Comprehensive Coverage That Gives You Peace of Mind.
Why let multiple insurance policies distract you from your core business activities?
Harness your time more effectively with SmartPlan Office - the one package for all your insurance needs. Besides offering a Standard plan with basic protection, it gives you flexibility to increase the coverage limits or add on optional covers to suit your unique requirements.
You'll certainly sleep better knowing that your business is covered by SmartPlan Office.
Basic Covers
1. All Risks on Contents
We insure you against accidental physical loss or damage to your property, which may include stock, machinery, equipment, furniture, furnishing, fixtures and fittings.
Additional benefits included are:
- Breakage of glass, signs and/or all internal and external plate glass in windows, doors, fanlights and partitions
- Loss or damage to works of art and curios
- Alterations and repairs
- Appraisement
- Brand and Label
- Breach of Conditions
- Breach of Warranties
- Contract Price
- Fire Brigade Charges and Extinguishing Costs
- Other Contents
- Removal of Debris
2. Additional Expenditure/Increase Cost of Working
We will pay for any additional expenditure necessarily incurred for you to resume your business quickly after a loss insured under Section 1.
Additional benefits included are:
- Denial of Access
- Failure of Electricity Supply
3. Money
This section protects you against loss of money whilst they are being kept in your premises, or in transit anywhere within Singapore.
Additional benefits included are:
- Personal Accident Benefits Extension (for 1 Employee)
- Loss/Damage to Safe/Strongroom
4. Workmen's Compensation
This section protects you from legal liability towards your employees if they suffer death or injuries by accident arising out of and in the course of employment.
5. Public Liability
This section covers your legal liability to third parties for accidental bodily injury or property damage caused by you in connection to your business.
Additional benefits included are:
- Advertising and Neon Signs
- Fire and Explosion Endorsement
- Food and Drink
- Loading and Unloading of Vehicles
- Private Works for Directors and Executives
- Sports and Social Activities
- Tenants' and Occupiers' Liability
6. 24-hour Worldwide Personal Accident
We will pay you based on a table of compensation if any of your directors, partners or employees sustain bodily injury caused by violent, accidental, external and visible means resulting in death or permanent disability. All named persons must be aged between 16 and 65 years at entry.
Additional benefits included are:
- Repatriation Costs
- Exposure
- Disappearance
- Murder and Assault
- Hijack
- Daily In-hospital income
Optional Covers
7. Fidelity Guarantee
We protect you against direct pecuniary loss arising from any act of fraud or dishonesty committed by your employees.
8. Business Interruption
This section protects you against the loss of income that your business suffers as a result of a loss or damage insured under Section 1. That is to say, if you cannot trade due to an insured loss or damage to your contents, we will cover you against the amount of loss resulting from such interruption up to an indemnity period of 12 months.
Additional benefits included are:
- Alternative Trading Clause
- Accumulated Stock
- Automatic Reinstatement of Loss Amount
- Business conducted other than at Location
- Denial of Access
- Department
- New Business
- Utilities & Services
9. Fire & Extraneous Perils on Building
This section insures you against physical loss of or damage to your insured building due to fire or extraneous perils, such as lightning, flood, riot, strike, etc.
Additional benefits included are:
- Alterations and Repairs
- Appraisement
- Architects', Surveyors' & Consultant Engineers' Fees
- Automatic Reinstatement
- Awnings, Blinds, Signs or other Outdoor Fixtures or Fittings
- Breach of Conditions and/or Warranties
- Capital Additions
- Cost of Demolition and Clearing and Erection of Hoarding
- Electrical installation
- Extended Impact Damage
- Fire Extinguishing Cost/Fire Brigade Charges
- Heating and Power
- Leased Property
- Privileges/Permission Granted
- Public Authorities/Ordinance
- Reinstatement Value (excluding Stock)
- Sue and Labour
- Temporary Protection and Safety Costs
- Tenants' Improvements
Standard Plan: Benefits at a glance
| BASIC COVERS | SUM INSURED/LIMIT | MAXIMUM LIMIT |
| All Risks on Contents | S$25,000 | Up to S$2,000,000 |
| Additional Expenditure/Increase Cost of Working (Up to 100 days) | S$200 per day | Up to S$500 per day |
| Money (Money in premises & Money in transit) | S$5,000 | Up to S$30,000 |
| Public Liability (AOA/AOP) | S$500,000 | Up to S$2,000,000 |
| Workmen's Compensation | For 2 Employees | Up to 20 Employees |
| Personal Accident Per Conveyance Limit - S$3,000,000 | S$30,000 each person (for 3 named proprietors/ partners/ directors | Up to S$500,000 each person. Up to 20 persons. |
| OPTIONAL COVERS | ||
| Fidelity Guarantee | S$5,000 any one employee and in aggregate | Up to S$30,000 any one employee and in aggregate. Up to 20 employees. |
| Business Interruption Indemnity Period: 12 months | Insured to determine sum insured | Up to S$1,000,000 |
| Fire & EP on Building | Insured to determine sum insured | Up to S$2,000,000 |
