premium, you may vary the standard coverage to suit your business requirement, viz.
Increase individual sum insured/limit of cover;
Extend coverage of Section 1 to include building structures and its fixtures and fittings of the premises occupied and belonging to you or for which you are legally responsible;
Section & Benefit Description |
Sum Insured/Limit of Cover |
Additional Premium for Increased Sum Insured/Limit | ||||||||
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Section 1: Fire and defined events |
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Office |
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Section 2: Business interruption |
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$5 for every $50, subject to an overall limit of $300 per day |
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Section 3: Theft |
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Office |
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Section 4: Money
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Office |
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Section 5: Plate Glass |
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$5 for every $500, subject to an overall limit of $5,000 |
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Section 6: Personal Accident:
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$10 for every $10,000 subject to an overall limit of $100,000 for sum insured for death/permanent disablity only |
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Section 7: Fidelity Guarantee |
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Not Applicable |
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Section 8: Work Injury Compensation |
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Office
Services
Retail
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Section 9: Public Liability |
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Office |
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Section 10: Goods-In-Transit |
|
Not Applicable |
||||||||
Notes:
|
Food Outlets, Entertainment Outlets, Money Changers, Massage Parlours, Spa, Petrol Station, Motor Showroom and Repair Workshops, Jewellery, Watches, Cameras, Works of Art, Curios, Antiques, Liquor, Tobacco, Hazardous or Inflammable Goods (e.g. LPG, Paint, Varnish, JossSticks, Charcoal and the like) and premises not of concrete/brick/tile construction.
Annual Premium | |
---|---|
Office |
$180 |
Services |
$220 |
Retail |
$250 |
Top-up sums insured / limit |
Please Refere to Benefit Table |
Building extension (Section 1) |
$6 for every $10,000 cover |
|
IMPORTANT
This brochure is not an insurance policy and does not contain the full details of the insurance cover. The specific terms, conditions and exclusions applicable to the insurance are contained in the policy which will be issued to you upon acceptance of your application. A copy of the specimen policy can be made available to you upon request.
Don't tie up your money in the bank as collateral! Ease your financial burden! Effect a Performance Bond with us! Other types of Bonds such as Domestic Maid and Foreign Workers Bonds are also available.
Following the successful application / renewal of work permit for your foreign workers, the Immigration Department would require you, the Employer to:
China Taiping Insurance provides this type of Bonds for workers from China, India, Bangladesh, Thailand, Sri Lanka, Indonesia, Philippines etc sources approved by the Ministry of Manpower.
We provide very competitive premium for Immigration Bonds on all classes of foreign workers
Once our underwriting terms are accepted, for China Taiping Insurance to issue this bond, we require the following:
Following the successful application / renewal of work permit for your foreign workers, the Immigration Department would require you, the Employer to:
China Taiping Insurance provides this type of Bonds for workers from China, India, Bangladesh, Thailand, Sri Lanka, Indonesia, Philippines etc sources approved by the Ministry of Manpower.
We provide very competitive premium for Immigration Bonds on all classes of foreign workers
Once our underwriting terms are accepted, for China Taiping Insurance to issue this bond, we require the following:
Tokio Marine is one of the top Cargo insurers in Singapore and one of the largest International Insurance Groups in the World who offers you expertise and service in what is the oldest and specialized class of insurance.
Service and stability which we have built over the years has done vigilant to our customer’s changing needs. We continue to provide prompt service and competitive quotation.
We are always your preferred partner, to assure you a peace of mind about your cargo wherever they are. Cargoes are exposed to unpredictable hazards during transportation from one country to another.
Our Marine Cargo Insurance will provide you with indemnity & financial protection for loss of or damage to your cargo during transit. Cargo may be carried by Sea, Air, Rail and Land.
To earn our customer trust and dependence, we work ethically and fairly to fulfill our customer’s requirements by offering them different type of contracts and coverage according to their needs.
Parties who needs Marine Cargo Insurance ?
What is Marine Cargo Insurance?
Marine cargo insurance affords financial protection against loss or damage to cargo transported from one place to another. The transportation can be by sea, air on land.
Why should I buy marine cargo insurance?
Marine Cargo is designed to indemnify the insured party against any physical damage or loss that occurs during transportation as the risks specified in the agreed insurance policy. It is aimed to at reducing or removing the financial burden that accompanies such potential damages and losses.
What is the information required to obtain a quotation?
You may download our proposal form, complete the details required & submit to us for quotation.
What perils are covered? What perils are excluded?
The perils covered and excluded depend on which type of coverage you choose. There are three types of coverage available, namely the Institute Cargo Clauses (A), (B) and (C).
Do you cover shipments on Worldwide to Worldwide basis?
Yes we do provide Worldwide to Worldwide voyages, subject to our excluded list of
countries.
Do you provide a facility for client to issue Certificate of Insurance (CI)?
In such instances, the client is authorized to issue CI as per agreed terms/conditions in the
Marine Open Cover.
What is Single Voyage Policy?
Most common type of policy & it covers from one place to another place and for each individual voyage.
What is Marine Open Cover policy?
A marine cargo open policy is the agreement between the insured and the insurance company to insure all cargoes in transit falling within that agreement for an indefinite period, until the agreement is cancelled by either policy.
What is An Annual Policy?
An Annual policy is to cover risks for a period of time, usually one year and all the shipments should fall within the terms/conditions of the policy.
Scope of coverage is subject to exclusions.
Institute Cargo Clause A (ICC A).
All risks coverage including
Institute Cargo Clause B (ICC B)
Institute Cargo Clause C (ICC C)
Local delivery by land
All risks coverage including
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