BizShield Insurance
You take care of your business
We protect it
It's a comprehensive and flexible insurance plan that not only protects your business contents, cash and stocks, but your employees as well. Because when it comes to your bottom line, you should not settle for anything less.
Underwritten by MSIG Insurance (Singapore) Pte Ltd and designed specially for small and medium sized offices, retail stores, F&B outlets, light industries / factories, you can count on BizShield to provide reliable long term protection for your business.
Your benefits at a glance
| Standard Plan |
| Section |
Cover |
Sum Insured/Unit |
Maximum Sum Insured/Unit |
| 1 |
All Risks
(Excess: S$150 each & every loss) |
|
S$ 1,000,000.00 |
| Furniture, Fittings, Fixtures and all other contents |
S$ 30,000.00 |
| Stock in trade |
S$ 20,000.00 |
| 2 |
Business Interruption |
| Additional Increase Cost of Working (Up to 100 days) |
S$250 per day |
S$500 per day |
Cost of Recompiling Records |
|
S$ 1,500.00 |
S$ 1,500.00 |
| 3 |
Money
(In Transit & In Premises) |
S$ 5,000.00 |
S$ 30,000.00 |
| 4 |
Personal Accident |
1 Owner
@ S$ 50,000.00 |
S$ 200,000.00 |
| 5 |
Work Injury Compensation |
5 Indoor/Admin Staff |
20 Employees |
| 6 |
Public Liability |
S$ 1,000,000.00 |
S$ 2,000,000.00 |
| 7 |
Plate Glass |
S$ 2,500.00 |
S$ 10,000.00 |
| |
| Section |
Optional Covers |
Maximum Sum Insured/Unit |
| 8 |
Fidelity Guarantee
(S$20,000 maximum any one claim & in the aggregate) |
S$ 20,000.00 |
| 9 |
Deterioration of Stock
(Time Excess: 7 Hours) |
S$ 10,000.00 |
| 10 |
Goods-In-Transit
(Excess: S$200 each & every loss) |
S$ 2,000.00 |
| 11 |
Fire & Extraneous Perils (Building) |
S$ 2,000,000.00 |
|
NOTE
- The Policy is for building construction of brick, stone or concrete with hard roof or shed building entirely constructed of steel or iron on steel or iron frame with concrete or earth floor.
- Premiums are on a per location basis unless units are adjoining.
- Sum insured is to be rounded up to the nearest thousand.
- The annual premium shown applies to the Standard Plan only. If you require additional sum insured for any section, please indicated the additional amount required and we will provide you with a quotation.
Don't jeopardise the business you've painstakingly built.
Opt for BizShield.
Attractive discounts when you sign up
Business owners who insure more than five offices/shops in the same policy will enjoy a discount of 10% on their premiums. Also, enjoy a No Claim Discount of 10% on premiums for the second and subsequent years' renewals.
Click here for an application form. Please fax the completed form to +65 6827 7805.
For more information about BizShield Insurance, please contact MSIG Insurance at +65 6827 7672 / 6827 7673 (Mon to Fri, 8.45am to 5.30pm).
BizShield is underwritten by MSIG Insurance ( Singapore ) Pte Ltd and distributed by DBS Bank Ltd. This brochure is published for information only and is not a contract of insurance. The full details of the terms, conditions and exclusion of this insurance are provided in the BizShield Policy and will be sent to you upon acceptance of your application by the insurer.
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