Key benefits
Combines various classes of insurance under one policy
Easy to arrange
Competitive premium terms
Chain Discount with 3 or more shops
Further discounts given for clean claims record
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Compare our plans in detail, you’ll definitely find something that suits you
Description
Plan A Sum Insured
Plan B Sum Insured
All Risks1
Excess: S$200 each and every loss except for fire, lightning and burglary
Plan A Sum Insured
S$75,000
Plan B Sum Insured
S$150,000
Consequential Loss
Excess: 3 days by order of a public authority
Plan A Sum Insured
S$10,000
Plan B Sum Insured
S$20,000
Rental Expenses
Plan A Sum Insured
S$10,000
Plan B Sum Insured
S$20,000
In transit
Plan A Sum Insured
S$2,000
Plan B Sum Insured
S$3,000
In premises during business hours
Plan A Sum Insured
S$2,000
Plan B Sum Insured
S$3,000
In locked safes after business hours
Plan A Sum Insured
S$2,000
Plan B Sum Insured
S$3,000
In locked drawers after business hours
Plan A Sum Insured
S$500
Plan B Sum Insured
S$1,000
Personal Accident
Plan A Sum Insured
S$50,000
Plan B Sum Insured
S$50,000
Public Liability
(Any one accident/unlimited any one period)
Plan A Sum Insured
S$250,000
Plan B Sum Insured
S$500,000
Food & Beverage Extension
(Any one loss and in the aggregate)
Plan A Sum Insured
S$50,000
Plan B Sum Insured
S$50,000
Goods-in-Transit
(Any one loss and in the aggregate)
Plan A Sum Insured
S$5,000
Plan B Sum Insured
S$5,000
Annual Premium
Plan A Sum Insured
S$234.35
Plan B Sum Insured
S$343.35
Top-up Plan from Plan B
Top-up Rates
Maximum Sum Insured Limit
All Risks1
Excess: S$200 each and every loss except for fire, lightning and burglary
Top-up Rates
S$40.89 for every S$25,000
Maximum Sum Insured Limit
S$1,000,000
Consequential Loss
Excess: 3 days by order of a public authority
Top-up Rates
N.A.
Maximum Sum Insured Limit
N.A.
Rental Expenses
Top-up Rates
N.A.
Maximum Sum Insured Limit
N.A.
In transit
Top-up Rates
S$5.45 for every S$500
Maximum Sum Insured Limit
S$10,000
In premises during business hours
Top-up Rates
S$5.45 for every S$500
Maximum Sum Insured Limit
S$10,000
In locked safes after business hours
Top-up Rates
S$5.45 for every S$500
Maximum Sum Insured Limit
S$10,000
In locked drawers after business hours
Top-up Rates
S$5.45 for every S$500
Maximum Sum Insured Limit
S$3,000
Personal Accident
Top-up Rates
N.A.
Maximum Sum Insured Limit
N.A.
Public Liability
(Any one accident/unlimited any one period)
Top-up Rates
S$32.70 for every S$250,000
Maximum Sum Insured Limit
S$5,000,000
Food & Beverage Extension
(Any one loss and in the aggregate)
Top-up Rates
S$27.25 for every S$50,000
Maximum Sum Insured Limit
S$100,000
Goods-in-Transit (Any one loss and in the aggregate)
Top-up Rates
N.A.
Maximum Sum Insured Limit
N.A.
1 All Risks
- Premises situated on road level or basement is subject to an excess of S$2,500 each and every loss in respect of flood claims
- Accidental breakage of plate glass up to S$25,000 any one loss and in the aggregate
Optional Coverage
Description
Sum Insured/Headcount
Top-up Rates
Non-manual employees
Admin/accounts/management/cashiers/marketing/sales
Sum Insured/Headcount
Earning ≤ S$30,000
Earning > S$30,000 up to S$75,000
Top-up Rates
S$32.70 per employee
S$59.95 per employee
Manual employees
Beauticians/masseurs or masseuses/cleaners
Sum Insured/Headcount
Earning ≤ S$30,000
Earning > S$30,000 up to S$75,000
Top-up Rates
S$65.40 per employee
S$109.00 per employee
Driver/Dispatch/Delivery
Sum Insured/Headcount
Earning ≤ S$50,000
Top-up Rates
S$218.00 per employee
Any one employee and in the aggregate
Sum Insured/Headcount
S$2,000
Top-up Rates
S$10.90 per employee
Any one loss and in the aggregate
Sum Insured/Headcount
S$1,000
Top-up Rates
S$32.70 + S$10.90 per additional S$500 insured limit up to a maximum of S$5,000
2 Work Injury Compensation
- Please refer to separate underwriting for annual earnings above the stated amount
- Please declare occupation, headcount, and Actual4 annual wages per Category. Actual4 annual wages consists of salary (including overtime pay), bonuses and allowances excluding transport allowance
3 Fidelity Guarantee
- This section will need to be taken together with the Work Injury Compensation section
- Please declare occupation and headcount
4 Actual annual wages per category at the inception of the policy year
Get in touch
If you have any questions regarding this product, don’t hesitate to reach out via our contact form.
Get in touch
If you have any questions regarding this product, don’t hesitate to reach out via our contact form.
Notes
- aromatherapy
- hydrotherapy
- sauna/steam treatments
- massage
- reflexology
- hair treatment such as cutting, coloring, tinting, dyeing, perming, treating, drying, extending, conditioning, and bleaching
- beauty treatments such as waxing, facials, steam treatments, spray-on tanning, eyebrow tinting, plucking and shaping, eyelash perming and tinting, eyelash extension, pedicure, manicure, and electrolysis
Provided that the instrument(s) used for any of the Covered Services meet(s) the specified safety standards set out the Consumer Protection (Safety Requirements) Registration Scheme managed by SPRING Singapore and that any treatment under such Covered Services does not involve the breaking of or abrasion of the skin
- Full reinstatement values for renovations/improvements
- Full replacement costs for contents other than stock-in-trade
- Market value for stock-in-trade
Without allowance for wear, tear and depreciation otherwise any claim settlement will be proportionately reduced
| Number of Outlets | Discount |
|---|---|
| 3 to 5 | 10% |
| 6 or more | 15% |
- 10% of the gross premium on 1st renewal if there were no claims during the preceding year
- 15% of the gross premium on 2nd and subsequent renewals if there were no claims during the preceding 2 years
Types of Services
- Services not falling within the description of Covered Services. This will include, but not limited to any form of cosmetic surgery or any such like process, including implanting, injecting, tattooing and body piercing or any other process that involves the breaking or abrasion of skin electrolysis treatment where the instrument(s) used does (do) not meet the specified safety standards set out under the Consumer Protection (Safety Requirements) Registration Scheme managed by SPRING Singapore
- Traditional Chinese Medicine practice such as acupuncture, bone setting, physician (sinseh)
- Healthcare services like medical and dental clinics
- Risks involving onboard vessels, manufacturing, or production
- Any offsite contract works/activities other than for delivery, sales calls, meetings, non-manual/sedentary duties
Type of Premises/Construction
- Premises not of brick/tile/concrete construction
- Premises with properly kept in the open or without perimeter, fence or security
- Premises which are part of more extensive premises used mainly for industrial, manufacturing, assembly, warehousing or wholesale (including use as megastore retail outlets) purposes
- Pre-war premises
- Premises shared with other businesses or sublet to other occupants
- Premises outside Singapore
For such services or premises, please refer to the Company.
The information provided here is a summary. Please refer to the actual policy wordings for the terms and conditions.
This policy is 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 (sgservicecenter@libertymutual.com) or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).